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Facts & Figures, Featured, VCA, video analytics

Security Industry Association reports on benefits of video analytics in reducing cost per-camera

Video analytics helps to reduce per-camera production cost, notes Security Industry AssociationVideo analytics and other “enabling technologies” can sharply reduce per-camera costs for leading companies, according to a report included in the latest Quarterly Research Update from the Security Industry Association (SIA).

Among companies identified as having “best-in-class performance” – as determined by data on security-related incidents, human error and staffing levels – the use of enabling technologies cuts per-camera costs by 67 percent, and “their guard force is successfully assessing, prioritising, and taking action on five times more alerts per camera per day,” according to a study conducted by The Aberdeen Group.

“The primary purpose of video analytics technologies is to get more value from existing video surveillance investments: to extract more effective information, and to do so in a more timely way,”the Update notes. “Video analytics solutions are designed to identify the needles in the proverbial haystack – the exceptions, incidents, or events that really matter – to assist guards and operators in their decision-making process.”

Read more: http://www.sourcesecurity.com/news/articles/co-1508-ga.5048.html

SIA Website: https://siamembers.siaonline.org/eweb/DynamicPage.aspx?Action=Add&ObjectKeyFrom=1A83491A-9853-4C87-86A4-F7D95601C2E2&WebCode=prDetail&DoNotSave=yes&ParentObject=CentralizedOrderEntry&ParentDataObject=Invoice%20Detail&ivd_prc_key=4E240C89-A9CC-4DAA-9F8B-E2B3C1E41B46

Thanks: SIA/Sourcesecurity



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