Machine learning at the edge is quickly becoming an important tool to help organizations make better decisions in real-time. Edge Impulse is recognizing the importance of this technology and recently announced a $34M Series B funding round to bring machine learning at the edge to everyone.
In this article, we will be exploring what machine learning at the edge is and why it is so important.
Edge Impulse wants to bring machine learning at the edge to everyone, announces $34M Series B funding
Edge Impulse is a platform for creating, deploying and training machine learning models on endpoint devices. Edge Impulse supports all development platforms, ranging from low-end microcontrollers to powerful desktop platforms. Edge Impulse’s intuitive user interface allows you to quickly create training datasets and models, without requiring ML coding expertise. The platform also provides advanced features like auto-labeling and automated loop optimization.
Using data collected from on-device sensors and cloud compute, you can build and deploy machine learning models to the edge quickly and affordably. Edge Impulse enables complex real-time data processing at the edge device, making it possible to detect complex patterns with very small amounts of data. This makes it ideal for powering applications such as predictive maintenance, anomaly detection or voice commands recognition in low latency environments or where data security or privacy considerations are paramount.
Overview of Machine Learning at the Edge
Edge Impulse is a San Francisco based startup founded in 2018, that has made it their mission to democratize machine learning by taking it to the edge. By bringing machine learning technology at the edge, Edge Impulse allows companies of all sizes and any industry, to build solutions that can quickly respond to new data points and uncover insights.
Machine Learning at the edge (MLaE) combines artificial intelligence with other technologies such as Internet of Things (IoT) and sensor data streaming. Essentially, MLaE enables machines to act autonomously without requiring an internet connection or even access to cloud resources. MLaE is becoming increasingly important because it can provide real-time responses that would otherwise take too long when an internet connection is required.
With their goal of bringing MLaE to everyone, Edge Impulse recently announced a staggering $34 million in Series B funding led by Dawn Capital with participation from Airbus Ventures, Y Combinator Continuity Fund and Samsung Catalyst Fund in addition to a number investors already involved, such as Dell Technologies Capital, Major League Baseball Ventures (MLBVentues), LaunchCapital LLC and Techammer LLC.
Edge Impulse’s Series B Funding
Edge Impulse has recently announced its Series B funding, raising $34 million to make machine learning more accessible to developers.
This is an important milestone in bringing machine learning to the edges, as it will enable developers to quickly deploy advanced AI-powered models with lower latency and cost.
This section will explore the importance of machine learning at the edge and how the funding will enable Edge Impulse to unlock the potential of agile and affordable edge AI.
Overview of Series B Funding
Edge Impulse announced $34M in Series B investment led by Atomico, the venture capital firm founded by Skype’s Niklas Zennström, with participation from existing investors Lux Capital and Notion Capital. The proceeds will expand edge AI software adoption and enable further growth of the company’s vibrant edge AI developer community.
Edge Impulse facilitates the development, deployment and analysis of embedded machine learning models on nanosatellites, drones, autonomous vehicles and other devices at the network’s edges. Its software platform enables developers to easily deploy machine learning models to collect data from hundreds of thousands of devices in the field, detect anomalies and extract intelligence from their device fleets using natural language processing tools. The new funding allows Edge Impulse to make its leading Machine Learning Development Platform available for more use cases globally in the consumer electronics and industrial IoT applications.
In key strategic markets such as automotive, manufacturing, healthcare—and consumer electronics—Edge Impulse is enabling developers to quickly build applications that can detect certain objects or behaviors in longer-term endpoints connected or disconnected from internet networks supporting these vital technologies with hardware already in existence—across telecommunication services providers, home video systems and elsewhere.
The Series B funding builds on Edge Impulses’ Series A raise of $14 million led by Lux Capital in 2019. This round brings Edge Impulse’s total funding to date to slightly over $50 million; notable investors also include Azure founder Charles Wang (Xiant), Knapp Venture Fund (a fund associated with Google founders Sergey Brin and Larry Page) as well as Shoe Ventures (founded by former Alphabet/Google CFO Patrick Pichette).
