Axis Communications has received the prestigious Wall Street Journal Technology Innovation Award, in the juried competition's Physical Security category, for the company's Lightfinder technology. The awarded technology enables outstanding performance in network cameras during difficult lighting conditions, specifically low light.
According to Axis, the Lightfinder technology enables network cameras to see detail and color, even in dark conditions. Colors can be maintained at night with no need for artificial lighting. Axis launched the technology globally in 2011. Lightfinder was cited as "a revolutionary improvement for video surveillance cameras" and was the only winner in the award competition's Physical Security category.
In a Wall Street Journal interview, William Webb, chief technology officer of Neul Ltd. and an Innovation Awards judge, said that Axis "put together a few different ideas" to put more intelligence into how the camera works -- "ideas that stuck out," he added. Other awards that Axis received for its Lightfinder technology include the Private Security Award (2012), ASIS Accolades (2011), and GSN Awards (2011).
A total of 536 applications from 24 countries were submitted to The Wall Street Journal Technology Innovation Awards competition in 2012. A team of editors and reporters reviewed applications and forwarded the 172 most promising entries to an independent panel of judges from venture-capital firms, universities, and companies. From that pool, the judges chose 37 winners and runners-up in 18 categories.
“We’re delighted and honored to get this award,” comments Ray Mauritsson, president and CEO at Axis Communications. “It verifies our strength as an innovative company and proves that Axis is a driving force in network video.”