DigitalOptics is a leader in embedded image enhancement and computational photography algorithms, including its FaceTools(TM) , HDR, panorama, multi-focus, and image stabilization products.

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The best known example of computational photography is high-dynamic-range (HDR) imaging, which combines multiple photos shot in rapid succession, and at different exposures, into one picture of superior quality.

ECONOMIST: Monitor

Photography and imaging are hot now as evidenced by major phone makers like Apple, Nokia, and HTC stressing photography, and technology providers Qualcomm, Intel and Nvidia stressing computational photography with their latest wares.

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But HDR and panoramas are just two ways to splice together images of the same subject, says Marc Levoy of Stanford University, who kickstarted computational photography in a paper he wrote in 1996 with his colleague Pat Hanrahan.

ECONOMIST: Monitor