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NEUHAUSEN, Switzerland--(BUSINESS WIRE)--Sep 15, 2022--
Sensormatic Solutions, the leading global retail solutions portfolio of Johnson Controls, has expanded its computer vision analytics offering, which focuses on driving sales, reducing risk and enhancing the shopper experience. The company’s computer vision solutions are created in partnership with Intel and optimised for retail using proprietary Sensormatic IQ artificial intelligence (AI) algorithms. With Sensormatic Solutions’ computer vision capabilities, retailers can leverage existing video infrastructure and a smart hub appliance to tap into the data needed to open a world of problem-solving solutions across the retail landscape.
First introduced in 2021, Sensormatic Solutions’ computer vision offering can be easily deployed using a smart hub device in conjunction with existing camera infrastructure, to facilitate streamlined, cost-effective adoption of next-generation AI in retail environments. Computer vision automates tasks and derives meaningful information from video footage in real time, helping to strengthen loss prevention efforts, provide insights on shopper behaviour and maintain safe environments for shoppers and assistants.
The flexible architecture of this solution allows retailers to tailor systems to their unique needs. Computer vision analytics can be used to address a wide range of real-world challenges, including customer engagement, stocking, labour allocation, loss prevention, shopper satisfaction and much more. Current capabilities include:
“We’re working side-by-side with incubator customers to identify and design timely solutions that target the most challenging retail problems; our computer vision offering allows us to solve these problems and streamline operations using existing video infrastructure,” said Subramanian Kunchithapatham, chief technology officer at Sensormatic Solutions. “The technology architecture allows retailers to add and remove computer vision analytics capabilities as needed to complement their current solutions. The latest enhancements can help retailers to learn about customer behaviour, mitigate losses and develop better shopping experiences, while also allowing them to look beyond loss prevention for video integration.”
These product enhancements come at a time when the popularity of AI-based video monitoring is growing in the retail industry. A recent study conducted by Sensormatic Solutions and Coresight found that 43% of retail leaders surveyed currently use AI to analyse in-store video, and a further 31% expect to adopt these solutions in the next 1-3 years. Sensormatic Solutions is at the forefront of this growing market and has recently been AI-Award&esheet=52900647&newsitemid=20220915005199&lan=en-US&anchor=named+one+of+Business+Innovation+Group%27s+2022+AI+Excellence+Award+winners&index=5&md5=98230ca262266765986de87334e7b191" rel="nofollow" shape="rect">named one of Business Innovation Group's 2022 AI Excellence Award winners for its computer vision capabilities.
Sensormatic Solutions’ new computer vision technologies are available now, and new use cases that address additional retail challenges are being developed for release in the near future. For more information about leveraging existing video infrastructure to improve operations, strengthen loss prevention and gain a better understanding of shopper behaviour, visit sensormatic.com/en_uk/computer-vision.
About Johnson Controls
At Johnson Controls (NYSE:JCI), we transform the environments where people live, work, learn and play. As the global leader in smart, healthy and sustainable buildings, our mission is to reimagine the performance of buildings to serve people, places and the planet.
Building on a proud history of more than 135 years of innovation, we deliver the blueprint of the future for industries such as healthcare, schools, data centers, airports, stadiums, manufacturing and beyond through OpenBlue, our comprehensive digital offering. Today, with a global team of 100,000 experts in more than 150 countries, Johnson Controls offers the world`s largest portfolio of building technology and software as well as service solutions from some of the most trusted names in the industry. Visit www.johnsoncontrols.com for more information and follow @JohnsonControls on social platforms.
About Sensormatic Solutions
Sensormatic Solutions is the leading global retail solutions portfolio of Johnson Controls powering operational excellence at scale and enabling smart and connected shopper engagement. Our intelligent digital operating platform – Sensormatic IQ – combines the full Sensormatic Solutions portfolio, including third-party data to deliver unmatched insights into shopper experience, inventory intelligence, loss prevention and operational effectiveness with advanced technologies, like AI and Machine Learning. This enables retailers to act on prescriptive and predictive data-driven outcomes to confidently move into the future. Please visit Sensormatic Solutions or follow us on LinkedIn, Twitter, and our YouTube channel.
View source version on businesswire.com:https://www.businesswire.com/news/home/20220915005199/en/
CONTACT: MediaJaclyn Messina
Sensormatic Solutions by Johnson Controls
Work: +1 561-235-6458
jaclyn.messina@jci.comMadison Southall
Sensormatic Solutions by Johnson Controls
Work: +1 954-415-5971
madison.southall@jci.comAnne Lines
Matter on behalf of Sensormatic Solutions
Work: +1-978-518-4512
jciretail@matternow.com
KEYWORD: SWITZERLAND EUROPE
INDUSTRY KEYWORD: TECHNOLOGY FINANCE BUSINESS PROFESSIONAL SERVICES AUDIO/VIDEO DATA ANALYTICS ASSET MANAGEMENT DATA MANAGEMENT ARTIFICIAL INTELLIGENCE
SOURCE: Sensormatic Solutions
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PUB: 09/15/2022 04:00 AM/DISC: 09/15/2022 04:02 AM
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