Improve decision making

Video Analytics for Business Intelligence

Video Analytics for Business Intelligence, an intelligent system, based on web platform

Business Intelligence (BI), is the set of applications, technologies and methodologies capable of gathering and transforming data into valuable and structured information to be used and analyzed directly. In this way, the information is converted into valuable data for decision making.

BI allows you to visualize data in an easily interpretable way based on indicators represented with graphic resources.

The basic objective of BI is to continuously support organizations to improve their competitiveness, providing the necessary information for decision making.

How business intelligence is applied

Business Intelligence tools are software that collect and process a large amount of unstructured data, which can come from various sources of the video surveillance system: camera analytics, server analytics, and health indicators of the hardware elements of the system. They can also come from third party systems, unrelated to CCTV, but which are integrated with the latter: transaction data from POS, ATMs, databases with company business data, etc.

This BI software helps transform this data into more easily interpretable information, which can be turned into reports, dashboards, graphs, and other versions that facilitate analysis.

Benefits of Video Analytics for Business Intelligence

More and more businesses are seeing the need to invest in data analytics solutions for one simple reason: information is power. Thanks to it we can have total control of the data and increase the knowledge of the company, as well as:

– Save time and costs.
– Have better situational awareness.
– Achieve verified, transparent and reliable results.
– Improve the service offered to customers.
– New business opportunities.

When a decision-maker has to make a decision, he/she asks for or seeks information, which will help to reduce uncertainty. However, although everyone uses it, not all managers collect the same information; it depends on factors such as experience, training, availability, etc.

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