Tag: AI-based
iDter preventing vehicle theft, vandalism with AI detection
September 28, 2023SSN Staff
SAN MATEO, Calif. – iDter, a technology company using AI-based detection says it’s making a difference, stopping intruders in its tracks and combating rising vehicle crime.
With iDter’s Nio Guardians, security surveillance devices utilizing AI, which the company said act as security guards, users can position them on buildings and light poles to cover every square foot of a property and confront trespassers within seconds of arrival. In the event of a trespass the units...
Eagle Eye uses $100M to fund AI product development, expansion, and more
June 8, 2023SSN Staff
AUSTIN, Texas – Eagle Eye Networks (EEN) has announced that it will use a recently acquired $100 million equity investment from SECOM to expand its suite of AI-powered products, fund geographic expansion and enhance its enterprise features.
The announcement comes nearly a month after Japan-based security integration company SECOM CO., LTD, made a primary equity investment of $192 million in Eagle Eye Networks and Brivo, both companies majority owned by Dean Drako, current EEN CEO...
Interface Systems launches AI-based voice-down system
June 5, 2023SSN Staff
ST. LOUIS, Mo. – Service provider Interface Systems announced the release of its intelligent, AI-based voice-down system the company said is designed to automatically detect and discourage loitering and other suspicious activity in the perimeter of a store or restaurant.
The system utilizes modern AI-cameras along with customizable audio messages, auxiliary lighting, and sirens to detect people and vehicles loitering or acting suspiciously. Interface Systems promises the system offers...
ZeroEyes Partners with AEGIX to bolster Utah school security
May 31, 2023SSN Staff
PHILADELPHIA – ZeroEyes places another school system under the aegis of their AI-based gun detection video analytics platform in a partnership with Utah-based AEGIX.
AEGIX is a provider of resources, technology, equipment, and training for first responders, and through their partnership with ZeroEyes have integrated their software into its incident management platform to creature a solution it says is uniquely built for Utah public schools.
“In the face of increasing gun-related...
Resideo Q1 results up 3% year-over-year, softness in residential market
May 4, 2023Ken Showers, Managing Editor
SCOTTSDALE, Ariz. – Commercial and residential distributor of security and audio-visual products Resideo presented a positive first quarter earnings call with modest gains.
Quarter highlights include a net revenue of $1.62 billion, up 8 percent from $1.5 billion in the third quarter 2021. Other financial indicators were also positive although the failed to reach the same heights as previous quarters with a gross profit margin of 26.6 percent, compared to 28.1 percent in the prior year comparable...