Intel Capital Bets Big On Perceptual Computing, Creates Funds Of $100Million

by Paul Joseph on June 5, 2013 · 0 comments

Intel Capital, chip giant’s global investment and M&A arm, has created a $100 million fund to finance perceptual computing projects, or those that use more senses to interact with computing devices. Perceptual computing includes gesture recognition using 3D depth cameras, which send signals into a room and measure the time it takes to bounce back in order to map the room’s 3D space. According to a statement released Tuesday, the company said at the Computex event in Taiwan the new fund named the “ Intel Capital Experiences and Perceptual Computing Fund “, will invest in startups and companies over the next two to three years. The areas of software and application investment include broader touch applications, imaging, gesture, voice and emotion sensing and biometrics. With the fund, Intel will help these companies with business development support, global business network and technology expertise needed to scale for worldwide use. Intel’s vision to integrate human-like sensing technologies into devices has been in the works for a while now. The company announced its perceptual computing initiative at its annual Intel Developer Forum in 2012. Since then, pace has picked up and the company’s Perceptual Computing Software Developer Kit (SDK) has been downloaded more than 10,000 times. ” Devices with human-like senses — the ability to see, hear and feel much like people do — has long been a subject of science fiction but is now within reach given recent innovations in compute power and camera technology ,” Arvind Sodhani, president of Intel Capital, said in a statement. Intel recently won a CPU slot in a Samsung tablet as well. Intel India has sufficient investments in the country and receives major profits from India. It also enjoys considerble market share in India (Global Market Share is 79.3% for PCs). I believe this is a strategic investment by Intel and in a manner Intel wants to protect its large business interests: the PC. The hope at Intel is that Perceptual Computing will create demand for PCs once again, which has been sagging as tablets and smartphones begin to rule the world(again, I wouldn’t say that PCs are dead). With this development, it definitely looks like the future of computing will be sensory. As far as Indian start-ups are concerned, I think there’s already a lot of buzz regarding sensory and perceptual computing among tech entrepreneurs in the country. Many budding start-ups like 3dim have already made it big on the gesture recognition scene. I have high hopes for the future of perceptual computing industry in general. Source:  Intel  Looking For A Social Media Agency?? – Contact WATConsult – India’s Leading Social Media Agency

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