Posted On: January 15, 2021
The internet of things has witnessed consistent growth, in its potential to expand as well as in the industries it is being employed in. When talking about the BFSI industry, the digitization of the other industries has promoted the adoption of IoT in financial services. The banking industry faces the need for consistent growth to appeal to their customers and make their experience worth their time. Artificial intelligence-based banking system has been one such developmental change that has allowed the banking industry to venture into much more than just their traditional services.
Posted On: January 14, 2021
The very basis of a warehouse video surveillance system is providing security to the assets and employees associated with it from all types of unforeseen circumstances. However, today’s smart AI and ML enabled solutions can do a lot more than just make sites secure. Entrepreneurs all over the globe seem to be utilizing these systems for improving their efficiency and productivity with inventory management, indubitably increasing their market credibility.
Basis of an IHL research study, the worldwide cost of inventory distortion, including shrinkage, stock-outs, and overstock is estimated at $1.1 Trillion. The loss of such…
Posted On: January 14, 2021
The Indian warehousing market is expected to be an estimated $20 billion industry by 2025 driven by the country’s flourishing manufacturing, retail, FMCG, and logistics sectors.
Furthermore, in 2020, the shifting consumer preference from an offline mode of shopping to online due to the COVID-19 pandemic has created more demand for the warehousing industry in India.
For manufacturing or trading companies, warehousing or storage facilities are the most important assets. The fact that inventory is considered as a current asset, makes their security even more important. …
Posted On: January 11, 2021
Video surveillance is a growing trend worldwide. Along with the rise in video surveillance, we are also seeing a massive increase in the analytics and alerting aspects of it. According to a Research and Markets report published in late 2020, the global analytics market was valued at $4.10 billion in 2019 and expected to grow at a CAGR of 22.7% to $20.80 billion in 2027, i.e. We can no longer just treat video surveillance and analytics as a buzz for tech hobbyists or enthusiasts, but bonafide trend businesses are adopting at ever-increasing rates.
Posted On: January 7, 2021
Owners of large businesses or warehouses spread across multiple facilities and locations know the worries of unwanted intrusions firsthand. The threat of intrusions gets magnified when there are multiple access points through which miscreants can enter your premises. One solution warehouse owners have relied on is to increase the patrolling of premises with security guards. In recent years, video monitoring through CCTVs has also been utilized, to aid security personnel in discharging their responsibilities. Today, it is very rare that a business relies solely on man guarding.
Video monitoring based Intrusion Detection Systems (IDS) takes…
Posted On: January 5, 2021
It’s a given that video surveillance is a game-changer in security, especially for small and medium businesses. Investing in surveillance infrastructure and equipment might seem like major capital expenses. Video Surveillance-as-a-Service (VSaaS) is an alternative model you can consider if you want to secure your premises with a video surveillance system without a high upfront investment.
Rising security concerns need for an intelligent security system along with increasing consumer awareness towards safety has fuelled the demand for Video Surveillance-as-a-Service (VSaaS) market in India. Traditionally controlled by hardware-based surveillance systems, the country is now shifting towards…
Posted On: January 4, 2021
In today’s date, with the crime rate at an all-time high, there is absolutely no place that is completely safe from harm. So, when it comes to securing our premises from these possible threats, it is absolutely necessary to employ the right security system for the right purpose.
However, the idea of an e-surveillance security system is warded off by a multitude of people simply owing to their incomplete or inaccurate knowledge. When it comes to IoT video surveillance security systems, there are a lot of misconceptions in the air about what it truly does…
Posted On: December 29, 2020
As the owner of a small or medium business (SMB), you may think the size and relative anonymity of your business prevents it from being targeted by criminals, but you would be wrong. SMBs are especially vulnerable to threats such as theft, because they are short-staffed, and have limited budgets for security.
According to a recent article by KPMG about the state of physical security in India, organization level risk perception related to physical security is dismally low — in the bottom quartile.
If your business is one of those, not budgeting for security can…
Posted On: December 24, 2020
The retail industry has been continuously growing, not just in size and scope in the market but also in its drive into the smarter side of service provision, and this seems to be facing a constant need of not only improving its performance in terms of top-notch customer experience, on time restocking and overall efficient functioning of the store but also protecting its premises and assets. Today, every fast-growing retail chain has employed actionable analytics to stay at the top of their game.
The internet of things is responsible for this transition of retail stores…
Posted On: December 23, 2020
Internet of Things (IoT) and e-Surveillance are essentials to transform your warehouse into an optimized space. Since the technology is still in its nascent phase, especially in India, decision-makers such as warehouse managers or heads of technology and infrastructure need pointers in how to plan for an IoT warehouse solution implementation.
As a technology head or a warehouse manager, there are multiple areas you need to take care of. …