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INSIGHTS

Analytics as service: demand and challenges

Analytics as service: demand and challenges
Video analytics in itself can be considered as one of the key segments in the future of security industry. Its availability as an affordable, convenient service makes it all-the-more appealing the customers.
Video analytics in itself can be considered as one of the key segments in the future of security industry. Its availability as an affordable, convenient service makes it all-the-more appealing the customers.
 
“Governments and security agencies are driving the demand for central management of surveillance assets and central situational awareness,” said Kapil Pendse, Product Manager at KAI Square. “This is seen as a necessity in their efforts to be better prepared to counter threats such as terrorism. Outside of the security domain, new applications of video analytics are becoming feasible due to the decreasing cost of computation in edge devices and the need for traditional IP camera manufacturers to find differentiation in the highly competitive market.”
 
In Carl Gohringer, Founder and CEO of Allevate’s opinion, the market is quite big, but it does come with its challenges. Face recognition, for instance is not useful if you do not have a database to match the captured images with. To counter this challenge, Allevate has partnered with another British firm called Facewatch
 
“Facewatch is a platform that works closely with the police and enables businesses to digitally report crime online,” he said. “What this enables the businesses to do is accumulate imagery of crimes being committed. Businesses then cooperate with each other to share that imagery.
 
Density pointed out that its technology has an advantage over traditional video cameras as its sensors collect anonymous data. This means they can be installed where video cameras cannot, like secure corporate offices, college campuses and even bathrooms.
 
A Segment on the Rise
 
There is no doubt that analytics as a service will gain more traction in the coming days as bandwidth concerns and costs come down. That the solution providers are coming up with innovative systems that counter the challenges are a clear sign of this.
 
But concerns such as security of data that’s captured will always remain, despite strong assurances that the companies can provide. In the end, it would be about how much the solution providers can convince the customers that the advantages of being connected to the cloud are higher than the risks that it comes with. 
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