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MarketScreener Homepage  >  Equities  >  Xetra  >  Artec technologies AG    A6T   DE0005209589

ARTEC TECHNOLOGIES AG

(A6T)
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artec technologies AG: Leading European media group opts for the XENTAURIX Cloud

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12/13/2017 | 06:09am EST

13.12.2017 / global, streaming media

+ Open cloud platform with cognitive engines for audio-visual data analysis

+ Customers benefit from in-depth analysis of their data and low costs

+ Artificial intelligence increasingly in demand in the media world

Diepholz/Bremen - 13. December 2017: artec technologies AG (ISIN DE0005209589), specialist for intelligent and user-defined applications in real-time audio-visual data processing and analysis, has gained another reference customer for its XENTAURIX cloud. With a multi-year framework agreement, the media group will use extensive applications of the XENTAURIX cloud from January onwards.

As a software-as-a-service (SaaS), the customer is provided with powerful computer programs to search, analyze, process and produce new audio-visual content. The infrastructure set up especially for the Group meets the high security requirements in a cloud operation and ensures compliance with national data protection guidelines.

'We are very pleased that we were able to win over another leading European media group for our XENTAURIX cloud services in the current year. Our patented technology makes it easier for our customers to make their daily editorial work more efficient and cost-effective, and to better analyze and monetise their data - the oil of the future', says artec CEO Thomas Hoffmann. In recent years, artec has consistently advanced the strengths and quality of its products and services in the media and broadcast industries and introduced further innovations to the market. Thanks to its many years of experience, the company has an important competitive advantage.

Customers use the XENTAURIX cloud platform to systematically evaluate their audiovisual information material from a wide variety of sources, including TV, radio, streaming services and social media. For this purpose, various cognitive analysis tools - so-called engines - are available to users, which will be expanded in the future by the use of deep learning and artificial intelligence programmes. These cognitive engines accelerate meaningful data collection that enables industry experts to stay competitive with real-time intelligence and powerful applications, both now and in the future.

In addition to its own artec engines, the platform is also open to third parties in order to offer customers maximum added value and the greatest possible flexibility from a data analysis. The XENTAURIX Cloud's current and future applications include: audience ratings and sentiment, audio and video fingerprinting analysis, face and object recognition, translation of a wide range of languages, and fake news recognition. Evaluations are retrieved where they are needed - from a laptop, tablet and cloud to any environment that meets the needs of a company.

Fake news detection: Social media platforms such as Facebook, Twitter and Instagram are increasingly being used to disseminate information. As a rule, these platforms are not monitored, the sources of information are not checked and thus the possibility is offered to spread untruths. This is a major challenge for professional news agencies and the media world as a whole. The message recognition engine (developed by University College London) enables the content of social media platforms to be validated against known reference sources.

About artec technologies AG
The listed company artec technologies AG (WKN 520958) from Diepholz (Germany) develops and produces innovative software and system solutions for the transmission, recording and evaluation of video, audio and metadata in networks and the Internet. Since 2000, customers have been using the product platforms MULTIEYE® for high definition video security solutions and XENTAURIX® for media & broadcast streaming and recording applications. artec offers its customers a complete service (project planning, commissioning, service & support) for standard products as well as special developments and cloud services. www.artec.de

Press and investor relations contact:

artec technologies AG
Fabian Lorenz
E-mail:
investor.relations@artec.de
Tel.: +49 5441 599516

artec technologies AG published this content on 13 December 2017 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 13 December 2017 11:08:16 UTC.

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Financials (EUR)
Sales 2019 3,69 M
EBIT 2019 0,04 M
Net income 2019 0,05 M
Finance 2019 1,03 M
Yield 2019 -
P/E ratio 2019 57,5x
P/E ratio 2020 9,86x
EV / Sales2019 2,14x
EV / Sales2020 1,31x
Capitalization 8,93 M
Chart ARTEC TECHNOLOGIES AG
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Mean consensus HOLD
Number of Analysts 3
Average target price 7,38  €
Last Close Price 3,45  €
Spread / Highest target 123%
Spread / Average Target 114%
Spread / Lowest Target 104%
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Managers
NameTitle
Thomas Hoffmann Chairman-Supervisory Board & CEO
Ingo Hoffmann Chief Technology Officer
Stefan Schütze Member-Supervisory Board
Tino Menge Member-Supervisory Board
Marco Müller Manager-Product Sales
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