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1	
  
Technology	
  
	
  
•  Image	
  recogni1on	
  (IR)	
  –	
  technology	
  for	
  
automa1c	
  iden1fying	
  object	
  on	
  the	
  image	
  
•  The	
  technology	
  can	
  be	
  widely	
  used	
  in	
  
retail	
  to	
  iden1fy	
  consumer’s	
  demands	
  
Our	
  product	
  
•  Image	
  recogni1on	
  technology	
  
implementa1on	
  to	
  mobile	
  devices.	
  	
  
•  Mobile	
  apparel	
  e-­‐commerce	
  	
  	
  
	
   2	
  
The	
  problem	
  	
  
•  Enormous	
  variety	
  of	
  clothing	
  e-­‐retailers	
  	
  
•  Clothing	
  search	
  becomes	
  1me-­‐consuming	
  
•  Minority	
  of	
  e-­‐tailing	
  web	
  sites	
  compa1ble	
  with	
  mobile	
  devices	
  
–  Less	
  than	
  2%	
  conversion	
  rate	
  from	
  mobile	
  devices	
  
Solu1on	
  
•  Easy	
  to	
  search	
  
•  Consumer	
  needs	
  only	
  a	
  photo	
  of	
  the	
  clothes	
  taken	
  from	
  
–  Magazine	
  
–  Internet	
  
–  Private	
  photo	
  album	
  
•  The	
  result	
  relates	
  to	
  the	
  query	
  by:	
  
–  Shape	
  
–  Texture	
  
–  Colour	
  
	
  
3	
  
How	
  it	
  works	
  
Ini1al	
  photo	
  
Segmenta1on	
  
• Detec1ng	
  
the	
  object	
  
Searching	
  	
   • Searching	
  in	
  the	
  
Database	
  
Result	
  
• User	
  can	
  improve	
  the	
  result	
  
by	
  colour	
  or	
  shape	
  	
  
Purchase/
Follow/
Wishlist	
  
• «Follow»	
  –	
  user	
  can	
  follow	
  the	
  query	
  if	
  a	
  
desired	
  object	
  is	
  not	
  found	
  
4	
  
Search	
  results	
  (demo	
  example)	
  
Match	
  by	
  colour	
  
and	
  shape	
  
Query	
  
Match	
  by	
  shape	
  
Match	
  by	
  colour	
  
or	
  shape	
  
Match	
  by	
  shape	
  
Arrow2	
  
Arrow2	
  
5	
  
“Arrow	
  2”	
  –	
  result	
  improvement.	
  The	
  resul1ng	
  
object	
  can	
  become	
  next	
  query	
  object	
  
The	
  business	
  
6	
  
Ini1al	
  image	
  
purchase	
  
revenue	
  
Happy	
  
customer	
  
Mobile	
  app	
  
Applica1on	
  of	
  similar	
  technology	
  
Company	
  
Name	
  
Image	
  
Recogni0on	
  
Image	
  
Recogni0on	
  
on	
  Mobile	
  
Pla5orm	
  
Shape,	
  
colour,	
  
texture	
  
analysis	
  
(clothes)	
  
Closest	
  offer	
  
to	
  the	
  query	
  
	
  
Sale	
  from	
  
the	
  
pla5orm	
  
Google	
  
glass*	
  
✓	
   ✗	
   ✓	
   ✗	
   ✗	
  
eBay**	
   ✓	
   ✓	
   ✗	
   ✗	
   ✓	
  
Amazon***	
   ✓	
   ✓ 	
   ✗	
   ✗	
   ✓	
  
Hunga	
   ✓	
   ✓	
   ✓	
   ✓	
   ✓	
  
*	
  	
  	
  	
  Announced	
  
**	
  	
  “eBay	
  motors	
  app”	
  
***Amazon’s	
  image	
  recogni1on	
  only	
  on	
  books	
  
7	
  
Mobile	
  device	
  traffic	
  	
  
•  Amazon.com	
  -­‐	
  27%	
  traffic	
  from	
  mobile	
  devices	
  
in	
  February	
  2013	
  -­‐	
  comScore,	
  	
  
•  eBay	
  -­‐	
  29%	
  traffic	
  from	
  mobile	
  in	
  February	
  
2013.	
  	
