Thursday 3 October 2013

Intro

Video Analytics 101


Video Analyitcs : under these two almost mysterious words hides a revolutionary technological upturn, which will soon affect all our lives. Despite the fact that this concept is in its early stage of development even now we can find some examples of usage of this technology in some very different environments.

VCA (video content analytics) is a truly brilliant and universal technology that brings monitoring to a whole new level. Not only will it prove useful to strengthen security in the cities (detect motion, find possibly dangerous abandoned luggage at the airport) help manage them (analyze traffic), but it even can be used to cater to our more trivial everyday needs (for instance entertainment: Xbox Kinect/PS Move controller).

So how does it work?

Very Simple: video analytics is a process of analyzing algorithms and images recorded by cameras with  a complex  software developed specifically for this purpose. More infomation on this will be provided in the upcoming blog, with great videos and infograms.
In our competitive environment every behavioral pattern or trend can be used for intelligent management. Sellers as well as managers are looking for opportunities to cut expenses, increase security and effectiveness. Programs such as VCA’s will certainly help them plan their strategies and take important business decisions”.[1]
Despite being on the entry level of its development this technology has a huge potential, which should not be underestimated. That is why we, students at the IE Business School have decided to deeply research this topic and start a blog about this remarkable innovation. The future starts now, and we will be here to bring it to you every week with updates on the development and implications of this exciting new technology  




[1] http://www.frost.com/prod/servlet/press-release.pag?docid=140800305

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