Object Recognition Software

Object Recognition Software

Do you know the difference between cat and cactus ? There are chances that you may or your team may , but this is not the most efficient way you utilise your time . That is where object recognition technology  are acting as a time saver for many business organisation . It can also facilitate add on functionality for your customer , specially when you are dealing in app which is concern about image categorisation and content management .\

What Is Object Recognition ? 

In simple words , we can define object recognition as technology which has capability to recognise objects in picture or videos with the help of AI software . If you have ever used Google Lens or have used Google Photos in your mobile phone , then tan tana… !! You are already familiar with object recognition .
Right from identification of cover of book to identification of plans in wild , object recognition technology has come a long way . 
As it is new technology , many business owners really did not know how this technology exactly works and hence had made an assumption that the access to this technology is only possible by heavily investing on this technology . However this is not the case with object recognition . In fact it has tools which can easily be incorporated by even small and mid sized business in their software .
These tools facilities identification of single or multiple objects in photoset or image . Although Facial recognition is also one type of object recognition technology , but is always treated separately due to its complexity in nature and legal concerns .

How Does Object Recognition Work ? 

Before proceeding with how object recognition works , let’s quickly look at the difference between object detection and object recognition . Object detection is concern about locating object in image , wherein object recognition is being used to identify object in given image .

Object recognition is being used to find out more specific categories of objects , such as dog or cat . In some cases , object recognition can even be performed without using AI technology . In those cases template matching or image segmentation is being used to recognise objects .

Even more advance object recognition can be done by following one of the two approaches : machine learning and deep learning , both of the technology have their own pros and cons .

Also Read : What Is Machine Learning & Its Applications ? 

Machine Learning 

We can define machine learning is training of software to perform certain activity , as in this case recognition objects in photo . You have to provide software set of images and then list feature which can later be used in recognition of object .
Major advantage of machine learning is it necessarily does not require large datasets or computing power , and hence cost of software development is always low .
Disadvantage of this technology is it require more efforts of your team to set up completely . If you have inserted limited photos to include in your trading sets , then your software might not able to identify with accuracy as it has not access to broader set of images .

Deep Learning 

Deep learning has ability to adapt Manny different functions or activity , but at the same time it requires large data sets , substantial hardware as well as more computation power .  In this approach software has ability to train itself using artificial neural network .
In this images are simply to be labeled as ” Cat ” or ” No Cat ” , and then there will be no extra efforts to be put to train software to distinguish cat .
The downside of this approach is it requires massive datasets which may even contain millions of images which might not be easily accessible for smaller companies to access those information .

Why There Is A Need For Object Recognition Software ? 

Object recognition can actively be used in various industry to cater their needs for identification of objects and theory reducing human interaction and time . Human may or may not sort and analyse images at the speed that a well trained algorithm can .
Software also has capability of identifying objects that can’t be even be seen by humans . Object recognition software are also able to detect patterns . As a human being we can get tired of viewing same pattern again and again , while on the other hand software won’t . They have the ability to view more images in a year than human in their entire lifetime . 

Where To Find Vendor Solution ? 

As in case of any other software development , in object recognition also you necessarily need not to start finding solutions right from scratch . If you are not expertise in handling this technology or don’t have access to datasets , you can use TenserFlow Object Detection API from Google .
Apple also offers machine learning API which is called Core ML , which can actively be used to run object recognition model on iOS device or in cloud as well .

Hire Software Development Company For Your Object Recognition Software 

If your team does not have any previous experience with artificial intelligence , then it will be quite hard to crack machine learning  . That is why it is important to hire right software development team who have deep experience in handing variety of object recognition tools . Whether you are looking to create solution right from scratch or want pre-trained mobile app to fit for your purpose , Winklix can help you to find perfect solution for your need .

