Unlock the Power of AI with Silent Vision
Silent Vision, developed an advanced AI system that effectively addresses the problem at hand. Our cutting-edge technology provides a solution that leverages artificial intelligence to tackle the challenges of loss prevention. Through our innovative approach, we enable businesses to enhance their surveillance capabilities and minimize losses. With Silent Vision AI system, retailers can benefit from real-time analysis, combining point-of-sale data and video footage to detect and identify theft behaviors accurately. By continuously updating and adapting to changing environments, our integrated software system ensures optimal performance in recognizing complex human activities, including concealed object detection. With Silent Vision AI-powered solution, businesses can stay one step ahead, proactively mitigating risks and protecting their assets with utmost efficiency and precision.
Silent Vision: AI-powered Video Analytics
The task of real-time analysis for each camera has become overwhelming due to human limitations, primarily in visual focus. The human gaze is restricted to concentrating on a single point at a time. Despite having large screens and high-resolution cameras, an individual can only observe a limited portion of the image simultaneously. Thieves are well aware that continuously monitoring all video footage is a challenging task, especially for SMBs like retailers, grocery stores, and convenience stores, diminishing the technology's effectiveness as a deterrent. Additionally, in the SMB sector, continuous video monitoring is impractical, and there are often areas not covered by CCTV. Retailers are hesitant to install more cameras when they cannot monitor all the footage effectively.
The SL (Shoplifting) solution is optimized for both SMB and large market sectors, encompassing convenience stores, supermarkets, and gadget stores. VqID SL delivers a comprehensive solution for autonomous monitoring and detecting unusual events in real time. It effectively alerts on a range of scenarios, particularly in shoplifting incidents. An example of its capability includes identifying a situation where a customer discreetly steals an alcoholic beverage and hides it in a bag, ensuring vigilant monitoring without the necessity for human supervision.
Silent Vision: AI-powered Video Analytics
R I S E O F R E T A I L S H R I N K A G E
Loss prevention strategies require continuous adaptation to address the growing issue of retail "shrinkage," which refers to inventory loss due to various factors such as employee theft, shoplifting, errors, and damage. The Center of Retail Research estimates that shrinkage costs the UK nearly £5.2 billion annually and over $100 billion globally, with external theft accounting for 34.6% of the total loss. Home, garden, and auto stores (2.65% of revenue) and consumer electronics (2.32% of revenue) experience the highest shrink rates.
The economic effect of retail crime is significant, with retailers in the UK alone losing £2.2 billion last year and over $60 billion across the US and Europe. This crucial issue demands immediate attention from retailers. Not only are they losing a substantial portion of their revenue to crime, but they are also spending increasing amounts on loss prevention, with expenditures reaching £1.2 billion, a 20% increase from the previous year. Retailers are shouldering the burden as police and government responses have been inadequate. A recent survey conducted by the BRC revealed that 70% of retailers considered the police response to be "poor" or "extremely poor." Since police investigations currently exclude crimes under £200, retailers must ensure their loss prevention systems are up to date to minimize additional losses.
Silent Vision: AI-powered Video Analytics
Our solution is specifically optimized for SMB markets, including convenience stores, small supermarkets, and gadget stores.
It offers SMBs a comprehensive monitoring and detection solution for identifying unusual events in real-time, eliminating the need for human supervision. Silent Vision's system alerts on various scenarios and provides an example of a shoplifting incident where a customer steals an alcoholic beverage and conceals it in a bag. When theft is detected, the system generates a detailed crime timeline that can be used as evidence and sends it to the shop owner.
The system continuously monitors basic customer activities in the store, including routine actions such as taking items off the shelf, returning items to the shelf, and examining items. It also monitors and reports in real-time on theft incidents, which are classified as crime lapses.
Silent Vision Anti-Theft system include advanced computer vision capabiltys of AI models specifically designed for convenience stores and supermarkets, enabling real-time alerting on theft incidents captured by surveillance cameras.
Silent Vision: Video Analytics Anti-theft system
. By employing sophisticated video analytics, the system meticulously monitors customer behavior in real time, detecting potential theft as it happens. It seamlessly integrates with existing surveillance infrastructure, scanning for specific patterns and actions that signal shoplifting or other forms of theft. Upon detection, immediate alerts are dispatched to store personnel, enabling prompt intervention. This not only deters potential thieves but also enables a more proactive approach to security, reducing shrinkage and enhancing the overall safety of the retail space. Silent Vision's solution transforms traditional surveillance into a dynamic loss prevention system, offering retailers a vigilant and intelligent defence against theft.
Services
Silent Vision AI Analytics
Silent Vision AI Analytics is a revolutionary AI-powered video analytics service designed to help you gain valuable insights from your videos. With our advanced machine learning technology and robust analytics platform, you can gain insights into viewer engagement, behavior, and trends, all in real-time. Unlock the hidden potential of your videos and gain a deeper understanding of your viewers with Silent Vision AI Analytics.
See Beyond with Silent Vision
Silent Vision's See Beyond with Silent Vision service provides AI-powered video analytics to help you monitor and analyze video footage like never before. With our advanced technology, you can gain valuable insights into your footage and detect any anomalies or potential threats with ease. Get a deeper understanding of your data and take your security to the next level with Silent Vision.
AI-Powered Video Insights
Silent Vision's AI-Powered Video Insights provides powerful video analytics to businesses, giving them the ability to gain valuable insights from their video data. Our AI-based technology provides businesses with actionable insights from their video content, such as facial recognition, object tracking, and sentiment analysis. With the help of our AI-powered video analytics, businesses can make more informed decisions and optimize their video content.