NtechLab, a developer of software for face recognition and intelligent video analytics, won the first G20 Innovation League international startup competition. The competition was organized by the G20 group.

According to Rostec's website, at the first stage of the competition, the most promising startups were nominated by each of the G20 countries. In the second stage, one hundred startups that made it to the finals were evaluated by international venture investors and technology corporations according to their financial results, the uniqueness of the product, the competence of the team and the correspondence of the solutions offered to the challenges of today.

Russian company NtechLab's facial recognition algorithm was recognized as the best in the world

"NtechLab's victory confirms our company's status as one of the world leaders in creating such systems. Video analytics is already used in almost all industries, from industry to retail, and helps society and business in timely responding to incidents and making long-term strategic decisions," said Andrey Telenkov, CEO of NtechLab.

Made in Russia / Made in Russia

Author: Ksenia Gustova