Iveda Launches IvedaAI™ Forensics Desk, Equipping Law Enforcement with Accessible AI-Powered Crime Fighting Tools Across the Philippines
Iveda (NASDAQ:IVDA) has launched IvedaAI™ Forensics Desk, an AI-powered tool for law enforcement in the Philippines. This technology provides intelligent video search, facial and license plate recognition, and target object search, enhancing crime-solving capabilities. The Forensics Desk, priced at $17,000 USD, can analyze video footage from various sources within seconds.
Iveda is in talks with multiple agencies and businesses across the Philippines, with several government sales expected by fall 2024. The company aims to tap into the growing global video surveillance market, projected to reach $16.3 billion USD by 2028. This initiative aligns with Iveda's mission to make AI technology more accessible and enhance public safety.
Iveda (NASDAQ:IVDA) ha lanciato IvedaAI™ Forensics Desk, uno strumento basato su IA per le forze dell'ordine nelle Filippine. Questa tecnologia offre ricerca video intelligente, riconoscimento facciale e delle targhe, e ricerca di oggetti target, migliorando le capacità di risoluzione dei crimini. Il Forensics Desk, che ha un prezzo di 17.000 USD, può analizzare filmati video provenienti da varie fonti in pochi secondi.
Iveda è in trattativa con diverse agenzie e aziende nelle Filippine, con molte vendite governative previste entro autunno 2024. L'azienda punta a sfruttare il crescente mercato globale della videosorveglianza, che si prevede raggiunga 16,3 miliardi USD entro il 2028. Questa iniziativa è in linea con la missione di Iveda di rendere la tecnologia IA più accessibile e migliorare la sicurezza pubblica.
Iveda (NASDAQ:IVDA) ha lanzado IvedaAI™ Forensics Desk, una herramienta impulsada por IA para las fuerzas del orden en Filipinas. Esta tecnología proporciona búsqueda de video inteligente, reconocimiento facial y de matrículas, y búsqueda de objetos objetivo, mejorando las capacidades para resolver crímenes. El Forensics Desk, que tiene un precio de 17,000 USD, puede analizar grabaciones de video de varias fuentes en cuestión de segundos.
Iveda está en conversaciones con múltiples agencias y negocios en Filipinas, con varias ventas gubernamentales esperadas para otoño de 2024. La compañía busca aprovechar el creciente mercado global de vigilancia por video, que se proyecta alcanzará 16.3 mil millones USD para 2028. Esta iniciativa está alineada con la misión de Iveda de hacer que la tecnología IA sea más accesible y mejorar la seguridad pública.
Iveda (NASDAQ:IVDA)는 필리핀의 법 집행 기관을 위한 AI 기반 도구인 IvedaAI™ Forensics Desk를 출시했습니다. 이 기술은 지능형 비디오 검색, 얼굴 및 번호판 인식, 목표 객체 검색 기능을 제공하여 범죄 해결 능력을 향상시킵니다. Forensics Desk는 17,000 USD에 판매되며 다양한 출처의 비디오 영상을 몇 초 안에 분석할 수 있습니다.
Iveda는 필리핀 전역의 여러 기관 및 기업과 논의 중이며, 2024년 가을까지 몇 가지 정부 판매가 예상됩니다. 이 회사는 2028년까지 163억 달러에 이를 것으로 예상되는 성장하는 글로벌 비디오 감시 시장을 활용하는 것을 목표로 하고 있습니다. 이 이니셔티브는 AI 기술을 더 접근하기 쉽게 하고 공공 안전을 강화하려는 Iveda의 사명과 일치합니다.
Iveda (NASDAQ:IVDA) a lancé IvedaAI™ Forensics Desk, un outil alimenté par IA pour les forces de l'ordre aux Philippines. Cette technologie permet une recherche vidéo intelligente, la reconnaissance faciale et des plaques d'immatriculation, ainsi qu'une recherche d'objets ciblés, améliorant ainsi les capacités de résolution des crimes. Le Forensics Desk, au prix de 17 000 USD, peut analyser des séquences vidéo provenant de diverses sources en quelques secondes.
Iveda est en pourparlers avec plusieurs agences et entreprises aux Philippines, et plusieurs ventes gouvernementales sont attendues d'ici l'automne 2024. L'entreprise vise à tirer parti du marché mondial de la vidéosurveillance, dont la valeur est estimée à 16,3 milliards USD d'ici 2028. Cette initiative s'inscrit dans la mission d'Iveda de rendre la technologie IA plus accessible et d'améliorer la sécurité publique.
Iveda (NASDAQ:IVDA) hat IvedaAI™ Forensics Desk eingeführt, ein KI-gestütztes Werkzeug für die Strafverfolgung auf den Philippinen. Diese Technologie bietet intelligente Videoanalyse, Gesichtserkennung und Nummernschilderkennung sowie gezielte Objektsuche, wodurch die Kriminalitätsbekämpfung verbessert wird. Der Forensics Desk, der 17.000 USD kostet, kann Videomaterial aus verschiedenen Quellen innerhalb von Sekunden analysieren.
