Sigmind.ai is one of the few companies in Bangladesh to work with artificial intelligence-based software. With the aim of fulfilling the dreams of some dreamers, officially the Sigmind started its journey from 2018. The company is basically working with AI based software. Using computer vision technology based on artificial intelligence, they first worked with driving assistants and monitoring systems. From that experience, they created the software called Watchcam. It can analyze video footage and take action as needed.
Sigmind’s vehicle management software has a number of amazing features. It can perform smart signal timing management including traffic management, calculation of nature and number of vehicles on the highway, detection of lane violations, determination of vehicle speed, number plate capture. Besides, if placed in the toll plaza, 10 types of vehicles of Bangladesh can be identified separately and the toll can be collected automatically at the fastest time.
Through their face recognition software, intelligence surveillance, office attendance monitoring, facial recognition of people of any age, and the number of people who came within the specified range of CCTV cameras are also known. If a person wearing a mask is seen under the camera, it alerts the specific authorities. If you want to find a specific person in the whole video, it can be easily found out.
Another amazing software is the Object Detection System. It is capable of identifying certain types of objects.
The company has been researching these softwares for more than two years. After that, they developed software and conducted experiments. At present, their face recognition software and vehicle tracking software are being used in several public and private places.
In 2016, Sigmind emerged as an enterprise company through Connecting Startup. In February of the following year, the organization received membership of the Nvidia Inception Program for the first time from Bangladesh. In 2017, they took place in the top 20 startups of the government’s Startup Bangladesh platform. The same year BASIS participated in the National ICT Awards and participated in APICTA. Sigmind from Bangladesh participated in the Startup Village held in Russia in 2018. In the same year, Sigmind started the Intelligent Traffic Management System as a pilot project on a highway in Maharashtra, India. The company placed in the top ten in the Startup Istanbul competition held in Turkey in 2019. They were at the top of the Bangladesh round in the latest International Entrepreneurship World Cup, the final of which was held in November 2019 in Riyadh where they won the top position.
One of the most popular startup competitions in the world is K-Startups, a joint venture between the Korean government, the Korean Ministry of Startups and the Ministry of SMEs, which is attended by thousands of organizations from around the world. This is the first time that Sigmind has got a chance in the main round from Bangladesh after being selected through various processes from their respective countries. Sixty teams from around the world have been selected and taken to Korea for a period of 3 months from where they are ranked through various types of competitions and companies presenting their respective systems. Contacts are also made with world-renowned Korean government and non-government organizations.
Managing Director Tanvir Tabassum Ovi and Chief Information Officer Mohsinul Bari Sakir are representing Sigmind in Bangladesh to participate in the K startup. They are demonstrating Sigmind’s technologies and their practical application there, working tirelessly on how companies in Korea can collaborate with them.
Tanvir and Saki recently signed a Memorandum of Understanding (MOU) on behalf of Sigmind with Parking Cloud (iParking/파킹클라우드), the Leading Intelligent parking solution related company. Sigmind and Parking Cloud will jointly work on artificial intelligence-based parking management solutions and seek to establish their own solutions on the world market. The Parking Cloud Company is affiliated with various Korean governmental and non-governmental organizations, including Starbucks and Emart.
Tanvir and Sakir will stay in Korea until December and may be extended for business purposes.
