We collect cookies to analyze our website traffic and performance; we never collect any personal data. Cookie Policy
Accept
The Tycoon Herald
  • Trending
  • World
  • Politics
  • Business
    • Business
    • Economy
    • Real Estate
    • Money
    • Crypto / NFT
  • Innovation
  • Lifestyle
    • Lifestyle
    • Food
    • Travel
    • Fashion
    • Leadership
  • Health
  • Sports
  • Entertainment
Reading: Consumer Neuroscience Firms Smart Eye And IMotions Combine
Sign In
The Tycoon HeraldThe Tycoon Herald
Font ResizerAa
Search
  • Trending
  • World
  • Politics
  • Business
    • Business
    • Economy
    • Real Estate
    • Money
    • Crypto / NFT
  • Innovation
  • Lifestyle
    • Lifestyle
    • Food
    • Travel
    • Fashion
    • Leadership
  • Health
  • Sports
  • Entertainment
Have an existing account? Sign In
Follow US
© Tycoon Herald. All Rights Reserved.
Consumer Neuroscience Firms Smart Eye And IMotions Combine
The Tycoon Herald > Business > Consumer Neuroscience Firms Smart Eye And IMotions Combine
BusinessLeadership

Consumer Neuroscience Firms Smart Eye And IMotions Combine

Tycoon Herald
By Tycoon Herald 5 Min Read
Share
SHARE

Smart Eye, a provider of behavior insight solutions, has acquired iMotions Global, creators of a software platform that collects and analyzes data from biometric sensors. The combination will create a company with a global footprint and broad capabilities in measuring and analyzing human behavior.

Contents
Automotive Applications Drive Behavior TechnologyiMotions: Lab Testing and BeyondNot fringe science

Driver monitoring systems can help prevent accidents caused by distracted or drowsy drivers.

getty

Automotive Applications Drive Behavior Technology

Consumer neuroscience, commonly called neuromarketing, was initially oriented to predicting the performance of advertising or other content. Despite the “neuro” labeling, the field encompasses a variety of data collection methods not based on neuroscience: facial expression analysis, eye tracking, biometric data such as heart rates and others.

The automotive market now appears to be a much more important application for these techniques. Measuring driver attention and emotional state, for example, could dramatically improve vehicle safety. In 2019, 2.7 million people were injured in U.S. traffic accidents. Deaths exceeded 36,000. More than a third of the deaths were attributed to distracted, drowsy, or drunk drivers.

Smart Eye, founded in 1999, has been a leader in eye tracking technology with an emphasis on driver monitoring systems. In our recent interview, CEO Martin Krantz explained that for more than a decade the company has focused on taking lab-based technology and adapting it for the automobile environment. After seatbelts in the 1960s and airbags in the 1990s, driver monitoring systems could be the next big leap in automotive safety, Krantz says.

Recommended For You

Smart Eye recently acquired Affectiva, a provider of facial coding technology they call “emotion AI.” Facial coding is a technique that measures a person’s emotional state by analyzing small and often fleeting changes in expression. The combination of both eye tracking and facial coding could allow even more effective safety solutions.

Beyond accident prevention, in-vehicle sensing systems could also help mobility providers detect the emotional state of riders to improve customer experience. Another application could detect a child left behind in a vehicle, the cause of a small but tragic number of fatalities each year.

iMotions: Lab Testing and Beyond

Historically, iMotions has developed software to analyze a variety of biosensor inputs. These include galvanic skin response, eye tracking, respiration, EEG brain wave measurement and others. Academic and commercial users conduct studies in a lab setting to analyze responses to whatever their research needs dictate. This could include advertising, psychology experiments, video content, and more.

Asked about creating an inexpensive testing system using mobile devices or other non-lab gear, iMotions CEO Peter Hartzbech sees eye tracking and facial expression analysis as being the most likely methods for such a service.

Another possibile directioin is evaluating audience response to conference speakers and trainers. Hartzbech says they have already created a combination of beacons and “patched sensors” that can track attendee responses at specific moments or throughout a day. These measurements could be augmented with a camera capturing an entire room to measure the emotional response across many audience members.

Yet another remote capability uses eye-tracking data for remote training. Hartzbech offered example in which a trainer, located thousands of miles away, could see exactly what the person on an oil drilling rig was looking at.

Not fringe science

In its early years neuromarketing got very little respect from serious academics. Some early commercial service providers made claims that were difficult to substantiate. This skepticism slowed research in the space and hindered adoption by many brands.

The pseudoscience label was dispelled, in part, by research at Temple University that validated the predictive power of fMRI ad studies. Today, iMotions alone claims more than 1,300 customers globally, with including 55 of the top 100 universities (QS). While many of these applications aren’t necessarily marketing related, as academics use the suite of tools available, their confidence and application knowledge will grow.

