Remark Holdings Collaborates with Google Public Sector to Accelerate Computer Vision AI Innovation in New York State
Remark Holdings (OTC PINK:MARK) has announced a strategic collaboration with Google Public Sector to implement its computer vision AI technology across New York State's public sector projects. The partnership is part of a two-year Enterprise Cloud Services Agreement between Google Public Sector and the New York State Office of Information Technology Services (ITS).
The collaboration aims to modernize government operations by integrating Remark's AI technology into various state agencies, focusing on infrastructure monitoring, public safety, and healthcare delivery. The partnership will enhance visual data processing capabilities, streamline workflows, and improve decision-making processes while connecting disparate systems to increase efficiency and reduce costs.
Remark Holdings (OTC PINK:MARK) ha annunciato una collaborazione strategica con Google Public Sector per implementare la sua tecnologia di intelligenza artificiale per la visione computerizzata nei progetti del settore pubblico dello Stato di New York. La partnership fa parte di un accordo biennale sui servizi cloud aziendali tra Google Public Sector e l'Ufficio per i Servizi Informatici dello Stato di New York (ITS).
La collaborazione mira a modernizzare le operazioni governative integrando la tecnologia AI di Remark in diverse agenzie statali, con un focus sul monitoraggio delle infrastrutture, la sicurezza pubblica e l'erogazione dei servizi sanitari. La partnership migliorerà le capacità di elaborazione dei dati visivi, ottimizzerà i flussi di lavoro e favorirà processi decisionali più efficaci, collegando sistemi disparati per aumentare l'efficienza e ridurre i costi.
Remark Holdings (OTC PINK:MARK) ha anunciado una colaboración estratégica con Google Public Sector para implementar su tecnología de inteligencia artificial en visión por computadora en los proyectos del sector público del Estado de Nueva York. La asociación forma parte de un acuerdo de Servicios en la Nube Empresariales de dos años entre Google Public Sector y la Oficina de Servicios de Tecnología de la Información del Estado de Nueva York (ITS).
La colaboración tiene como objetivo modernizar las operaciones gubernamentales integrando la tecnología de IA de Remark en varias agencias estatales, centrándose en el monitoreo de infraestructuras, la seguridad pública y la prestación de servicios de salud. La asociación mejorará las capacidades de procesamiento de datos visuales, agilizará los flujos de trabajo y mejorará los procesos de toma de decisiones, conectando sistemas dispares para aumentar la eficiencia y reducir costos.
Remark Holdings(OTC PINK:MARK)는 Google Public Sector와 전략적 협력을 발표하여 뉴욕 주 공공 부문 프로젝트에 컴퓨터 비전 AI 기술을 도입합니다. 이 파트너십은 Google Public Sector와 뉴욕 주 정보기술서비스국(ITS) 간의 2년간 기업 클라우드 서비스 계약의 일환입니다.
이번 협력은 Remark의 AI 기술을 다양한 주 정부 기관에 통합하여 인프라 모니터링, 공공 안전 및 의료 서비스 제공에 중점을 두고 정부 운영을 현대화하는 것을 목표로 합니다. 이 파트너십은 시각 데이터 처리 능력을 향상시키고, 업무 흐름을 간소화하며, 의사 결정 과정을 개선하는 동시에 서로 다른 시스템을 연결하여 효율성을 높이고 비용을 절감할 것입니다.
Remark Holdings (OTC PINK:MARK) a annoncé une collaboration stratégique avec Google Public Sector pour déployer sa technologie d'intelligence artificielle en vision par ordinateur dans les projets du secteur public de l'État de New York. Ce partenariat s'inscrit dans le cadre d'un accord de services cloud d'entreprise de deux ans entre Google Public Sector et le Bureau des services informatiques de l'État de New York (ITS).
Cette collaboration vise à moderniser les opérations gouvernementales en intégrant la technologie IA de Remark dans diverses agences étatiques, en mettant l'accent sur la surveillance des infrastructures, la sécurité publique et la prestation des soins de santé. Le partenariat améliorera les capacités de traitement des données visuelles, rationalisera les flux de travail et optimisera les processus décisionnels tout en connectant des systèmes disparates pour accroître l'efficacité et réduire les coûts.
Remark Holdings (OTC PINK:MARK) hat eine strategische Zusammenarbeit mit Google Public Sector bekannt gegeben, um seine KI-Technologie für Computer Vision in öffentlichen Projekten des Bundesstaates New York einzusetzen. Die Partnerschaft ist Teil eines zweijährigen Enterprise-Cloud-Service-Vertrags zwischen Google Public Sector und dem Office of Information Technology Services (ITS) des Bundesstaates New York.
