Overview

MEGVII is a world-class AI company with core competency in deep learning. It is a pioneer in applying AI technology and computer vision algorithms to Internet of Things (IoT) use cases. MEGVII has developed its new generation AI productivity platform Brain++, which includes a proprietary deep learning framework that provides critical support for the Company’s algorithm training and model improvement processes. Leveraging its strong software-hardware integration capabilities, MEGVII has achieved leading positions in several key vertical markets, including Personal IoT, City IoT and Supply Chain IoT. MEGVII's Personal IoT solutions offer instant mobile device authentication using facial recognition technology to enhance security and convenience compared to password and fingerprint unlock. The Personal IoT solutions also include advanced computational photography functions on smartphones, with integrated identity authentication functions to enhance the safety of products and services. MEGVII's City IoT solutions enable the intelligent deployment and management of IoT devices at various urban settings, and through efficient and accurate analysis of visual data to enhance public safety, optimize traffic management and improve urban resource planning. MEGVII's Supply Chain IoT solutions help businesses digitize and upgrade factories, warehouses and retail stores, increasing efficiency throughout the supply chain. Headquartered in Beijing with over 2,300 employees, Megvii maintains four research and development centers in China.