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Tag: Artificial Intelligence (AI)


Comcast partners with Eagle Eye Networks, C2RO, on AI video analytics solution

Monitoring

Comcast partners with Eagle Eye Networks, C2RO, on AI video analytics solution

July 2, 2024SSN Staff

PHILADELPHIA — Comcast Smart Solutions, a division of Comcast that specializes in smart technologies for businesses and communities, announced expanded strategic relationships with Eagle Eye Networks and C2RO to provide customers with a new, broader set of artifical intelligence (AI) video analytics solutions. "As technology continues to innovate and industries continue to face new challenges, organizations must reassess how they are using and managing their video and analytics systems,”...

Artificial Intelligence (AI), C2RO, Comcast, Dean Drako, Eagle Eye Networks (EEN), Riccardo Badalone, Video Analytics


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Physical Access Control Report from HID highlights top 5 trends

July 1, 2024SSN Staff

AUSTIN, Texas — HID has released its 2024 State of Physical Access Control Report, which identifies five key trends that it says are shaping the future of access control. Produced by IFSEC Global in partnership with HID, the report surveyed over 1,200 security professionals across the globe. Conducted between November 2023 and January 2024, the survey reveals five trends, as follows: Mobile access and digital ID set to become ubiquitous According to this report, nearly 2 in 5 organizations...

Artificial Intelligence (AI), biometrics, HID, Physical Access Control, smart buildings, survey


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Axelera AI raises $68 million Series B funding

Commercial

Axelera AI raises $68 million Series B funding

June 27, 2024SSN Staff

SILICON VALLEY, Calif. and EINDHOVEN, Netherlands — Axelera AI, a provider of purpose-built artificial intelligence (AI) hardware acceleration technology for generative AI and computer vision inference, has announced its successful close of an oversubscribed $68 million Series B financing round. This latest round brings the total amount raised to $120 million. Axelera AI has spent the past three years building a team of 180+ employees (including 55+ PhD’s with more than 40,000 citations...

Artificial Intelligence (AI), Axelera AI, Fabrizio Del Maffeo, Generative AI, Marco Chisari, Series B Funding round, Surveillance


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Milestone Systems and Arcules to reunite in merger

Monitoring

Milestone Systems and Arcules to reunite in merger

June 27, 2024SSN Staff

COPENHAGEN, Denmark, and IRVINE, Calif. — Global video technology company Milestone Systems has announced that it will merge with cloud-based video surveillance solutions provider Arcules, effective July 1, 2024. Based in Irvine, California, Arcules was spun out from Milestone in 2017. Now, following that split from each other, the companies say that the merger brings together Milestone and Arcules' capabilities within video management software (VMS), video analytics and video surveillance...

Andreas Pettersson, Arcules, Artificial Intelligence (AI), Cloud-Based, Milestone Systems, Thomas Jensen, Video management software (VMS), Video Surveillance


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Axis Communications celebrates 40th anniversary

Monitoring

Axis Communications celebrates 40th anniversary

June 25, 2024SSN Staff

CHELMSFORD, Mass. —Axis Communications, a provider of IoT, cloud and AI in video surveillance, is celebrating its 40th anniversary. Originally founded in 1984, over the past four decades Axis has introduced a number of innovations beginning with the world's first network camera in 1996, which spawned an industry and triggered the shift from analog to IP-based video surveillance. According to Axis it has since launched many other “world’s firsts” including the first...

anniversary, Artificial Intelligence (AI), Axis Communications, Cloud, Fredrik Nilsson, Internet of Things (IoT), Video Surveillance


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‘Spending wisely but slowly’-SSN readers weigh in on Q1

General News

‘Spending wisely but slowly’ - SSN readers weigh in on Q1

June 19, 2024Ken Showers, Managing Editor

YARMOUTH, Maine - Reports that came out of the first quarter of 2024 were a mixed bag for most companies in the security industry. As organizations increasingly tighten belts and return to the fundamental parts of their business, Security Systems News (SSN) has turned to readers in the July News Poll to provide their outlook on the first quarter of 2024. Interestingly, in spite of growing AI adoption there was a general agreement that traditional industry segments performed the best in the...

Artificial Intelligence (AI), Cybersecurity, First Quarter (Q1), News Poll, Security Systems News (SSN)


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Milestone Systems funds research project at University of Aalborg

Monitoring

Milestone Systems funds research project at University of Aalborg

June 14, 2024SSN Staff

COPENHAGEN — The University of Aalborg, Denmark, has been honored for advancements in Harbor Safety Technology through a collaborative project with Milestone Systems. In a release from Milestone the company specified its video technology and synthetic datasets deployed in a Danish harbor were recently awarded the Danish Spar Nord Foundation Research Award for research into detecting fatal accidents in harbors using Artificial Intelligence (AI)-trained models for thermal cameras. Milestone...

Artificial Intelligence (AI), Milestone Systems, Neelu Madan, Rahul Yadav, thermal cameras, University of Aalborg, video technology


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Verkada releases cloud physical security report, announces award program

Monitoring

Verkada releases cloud physical security report, announces award program

June 6, 2024SSN Staff

SAN MATEO, Calif. — Verkada has shared the results of its 2024 State of Cloud Physical Security report, as well as introduced its first annual awards program. Verkada’s 2024 State of Cloud Physical Security is based on insights from IT and physical security leaders across various sectors. The findings look at current trends, insights, and challenges within the industry as it goes through the “inevitable” transition of physical security from on-premise setups to feature-rich,...

Artificial Intelligence (AI), Cloud, cyber readiness, Physical Security, Safety Champion Awards, Verkada


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Drako on Cobalt AI: ‘An open platform is a winning strategy’

Monitoring

Drako on Cobalt AI: ‘An open platform is a winning strategy’

June 5, 2024Ken Showers, Managing Editor

YARMOUTH, Maine — Dean Drako is a man with his thumb on the pulse of the security industry, and with his recent acquisition of Cobalt AI, he sees a diamond worth polishing.  The president and CEO of Eagle Eye Networks, IC Manage and Drako Motors, and now chairman of Cobalt AI, talked to Security Systems News (SSN) about this most recent addition to his portfolio, what drew him to the company and why he changed its name.  SSN: In a press release you mentioned that you were searching...

Artificial Intelligence (AI), Cobalt AI, Dean Drako, Eagle Eye Networks (EEN), interview, Mergers & Acquisitions, monitoring, security industry, Security Systems News (SSN)


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Monitoring Matters

App-ology

June 5, 2024Ken Showers, Managing Editor

Give me your tired, your poor, your huddled masses, only please don’t send me any more apps, because I think I’ve hit my limit. This week I yearn to breath the air of freedom from software applications because I can’t seem to escape writing about everyone’s new app. You might think I’m exaggerating, and you’d be right, I’m not spending my time talking about new apps soon to infest people’s smartphones, and that’s because I’m spending...

app, Artificial Intelligence (AI), DOOR, Latch, software


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