Increasingly inexpensive tools for eye tracking and biometric measurements have also spurred more interest in the space across a broad range of companies. But, perhaps the best indication of the value of this technology is the pricing of these acquisitions. Smart Eye paid $73 million for Affectiva and $46 million for iMotions. These are big bets on nascent uses for well-established measurement systems.

You Might Also Like

Leadership Coaching for the Actual World

The Excessive Highway and the Low Highway of Evaluation

Leadership Coaching for the Actual World

Leadership Coaching for the Actual World

Leadership Coaching for the Actual World

TAGGED:LeadershipThe Forbes Journal
Share This Article
Facebook Twitter Email Copy Link Print
Diddy Courthouse Will get Contemporary Paint As World Consideration Mounts Amid Trial
Entertainment

Diddy Courthouse Will get Contemporary Paint As World Consideration Mounts Amid Trial

Diddy courthouse will get excessive makeover amid trial Revealed Could 11, 2025 7:18 AM PDT Play video content material TMZ.com The courthouse on the middle of the Sean "Diddy" Combs…

By Tycoon Herald 2 Min Read
Amber Heard Welcomes Twins, Expands Her Household
May 11, 2025
Newcastle revenue from Chelsea’s misfortune as a Champions League return strikes tantalisingly shut
May 11, 2025
Hollywood Stars Rejoice Mom’s Day
May 11, 2025
Rangers 4-0 Aberdeen: Vaclav Cerny, Cyriel Dessers, Hamza Igamane and Jefte heading in the right direction in convincing Ibrox win
May 11, 2025

You Might Also Like

Leadership Coaching for the Actual World
Leadership

Leadership Coaching for the Actual World

By Tycoon Herald 9 Min Read
Leadership Coaching for the Actual World
Leadership

Leadership Coaching for the Actual World

By Tycoon Herald 3 Min Read
Leadership Coaching for the Actual World
Leadership

Leadership Coaching for the Actual World

By Tycoon Herald 4 Min Read

More Popular from Tycoon Herald

MEET THE FATHER OF COADUNATE ECONOMIC MODEL
BusinessTrending

MEET THE FATHER OF COADUNATE ECONOMIC MODEL

By Tycoon Herald 2 Min Read
Woman Sentenced to 7 Days in Jail for Walking in Yellowstone’s Thermal Area

Woman Sentenced to 7 Days in Jail for Walking in Yellowstone’s Thermal Area

By Tycoon Herald
Empowering Fintech Innovation: Swiss Options Partners with Stripe to Transform Digital Payments
InnovationTrending

Empowering Fintech Innovation: Swiss Options Partners with Stripe to Transform Digital Payments

By Tycoon Herald 7 Min Read
Sports

St Leger Pageant reside on Sky Sports activities Racing: Desert Flower might improve 1000 Guineas hopes with Doncaster win

The four-day St Leger Pageant at Doncaster is right here and kicks off with a wonderful…

By Tycoon Herald
Business

UK’s Saga shares soar on unique insurance coverage talks with Belgium’s Ageas By Reuters

LONDON (Reuters) -Shares in Saga soared 11% on Friday after the British over-50s vacation group and…

By Tycoon Herald
Trending

U.S. Blew Up a C.I.A. Post Used to Evacuate At-Risk Afghans

A controlled detonation by American forces that was heard throughout Kabul has destroyed Eagle Base, the…

By Tycoon Herald
Leadership

Northern Lights: 17 Best Places To See Them In 2021

Who doesn’t dream of seeing the northern lights? According to a new survey conducted by Hilton, 59% of Americans…

By Tycoon Herald
Real Estate

Exploring Bigfork, Montana: A Little Town On A Big Pond

Bigfork, Montana, offers picturesque paradise in the northern wilderness. National Parks Realty With the melting of…

By Tycoon Herald
Leadership

Leaders Need To Know Character Could Be Vital For Corporate Culture

Disney's unique culture encourages young employees to turn up for work with smiles on their faces.…

By Tycoon Herald
The Tycoon Herald

Tycoon Herald: Your instant connection to breaking stories and live updates. Stay informed with our real-time coverage across politics, tech, entertainment, and more. Your reliable source for 24/7 news.

Company

  • About Us
  • Newsroom Policies & Standards
  • Diversity & Inclusion
  • Careers
  • Media & Community Relations
  • WP Creative Group
  • Accessibility Statement

Contact Us

  • Contact Us
  • Contact Customer Care
  • Advertise
  • Licensing & Syndication
  • Request a Correction
  • Contact the Newsroom
  • Send a News Tip
  • Report a Vulnerability

Terms of Use

  • Digital Products Terms of Sale
  • Terms of Service
  • Privacy Policy
  • Cookie Settings
  • Submissions & Discussion Policy
  • RSS Terms of Service
  • Ad Choices
© Tycoon Herald. All Rights Reserved.
Welcome Back!

Sign in to your account

Lost your password?