video technology analytics
Business Wire
Published on : Nov 19, 2024
Iveda® has unveiled IvedaAI™, a revolutionary update to its video analytics technology, promising to transform industries by offering an intuitive, human-like AI experience. Building on over two decades of innovation in video surveillance and machine learning, IvedaAI introduces a new era of video intelligence, unlocking limitless possibilities for complex video detection, search, and alerts. By combining core object recognition models with proprietary Large Language Models (LLMs) and Vision Language Models (VLMs), IvedaAI delivers unparalleled accuracy and efficiency, setting a new standard in the field.
Scalability and Cost-Efficiency: IvedaAI offers a solution that is both extraordinarily scalable and cost-efficient, making it suitable for large-scale deployments. CEO David Ly highlights how IvedaAI stands apart from other AI models, combining accurate object-based recognition with tuned generative AI, ensuring unmatched performance across a wide range of applications.
Next-Generation AI Capabilities: Available in beta in January 2025 and fully rolling out in Spring 2025, IvedaAI introduces a conversational virtual assistant and intelligent platform features that automatically discover and configure cameras and analytics functions. This smart scene scan enables quick deployment at scale, crucial for smart cities and large operational environments, supporting thousands of cameras with ease.
Proven AI Foundations: Since its inception in 2015, IvedaAI has been powered by AI, even before it became an industry trend. The platform has been engineered to balance compute efficiency with the power of generative AI, making it adaptable across various environments, from cloud and edge devices to Kubernetes and SaaS solutions.
Smart Cities: IvedaAI enhances city safety and traffic management, providing tools for accident detection, real-time traffic data, and better emergency response. By improving traffic flow and reducing the liability burden, it helps create safer, more efficient urban environments.
Educational Campuses: With advanced detection features, IvedaAI boosts school security by distinguishing between routine events and critical incidents. It also offers generative AI-powered weapon detection, contributing to safer campuses for students and staff.
Retail: Retailers can leverage IvedaAI’s intuitive interface to monitor inventory, track store traffic patterns, and set up custom security alerts. The system allows staff to engage in intelligent dialogue, such as requesting alerts for suspicious behavior, improving operational efficiency and security.
Diverse Applications: Beyond its core functionalities, IvedaAI adapts to a range of industries, from livestock tracking to materials inspection and inventory monitoring. This flexibility ensures that IvedaAI remains relevant across various environments, eliminating the need for training new models for unique applications.
IvedaAI is reshaping the future of video analytics by combining cutting-edge generative AI with a scalable, cost-effective architecture. Its adaptability across diverse industries—from smart cities to retail and education—demonstrates its far-reaching potential to transform how organizations use video intelligence for security, safety, and operational efficiency. With its upcoming features and robust AI capabilities, IvedaAI is poised to redefine the landscape of video surveillance and analytics.