S&ST sets out to revolutionize security camera ecosystem

Security and Safety Things (SAST) sets out to revolutionize security camera ecosystem

Industry’s first open and standardized operating system and global marketplace for security camera applications

• Open platform helps developers innovate and create solutions for next- generation AI-equipped cameras via new IoT App Store
• SAST will cooperate closely with newly announced Open Security and Safety Alliance
• Investment underlines Bosch Group’s strategic commitment to new digital growth areas and IoT

Munich, 25 September 2018 – Today, Security and Safety Things GmbH (SAST) announced their vision for a revolutionary IoT platform in the security camera segment. SAST is currently building a global ecosystem for the development of innovative security camera applications. Although the open and secure IoT platform is initially for the security camera industry, the platform will be extended to support additional IoT domains in the future. The platform will be launched in mid-2019.

“SAST introduces a new standard for the development of innovative business applications in the security and safety segment. SAST is creating a free operating system and a secure and scalable global marketplace to deploy and manage software solutions. SAST is closely cooperating with the recently announced Open Security and Safety Alliance to ensure an innovative and compatible platform for its members,” said Hartmut Schaper, CEO of SAST.

Global platform for the next generation of security cameras

The founding of SAST is in direct response to current innovative trends for IP security cameras. Increasing internet connectivity and computing power at the edge is fostering the rise of edge-based video analytics.

Within this global market, SAST anticipates specialized software applications to emerge as a significant growth segment during the next five years.

A specific growth driver for these software applications are next- generation microprocessors, including so-called neuron chip sets.

Benefits include among others:

• High-value analytics applications
• Artificial Intelligence unlocking new security camera functionality, e.g. facial recognition
• Possibility to install apps via updates or new app uploads, without changing the camera

Industry-first open IoT platform for camera apps in security and beyond

SAST will provide a unique B2B-software ecosystem within the security camera market. The SAST-related App Store will allow developers to build applications on an open software standard, and to market them via the SAST App Store, similar to today’s app stores for smartphone applications. Focus applications currently include:

• Building security. Vertical specific applications for airports (e.g. face recognition, perimeter control) and retail (e.g. queue management, flow analysis) based on Artificial Intelligence
• Applications beyond security, such as business intelligence and lifecycle monitoring (e.g. predictive maintenance and condition monitoring)

SAST will implement strict quality guidelines and security checks for new apps, as well as a stringent approval process.
As a further commitment to innovation, SAST plans to hire additional employees during the first half of 2019, with a high focus on software developers and IT skills.
SAST is set up as a wholly owned subsidiary of Robert Bosch GmbH and is part of the group’s strategic move into new, digital growth areas. Going forward, SAST plans to onboard additional investors to further open up to external stakeholders, and to accelerate the success of its ecosystem.

Website

www.sast.io

Contact person for press inquiries:

Nikolas Mangold-Takao

Phone: +49 89 6290 2992

E-mail: press@sast.io

Supporting agency: Shepard Fox Communications

Contact Europe:

Axel Schafmeister

Phone: +41 44 252 0708

E-mail axel.schafmeister@shepard-fox.com

Contact North America

Dirk Vogel

Phone: +1 310 955 7631

E-mail: dirk.vogel@shepard-fox.com

Security and Safety Things (SAST)

SAST, located in Munich, Germany, registered in November 2017, innovates the security market by providing an open digital platform for security cameras with a team of 80 people. This platform gives camera manufacturers, app developers, integrators, and distributors access to scalable applications and open firmware. Core elements of the SAST platform are the standardized operating system, a specialized app store for IP security cameras, and a software development kit for app developers. Security and Safety Things (SAST) is a startup created by the Bosch Group.

Bosch Group (Robert Bosch GmbH)

As a leading IoT company, the Bosch Group offers innovative solutions for smart homes, smart cities, connected mobility, and connected manufacturing. It uses its expertise in sensor technology, software, and services, as well as its own IoT cloud, to offer its customers connected, cross-domain solutions from a single source. The Bosch Group’s strategic objective is to deliver innovations for a connected life. The Bosch Group comprises Robert Bosch GmbH and its roughly 440 subsidiary and regional companies in 60 countries”.

Further information can be found at www.sast.io