TECH SUPPLIER Jul 2022 - Market Perspective - Doc # US47700422
Video Surveillance in Business Intelligence: Video Data as a Corporate Asset
This IDC Market Perspective highlights the importance of video data in business intelligence. Enterprises are increasingly utilizing video surveillance data to inform business planners on the state of business operations. Analysis that deals with topics such as facility utilization, inventory control, and manufacturing process efficiency can all benefit from the insights that video data can provide. Yet deriving meaning from video data is not a simple exercise, and care must be given to how video will be integrated into the planning and business analysis processes.
According to Mike Jude, research director for Video Surveillance and Vision Applications at IDC, "Video data is becoming an extremely valuable source of business intelligence. Video data can be used to optimize the production of products, track inventory, and detect potential threats to enterprise facilities. However, this is only possible when the desired outcomes are clear and where solution providers ensure that technology integrates seamlessly and in a way that is easy to implement."