“What are the benefits of AI-powered CCTV cameras?”
AI video analytics has taken over the world by storm. Despite being relatively new, AI technology has received wide acceptance which is evident by its soaring popularity and demand. CCTV cameras in stores have become an everyday occurrence. Many of us are concerned about the privacy issues that the rise of video surveillance brings, we cannot overlook the benefits that it brings along.
Having CCTV cameras on your premises warns you of potentially suspicious activities and warns potential thieves of the risk of getting caught and reduces the chances of theft.
Video surveillance helps companies identify and catch criminals red-handed, it has unavoidable shortcomings, namely human error. These systems require full attention and dedication of human staff and certain important and noteworthy events may get unnoticed and may get overlooked. This is when AI technology saves the day and helps companies take their video security a notch higher.
AI technology is the stimulation of human intelligence using machines. Artificial intelligence systems use data to identify patterns, make predictions, and take required actions. AI technology’s ability to automate tasks with high accuracy, increased speed, and reduced costs make the solution popular and feasible.
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Let us now see the benefits of infusing AI technology in CCTV cameras and the benefits of these CCTV cameras for business.
1. Improved precision:
Regular CCTV cameras are operated by real people, keeping ample room for human error. Keeping track of what is happening becomes difficult in a large facility with a substantial number of visitors. With the help of data analytics, the AI-powered system can be curated to identify each event and trigger alarms in the case of unusual activity. With AI technology, regardless of facility size or the number of visitors, companies can be confident that no detail or threat will go unnoticed due to fatigue, short attention span, and human error.
2. 24/7 Surveillance:
A business may have numerous cameras on its premises but it requires multiple staff shifts to ensure uninterrupted monitoring, which is not pragmatic and possible for most companies. But, with the help of AI technology, companies can overcome these challenges and have 24/7 monitoring.
Even if the premises are closed, an AI-powered CCTV camera system can provide real-time surveillance and analysis of the location’s security status and trigger alerts in the event of a critical situation, without the need for human intervention. Not only can a business cut costs by not equipping security personnel for continuous video screen monitoring, but it also can substantially reduce false alarms caused by human error or non-threatening triggers such as animals and other factors.
3. Powerful intrusion detection system:
A powerful intervention detection system is the foremost line of defense and a priceless tool for any organization or individual. It is most efficacious when the detection response time is faster and there are negligible false positives. Motion detection cameras used without AI technology are unintelligent devices that alert against everything that moves, be it an animal, a vehicle, or even shadow change.
These cameras are popular for raising false alarms. They can raise anywhere between 100 to 150 false alerts per camera per day. This is a burden for sites with multiple security cameras installed to monitor thousands of visitors. If an intrusion is detected, AI-powered CCTV cameras send essential visuals and metadata to the security unit which enables them to take prompt action.
4. Smart objection:
Traditional computer vision solutions were challenged in identifying objects such as weapons in the real world. AI-powered CCTV cameras come with an innovative neural network that takes into account all the potential errors before reporting an accident which brings down the rate of false alarms. It can be used to detect both visible and concealed weapons by integrating with hardware infrastructure.
5. Loss prevention:
AI technology’s comprehensive video analytics solution is specially designed for retailers. Its proactive loss prevention mechanism helps detect suspicious behavior that may result in shoplifting. AI video solution not only allows enforcement of loss prevention but can also provide heat maps for smarter consumer behavior analytics. It allows retailers to get actionable customer insights and use them to predict product demand, estimate the effectiveness of store performance and take action to optimize operations and improve profitability.
One strategy can be to use in-store analytics to identify areas where people spend the most time. This helps understand popular locations and products and use this data to optimize product placement, by putting higher profit margin items where people focus their time. Besides, heat maps for foot traffic can assist with layout optimization and staffing decisions such as increasing the number of employees at peak times. This can minimize waiting times in queues and ultimately enhance the customer experience.
6. Quick data extraction:
Reactive security measures such as looking through video footage to get more information about events forensically might seem easy but without AI video analytics, it can be extremely difficult and time-consuming. Security personnel working in large premises like airports, universities, and so on.
Such places have numerous CCTV cameras installed and each camera runs 24/7 accumulating an enormous amount of video footage making searching this data time time-consuming and costly. AI technology enables the user to search for a specific action or object in all the footage much faster than a human operator.
7. Object recognition:
Recognition of objects is a form of computer vision for recognizing objects in pictures or recordings. The primary consequence of deep learning and machine learning algorithms is object recognition. We can quickly spot characters, things, scenes, and visual information while humans look at an image or watch a film.
Ordinary security cameras usually have issues detecting objects with accuracy due to the lack of technology behind their algorithms. AI technology has an edge over other cameras due to the accuracy with which it detects objects and does not give a substantial number of false alarms.
If you are still not sure why you need AI-powered CCTV cameras for your business, Contact VMukti. We will help you make well-informed decisions and save your time. We are a one-stop solution for all your security issues.