Iveda führt Gespräche mit mehreren Behörden und Unternehmen auf den Philippinen, wobei mehrere staatliche Verkäufe bis Herbst 2024 erwartet werden. Das Unternehmen möchte den wachsenden globalen Markt für Videoüberwachung erschließen, der voraussichtlich bis 2028 16,3 Milliarden USD erreichen wird. Diese Initiative steht im Einklang mit Ivedas Ziel, KI-Technologie zugänglicher zu machen und die öffentliche Sicherheit zu erhöhen.
- Launch of IvedaAI™ Forensics Desk, an AI-powered tool for law enforcement in the Philippines
- Potential for multiple sales to government agencies and businesses across the Philippines
- Tapping into the growing global video surveillance market, expected to reach $16.3 billion USD by 2028
- Forensics Desk priced at $17,000 USD, offering a cost-effective AI solution for law enforcement
- Slow adoption of AI by law enforcement agencies globally may impact sales growth
- Competitive market with other AI-powered surveillance solutions potentially available
Iveda's launch of the IvedaAI™ Forensics Desk in the Philippines marks a significant step in bringing advanced AI-powered crime-fighting tools to local law enforcement. The product's key features, including intelligent video search, facial and license plate recognition and target object search, address important needs in modern policing.
What sets this product apart is its accessibility and versatility. The ability to connect with various video sources, from smartphones to USB drives, makes it highly adaptable to different scenarios. Its compact, mobile design (about half the size of a speaking podium) enhances its practicality for deployment in various environments.
At a price point of
However, the success of this product will largely depend on:
- The accuracy and reliability of its AI algorithms in real-world scenarios
- The ease of integration with existing law enforcement systems
- The ability to address potential privacy concerns associated with AI-powered surveillance
- The level of training and support provided to law enforcement personnel
While the product shows promise, investors should closely monitor its adoption rate and performance in real-world applications to gauge its long-term market potential.
The launch of IvedaAI™ Forensics Desk aligns well with the growing global video surveillance market, which is projected to reach
Key factors to consider:
- Market Penetration Strategy: Iveda's approach of targeting various sectors including government units, banks, shopping malls and hotels demonstrates a comprehensive market penetration strategy.
- Timing: With several government sales expected by fall 2024, the company is positioning itself for potential revenue growth in the near future.
- Competitive Advantage: The product's unique features and accessibility could provide a competitive edge in a market where AI adoption by law enforcement has been traditionally slow.
However, investors should be aware of potential challenges:
- Adoption Rate: The success of the product heavily depends on overcoming the typically slow AI adoption rate in law enforcement.
- Market Saturation: As AI technologies become more prevalent, competition in this space may intensify.
- Regulatory Landscape: Changes in privacy laws or regulations regarding AI use in law enforcement could impact the product's market potential.
Overall, while the product shows promise, its success will depend on Iveda's ability to execute its strategy effectively and navigate potential market and regulatory challenges.
An AI solution providing accurate analysis of video footage, strengthening security and operational efficiency
The global video surveillance market is expected to reach
Iveda AI Forensics Desks can be used in a wide variety of scenarios, especially as local police units face the challenge of efficiently analyzing vast amounts of video footage to solve crime. For example, if a theft occurs at a busy market and bystanders record the event on their phones, they can bring this footage to police officers who can use the Forensics Desk to quickly analyze the video, identifying the suspect's face and vehicle within minutes.
The IvedaAI Forensics Desk offers a unique combination of rapid real-time search capabilities, intuitive interface, and seamless integration with various video sources. Whether someone brings SD cards, discs, USB sticks, or their cell phone, the IvedaAI Forensics Desk can connect and instantly begin providing high level analysis and alerts. When the system is unfolded, it resembles a mobile standing desk, and is about half the size of a speaking podium, making it easy to manage and deploy in different environments. IvedaAI Forensics Desks retails for
“Iveda’s mission has always been to make AI-powered technology more accessible. Now, with IvedaAI Forensics Desk, law enforcement officials throughout
"The IvedaAI Forensics Desk is a must-have tool for any company, organization, or government entity deploying CCTV Surveillance System,” added Timmy Evangelista, the Chief Technology Officer of Iveda Philippines. “This technology is uniquely valuable for law enforcement and security officials operating in high-traffic, tourist locations given the nature of crime that tends to occur in these highly populated areas. I believe the Forensics Desk will truly transform the way local police units, known as barangays, handle video evidence. There are over 42,000 barangays that can use the IvedaAI Forensics Desk to make crime resolution faster and more efficient across the nation of
To learn more or to acquire the IvedaAI Forensics Desk, potential customers can contact sales@iveda.com or visit the website.
About Iveda Solutions®
Iveda (NASDAQ:IVDA) is the provider of global solutions for cloud-based, video AI search and surveillance technologies that protect the people, places, and things that matter the most. Iveda’s technology has the power to provide instant intelligence to existing infrastructure, enabling cities and organizations around the world to seamlessly enter the fifth industrial revolution. Iveda operates at the forefront of digital transformation of cities across the world, using IoT platforms with smart sensors and devices developed to aid with use cases surrounding public safety, security, elderly care, energy efficiency, and environment preservation. Headquartered in
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Olivia Civiletto Erwin
olivia@dottedlinecomm.com
716.785.1108
Source: Iveda
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