Die Zusammenarbeit zielt darauf ab, Regierungsabläufe zu modernisieren, indem Remarks KI-Technologie in verschiedenen staatlichen Behörden integriert wird, mit Fokus auf Infrastrukturüberwachung, öffentliche Sicherheit und Gesundheitsversorgung. Die Partnerschaft wird die Verarbeitung visueller Daten verbessern, Arbeitsabläufe optimieren und Entscheidungsprozesse verbessern, während unterschiedliche Systeme vernetzt werden, um Effizienz zu steigern und Kosten zu senken.
- Strategic partnership with Google Public Sector enhances market presence and credibility
- Two-year Enterprise Cloud Services Agreement provides steady revenue stream
- Expansion into New York State public sector opens significant market opportunities
- Integration with government systems creates potential for long-term recurring revenue
- No specific financial terms or revenue projections disclosed
- Operating on OTC Pink market may limit institutional investment potential
NEW YORK CITY, NY / ACCESS Newswire / May 16, 2025 / Remark Holdings, Inc. (OTC PINK:MARK), a leading provider of AI-powered computer vision analytics, smart city, and smart agent solutions is proud to announce that Google Public Sector has selected our advanced computer-vision AI technology to power key public sector projects across New York. This collaboration is part of Google Public Sector's broader initiative to modernize government operations, enhance service delivery, and drive digital transformation across the state.
Through a landmark two-year Enterprise Cloud Services Agreement with the New York State Office of Information Technology Services (ITS), Google Public Sector is providing state agencies with secure access to cutting-edge cloud and AI tools-including Remark's computer vision AI-to support data analytics, disaster recovery, and operational efficiency. By integrating our technology, Google Public Sector is enabling state employees to automate information retrieval, streamline workflows, and improve decision-making in critical areas such as infrastructure monitoring, public safety, and healthcare delivery.
This partnership will:
Enhance the state's ability to process and analyze visual data from diverse sources, improving response times and service quality.
Support ongoing efforts to connect and integrate disparate systems, increasing efficiency and reducing costs.
Provide training and support to ensure agencies maximize the benefits of AI-driven solutions.
"By combining our computer vision AI with Google Public Sector's scale and reach, we are setting a new standard for how technology can transform public sector services - turning complex visual data into actionable insights for the people of New York State." said Kai-Shing Tao, Chairman and CEO of Remark Holdings, Inc.
About Remark Holdings, Inc.
Remark Holdings, Inc. (OTC: MARK) is a leading AI-powered analytics platform that brings valuable insights to the video feeds provided by current cameras and computer vision solutions through its integrated suite of AI tools that provide real-time alerts for fire, smoke, and weapons detection and smart city CCTV video security solutions while hosting AI-powered agents through smart chat 311 Services, as well as helping organizations understand their customer behavior and demographics through smart retail and traffic analytics. Remark's global team of sector-experienced professionals has created award-winning GDPR-compliant and CCPA-compliant video analytics solutions that service the aviation, government agencies, hospitality, public safety, retail, and transportation sectors. The company's headquarters are in Las Vegas, Nevada, USA, with operational offices in New York and international offices in London, England. For more information, please visit our home page at www.remarkholdings.com
Forward-Looking Statements
This press release may contain forward-looking statements, including information relating to future events, future financial performance, strategies, expectations, competitive environment, and regulations. Words such as "may," "should," "could," "would," "predicts," "potential," "continue," "expects," "anticipates," "future," "intends," "plans," "believes," "estimates," and similar expressions, as well as statements in the future tense, identify forward-looking statements. These statements involve known and unknown risks, uncertainties, and other factors, including those discussed in Part I, Item 1A. Risk Factors in Remark Holdings' Annual Report on Form 10-K and Remark Holdings' other filings with the SEC. Any forward-looking statements reflect Remark Holdings' current views with respect to future events, are based on assumptions, and are subject to risks and uncertainties. Given such uncertainties, you should not place undue reliance on any forward-looking statements, which represent Remark Holdings' estimates and assumptions only as of the date hereof. Except as required by law, Remark Holdings undertakes no obligation to update or revise publicly any forward-looking statements after the date hereof, whether as a result of new information, future events or otherwise.
Company Contact
Fay Tian
Vice President of Investor Relations
Remark Holdings
F.Tian@remarkholdings.com
(+1) 626-623-2000
SOURCE: Remark Holdings, Inc.
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