The growing use of artificial intelligence (AI)-powered video analytics over the years has radically altered and improved the operations of many processes, across industries and continents. The findings of the IHS Markit Video Surveillance Intelligence Service shows that there has been a consistent growth in the global professional video surveillance equipment market, with the worldwide market revenue jumping up from $18.2 billion in 2018 to $19.9 billion in 2019. Supply chain management, which basically refers to the handling of various processes comprising the production flow, all till the end product is finally delivered to the customer, has become smarter using the next-gen video analytics technology. Devices that are intelligently embedded with the technology, such as CCTV cameras, are automatically able to gather crucial data in real-time through video feed. The AI-based system then adds intelligence to these devices, which are also able to carefully analyse this data, recognize any kind of critical or abnormal events during any leg of the supply chain, further sending automated alerts in real time.

Wearing a mask on their faces, 2 robbers smashed the walls of the jewellery showroom and looted gold and diamond jewelleries worth INR 13 crores (USD 1.8 million). This robbery shook Tamilnadu as the store had CCTV and watchmen to prevent such mishaps. "CCTVs are like eyes without brains" says Heptagon's co-founder & C.E.O Vijayramkumar Veeraraghavan In this video,Vijay introduces A.I. based Video Analytics and Surveillance Platform - Focus Sentinel, to prevent such mishaps from happening in the future. Reach out to business@heptagon.in to know more.

As more video providers finding audiences directly through apps and the web -- and away from pay-TV-based packages -- we're seeing the emergence of more analytics to measure how those videos are delivered, and who is watching them. Conviva, a company that has developed a set machine-learning-based algorithms to do just that, today announced that it has raised $40 million from strategic, new and existing investors to continue building out its platform and business. Investors include Australia's sovereign wealth fund Future Fund, NEA, Foundation Capital, and Time Warner Investments. The company is not disclosing its valuation, but a source close to the company confirms that it is around $300 million. Conviva has raised $121 million to date. If you've had your eye on the streaming video industry for a while, you'll know that Conviva is not exactly a spring chicken.