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Vendor Spotlight 1-22-14
The D&D Daily e-Newsletter for the LP & Safety Industry
 


Vendor Spotlight
 

Business Intelligence Dreams Become Reality with Video Surveillance in Axis Communications’ Booth at NRF’s BIG Show
 

Sales increase 63 percent among retailers using BI according to IT research
 

Axis Communications, the market leader in network video, demonstrated the retail store of the future last week by bringing together retail security and business intelligence (BI) at the National Retail Federation’s (NRF) 103rd Annual Convention & EXPO, better known as Retail's BIG Show, on Jan. 12-15th.

Retailers can do more with less by leveraging their video surveillance systems for more than just traditional security. A growing industry trend, and important focus for last week’s show, is the value of using cross-functional video for marketing, operations and merchandising. In fact, retailers cited a 63 percent increase in sales as a result of BI from video surveillance, according to an IT research survey soon to be released by Axis.

“We’ve seen this trend build momentum over the past few years, but we’re finally reaching a point where these technologies are not only implemented in stores, but are producing results,” said Jackie Andersen, retail business development manager, Axis Communications, Inc. “As more departments become involved, like marketing, merchandising and operations, the cross-functional use of video is turning security systems into a valuable business tool. IP video can be an investment that pays for itself.”

Come shop at the store of the future

To demonstrate the potential of business intelligence from video surveillance, Axis launched a new booth design at Retail’s BIG Show featuring the following leading technology vendors:
 



 
Agilence, Inc. offers exception reporting software with video management and business intelligence capabilities, allowing retail managers to bridge the gap between the time of transaction and the relevant video/data streams.


 
NEC features facial detection for demographic business intelligence and analytics. Using the capabilities of Axis network cameras, the NEC facial-detection software provides purchasing suggestions and shopper analytics based on demographic data including age and gender.

 
Prism Skylabs offers cloud-powered analytics that enable retailers to optimize merchandising, improve store execution and remotely audit any display, brand or promotion in real time.

 
SimplyRFID provides an application that integrates video surveillance with Bluetooth beacons to unlock the full potential of mobile point of sale (mPOS) systems.


“The new booth design allows attendees to walk through a mock retail store and visually see as well as experience the integrated technologies that create business intelligence,” said Hedgie Bartol, retail business development manager, Axis Communications, Inc. “By bringing together leading technology vendors in the booth, we can showcase the total solution and help retailers understand how to implement and utilize the technology to meet specific needs and do more within their stores.”
 

Contacts:
Matt Flanagan
fama PR, Inc.
617-986-5002
axis@famapr.com

 

Domenic Locapo
Axis Communications Inc.
978-614-2074
dlocapo@axis.com

 

 

 

Vendor Spotlight 1-22-14
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