  
•  25%	
  -­‐	
  Apparel	
  purchase	
  on	
  eBay	
  
	
  
8	
  
US	
  
US	
  M-­‐commerce	
  apparel	
  sales	
  via	
  
smartphones,	
  2012-­‐2017	
  
year	
   2012	
   2013	
   2014	
   2015	
   2016	
   2017	
  
sales,	
  bln	
  $	
   8	
   12	
   17	
   22	
   27	
   31	
  
m-­‐commerce	
  
share	
  
3%	
   5%	
   6%	
   7%	
   8%	
   9%	
  
RUS	
   RUS	
  M-­‐commerce	
  apparel	
  sales	
  via	
  
smartphones,	
  2012-­‐2017	
  
	
  
year	
   2012	
   2013	
   2014	
   2015	
   2016	
   2017	
  
sales,	
  bln	
  $	
   0,36	
   0,84	
   1,08	
   1,6	
   1,9	
   2,58	
  
m-­‐commerce	
  
share	
  
	
  
3%	
   4%	
   4%	
   5%	
   5%	
   6%	
  
9	
  
 $	
  57	
  	
  
	
  $	
  117	
  	
  
	
  $	
  183	
  	
  
	
  $	
  260	
  	
  
	
  $	
  351	
  	
  
	
  $	
  423	
  	
  
196	
  
358	
  
507	
  
629	
  
733	
  
811	
  
0	
  
100	
  
200	
  
300	
  
400	
  
500	
  
600	
  
700	
  
800	
  
900	
  
	
  $-­‐	
  	
  
	
  $	
  50	
  	
  
	
  $	
  100	
  	
  
	
  $	
  150	
  	
  
	
  $	
  200	
  	
  
	
  $	
  250	
  	
  
	
  $	
  300	
  	
  
	
  $	
  350	
  	
  
	
  $	
  400	
  	
  
	
  $	
  450	
  	
  
2012	
   2013	
   2014	
   2015	
   2016	
   2017	
  
Year	
  
Global	
  M-­‐commerce	
  market	
  
Global	
  m-­‐commerce	
  market	
  (billion	
  $)	
   M-­‐commerce	
  buyers	
  (mln	
  users)	
  
10	
  
The	
  team	
  
•  Maxim	
  Ryaguzov	
  –	
  CEO,	
  experience	
  in	
  star1ng	
  
up	
  companies.	
  Two	
  successful	
  previous	
  
projects:	
  neskuchaymedia.ru,	
  debano.ru	
  	
  
•  Maxim	
  Mizo1n	
  –	
  CTO,	
  PhD	
  Moscow	
  State	
  
University,	
  Image	
  recogni1on	
  specialist	
  
•  Anton	
  Masalovich	
  –	
  Product	
  Developer,	
  
Moscow	
  State	
  University.	
  Image	
  recogni1on	
  
specialist	
  	
  
11	
  
 
	
  
Maxim	
  A.	
  Ryaguzov	
  
Co-­‐founder,	
  CEO	
  Hunga.Image	
  Recogni1on	
  
	
  
mobile:	
  +7(985)	
  456	
  25	
  32	
  
E-­‐mail:	
  ryaguzov.m@gmail.com	
  
	
  
