Indians will soon have the pleasure of using network cameras that will have a capacity to think independently and make smart decisions on their own, thanks to the innovative efforts Axis Communications, a Swedish manufacturer of network cameras for the physical security and video surveillance industries.
Axis Communications operates in the market segments like transport, infrastructure, retail, banking, education, government and industrial, and has been at the forefront of experiments to connect disparate machines and widely dispersed data.
The company has now come out with IoT which will allow for network cameras to be used for Building Information Management (BIM), Business Intelligence (BI) in retail and even leaping into scientific research with real-time analysis of traffic patterns and crowd movements.
The IoT will allow for combined systems integrating previously disparate devices such as video surveillance cameras, smoke detectors, gas sensors, access control panels and loudspeakers into a common management console providing a 'single pane of glass' overview across entire buildings and sites.
According to market researchers, video is now the fastest growing type of data in the world, and video generated by security and surveillance systems is no small reason.
While this vast amount of video data is largely being used for security purposes, it is increasingly valuable as a source of business intelligence.
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However, there still remains a significant challenge to effectively manage and use the endless amounts of video data being generated.
People can see and expect more investment in tools and other resources that can effectively mine and derive actionable intelligence from the big data that security systems are producing.
They can see more use of wireless technology in security and video surveillance, particularly as an enhancement to business optimization and improvement of the customer experience.
Continued improvement in megapixel technology is certainly a possibility in the future.