Video Systems
Smarter video systems go beyond security
With built-in video analytics
Smarter video systems go beyond security
Video analytics is an important enabler of any strategy to substantially improve levels of security, as well as offering clear business advantages beyond security. It acts as the 'brains' of a security system, using metadata to add sense and structure to captured video footage. In effect, each network video camera becomes smart, enabling them to understand what they're seeing and alerting guards to any potential threats the moment an alarm rule is met, significantly increasing security levels. They can even decide which information to stream to reduce network strain. Because they can provide all kinds of statistics in the form of metadata, cameras featuring built-in video analytics also enable a scene to be analyzed for reasons that go far beyond security. Making it possible to make smarter business decisions, reduce costs and increase efficiency with a return on investment that can be measured through tangible business results.
Beyond security
Application example: In the retail industry, video surveillance usually forms the basis of a business' security system. Reducing shrinkage and providing evidence in the event of theft have traditionally been the main motivations for installing cameras. In the retail industry, shrinkage is one of the most significant challenges faced by companies. On a global basis, shrinkage cost retailers some 110 billion Euros in 2015 alone. About half of the damage is the direct result of not only thieving customers, but employees as well. The focus has been on image quality (ever-increasing need for more detail / pixels) and reducing associated costs (bitrate). However, the fact is that despite the latest technologies being able to reduce bitrate by up to 80% the majority of the data collected is not used. With Essential Video Analytics built-in as standard, retailers are able to re-purpose the massive amounts of streaming data from their security cameras that would otherwise have been redundant.
For example, while securing the main entrance to their shop, retailers can gather business statistics like people count simultaneously. Or while securing the cash register area to prevent 'sweet-hearting' the camera's metadata can also be used to trigger an alarm in case the number of people in a queue exceeds the pre-defined threshold. For example, the in-store public address system can be activated to broadcast a personalized message to request another cash register to be opened. An interesting way to optimize in-store security, services and customer experience.
Analytics can also be used to ensure that no one enters or leaves the retail shop using the emergency exit. The camera can also trigger an alarm in case the emergency exit is blocked by an object – increasing the safety of customers and employees.
With built-in video analytics as standard, Bosch empowers you to rethink what else video security can do.