Cost Of Developing eLearning App Like BYJU’s

Cost Of Developing eLearning App Like BYJU's

About BYJU’S

BJJU’S offers mobile learning technology for students preparing for CAT , Civil Service Examination , GMAT , GRE and school education . Startup has been emerging in market since 2008 which is subsidiary brand of Think and Learn Pvt Ltd . BYJU’S has expanded its branches in over 8 states in India and has also won many awards including Deloitte Technology Fast 50 awards .
Due to its innovative in nature , BYJU’S has also managed to get funded by founder of Facebook Mark Zuckerberg foundation Chan-Zuckerberg initiative as well as from various other investment firms such as Aarin Capital and Sequoia Venture Capital India .  BJYU’S facilitates online interactive learning for iOS and Android which has influenced thousands of entrepreneur to step into mobile based eLearning app world .
Winklix is leading mobile app development company facilitating education app development as well as virtual classroom app development .

Cost Of Developing eLearning App Like BYJU’S ?

Byju’s contains large set of features enabled in their apps to keep them rocking . It facilitates students to test themselves in timely manner . At the same time parents can also get track record of their child performance and can work on improving their child performance on the basis of results which is easily trackable by mobile app only .
The cost of developing app like Byju’s hence depends on the set of features you want at initial level for your minimum viable product to launch in marketplace. It is quite obvious that nobody is going to wait for an year to build all set of features as in Byju’s which has grown over time and then launch their app .
Cost mainly compromise of two things : Firstly the platform you are choosing for launching your mobile app , ie Android or iOS , Secondly the sets of features ( video lessons , test , subscription model , chat windows and so one )  you are willing to integrate in your mobile app . Sometime the location of the developers as well as expertise levels also contributes to cost of development .
In general if you are looking for app development like BYJU’s with all the features as it has now implemented in their app , then it may cost somewhere around $ 25000 – $ 35000 and will take around 6-8 months to develop the same .

Features Of BYJU’s Learning App 

  • Easy registration / login 
  • Interactive classes for different streams by video as well as live Classes 
  • MCQ and test to get real time insights of how well students are prepared for their upcoming exams and showcasing analytics to parents on the basis of test undertaken by students 
  • Easy to subscribe option to opt for required courses 
  • Real time chat system to support on courses and fees etc 
  • Many other minor features 

Factors That Contributes To Cost Of Development 

When anyone think of developing an app like Byju’s , the very first question that comes in everybody mind is how much is actual capital required at initial level for development of app  . Let’s look at some of the key parameters that contributes towards cost of development of mobile app .

App Platform 

The app cost majorly consist of platform you choose , ie Android and iOS . As in case of any other app , iOS app always cost cheaper in comparison to android app development . But Android app audience are larger in number , so always choose your platform accordingly .

App Design 

Design , Design , Design !! Design is what it all matters to attract any kind of audience in any mobile application development .The good UI & UX design is key to success for any app development strategy . Awesome design attracts users , keep them engaged within your app and will provide you long term return on investment .

App Features 

App features means total number of features and functionalities you are going to implement in version 1 of your mobile app . If you are limited on your budget , then try to limit your functionality to build minimum viable product  .
Also Red : I Have An App Idea But Don’t Know Where To Start ? 

App Developers 

App developers who generally have vast experience in e-learning app development will more likely to charge you more as they have experience to well cater your needs .

Mobile Wallet 

Integrating mobile wallet eliminates need of payment hassles and hence enrich your customer experience .

Conclusion 

In general there is no definite answer of how much does it actually going to cost for mobile app development . The cost inn general totally depends on the set of specific features as required by you at initial stage for your product launch phase . Get connected with mobile app developers now to discuss your requirement in details and get detailed overview of the cost and capital required for app development like Byju’s .

How Can Market Moving News Curate Your Bitcoin Trading?

How Can Market Moving News Curate Your Bitcoin Trading?

In April 2013, someone sent a fake tweet purporting that the White House was going to get attacked. The fake tweet sent the Dow Jones 150 points in under 2 minutes. The same tweet caused a lot of disruption in worldwide trading as people anticipated the worst. 

