Our chairman and co-founder, Steve Russell, recently sat down with Rajiv Shah, an adjunct assistant professor in the Department of Communication at the University of Illinois at Chicago, and the author of the Smart Cameras blog. Below are some of his answers to Rajiv's questions around privacy, vendor comparisons, industry connections to academia and the future of the smart camera market.
Earlier this week, Security Director News reported findings from a study conducted by ADT that show 39 percent of retailers polled expect to increase security expenditures over the next three years. That is music to our ears!
Protecting expensive retail goods and reducing retail theft -- by both customers and employees -- as well as ensuring worker safety and cutting down on organized retail crime (ORC) were cited as the primary reasons to increase the investment. In fact, 46 percent of those polled said that they were "...looking to technology to reduce the effects of ORC."
Below follows a short guest post from 3VR Senior Director of Field Services Bob Herold, who attended the NRF Loss Prevention Conference this May. The post includes his reflections on the show, our experience there and thoughts on the industry: With the economy as it is, I didn’t expect a significant turnout at NRF's Loss Prevention Conference this May. However, while the numbers were down from last year, we were very pleased to see that the professionals that did make the trip were there for business.
As a company with a foot in various niches within the security industry – facial recognition, biometrics, surveillance, etc. – we're looking to start discussing some of the headlines that are catching our eyes here on the 3VR blog. Hope it can provide you with some insight into what we're fascinated by, some of the cool technologies out there and where we're looking to go!
There has always been a thin line between privacy and security in the surveillance industry and a new piece in New Scientist this week discusses around our new method of scrambling CCTV image to preserve the privacy of innocent persons.
As Paul Marks, New Scientist chief technology correspondent, writes:
3VR is a video technology and data company that solves the challenges associated with video searchability, allowing customers to rapidly gather real-time intelligence from the unstructured video data that is produced by a single camera or a global network of cameras. 3VR uses analytics as the cornerstone of video search, and it enables both security and business intelligence applications from a single video management system (VMS). 3VR is the standard for hundreds of global customers in Financial Services, Retail, Government, Infrastructure and Hospitality. Learn more.