Promising Collaboration Between Parquery AG and ATT AG

Parquery AG and AudioText Telecom AG (ATT) have recently started working on joint technological solutions in the field of object recognition by camera and the alarm triggered by this under certain conditions.

The first project will focus on the detection of weather-related conditions such as flood and heavy snowfall. A common customer wants to install an alarm system that can detect in real-time if there is a weather-related threat, in order to prevent endangering the company premises.

Parquery was founded in 2014 as a spin-off of ETH Zurich. The company's software detects objects in pictures from any camera. The resulting data are conveyed to customers in real time. Parquery is primarily active in the Smart Mobility sector, primarily in parking lot analysis. The analysis tools enable Parquery's customers to obtain data on parking occupancy and exact parking duration.

ATT-Audio Text Telecom AG (ATT) was founded in Switzerland in 1995 and since then has been developing customer-specific solutions in various alarm areas. In the field of alarm management solutions, it is a leading manufacturer nationwide.

The cooperation between ATT and Parquery could have many different use cases in which a situation, objects or other specifically defined parameters would be recognized and analyzed by camera. These results of the analysis could trigger alarms in real time.

Andrea Fossati (CEO Parquery): „We are looking forward to this cooperation with ATT and see many synergies which we would like to exploit. Parquery's competence in object analysis, coupled with ATT's extensive experience and know-how in alerting, can open up many fields of activity for both companies. We are eager to see what the future holds.“

About Parquery

Parquery is a technology spin-off from the Computer Vision Laboratory of ETH Zurich. Their Smart City solution harnesses their expertise in computer vision and machine learning. They have successfully deployed several smart parking projects, including the largest camera-based project worldwide in Locarno, Switzerland in 2015. For more information on Parquery’s technology and solutions, please visit www.parquery.com