Thales and Neural Labs to enhance smart city and intelligent transportation solutions
In a significant development for Smart Cities and Intelligent Transportation Systems (ITS), Thales, a global leader in Software Monetization and Licensing, has broadened its collaboration with Neural Labs, a pioneer in AI-based video analysis for urban management and transportation efficiency. This expansion leverages Thales’s Sentinel platform to bolster Neural Labs’ capabilities in vehicle access control and logistical planning, marking a milestone in the companies’ two-decade-long partnership.
The alliance between Thales and Neural Labs originated over twenty years ago, focusing on software protection through Thales’s Sentinel. As the digital landscape transformed, Neural Labs embraced Thales Sentinel Cloud Licensing to streamline its Software as a Service (SaaS) offerings. This shift not only signifies the progression towards cloud-based solutions but also emphasizes the dynamic nature of the partnership, adapting to the evolving needs of the market and technology.
The collaboration has yielded substantial benefits for Neural Labs, including a near 25% revenue increase over the past three years. This financial success is attributed to the reduction of unauthorized software use, thanks to Thales Sentinel’s effective licensing management. The partnership’s latest phase allows Neural Labs to maximize SaaS capabilities, deploying and updating licenses globally, facilitating the company’s expansion and addressing the challenges of an interconnected world.
Elias Varcarcel, CEO of Neural Labs, praised the enduring relationship with Thales, highlighting the importance of software protection and the ability to leverage cloud opportunities. Damien Bullot, Vice President of Software Monetization at Thales, reciprocated this sentiment, emphasizing their pride in supporting Neural Labs’ mission towards safer, smarter, and more efficient urban and transportation networks.
The enhanced partnership between Thales and Neural Labs is a testament to the importance of adaptability and trust in long-term business relationships. As both companies look towards a future of full digital transformation, their continued collaboration is set to drive further innovations in Smart City and ITS solutions, underpinning the global move towards more connected and intelligent urban environments.