During the holiday season, retailers enjoy increases in store traffic but for loss prevention (LP) managers increases in shoppers and temporary employees make this time of year more challenging. Through this influx of business (and beyond), the LP managers must deal with losses stemming from organized retail crime (ORC), employee theft, and shoplifting. Retail supply chains and online retailer distribution centers also come under greater pressure as more goods are being handled and shipped.
In his work on exploring the shift from analog to digital production in music, author and musician Damon Krukowski laments the fact that he can no longer just drop into his local music store. While he’s quick to acknowledge that digital music and streaming platforms allow for greater exposure and innovation for artists, he also feels that something has been lost.
Shunichi Morinaga, president and chief executive of Canon Hong Kong, said increased sales revenue at physical retail shops is one benefit of the system which monitors consumers using real-time data analysis. Canon is delighted to partner with NTT Communications, the global ICT solutions provider, to introduce a smart and reliable business solution for retailers in Hong Kong that will enable them to increase revenue as they face the dual challenges of increasing competition and an uncertain economic climate. We believe that real-time business intelligence can be a game changer for the Hong Kong market, especially in the retail industry.
Physical retail spaces are a vital link in modern, omni-channel retailing but how can you maximise their returns? Kimberly Goldsworth, VP marketing, Prism Skylabs, helps answer this burning question. There’s no question that more commerce is moving online. Amazon’s acquisition of Whole Foods is just one piece of recent evidence pointing to this trend. The flipside, however, is that the acquisition supports Amazon’s strategy to open more physical showrooms where shoppers can smell, taste, and handle products. As part of this, Amazon recently opened seven bookstores (with several more planned) in the US to cater to the resurgence in demand for physical books and allow people to test-drive gadgets like the Echo and the Fire TV Stick.
Milestone Systems, the open platform company in IP video management software (VMS), unveiled the findings of Video Surveillance Solutions in Singapore, a research study commissioned by Milestone Systems. The study revealed that while satisfaction with video surveillance continues to remain high, few firms are fully taking advantage of intelligent video solutions, beyond basic functions such as surveillance today. 92 percent of surveyed retail businesses are satisfied with their current video surveillance solutions, but what could they really gain from a deeper implementation of video surveillance technologies.
Axis announces new solutions for retail, which can provide intelligence and drive revenue growth Axis Communications, the market leader in network video, announced that Cognimatics’ applications have been fully integrated with Axis’ network cameras, audio, and access control products. Axis acquired Cognimatics in 2016 after a long, successful partnership.
Arteco, a global leader in the delivery of video event management solutions, will unveil advancements to its video event management portfolio at the upcoming ISC West conference. The Arteco video surveillance solutions portfolio delivers a wide variety of functionalities that help stakeholders gain new levels of awareness within their security and business infrastructures. The company has expanded its focus to provide customized systems that fit the requirements of specific vertical applications, such as retail, logistics, Smart City, critical infrastructure and campus. Enhancements include advanced storage options, bandwidth reduction for live and recorded video, support for ONVIF Audio Out, POS and marketing platforms.
NTT Security today issued its quarterly Threat Intelligence Report, which underscores the need for more advanced tools to protect organizations’ data and networks from the evolving tactics, techniques and procedures (TTPs) used by cyber-attackers. A topic of considerable public attention is the ability to determine the source of cyber-attacks to determine their credibility and motivation.
DTT announced a strengthened partnership with First Cup LLC, a 60-store Dunkin’ Donuts franchisee based in Chandler, Arizona. With locations throughout Arizona, California, Colorado, and Nevada, DTT provides comprehensive loss prevention and managed services for 30 First Cup stores with several installations currently pending. First Cup’s introduction to DTT took place in late 2013. The company was highly impressed with the range of DTT’s services and sophisticated technology. In March 2015, DTT was added to Dunkin’ Brands US list of vendors; First Cup contacted DTT within a week to sign 60 existing locations and all new construction stores. The rollout is still underway in order to work around First Cup remodeling and ensure a smooth transition from the previous surveillance provider.
