Country for PR: United States
Contributor: PR Newswire New York
Thursday, July 29 2021 - 21:00
AsiaNet
Shutterstock.AI Launches Data On AWS Data Exchange To Advance Computer Vision Solutions
NEW YORK, July 29, 2021 /PRNewswire-AsiaNet/ --

  -- Shutterstock.AI to launch data products that enable AWS customers to 
     train machine learning models for ecommerce, autonomous vehicles, and 
     more

Shutterstock, Inc. (NYSE: SSTK), a leading global creative platform offering 
full-service solutions, high-quality content, and tools for brands, businesses 
and media companies, today announced the availability of its data (images, 3D, 
video and associated metadata) on AWS Data Exchange, a service that makes it 
easy to find, subscribe to, and use third-party data in the cloud. The 
announcement follows the launch of Shutterstock.AI, a newly formed subsidiary 
with insights and data at the heart of its mission.

Logo - https://mma.prnewswire.com/media/1075411/shutterstock_Logo.jpg

The availability of Shutterstock.AI's data on AWS Data Exchange will allow 
customers, from tech startups to industrial giants, to train computer vision 
models at scale with precision, advancing their computer vision technology.

"Customers need broad content sets and quality metadata to train computer 
vision models with confidence and efficiency," said Chris Casey, Worldwide Head 
of Business Development, AWS Data Exchange, Amazon Web Services, Inc. 
"Shutterstock.AI has one of the largest libraries of assets available in this 
space with notable variety and metadata. We're excited that AWS customers at 
every level of machine learning maturity can now innovate using 
Shutterstock.AI's data on AWS Data Exchange."

Shutterstock.AI will initially offer a series of training datasets to AWS 
customers on AWS Data Exchange. The datasets include collections of images and 
3D models from Shutterstock.AI's library of 400 million visual assets, along 
with metadata backed by rigorous human and AI review. The datasets span 
multiple industry categories, and have been curated to align with some of the 
most common computer vision applications in ecommerce, travel and tourism, 
self-driving cars, and consumer electronics.

"Computer vision is a powerful new technology with huge growth potential," said 
Stan Pavlovsky, Chief Executive Officer at Shutterstock. "We are excited to 
partner with AWS to develop products that support companies creating solutions 
for autonomous vehicles, real-time content moderation, and more, while 
leveraging AWS's data delivery capabilities to significantly expand the market 
for this content."

In addition to offering products on AWS Data Exchange, Shutterstock.AI content 
will be used to power Amazon's own computer vision projects, including Amazon 
Rekognition ( 
https://c212.net/c/link/?t=0&l=en&o=3243026-1&h=1526264073&u=https%3A%2F%2Faws.amazon.com%2Frekognition%2F%3Fblog-cards.sort-by%3Ditem.additionalFields.createdDate%26blog-cards.sort-order%3Ddesc&a=Amazon+Rekognition 
), a solution that simplifies adding image and video analysis to applications 
using proven, highly scalable, deep learning technology that requires no prior 
machine learning expertise.

Shutterstock.AI will work with AWS to provide this data to new customers, as 
well as enabling existing Shutterstock.AI clients to use AWS Data Exchange for 
streamlining their existing data delivery, ingestion, and billing.

Over time, Shutterstock.AI and AWS will continually expand the selection of 
datasets offered on AWS Data Exchange in response to customer feedback and 
demand. Shutterstock.AI will also work to deliver additional value to the 
computer vision community, producing thought leadership for practitioners, 
conducting research, and developing products for expanded computer vision 
applications.

For more information about Shutterstock.AI ( 
https://c212.net/c/link/?t=0&l=en&o=3243026-1&h=2050177527&u=https%3A%2F%2Fwww.shutterstock.com%2Fdiscover%2Fshutterstock-ai&a=Shutterstock.AI 
) datasets on AWS Data Exchange, explore the Shutterstock.AI catalog ( 
https://c212.net/c/link/?t=0&l=en&o=3243026-1&h=4238032603&u=https%3A%2F%2Faws.amazon.com%2Fmarketplace%2Fsearch%2Fresults%3FsearchTerms%3DShutterstock&a=Shutterstock.AI+catalog 
) and register for a webinar ( 
https://c212.net/c/link/?t=0&l=en&o=3243026-1&h=2883490272&u=https%3A%2F%2Fsstk.shutterstock.com%2Fdevelopers%2Fwebinar-computer-vision-trends-amazon&a=webinar 
) on August 5.

ABOUT SHUTTERSTOCK

Shutterstock, Inc. (NYSE: SSTK) ( 
https://c212.net/c/link/?t=0&l=en&o=3243026-1&h=1266744752&u=https%3A%2F%2Fstudio-5.financialcontent.com%2Fprnews%3FPage%3DQuote%26Ticker%3DSSTK&a=SSTK 
), is a leading global creative platform offering full-service solutions, 
high-quality content, and tools for brands, businesses and media companies. 
Directly and through its group subsidiaries, Shutterstock's comprehensive 
collection includes high-quality licensed photographs ( 
https://c212.net/c/link/?t=0&l=en&o=3243026-1&h=93966218&u=https%3A%2F%2Fwww.shutterstock.com%2F&a=high-quality+licensed+photographs 
), vectors ( 
https://c212.net/c/link/?t=0&l=en&o=3243026-1&h=1856075891&u=https%3A%2F%2Fwww.shutterstock.com%2Fvectors&a=vectors 
), illustrations ( 
https://c212.net/c/link/?t=0&l=en&o=3243026-1&h=1758335296&u=https%3A%2F%2Fwww.shutterstock.com%2Fcategory%2Fillustrations-clip-art&a=illustrations 
), videos ( 
https://c212.net/c/link/?t=0&l=en&o=3243026-1&h=3197389817&u=https%3A%2F%2Fwww.shutterstock.com%2Fvideo%2F&a=videos 
), 3D models ( 
https://c212.net/c/link/?t=0&l=en&o=3243026-1&h=1326668992&u=https%3A%2F%2Fwww.turbosquid.com%2F&a=3D+models 
) and music ( 
https://c212.net/c/link/?t=0&l=en&o=3243026-1&h=4023528138&u=https%3A%2F%2Fwww.shutterstock.com%2Fmusic%2F&a=music 
). Working with its growing community of over 1.8 million contributors, 
Shutterstock adds hundreds of thousands of images each week, and currently has 
more than 380 million images and more than 22 million video clips available.

