Verint® Systems Inc. (NASDAQ: VRNT) announced the expansion of its portfolio of security and business intelligence solutions for the retail sector as it continues to deliver advanced technologies to help reduce fraud and loss, boost operational efficiency and improve the customer experience.

To help reduce shrinkage and achieve a significant return on investment, retailers are using Verint solutions, which include a comprehensive portfolio designed to meet the specific needs of a variety of retailers?from enterprise-class to specialty stores.

Verint?s award-winning portfolio includes IP video management software, video business intelligence applications, encoders and decoders, IP cameras, intelligent network video recorders (NVRs), situation management software and industry-leading business system interfaces.

Advancements to Industry-Leading Network Video Recorder (NVR) Verint?s comprehensive NVR platform, the EdgeVR?, is designed to deliver scalable and enterprise-class video monitoring and recording capabilities. The advanced NVR platform enhances security and streamlines investigations for retailers, allowing them to close cases quickly and proactively minimize losses.

The latest version delivers all the benefits of an embedded NVR, including bandwidth optimization, remote access and robust surveillance analytics.

It easily scales to support up to 64 IP and analog cameras, providing a path to migration for budget-conscious retailers. Additional features include H.264 and MPEG-4 compression options and scalable storage options up to 16 terabytes.

Consistent with the EdgeVR?s open platform design, it integrates with various edge devices helping retailers leverage current infrastructures and expand to meet future system demands.

Further updates to the EdgeVR include advanced investigation tools, such as face detection, license plate recognition and a variety of surveillance analytics, providing retailers new levels of situation awareness. Other capabilities include:

• Surveillance Analytics provides loitering detection, directional movement, line crossing, object left behind and missing item identification. Once the system identifies a predefined movement, it can send emails or SMS to the appropriate personnel, or relay messages to associated systems.
• Mobile Client allows security operators to remotely access video and view live and recorded video from multiple cameras simultaneously. Accessible from Apple iOS devices, the application delivers 10 pre-defined screen layout options, zoom capabilities and the ability to access recent camera views.
• IP Camera Integrations include supportfor the new economic line of Verint V3300 IP cameras, the Oncam Grandeye 360 camera when larger fields of view are required, and a Height Strip Camera for store entrances and exits.

“At the NRF Loss Prevention event this week, Verint is highlighting a variety of intelligent solutions designed to reduce shrinkage and theft,” says Alex Johnson, senior director of retail, Verint Video and Situation Intelligence Solutions?. “At Verint, we?re committed to providing technologies that limit and negate vulnerabilities in loss prevention operations and reach beyond traditional security uses by integrating with common retail platforms through open standards and interfaces.”

To learn more about Verint?s intelligent solutions for retail, visit booth #1026 at the NRF Loss Prevention Conference and EXPO June 10-13 in Fort Lauderdale.