Video 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.”
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