Headquartered in New York City, Shutterstock has offices around the world and 
customers in more than 150 countries. The Company also owns Offset, a high-end 
image collection ( 
https://c212.net/c/link/?t=0&l=en&o=3243026-1&h=2356015850&u=https%3A%2F%2Foffset.com%2F&a=high-end+image+collection 
); Shutterstock Studios, an end-to-end custom creative shop ( 
https://c212.net/c/link/?t=0&l=en&o=3243026-1&h=1283713846&u=https%3A%2F%2Fwww.shutterstock.com%2Fstudios&a=an+end-to-end+custom+creative+shop 
); PremiumBeat, a curated royalty-free music ( 
https://c212.net/c/link/?t=0&l=en&o=3243026-1&h=763830454&u=https%3A%2F%2Fwww.premiumbeat.com%2F&a=royalty-free+music 
) library; Shutterstock Editorial, a premier source of editorial images ( 
https://c212.net/c/link/?t=0&l=en&o=3243026-1&h=3238311249&u=https%3A%2F%2Fwww.shutterstock.com%2Feditorial&a=editorial+images 
) and videos ( 
https://c212.net/c/link/?t=0&l=en&o=3243026-1&h=3416249721&u=https%3A%2F%2Fwww.shutterstock.com%2Feditorial%2Fcollections%2Feditorial-video&a=videos 
) for the world's media; TurboSquid, a leading 3D content marketplace ( 
https://c212.net/c/link/?t=0&l=en&o=3243026-1&h=2266699735&u=https%3A%2F%2Fwww.turbosquid.com%2F&a=3D+content+marketplace 
); Amper Music, an AI-driven music platform ( 
https://c212.net/c/link/?t=0&l=en&o=3243026-1&h=1324427083&u=https%3A%2F%2Fwww.ampermusic.com%2F&a=AI-driven+music+platform 
); and Bigstock ( 
https://c212.net/c/link/?t=0&l=en&o=3243026-1&h=1813288400&u=https%3A%2F%2Fwww.bigstockphoto.com%2F&a=Bigstock 
), a value-oriented stock media offering.

For more information, please visit: www.shutterstock.com and follow 
Shutterstock on Twitter ( 
https://c212.net/c/link/?t=0&l=en&o=3243026-1&h=1593553559&u=https%3A%2F%2Ftwitter.com%2Fshutterstock&a=Twitter 
) and on Facebook ( 
https://c212.net/c/link/?t=0&l=en&o=3243026-1&h=3113241907&u=https%3A%2F%2Ffacebook.com%2Fshutterstock&a=Facebook 
).

FORWARD-LOOKING STATEMENTS

This press release contains forward-looking statements within the meaning of 
the Private Securities Litigation Reform Act of 1995, particularly in the 
discussion under the caption "2021 Guidance Update." All statements other than 
statements of historical fact are forward-looking. Examples of forward-looking 
statements include, but are not limited to, statements regarding guidance, 
industry prospects, future business, future results of operations or financial 
condition, future dividends, our ability to consummate acquisitions and 
integrate the businesses we have acquired or may acquire into our existing 
operations, new or planned features, products or services, management 
strategies, our competitive position and the COVID-19 pandemic. You can 
identify forward-looking statements by words such as "may," "will," "would," 
"should," "could," "expect," "aim," "anticipate," "believe," "estimate," 
"intend," "plan," "predict," "project," "seek," "potential," "opportunities" 
and other similar expressions and the negatives of such expressions. However, 
not all forward-looking statements contain these words. Forward-looking 
statements are subject to known and unknown risks, uncertainties and other 
factors that could cause our actual results to differ materially from those 
expressed or implied by the forward-looking statements contained herein. Such 
risks and uncertainties include, among others, those discussed under the 
caption "Risk Factors" in our most recently filed Annual Report on Form 10-K, 
which was filed with the Securities and Exchange Commission (the "SEC") on 
February 11, 2021 (our "2020 Form 10-K"), and in our consolidated financial 
statements, related notes, and the other information appearing elsewhere in the 
2020 Form 10-K, our Quarterly Report on Form 10-Q filed with the SEC on July 
27, 2021, and our other filings with the SEC. Given these risks and 
uncertainties, you should not place undue reliance on any forward-looking 
statements. The forward-looking statements contained in this press release are 
made only as of the date hereof, and Shutterstock does not intend, and, except 
as required by law, we undertake no obligation to update any forward-looking 
statements contained herein after the date of this press release to reflect 
actual results or future events or circumstances.

Source:  Shutterstock, Inc.

CONTACT: Aimee Leabon
         press@shutterstock.com,
         +1-917-563-4991