Interview With : Avigilon CEO Alex Fernandes Talks About The Acquisition Of VideoIQ

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Avigilon CEO Alex Fernandes talks about the acquisition of VideoIQ. The grainy video that an old surveillance camera produces may not just be useless in determining who just made off with the goods, it could represent the simplest and most effective way for a business to reduce costs. High-definition video-surveillance, the kind done by Vancouver’s Avigilon, is winning more and more converts because the picture it produces is admissible in court, meaning a camera becomes more than a simple deterrent. So what’s the next step? Analytics.

On December 31st, Avigilon announced it had acquired U.S.-based video analytics company VideoIQ, for $32-million. VideoIQ’s futuristic BRAIN technology (Bootstrap Response Active Intelligence Node/Network) learns and adapts, producing a surveillance system that actually gains functionality as it goes.

VideoIQ provides sophisticated, commercially proven analytics technology supported by one of the leading analytics development teams in the industry. The company’s analytics solution complements Avigilon’s innovative line of high-definition video surveillance and IT-friendly access control products.

Specifically, VideoIQ is the best fit for Avigilon because the company has the strongest sales, a robust and effective technology and products with the greatest ease of installation. […]

Source: viewsline.com
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