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topicnews · September 4, 2024

Iveda’s AI software VumastAR detects oil spills for safety applications at major oil companies in Australia and the USA

Iveda’s AI software VumastAR detects oil spills for safety applications at major oil companies in Australia and the USA

Iveda (NASDAQ: IVDA), the global leader in cloud-based AI, today announced the start of application of its vumastAR AI vision software for oil spill detection and response. VumastAR (pronounced “View Master”) is an innovative AI vision software designed to make everyday tasks easier than ever before. Iveda’s customizable, next-generation AI system is compatible with a wide range of smart devices—from existing IP cameras to AR glasses to Android devices—and provides instant insights into virtually any process or scenario. Iveda is currently developing this technology for upcoming proof-of-concept projects with major oil companies in Australia and the United States, addressing the growing need for advanced safety solutions in the oil and gas industry.

Currently, employees across the oil industry must drive around in shifts to manually search for oil spills, a time-consuming and costly process. vumastAR’s AI-driven detection and automated alerts reduce the need for these manual checks, resulting in significant labor savings and faster detection times, ultimately protecting both the environment and company resources.