ISCON Imaging, INC., a manufacturer of patented infrared (IR) imaging screening systems, has unveiled its new FocusScan® handheld imager for targeted personnel scanning. FocusScan is the first-ever IR-based handheld imaging technology purpose-built for use in loss prevention, security enhancement, and asset protection.
Axis Communications, the global leader in network video surveillance, and Solink, the first event-driven video discovery platform, are partnering to deliver a fully integrated contextual analytics solution. This partnership allows Axis IP-cameras to work seamlessly with the Solink platform and its banking and retail applications.
Tyco Retail Solutions Benny Goh, Asia President, Tyco Nowadays, we operate in a global economy where businesses and consumers know no boundaries. Retailers are increasingly extending their brands beyond the web and existing stores, setting up new stores in new markets around the globe. This means it is now more critical for the Security & Loss Prevention (LP) departments of global retailers to have stricter compliance regulations and internal mandates, to deploy effective and efficient LP solutions and ensure adequate security measures to protect the safety of their global assets such as property, employees, inventory and shoppers across all locations.
It’s getting harder to go anywhere where there’s not a mounted camera (even in people’s homes). They’re becoming so ubiquitous that shoppers hardly notice them …especially during the busy holidays. But businesses are starting to take great notice, and realizing there’s more value from a security or surveillance camera than just a live view of shoppers. It’s the intelligence in the video that’s helping companies stay competitive.
While loss prevention is a valid reason from a security perspective, it is often much easier to get the budget signed off when colleagues from other departments can be convinced to support the proposal. Examples of cross-functional use of network video include dwell time analysis to allow store managers to alert their team when extra customer assistance is needed. The heat map function can be set up to proactively alert the staff about low-traffic in campaign areas so they can quickly rectify the situation. Lastly, people counting is useful for conversion rate and sales planning.
Shortly after NOMi – a company that bills itself as the Omniture of the brick and mortar store – acquired cross-device startup Media Armor, NOMi itself has been acquired by in-store analytics competitor Brickstream. Apple delivered a major blow to a core part of NOMi’s business when it revealed this summer that it would begin randomizing Media Access Control (MAC) addresses for mobile operating system iOS8.
American Dynamics, part of the Security Products business unit of Tyco (NYSE: TYC), the world’s largest pure-play fire protection and security company, announces VideoEdge Micro, a compact version of the popular VideoEdge network video recorder. Ideal for businesses that have satellite sites with limited space, or smaller businesses that want an IP only solution for their active surveillance needs, VideoEdge Micro is incredibly easy to set up and use.
Well, the retailer could, once. But the merchant would never know if the shopper returns because iOS 8 randomizes the device ID every time it connects to a Wi-Fi network. The solution? No surprise! Beacons. When Apple Inc. made the latest version of its mobile operating system, iOS 8, available last week, CEO Tim Cook launched a new section of the Apple site devoted to mobile privacy.
Venezuelan President Maduro announced details of the new system on Friday (Prensa Presidencial) as basic, regulated food is being sold at black market prices, and gangs are smuggling food across the border to Colombia, the Venezuelan government has launched an offensive, and implemented a biometric system in shops across the country. President president, Nicolás Maduro, […]
Managing business improvement can be a mix of excitement, stress, and creativity. People Counting by AirLive IP-camera is one way to help analyze your business. Analyzing how traffic is affecting sales is critical in reporting and how to turn those numbers into profitable solutions. The basis for evaluating business execution is comparing to the competition […]
The Clothing Chain recently chose the Digieye Compact Hybrid and IP multifunctional video management systems from Syac-TB for the company’s newly upgraded surveillance solution, which they wanted to optimize their new video security investments but also, at the same time, preserve some of their past investments by maintaining some of the legacy materials. The Clothing […]