Remark Announces Sales And Marketing Collaboration With Arrow Electronics And Intel

Arrow Financial Corporation +1.40%
Arrow Electronics, Inc. +0.65%
Intel Corporation +0.02%
Remark Media, Inc. 0.00%

Arrow Financial Corporation

AROW

24.55

+1.40%

Arrow Electronics, Inc.

ARW

116.84

+0.65%

Intel Corporation

INTC

42.99

+0.02%

MARK

NaN

Remark Holdings, Inc. (NASDAQ:MARK), a leading provider of artificial intelligence ("AI") -powered video analytics, today announced a sales and marketing initiative with Arrow Electronics (NYSE:ARW) and Intel (NASDAQ:INTC). More details can be found in the brochure attached. This collaborative initiation broadens Remark's reach to Arrow's more than 200,000 customers, providing them with Intel-powered AI servers that run Remark's Smart Safety Platform (SSP), with Arrow providing distribution, inventory, and logistical sales support. 

Remark's real-time video analytics works with existing video or CCTV systems to keep cities, employees, public, private spaces, and valuable assets safe and secure. Managing video surveillance operations has historically been a labor-intensive process that records historic forensic information after an adverse incident has already happened with possible damage inflicted, versus the real-time alerts provided by Remark's SSP that may prevent further damage from happening. Integrating Remark AI's models into an existing video infrastructure enhances the safety, security and identification of assets, objects and people with increased accuracy and speed.

 

Shing Tao, Chief Executive Officer of Remark Holding comments, "We are thrilled to work with Arrow and Intel. AI-powered computer vision requires the latest chips to provide tremendous computing power and performance, which optimizes well on Intel processors. Our combined strength expands Remark's scalable AI video analytics solution to Arrow and Intel's commercial and industrial clients that run on the Intel platform in both the private and public sectors, driving profitable growth."

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