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https://www.fierceelectronics.com/electronics/ford-and-adt-announce-canopy-ai-based-vehicle-security
Submission Tags: falconsandbox
Submission: On January 25 via api from US — Scanned from DE
Submission Tags: falconsandbox
Submission: On January 25 via api from US — Scanned from DE
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Skip to main content * Fierce Wireless * Fierce Telecom * Fierce Video * StreamTV Show * Fierce Electronics * Sensors Converge * Electronics Events * Electronics * AutoTech * IoT & Wireless * Sensors * Embedded * Resources * Industry Events * Whitepapers * Webinars * Subscribe WHAT ARE YOU SEARCHING FOR? Enclose phrases in quotes. Use a + to require a term in results and - to exclude terms. Example: +water -Europe Subscribe * Electronics * AutoTech * IoT & Wireless * Sensors * Embedded * Resources * Industry Events * Whitepapers * Webinars * Subscribe * Fierce Wireless * Fierce Telecom * Fierce Video * StreamTV Show * Fierce Electronics * Sensors Converge * Electronics Events Electronics FORD AND ADT ANNOUNCE CANOPY FOR AI-BASED VEHICLE SECURITY By Matt Hamblen Jan 18, 2022 05:17pm Ford Motor CompanyAutomotive Audio Busmobile securityaudio sensors Ford and ADT announced a joint venture called Canopy that will offer tech for truck owners to prevent theft through AI and sensors and a related smartphone app. (Canopy ) Ford and security leader ADT announced a $100 million standalone joint venture on Tuesday called Canopy to help prevent theft from vehicles using sensors and AI. Canopy will initially provide in 2023 an after-market security product for customers to install a camera in a cargo vehicle or pickup that faces toward the rear and relies on AI to identify and report credible threats and trigger an alarm when signs and sounds of breaking glass or metal cutting or “suspicious sounds or motion” near a vehicle are detected. The insights collected will be distributed to an app to send notifications to vehicle owners. Acoustic sensors, onboard cameras, radar, LTE and GPS are the technologies involved. “Thanks to AI it will distinguish between true threats and benign ones such as a cat in a pickup or nearby construction sounds,” said Christian Moran, interim CEO of Canopy in a phone call with reporters. A video Ford and ADT released shows how the system works, even including an audible, “Hey, get away from my truck” from a remote truck owner on receiving an alert. That two-way capability will be available after the initial launch. Canopy was incubated inside Ford using Ford AI and ADT professional security monitoring. The technology will have the ability to connect signs of a theft to an ADT personnel who may notify authorities if necessary. Moran said the product will be self-installed initially in any vehicle, not just Ford trucks or cars, and then will be integrated into later vehicles. He said the upfront price and service cost will be announced later. The goal of the joint venture and the technology is to stop vehicle theft before it occurs, said Franck Louis-Victor, vice president of Ford New Businesses Platforms. He said the FBI reported more than $7 billion of stolen work equipment in 2020. “It is absolutely huge in the U.S. and security is top of mind for customers. Vehicle thefts have risen in the pandemic,” Louis-Victor said. Software services, such as Canopy provides, are expected to be a $20 billion market for the auto industry in 2030, he added. An ADT spokesperson said it has worked for the past two years curating a set of data to train the AI to distinguish benign from actual thefts and has validated those models through pilots. It will continue to invest in collecting data as necessary, the company said. However, Louis-Victor described Canopy as a premium service that “won’t use any data to make any business that is not directly for the Canopy services.” RELATED: Qualcomm announces Vision System for future vehicles SensorsElectronicsAI RELATED ARTICLES Commerce pushes for chip fab funding from Congress Jan 25, 2022 12:27pm Nvidia planning to say bye-bye to troubled Arm deal, sources say Jan 25, 2022 09:20am A new look, a new experience and what’s to come Jan 24, 2022 03:49pm Meta, with metaverse in mind, unveils AI Research SuperCluster Jan 24, 2022 01:12pm See more articles * Connect * The Team * Advertise * Join Us * Newsletters * Resources * RSS Feeds * Our Brands * Fierce Wireless * Fierce Telecom * Fierce Video * Fierce Electronics * Our Events * Electronics * Entertainment * Wireless & Telecom * ©2022 Questex LLC All rights reserved. * Terms of use * Privacy Policy x