Economy

Lithuanian company develops software allowing sophisticated eye movement analysis with ordinary webcams

Neurotechnology, a provider of high-precision biometric, robotics and AI technologies, introduced the SentiGaze Software Development Kit (SDK). The SentiGaze algorithm enables designers and developers to create applications that use off-the-shelf webcams to track eye movements and generate heatmaps based on how a user gazes at a monitor. Heatmaps can be used for applications such as analysis of websites or determining the effectiveness of online advertising. The SDK can also be used to develop interfaces for a number of other gaze-aware applications, including games and software that provides disabled people with some assistance in controlling their computers. […]

Duomenų perdavimo magistralė "Baltic Highway"
Uncategorized

3,000km optical fiber network connects Eastern and Western Europe

21 January 2015 marks an official launch of the Baltic Highway, a modern data transmission network, connecting Tallinn (Estonia) and Frankfurt (Germany) via Riga (Latvia), Vilnius (Lithuania), Warsaw (Poland) and Berlin (Germany). The 3,000km optical fiber network is distinguished for its reliability, low 35 milliseconds latency, capacity of 100G per channel and 9.6 Tbit/s total throughput. […]

Economy

Nasdaq creates new technology and business support competence center in Vilnius

Nasdaq (Nasdaq: NDAQ) announces that the world leading operator of exchanges and provider of capital markets technology, will create a new technology and business support competence center in Vilnius. […]

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Economy

US software company Exadel plans major expansion in Lithuania

Having opened an office in Vilnius this summer, American software engineering company Exadel has announced further plans for expansion, including the opening of new offices in Kaunas and Klaipėda. Exadel intends to create 35 new jobs for IT specialists and programmers in the two new offices. […]

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Economy

Fast-growing US iPad POS company Revel Systems to develop division in Lithuania

Revel Systems, a rapidly growing developer of innovative iPad point of sale payment systems based in the US, is establishing a division in Lithuania. Having recently attracted 100 million US dollars of investment from New York based venture capital fund Welsh, Carson, Anderson & Stowe and other strategic investors, the company plans to establish a division in Lithuania to expand its team of IT engineers and to distribute products in the EU. […]