Reasons for the Series B Funding
Edge Impulse is a platform that aim to make the process of building, training, and deploying machine learning applications at the edge –the local processing— as easy and accessible as possible. This Series B funding will support Edge Impulse’s mission to bring machine learning at the edge to everyone. It will further empower customers in industries such as manufacturing, healthcare, retail and transportation with all the tools they need to build and deploy AI-powered solutions more quickly.
The Series B funding will be used for investing in four key areas: Making sense of natural language through Edge Impulse’s embedded speech transcription solution; democratizing ML with an open development model; accelerating inference with native-code deployments; and expanding its eco-system with integrations and ready-made solutions.
In particular, this Series B funding will allow Edge Impulse to continue its mission to offer developers a simple open cloud platform for building their applications faster. The additional funds will aid in developing new features for customers such as advanced embedded support for natural language processing (NLP) capabilities integrated into their ML models for real-time low latency applications powering diagnostic decisions or predictive maintenance models in smart home settings or industrial contexts.
This funding announcement comes at a time when there is an increasing need from businesses across different industries to take advantage of Machine Learning technology–as it enables them to gain insights into customer behaviour patterns, predict future trends and make better business decisions overall. Through its easy-to-use platform, Edge Impulse seeks acknowledge these demands by helping companies of all sizes leverage ML capabilities quickly and cost efficiently -allowing them to stay ahead in today’s highly competitive markets.
Benefits of Machine Learning at the Edge
Machine learning at the edge provides huge advantages to embedded devices, as well as making embedded devices smarter and more efficient.
By using this technology, devices can identify patterns, detect anomalies, and make decisions without relying on cloud computing.
In this article, we’ll dive into the benefits of machine learning at the edge and discuss why it is becoming increasingly important in modern technology.
Machine learning at the edge has many benefits, an important one being improved performance of products and applications. Edge computing offers the ability to process data at the source and efficiently move information between devices and centralized cloud services. This reduced latency enables more sophisticated applications, allowing for faster data analysis close to where it is created. It also reduces the need for lengthy infrastructure setup, making development quicker and more cost-effective.
Additionally, data processing at the point-of-collection introduces more accuracy into predictive analytics models. More information can be captured in real-time from diverse sources such as geolocation, temperature and pressure sensors while reconciling against existing device profiles or other stored data sets. By leveraging machine learning at the edge, organizations are able to acquire complex insights that allow them to optimize their applications or products with greater accuracy than ever before.
A key advantage of deploying machine learning (ML) at the edge is that it enables devices to respond faster due to lower latency. The compute resources used for ML can be brought closer to the data itself, which allows for rapid analysis. By using machine learning at the edge, organizations can gain insights from sensing devices and process data generated from robots and autonomous vehicles with minimal delay.
The technology also provides greater control over when and where computation occurs, meaning you can more easily adjust the rate and response time of an action based on changing conditions. This is especially beneficial in time-sensitive applications like autonomous navigation, voice recognition and medical anomaly detection. With lower latency, ML algorithms can react more quickly, making decisions with greater accuracy and resilience.
Additionally, reduced latency provides an improved user experience since there’s less lag between when a user takes an action and when they receive a response. For example, a user seeing robotic patient care in real time or playing games where AI moves at the same speed as they do would be very rewarding experiences because of lowered latencies enabled by machine learning at the edge.
The edge computing capabilities of machine learning can offer important security benefits. As the technology becomes more widespread and is deployed in larger networks, it will become increasingly important to mitigate the risk of malicious attacks.
With machine learning algorithms at the edge, we can enhance our security posture by effectively managing data moving across a network. For example, edge-enabled data processing can allow for greater real-time monitoring and analysis of IoT devices, safeguarding against fraudulent activities or unknown actors manipulating network traffic.
Edge computing also allows deploying AI-enabled analytics software to look for anomalies along the way and alert relevant personnel before any threats become large enough to cause major damage. In addition, machine learning models running at the edge can help identify suspicious behaviors quickly, potentially thwarting attacks before they become more significant issues later.
