Thales Partners with Neural Labs to Support AI-Powered Smart Cities
13 Marzo 2024 - 9:00AM
Business Wire
- Partnership spanning two decades expands to incorporate cloud
licensing
- SaaS capabilities will enable Neural Labs to deploy and update
licenses from any location for their customers and resellers
Thales, a global leader in Software Monetization and
Licensing, has expanded its partnership with Neural
Labs, a company which provides video analysis for Smart
Cities and AI-based Intelligent Transportation Systems (ITS), to
enable secure, efficient, and practical solutions for vehicle
access control and logistical planning.
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© Thales
Thales’s Sentinel platform provides services for software
licensing, entitlement management, delivery, and protection –
helping Neural Labs to quickly and efficiently automate the
creation and issuance of licenses. As a result, Neural Labs was
able to reduce costs and focus more on its customers, as well as
the value of its software against competitors.
The relationship between Thales and Neural Labs initially
started over two decades ago when Neural Labs selected Sentinel for
software protection. Since then, the company has moved into a new
era of digital transformation and adopted Thales Sentinel Cloud
Licensing to manage its SaaS offering.
With this latest licensing iteration, Neural Labs can maximise
SaaS capabilities to deploy and update licenses from any location
for their entire product portfolio and growing sales teams. This
partnership expansion is therefore crucial for the organisation to
achieve its growth ambitions in an increasingly connected
world.
Over the last three years, Neural Labs increased its revenue by
nearly 25%, with Thales Sentinel playing its part by helping to
reduce revenue leakage from unauthorized software use.
“We always knew that we needed to protect our software and
futureproof our business. Thales has been there with us since the
very beginning to help us to avoid software piracy and make the
most of every market opportunity. Now, we’re working with the team
even more closely to prepare our software so that 100% will be
offered on the cloud. The expansion of this partnership will help
us to scale with the flexible and practical solutions, and our
longstanding relationship means we can move forward with full
trust.” Elias Varcarcel, CEO, Neural Labs
“For over 20 years, our team has provided the technical support
to help Neural Labs on its mission to make cities, towns and the
road network safer, smarter and more efficient. We’re incredibly
proud that Neural Lab’s confidence in our platform and services has
allowed them to grow exponentially. We’re now looking ahead to the
next stage – full digital transformation backed by flexible and
scalable solutions.” Damien Bullot, Vice President, Software
Monetization, Thales
About Neural Labs
Neural Labs has more than 20 years of experience in the
development of specialized software based on reading license plates
and video analytics to revolutionize various sectors such as Smart
Cities, Mobility, Security, Intelligent Transport Systems (ITS),
vehicle traffic management, infractions control, logistics, and
vehicular access. This remarkable array of capabilities stands as a
testament to Neural Labs' substantial commitment to Research and
Development.
The solutions crafted by Neural Labs go above and beyond,
demonstrating excellence in reading and identifying vehicle license
plates (ANPR or LPR) and ISO6346 codes of transport containers
(ACCR).
Neural Labs is dedicated to designing solutions that simplify
the lives of its clients, transforming their environments into
safer and more efficient spaces.
About Thales
Thales (Euronext Paris: HO) is a global leader in advanced
technologies within three domains: Defence & Security,
Aeronautics & Space, and Digital Identity & Security. It
develops products and solutions that help make the world safer,
greener and more inclusive.
The Group invests close to €4 billion a year in Research &
Development, particularly in key areas such as quantum
technologies, Edge computing, 6G and cybersecurity.
Thales has 81,000* employees in 68 countries. In 2023, the Group
generated sales of €18.4 billion.
* These figures exclude the ground transportation business,
which is being divested
PLEASE VISIT Thales Group Security
@Thalesgroup
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version on businesswire.com: https://www.businesswire.com/news/home/20240313492188/en/
PRESS Thales, Media Relations Security
Marion Bonnet marion.bonnet@thalesgroup.com
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