Raul Diaz joins Ittiam as Senior Vice President of the new Computer Vision and Machine Learning Group

Raul Diaz joins Ittiam as Senior Vice President of the new Computer Vision and Machine Learning Group

October 5, 2015

Santa Clara, California – October 5, 2015Ittiam Systems announced today that Raul Diaz, previously CEO of Vanguard Video, has joined Ittiam in a newly created position as a senior vice president and member of its executive team, reporting directly to Chairman and CEO, Srini Rajam.

Raul Diaz will have oversight and responsibility for building a new business unit to develop state-of-the-art technology for computer vision and machine learning algorithms focusing on cloud-scalable video analytics for automated operations optimization and security analysis.

Ittiam is leveraging its strength in video processing technology, expanding its capabilities to enable computing devices to use video to “see” the world around them. Through this new group, Ittiam is able to convert the observable world into a stream of actionable data that computers can analyze yielding structured information, which human beings can use to make decisions. To that end, Ittiam already has a major beverages and food industry company evaluating its technology in an important real-world situation.

“I am very excited that Raul Diaz has joined our team,” said Srini Rajam, Chairman and CEO of Ittiam. “Raul has built and led large, successful business teams in both private and publicly traded companies, making him ideally suited to assist Ittiam in its plans to expand into this exciting and fast-growing new industry, leveraging our deep expertise in video processing and video management to create new video analytics products and services.”

“I am honored to join Ittiam in this new endeavor, and I look forward to an exciting and fast-paced process building this team and this business,” said Raul Diaz. “Ittiam is driven by a culture of innovation and excellence that will be crucial to success in the rapidly growing new industries of computer vision and machine learning, and it will be a great pleasure to work together with the Ittiam team on this venture.”

In addition to technical and business success in the video industry, Raul Diaz has experience in the security industry, having worked with government agencies, banks, entertainment parks, major companies and retailers on secure transactions and access control. He has patents in video compression, network optimization and secure transactions, as well as computer vision and machine learning.

The formation of the new computer vision and machine learning group is central to Ittiam’s strategy to participate in the revolutionary new industries enabled by artificial intelligence technologies, coupling them together with Ittiam’s deep-rooted knowledge of video technology, to create innovative products addressing a broad range of industries.

About Ittiam Systems:

Ittiam Systems is a global technology company with deep R&D driven solutions for media creation, management and consumption, ittiam provides advanced media codecs, software development platforms, systems and workflows for embedded and online applications. Its solutions are at the heart of tens of millions of lifestyle products that drive mobility, content access, networking and sharing.

For further details, please contact:

Samir Dhond