Adoption of driver monitoring system to pick up steam

Driver monitoring system (DMS) supplier Smart Eye agreed to acquire human behavior software firm iMotions for US$46.6 million last week in a cash-and-stock deal, according to TechCrunch reports.
The acquisition came just five months after it bought up emotion-detection software startup Affectiva, signifying the consolidation trend in the sector. Smart Eye will integrate the capabilities of iMotions and Affectiva into its AI-based eye-tracking technology.
“We expect to see continued consolidation of DMS vendors due to increased demand for DMS and interior sensing, which is already ramping up amongst OEMs,” Smart Eye CEO and founder Martin Krantz said, citing regulatory requirements in Europe as a key factor fuelling the trend.
Krantz believe the regulatory trend will spread to other parts of the world and most global automakers will procure DMS in the next couple of years as they roll out Level 2 advance driver assistance systems, which provides assistance to drivers through adaptive cruise and lane keeping functions.
A typical DMS uses a camera to monitor the driver to ensure they are paying attention. Makers of such cameras are likely to gain from wider adoption of DMS too.
-- Contact us at [email protected]
-
Energising HK's creative industries through cultural big data Dr. Winnie Tang
The government has planned to allocate nearly HK$300 million for the development of Art Tech. How can the funding effectively improve the level of local culture and arts, and further consolidate Hong
-
How to well spend the HK$300 million allocated to art tech? Dr. Winnie Tang
Local movie director Chu Yuan passed away earlier. In a lament, film critic Ka Ming recalled Chu's five masterpieces in the 1960s and 1970s. In his remark, Ka criticised that like most old Hong Kong
-
A cross-border ‘yellow cow’ story Ben Kwok
Almost all overseas fellows of my age that I know came to Hong Kong during the pandemic only for one reason: to meet their parents as much as possible. But in order to see their parents in person,
-
Advancing responsible business conduct Hanscom Smith
We need only look at the front-page news to see that companies are reassessing their business practices in areas ranging from preventing and addressing forced labor in their supply chains,
-
Re-opening Hong Kong a must Brian YS Wong
Hong Kong’s value to its country remains its openness, cosmopolitanism, and fundamental willingness to embrace and take on the unknown. It is its internationalism, as opposed to inward-looking