Video meets the Internet of Things

@machinelearnbot 

Video-analytics technology is transforming the Internet of Things and creating new opportunities. Are companies prepared to capture growth? Some of the most innovative Internet of Things (IoT) applications involve video analytics--a technology that applies machine-learning algorithms to video feeds, allowing cameras to recognize people, objects, and situations automatically. These applications are relatively new, but several factors are encouraging their growth, including the increased sophistication of analytical algorithms and lower costs for hardware, software, and storage. With video analytics becoming more important to IoT applications, we decided to examine this technology more closely.