Iveda Unveils the Magic of IvedaAI™: An Industry First in Human-Like, Compute-Efficient AI Video Analytics
Iveda (NASDAQ: IVDA) announces significant updates to IvedaAI, its video analytics technology platform. The enhanced system combines object recognition models with proprietary Large Language and Vision Language Models to deliver advanced video detection, search, and alerts. The next version will be available in beta in January 2025, with full rollout in Spring 2025.
Key features include a conversational virtual assistant, automated camera discovery, and smart scene scanning for large-scale deployments. The platform targets applications in smart cities, educational campuses, and retail sectors, offering capabilities like traffic monitoring, security enhancement, and retail operations tracking.
Iveda (NASDAQ: IVDA) annuncia aggiornamenti significativi per IvedaAI, la sua piattaforma di tecnologia per l'analisi video. Il sistema potenziato combina modelli di riconoscimento degli oggetti con modelli proprietari di linguaggio di grandi dimensioni e linguaggio visivo per offrire una rilevazione video avanzata, ricerca e notifiche. La prossima versione sarà disponibile in beta a gennaio 2025, con il lancio completo nella primavera del 2025.
Le funzionalità chiave includono un assistente virtuale conversazionale, scoperta automatizzata delle telecamere e scansione intelligente delle scene per implementazioni su larga scala. La piattaforma è destinata a applicazioni in città intelligenti, campus educativi e settori retail, offrendo capacità come monitoraggio del traffico, miglioramento della sicurezza e tracciamento delle operazioni commerciali.
Iveda (NASDAQ: IVDA) anuncia actualizaciones significativas para IvedaAI, su plataforma de tecnología de análisis de video. El sistema mejorado combina modelos de reconocimiento de objetos con modelos de lenguaje grande y lenguaje visual propietarios para ofrecer detección, búsqueda y alertas de video avanzadas. La próxima versión estará disponible en beta en enero de 2025, con un lanzamiento completo en primavera de 2025.
Las características clave incluyen un asistente virtual conversacional, descubrimiento automatizado de cámaras y escaneo inteligente de escenas para implementaciones a gran escala. La plataforma está dirigida a aplicaciones en ciudades inteligentes, campus educativos y sectores minoristas, ofreciendo capacidades como monitoreo de tráfico, mejora de la seguridad y seguimiento de operaciones comerciales.
Iveda (NASDAQ: IVDA)은 비디오 분석 기술 플랫폼인 IvedaAI에 대한 중요한 업데이트를 발표했습니다. 이 향상된 시스템은 객체 인식 모델과 독자적인 대규모 언어 모델 및 비전 언어 모델을 결합하여 고급 비디오 감지, 검색 및 알림을 제공합니다. 다음 버전은 2025년 1월에 베타 버전으로 사용 가능하며, 2025년 봄에 전체 롤아웃 될 예정입니다.
주요 기능으로는 대화형 가상 비서, 자동 카메라 발견 및 대규모 배포를 위한 스마트 장면 스캐닝이 포함되어 있습니다. 이 플랫폼은 스마트 시티, 교육 캠퍼스 및 소매 부문에서의 응용 프로그램을 목표로 하여, 교통 모니터링, 보안 향상 및 소매 운영 추적과 같은 기능을 제공합니다.
Iveda (NASDAQ: IVDA) annonce des mises à jour significatives pour IvedaAI, sa plateforme de technologie d'analyse vidéo. Le système amélioré combine des modèles de reconnaissance d'objets avec des modèles propriétaires de langage naturel et de vision pour offrir des détections, recherches et alertes vidéo avancées. La prochaine version sera disponible en version beta en janvier 2025, avec un déploiement complet au printemps 2025.
Les fonctionnalités clés comprennent un assistant virtuel conversationnel, une découverte automatique des caméras et une numérisation intelligente des scènes pour des déploiements à grande échelle. La plateforme cible des applications dans les villes intelligentes, les campus éducatifs et le secteur de la vente au détail, offrant des capacités telles que la surveillance du trafic, l'amélioration de la sécurité et le suivi des opérations de vente.
Iveda (NASDAQ: IVDA) kündigt bedeutende Updates für IvedaAI, seine Plattform für Videoanalyse-Technologie, an. Das verbesserte System kombiniert Objekterkennungsmodelle mit proprietären großen Sprach- und Bildmodellen, um fortschrittliche Videoerkennung, -suche und -warnmeldungen bereitzustellen. Die nächste Version wird im Januar 2025 in der Beta-Version verfügbar sein, mit einem vollständigen Rollout im Frühjahr 2025.
