WATERLOO, Ontario–(BUSINESS WIRE)–Cognitive Systems Corp. today unveiled its plans for a $7.3 million investment from the Canadian government, via the Strategic Innovation Fund. This fund is designed to support Canadian companies that are breaking new ground in various industries. With this funding, Cognitive Systems will further the implementation of its patented WiFi Motion™ technology, particularly algorithm refinement, for further advancements in motion localization.
“Cognitive Systems is honoured to be recognized by the Canadian government through the Strategic Innovation Fund”
Cognitive Systems’ WiFi Motion is a disruptive technology at the forefront of the smart home market. When incorporated into routers and gateways, the technology monitors wireless signals within an existing WiFi environment to alert users of motion and apply predictive analytics and learning patterns over time for a fully automated and customized user experience. WiFi Motion’s algorithms use advanced artificial intelligence (AI) and localization capabilities to classify these signals and provide context around when and where motion has occurred. The technology accommodates the fact that there is no standard home, as every space experiences different signal interference, devices competing for bandwidth, expected motion and user preferences.
With 37 patents granted to date and more than 140 pending, Cognitive Systems owns the largest and most relevant patent portfolio in the motion detection space. By using the WiFi technology that is found in nearly every home, and requiring no additional hardware, WiFi Motion is a highly affordable monitoring solution for end users.
With this investment from the Canadian government, Cognitive Systems will advance WiFi Motion’s AI engines and drive additional benefits to users, including more advanced motion localization and wellness monitoring features. Cognitive Systems will also use WiFi Motion to optimize energy management in the connected home. This will allow for automatic prediction and response to user behaviour such as turning off and on energy-draining devices, like lights and heating systems, based on when people are detected in the home. Cognitive Systems will hire additional team members to continue expansion efforts in other markets.
“Cognitive Systems is honoured to be recognized by the Canadian government through the Strategic Innovation Fund,” said Taj Manku, CEO and co-founder of Cognitive Systems. “This investment confirms our commitment to driving change in the smart home space. We’ve made significant strides in the security market with our recent partnerships and we look forward to expanding our market portfolio into smart home and wellness markets with this fund. Cognitive Systems is poised to continue leading the industry with advanced algorithms and motion sensing capabilities that will be embedded into third-party hardware. This will help us to achieve our vision of the fully connected, cognitive smart home.”
For more information, visit https://www.cognitivesystems.com/.
About Cognitive Systems
Cognitive Systems Corp., is on a mission to transform the way WiFi networks are used. Its flagship technology, WiFi Motion™, uses wireless signals to detect motion in the home. WiFi Motion harnesses artificial intelligence and predictive analytics to reliably identify and localize motion for the smart home, security and wellness monitoring markets. This patented technology is layered onto existing WiFi networks without additional hardware to enhance service provider and router manufacturer offerings.
Contacts
Katie McCall
763.760.2127
[email protected]