In the face of global recession this past year, the security and video surveillance industries continue to remain unaffected and even growing. According to IMS Research, the demand for CCTV and video surveillance equipment should remain strong throughout 2012, with potential growth for the surveillance equipment market predicted to exceed 25 percent (Security Products Magazine, 2011). In 2010, analog sales were notably low, but leaps and bounds made in network video surveillance technology caused the market that year to increase by more than 30 percent.
Security Products Magazine has proposed two probable causes for this;
There has been a 32 percent rise in data breaches at healthcare organizations over the past year. This statistic includes breaches of protected health information (PHI) and personally identifiable information (PII), with hospitals and healthcare providers now averaging at least four data breaches annually.
3VR and Aberdeen Group recently teamed up to hold a webinar that discussed how video analytics can provide organizations with the ability to sort through terabytes of security video in seconds as well as contribute to both top line and bottom line growth. Video intelligence analytics such as dwell time, queue line analysis and customer not present are changing the way retail operations and merchandising teams leverage video in customer-centric strategies to improve sales and customer service.
Lucky Supermarket chain released a notice on November 23rd this year that 20 of their northern Californian stores were infiltrated by thieves who inserted data-skimming devices into payment card readers at Lucky’s self-checkout counters – stealing card information from as many as 500 grocery store customers, putting their bank accounts in jeopardy (ABC, 2011).
InformationWeek recently named Starbuck’s Stephen Gillett, CIO, their IT Chief of the Year. Gillett is best known for his innovative integration of Starbuck’s retail and digital capabilities, bringing us many of the services we have become familiar with such as in-store Wi-Fi. Success stories, like Gillett’s exemplify how an IT department with a vision can create a completely unique digital experience within a retail environment.
Last month, our blog Criminal Flash Mobs: What all Retailers Should Know, discussed the ominous rising numbers of criminal flash mobs and how, according to the NRF, 79% of retailers are affected by these multiple offender crimes. With the holiday season approaching, crowd control, staffing and shoplift prevention are already hurdles that many retailers face. Add flash mobs to the obstacle course and retail executives begin to lose sleep. Many of our readers asked what specifically they could do in order to prevent the relatively new phenomenon of criminal flash mobs. Read on for a few tips that will help you return to your peaceful slumber this holiday season.
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.