Zu den Schlüsselmerkmalen gehören ein konversationeller virtueller Assistent, automatisierte Kamerasuche und intelligente Szenenprüfung für großflächige Implementierungen. Die Plattform zielt auf Anwendungen in Smart Cities, Bildungscampussen und Einzelhandelssektoren ab und bietet Funktionen wie Verkehrsüberwachung, Sicherheitsverbesserung und Verfolgung von Einzelhandelsoperationen.
- Launch of advanced AI video analytics platform combining object recognition with LLM/VLM technology
- Automated deployment capabilities for large-scale operations
- Cost-efficient compute architecture compared to competitors
- Versatile applications across multiple sectors (smart cities, education, retail)
- Product not available until 2025, indicating delayed revenue impact
- Beta testing phase suggests potential initial limitations or bugs
Insights
The announcement of IvedaAI's next-generation platform represents an interesting technological development, but its actual market impact remains speculative. While the integration of LLMs and VLMs with traditional object recognition shows promise, the Spring 2025 release timeline means no immediate revenue impact. The platform's key differentiators - compute efficiency and automated deployment capabilities - could potentially reduce implementation costs for large-scale projects, but success will depend on real-world performance and market adoption.
The technology's focus on smart cities, education and retail sectors indicates strategic positioning in high-growth markets. However, competition in the AI video analytics space is intense, with established players like Milestone and Genetec. The platform's automated intelligence and generative AI features are compelling, but the extended timeline to market launch creates uncertainty about maintaining technological edge in a rapidly evolving AI landscape.
IvedaAI combines core object recognition models with proprietary, tuned Large Language and Vision Language Models (LLMs and VLMs) to unlock near-limitless possibilities for complex video detection, search and alerts.
“Like magic, IvedaAI is both extraordinarily scalable and cost-efficient.” said David Ly, CEO of Iveda, “Others may attempt to apply open AI models to video analytics. IvedaAI stands alone in combining accurate object-based models with tuned generative AI to provide unmatched accuracy across a boundless array of security, safety and operational applications. We embed this next generation video intelligence in a compute efficient architecture that translates to the most robust offering at the lowest cost possible.”
The next era of IvedaAI will be available in beta this January 2025 with full roll-out following in Spring 2025. This update redefines ease of use with a conversational virtual assistant and platform intelligence that will automatically discover cameras, map them to the VMS, and automatically configure analytics functions with a new smart scene scan. This automated intelligence enables accelerated deployment at thousand-camera plus scale for smart city and large-scale operational deployments.
"AI has been at the heart of IvedaAI since its inception in 2015—long before it became the industry trend,” said Richard Tsay, Director of Product Development at Iveda. “Our engineering team has achieved something truly magical, creating a platform that balances compute efficiency with the power of generative AI. We continue to stay ahead of the curve, delivering a solution that is robust, feature-rich, and adaptable across environments—from cloud and edge devices to Kubernetes and SaaS. IvedaAI is the most intelligent, flexible and cost-effective solution available today.”
IvedaAI Transforms Smart Cities, Educational Campuses, Retail, and More
- Smart Cities: IvedaAI helps cities monitor traffic and enhance safety, with rich accident detection and intersection, freeway and traffic data, to improve traffic flow, increase road safety, reduce the liability burden, reduce traffic analysis costs and speed up emergency response.
- Educational Campuses: IvedaAI boosts school security with advanced detection that distinguishes between events (like a pep rally vs. a fight), minimizes false alarms, and offers genAI-boosted weapon detection to keep students and staff safe.
- Retail: IvedaAI’s user-friendly interface to track inventory and retail operations, study store traffic patterns, and allow staff to set up custom security alerts with an intuitive chat interface, such as “person in a red hoodie and black jeans with a blue tote bag lingering at the entrance.”
IvedaAI’s orchestrated video intelligence eliminates the need to train new models for unique applications, detecting behaviors as diverse as livestock tracking to materials inspection to process or inventory monitoring. This adaptability continues to redefine how cities and organizations can leverage AI.
IvedaAI™ is here to redefine what AI can do for you. Inquire about the beta at sales@iveda.com.
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
View source version on businesswire.com: https://www.businesswire.com/news/home/20241113756933/en/
Media Contacts
Olivia Civiletto Erwin
olivia@dottedlinecomm.com
716.785.1108
Source: Iveda
FAQ
When will IvedaAI's new version be released?
What are the main applications of Iveda's (IVDA) new AI platform?
What technology does Iveda's (IVDA) new AI system use?
