Impact: Impact - for External Portal › Economic and commerce
Research on data compression produced novel algorithms that optimise the use of bandwidth and processing power. This research has led to the establishment of a product line that applies these algorithms to video surveillance software, marketed by Digital Barriers plc. Since 2008 this compression technology has allowed the company to grow from 8 to 41 staff and increase revenue from £800K to £6m. Understanding of this novel approach to data compression by ThinkAnalytics plc. led to the optimal design for data compression in their recommender system which is currently being deployed to 130m cable TV customers making this product the most deployed content recommendation system in the market.