Vision247 - AI Powered Loss Prevention
The Problem:
Shoplifting is a persistent problem plaguing retailers in Ireland and across the globe. In Ireland alone, shoplifting costs retailers over €250 million each year. Traditional security measures, like CCTV cameras and security guards, often prove inadequate in combating this growing problem. Human error, inattentiveness, and the sheer volume of in-store activity make it incredibly difficult to detect shoplifting incidents in real time. In fact, less than 2% of thefts are detected in real-time using these conventional methods. Moreover, the deterrent effect of such measures tends to fade over time as shoplifters become more brazen in their tactics.
The Solution:
Introducing Vision247, a revolutionary, AI-powered loss prevention solution designed to empower retailers with real-time detection and proactive security measures. Vision247 harnesses the power of artificial intelligence to analyse video feeds from your existing CCTV system, identifying suspicious gestures and activities associated with shoplifting and notifying you immediately.
Vision247 seamlessly integrates with your existing CCTV infrastructure, requiring minimal setup time and effort.
Here's how it works:
-
Installation: Our expert team installs a Vision247 AI Box on-site and connects it to your store's video recorder, synchronising the software with your existing cameras. You can choose which specific cameras in your store you'd like to have monitored by the AI software.
-
Real-Time Monitoring and Detection: Vision247's advanced algorithms continuously analyse video feeds from your designated cameras, identifying suspicious gestures such as concealment of items.
-
Instant Alerts: Upon detection of suspicious behaviour, the system immediately sends a video alert to a designated tablet, phone, or computer within your store.
-
Rapid Response: These real-time alerts, presented as short video clips, allow your staff to quickly assess the situation, identify the suspect, and make an informed decison on how best to react.
How Vision247 Works:
The Benefits to your business
By choosing Vision247, you're gaining a powerful ally in the fight against shoplifting, empowering your business with numerous benefits:
-
Real-Time Detection and Alerts: Stay one step ahead of shoplifters with immediate notifications, enabling your team to respond proactively and prevent losses.
-
Increased Apprehensions: Vision247's effectiveness has been proven to significantly increase apprehension rates. In one case study, a duty-free shop using Vision247 tripled their number of arrests in just three months.
-
24/7 Monitoring: Enjoy unparalleled security with Vision247's continuous operation, 24 hours a day, 7 days a week, 365 days a year. Eliminate the limitations of human fatigue and inattentiveness, ensuring constant vigilance.
-
Proactive Loss Prevention: Stay ahead of the curve with Vision247's ability to detect evolving shoplifting techniques. Our AI algorithms are constantly learning and improving, ensuring that you have the most up-to-date protection available.
-
Objective and Unbiased: Vision247 analyses gestures, not individuals. Our technology does not use facial recognition, customer tracking, or identity registration, ensuring fair and ethical monitoring practices.
-
Data Security and Privacy: Protecting your customers' privacy is paramount. Veesion, the company behind Vision247, guarantees compliance with all GDPR regulations and employs robust data security measures.
-
Peace of Mind: Focus on running your business with the confidence that Vision247 is providing a vigilant and reliable security presence, protecting your profits and your peace of mind.
Available Packages
Vision247 offers flexible packages to suit the specific needs and budget of your business:
-
Bronze: Coverage for up to 9 cameras.
-
Silver: Coverage for up to 15 cameras.
-
Gold: Coverage for up to 25 cameras.
-
Platinum: Coverage for up to 35 cameras.
If you wish to find out more or receive a quote for your store please fill out your details below and a member of our sales team will be in touch.