LVT met the AI challenge with remote video surveillance by revolutionizing asset protection and crime deterrence with high-resolution remote security cameras and video surveillance systems.
While TikTok influencers and Swifties spent 2023 creating “authentic” content (Merriam-Webster’s word of the year), there were more than 30 million monthly unique internet searches for “artificial intelligence” and “AI” last year, clearly dominating users’ queries for more information on the technology.
Since 2019, when Microsoft tapped Common to wax philosophical about emerging technologies, like AI and mixed reality, we have been on the cusp of monumental digital transformation. The commercial featured the Chicago rapper’s spoken-word poetry to inspire viewers, sharing how these tools were on the brink of mainstream adoption, and ending with him asking, “What would you do?”
LiveView Technologies responded to the AI challenge with remote video surveillance . The company has revolutionized the business of asset protection with a high-resolution remote security camera for crime deterrence with AI enhanced live video monitoring.
“LVT doesn’t just record incidents, they help prevent and deter them entirely,” former asset protection and safety leader for Kroger, Walmart and The Home Depot Mike Lamb told Security Sales & Integration. “They are currently supporting one retail location that averaged 15 incidents of gun violence per year. Since partnering with LVT, it dropped to zero. For asset protection leaders, this is the most important outcome because employee and customer safety is our top priority.”
CCTV and a team of security guards once set the standard in all surveillance operations. Recent advances in AI, machine learning, and predictive analytics changed the game for business owners and asset protection leaders charged with reducing shrink and combatting organized retail crime.
Businesses of all sizes face this challenge. A Washington D.C. liquor store owner told NBC4 that he deals with shoplifting losses of up to $50 every day, which adds up over the course of a year. While he said he employs more than a dozen security cameras for remote video monitoring surveillance to record nearly every spot throughout his store, the comprehensive surveillance coverage does little to deter thieves.
“An eye of a person cannot look at 16 cameras at once,” he said.
That is the drawback live monitoring presents for most remote video monitoring service providers. With multiple cameras rolling around the clock, it's impossible for people to watch every feed for suspicious behavior, flag threats, and filter out false alarms. That's how 24/7 remote video monitoring leveled up surveillance. What once was a strictly reactive endeavor is now a proactive security solution. Now, analytical software tools can review terabytes of information and AI turbocharges the process to identify criminal activity in seconds as well as predict and prevent future issues.
Deploying a remote video monitoring strategy means AI alerts "virtual guards" to take action before a crime ever occurs. By training AI models to identify and detect certain events with suspicious activity, like a person loitering after hours or jumping a fence, actions can be taken to deter a potential criminal's next steps. By activating specific deterrents, like recorded announcements, alarms, and flashing lights, asset protection leaders can respond from anywhere in real time to prevent a possible crime. And if the situation requires a response from law enforcement, this call can happen immediately when every second counts.
And over time, the AI model will learn even more about specific events and provide up-to-the-minute information to make predictions. This gives security teams the ability to “train” the technology to make data-informed decisions based on certain factors—from heavy foot traffic to days of the week.
Layering advanced video analytics over remote surveillance cameras makes the technology an indispensable tool for businesses that require enhanced security. Remote video monitoring's success rate resonates with retailers, as more than 37% of respondents to the National Retail Federation's 2023 Retail Security Survey said they're researching AI-based detection analytics, with 13% reporting that they have fully implemented this type of solution.
The LVT Platform , a cloud-based, cellular-connected live video feed with AI rapid detection remote video surveillance system, works to identify potential criminal activity in video clips, which is proven to reduce crime. The physical presence and visibility of LVT Units provide active discovery, deterrence, and defense. Our outdoor cameras can be customized to address unique security issues with always-on situational motion detection awareness, including PTZ , thermal , infrared , and panoramic options.
LVT also offers a third-party monitoring service , which provides all the benefits of remote video surveillance monitoring (approved users can check in as necessary) and additional peace of mind knowing trained professionals watch the property.
And the LVT Platform works. Our customers have experienced:
· More than a 60% reduction in violent crimes on their properties
· Over 65% reduction in theft
· More than an 85% decrease in theft-related shrink costs
· Up to 69% reduction of grab-and-go thefts at specific retail locations
· A $4 million savings in a city’s cleanup costs by eliminating illegal dumping
· The identification and arrest of a serial killer
“We identify anomalies in the video footage and trigger a deterrence effect to try to stop dangerous events from happening,” LiveView Technologies Founder and CEO Ryan Porter told TechBuzz. “We have strobe lights, LED lights, and speakers that stop these occurrences. Seventy-five percent of the time these events happen we can prevent a crime from happening.”
Ready to learn why our customers trust LVT to protect their businesses? Contact our team today for a demo.
.webp)
