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Model Compression Toolkit (MCT) is an open-source project for neural network model optimization under efficient, constrained hardware. This project provides researchers, developers, and engineers tools for optimizing and deploying state-of-the-art neural networks on efficient hardware. MCT supports different quantization methods and quantization schemes for quantizing weights and activations. It is developed by researchers and engineers working at Sony Semiconductor Israel and is licensed under Apache License 2.0.