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Evolve Media

USA, Louisiana
Market: Information and media, Artificial Intelligence
Stage of the project: Prototype or product is ready

Date of last change: 26.08.2024
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Idea

A patented media AI platform that uses proprietary algorithms and tools to aggregate any type of media content (videos/photos) from multiple unlinked devices that creates a single story in minutes!

Current Status

Our MVP is complete with continual enhancements ongoing. We expect to go to market in the next 60days. The sports and entertainment sectors will be our gateway to the consumer market. Use cases span real time military intelligence and corporate branding to artistic collaboration at entertainment venues. We have already gained traction with the military and entertainment business in music, football and gymnastics.

Problem or Opportunity

Media sources are expected to more than double to 175 Zettabytes by 2025 therefore making it nearly impossible to identify, process and create a customized media insight or story on a timely basis. Manual editing based on today’s volume of media sources is a minimal 1 to 2 hour process to edit a 1 minute video, and finding the best shots for a complete story is nearly impossible. The sheer volume of data creates much human error.

Solution (product or service)

Evolve solves this problem by automating content aggregation and processing into information, insights and art in minutes. Evolve is Apple Memories, Snapchat and Google on steroids! Your device is only able to create “memories” or videos with the content from one device.

Business model

Evolve is a monetized business through subscriptions and institutional channels with an initial target focus in sports, entertainment and government. Break even after 18 months. Revenues are based on three types of fees: $6.99 monthly subscription fee; $50K per enterprise/institution annual license fee, and $15K set up fee for on-boarding and custom projects. The military, sports and entertainment sectors will be our gateway to the consumer market.

Incubation/Acceleration programs accomplishment

New Chip Accelerator
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