By leveraging this technology at the edge of corporate networks we are giving our companies an extra layer of protection from malicious agents looking to exploit vulnerabilities in their systems.
Challenges of Machine Learning at the Edge
Machine Learning at the Edge involves collecting data from different sources, analysing it in real-time, and taking appropriate actions based on the findings. It is an exciting technology, but it also comes with certain challenges.
These, include data reliability, algorithm scalability, availability of compute and storage resources, and privacy and security issues.
In this article, we’ll go through some of the challenges of Machine Learning at the Edge.
The edge deployment of machine learning, while having many advantages, can present certain challenges due to the hardware limitations. Edge devices tend to be smaller and more portable than traditional computers, so they must use processors with lower power consumption and cooler temperatures. This limits their processing power compared to larger machines that may have more cores or cores with higher clock speeds.
Additionally, these devices may not have access to larger volumes of data, so they must use specialized algorithms and techniques tailored for the limited information available.
Aside from these hardware limitations, other challenges exist in an edge-based machine learning system. These challenges include maintaining consistent accuracy for limited data sets; creating fail-safe systems since there is less redundancy; providing reliable connectivity; and managing device and data security. All of these factors must be considered to ensure the successful deployment of a machine learning system at the edge.
Data Collection and Labeling
Data is the most important factor in training and performing any machine learning algorithms. The data should be collected from the relevant source for a specific task and labeled to make it amenable to analysis. Without a properly labeled data set, it is difficult for any machine learning algorithm to learn.
Furthermore, as data collection and labeling activities are varied and dynamic in edge computing due to its distributed nature, heterogeneous sensor types, and devices, it has become even more difficult. For instance, different IoT devices produce different types of raw data which have vast heterogeneity ranging from image files of vehicles that need to be labeled as per the traffic police guidelines. These audio files need to be converted into text format because of speech recognition. This can lead to incorrect training with the wrong labels or errors in predictive models which could lead to inefficient performance of model deployment at the edge.
Also having enough representative samples which can be generalizable across different environment is essential, but unfortunately gathering representative datasets at all sites might require massive engineering efforts; as such collecting enough relevant dataset becomes a critical challenge while developing machine learning algorithms at the edge.
Developing algorithms to run machine learning at the edge requires design consideration across multiple axes, such as computational complexity, memory footprint, accuracy, and latency. In terms of computational resources and memory management for algorithm development, there are three main objectives:
1) Reduce algorithm processing time;
2) Meet accuracy thresholds through optimized resource usage; and
3) Provide the ability to continually refine algorithmic models.
The system can be evaluated in terms of its accuracy and computation needs based on several factors including its reference datasets size (i.e.,the larger the dataset, the more data points need to be tested by an algorithm instead of just using outlier detection techniques); type of layers used (i.e., the deeper networks are more computationally expensive due to their complexity); optimization techniques such as hyperparameter optimization and feature selection; etc.
In addition, developers must also consider energy consumption related to mobile devices due to their limited power capacity compared with cloud computing systems. This calls for power efficiency considerations when selecting or engineering algorithms for edge devices – from fully-connected layers with kernel size reduction techniques totting back propagation adjustment – resulting in a balance between precision and power consumption. This implication is further heightened when considering battery drain from AI inference running in always-on scenarios on wearable or IoT edge platforms.
In conclusion, this funding round is great news for Edge Impulse and developers worldwide. It emphasizes the importance of machine learning at the edge, making it a crucial part of the Internet of Things. As technology evolves, machine learning at the edge will be critical for businesses and individuals alike.
By making machine learning accessible and affordable, Edge Impulse is set to make a major impact in the field of connected devices and machine learning.
tags = Edge Impulse, bring machine learning, announces $34M Series B funding, 55.000 projects, 30.000 developers, Coatue, edge impulse series coatue 234m 54manadiotiszdnet, launch in 2019, including the likes of NASA