While it later emerged that the tweet was fake and everything went back to normal, it highlighted the tremendous influence which News and Social Media have on both forex and bitcoin trading. Seven years since the infamous tweet, the market moving news had an even bigger impact owing to the overreliance on social media for news. 

If you are into cryptocurrency trading, you will know how much social media drives cryptocurrencies for users and brands. There has also been increased coverage of cryptocurrencies on mainstream media which means more resources for traders looking for insights.

If you follow some credible mainstream media that rampantly spreading cryptocurrency news, you most probably have a great arsenal that you can use to improve your trading.

Read on to find out how you can curate your Bitcoin trading by taking advantage of market-moving news.

Why Access To Market Moving News Is Critical In Bitcoin Trading 

For starters, what is market-moving news? 

Market moving information is any piece of news or information that can influence an individual’s decision to buy or sell. The market-moving news includes everything from political implementations with a direct impact on the economy, financial eventualities like inflation to events like Bitcoin halving.

Access to market-moving news will make your market analysis much easier and more accurate. You will make accurate predictions and increase your chances of reaping off your trades. With access to real-time market-moving news, you will always be ahead of the game and make better decisions in your trades. 

On the other hand, if you have no access to information, you will always be caught by surprise. This is counterproductive and can lead to money loss or even bankruptcy. Therefore, you should strive to get access to market-moving information as soon as it breaks.

But how do you get access to this information? How can you use this information to improve your trading? Read on to find out. 

How To Get Access to Cryptocurrency Trading Market Moving 

Curate Your Social Media Platforms

Social media platforms are fulfilled with information on trading. As FXPro’s Angus Campbell put it, social media platforms like Twitter and Facebook contain information that influences traders’ decisions. Mr. Angus noted that tweets and social media posts reach millions in nanoseconds which is vital in the world of trading. 

In fact, most cryptocurrency trading professionals believe that social media plays a vital role in trading. As a budding trader, you have to heed the professionals’ call and curate your Twitter and other platforms to give you market-moving information. 

Follow, thought leaders in Bitcoin on Twitter, join Bitcoin Pages and Groups on Facebook and turn on notifications to get information as soon as it is posted. You can also follow relevant pages on Instagram and join Telegram channels which churn out important updates on Bitcoin. 

With every social media page curated towards BTC trading, you will never miss out on important updates.

Mainstream Media Is Very Resourceful 

In addition to large social media platforms, you should keep your eye open for updates from mainstream news. Mainstream media are the platforms with a lot of governmental breaking news which can potentially affect the performance of trading markets. 

It is imperative to still follow mainstream news especially business news as you can get important signals from these channels. Follow their accounts on social media, install their apps on your phone, and always check their notifications. You never know which information will change your trading fortunes. 

Not All Information Calls For Action

While it is nice to get as much information as possible, it is crucial to learn to distinguish which information deserves your attention and which news shouldn’t affect you. The ability to filter through the news and choose the right piece of information is a must if you want to make the right trading decisions.  It is something that differentiates great traders from the average ones.

Mind that there are a lot of fake news peddlers about Bitcoin online.  If you are not careful, you can easily find yourself at the mercy of scammers. You should, therefore, get news from verified and trusted sources only.

Double-check the news before you proceed to make a financial commitment in your trade. Spend some time to counter-check with more than one source before even thinking about making a trading decision. This will reduce your chances of falling for scams.

The ability to filter through credible sources information comes with time and experience. The more you put market-moving news to use in your trading, the more you learn which news is worth following and which to avoid at all costs.

Conclusion

A lot of information and resources on Bitcoin trading are free for access. It really is up to you to use the information for your benefit or not. Curate the news that you receive and use it to make a living from Bitcoin trading. Use our guide above and make the most out of the freely available news and resources on BTC trading.

Cryptocurrencies are the future of trading. The sooner you acquaint yourself with knowledge on how to trade, the better it will be for you. Always strive to be ahead of the game when it comes to matters trading and learning to use market-moving news in the best way to always step with the times.

Are you looking for Blockchain app development , feel free to reach us .