12	
  

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Application2

  • 2. Technology     •  Image  recogni1on  (IR)  –  technology  for   automa1c  iden1fying  object  on  the  image   •  The  technology  can  be  widely  used  in   retail  to  iden1fy  consumer’s  demands   Our  product   •  Image  recogni1on  technology   implementa1on  to  mobile  devices.     •  Mobile  apparel  e-­‐commerce         2  
  • 3. The  problem     •  Enormous  variety  of  clothing  e-­‐retailers     •  Clothing  search  becomes  1me-­‐consuming   •  Minority  of  e-­‐tailing  web  sites  compa1ble  with  mobile  devices   –  Less  than  2%  conversion  rate  from  mobile  devices   Solu1on   •  Easy  to  search   •  Consumer  needs  only  a  photo  of  the  clothes  taken  from   –  Magazine   –  Internet   –  Private  photo  album   •  The  result  relates  to  the  query  by:   –  Shape   –  Texture   –  Colour     3  
  • 4. How  it  works   Ini1al  photo   Segmenta1on   • Detec1ng   the  object   Searching     • Searching  in  the   Database   Result   • User  can  improve  the  result   by  colour  or  shape     Purchase/ Follow/ Wishlist   • «Follow»  –  user  can  follow  the  query  if  a   desired  object  is  not  found   4  
  • 5. Search  results  (demo  example)   Match  by  colour   and  shape   Query   Match  by  shape   Match  by  colour   or  shape   Match  by  shape   Arrow2   Arrow2   5   “Arrow  2”  –  result  improvement.  The  resul1ng   object  can  become  next  query  object  
  • 6. The  business   6   Ini1al  image   purchase   revenue   Happy   customer   Mobile  app  
  • 7. Applica1on  of  similar  technology   Company   Name   Image   Recogni0on   Image   Recogni0on   on  Mobile   Pla5orm   Shape,   colour,   texture   analysis   (clothes)   Closest  offer   to  the  query     Sale  from   the   pla5orm   Google   glass*   ✓   ✗   ✓   ✗   ✗   eBay**   ✓   ✓   ✗   ✗   ✓   Amazon***   ✓   ✓   ✗   ✗   ✓   Hunga   ✓   ✓   ✓   ✓   ✓   *        Announced   **    “eBay  motors  app”   ***Amazon’s  image  recogni1on  only  on  books   7  
  • 8. Mobile  device  traffic     •  Amazon.com  -­‐  27%  traffic  from  mobile  devices   in  February  2013  -­‐  comScore,     •  eBay  -­‐  29%  traffic  from  mobile  in  February   2013.     •  25%  -­‐  Apparel  purchase  on  eBay     8  
  • 9. US   US  M-­‐commerce  apparel  sales  via   smartphones,  2012-­‐2017   year   2012   2013   2014   2015   2016   2017   sales,  bln  $   8   12   17   22   27   31   m-­‐commerce   share   3%   5%   6%   7%   8%   9%   RUS   RUS  M-­‐commerce  apparel  sales  via   smartphones,  2012-­‐2017     year   2012   2013   2014   2015   2016   2017   sales,  bln  $   0,36   0,84   1,08   1,6   1,9   2,58   m-­‐commerce   share     3%   4%   4%   5%   5%   6%   9  
  • 10.  $  57      $  117      $  183      $  260      $  351      $  423     196   358   507   629   733   811   0   100   200   300   400   500   600   700   800   900    $-­‐      $  50      $  100      $  150      $  200      $  250      $  300      $  350      $  400      $  450     2012   2013   2014   2015   2016   2017   Year   Global  M-­‐commerce  market   Global  m-­‐commerce  market  (billion  $)   M-­‐commerce  buyers  (mln  users)   10  
  • 11. The  team   •  Maxim  Ryaguzov  –  CEO,  experience  in  star1ng   up  companies.  Two  successful  previous   projects:  neskuchaymedia.ru,  debano.ru     •  Maxim  Mizo1n  –  CTO,  PhD  Moscow  State   University,  Image  recogni1on  specialist   •  Anton  Masalovich  –  Product  Developer,   Moscow  State  University.  Image  recogni1on   specialist     11  
  • 12.     Maxim  A.  Ryaguzov   Co-­‐founder,  CEO  Hunga.Image  Recogni1on     mobile:  +7(985)  456  25  32   E-­‐mail:  ryaguzov.m@gmail.com     12