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Especially those that tap into the potential of theirdatato generate valuable insights.
They apply advanced analytics that deliver insights almost instantly to better operations, limit costs and boost revenue.
When implemented in factories, these solutions carry various advantages.
After filming the production process, leaders can collect data for analysis.
Consequently, they can understand which stages of production are inefficient and then work to prevent bottlenecks.
Data collected may also predict upcoming machinery issues, ensuring systems are upgraded as necessary.
On a mass scale, improving production efficiency drives much greater outputs and profits.
This can give factories access to better insurance policies and help to improve their reputation for staff welfare.
Inproject managementand planning, analytics from video recordings can also be referenced to align with global safety standards.
Product Marketing Manager HDD, Western Digital.
Keeping transport moving
Smart video is also being used in public transport systems to improve service delivery.
For companies managing trains, tubes, trams and buses, tracking journey times is a major operation.
In London, the bus system alone is made up of 9,300 vehicles operating 675 routes.
These insights can also be used to flag and counter issues.
This helps the worlds biggest cities to keep moving.
Besides public transport, smart video is also being implemented for traffic management of roads in cities.
When crossing a road, traffic lights will automatically change when necessary without the need to push a button.
This ensures that these lights are being used most effectively.
However, rapid deployment will further increase demands to store valuable data.
Most AI-equipped smart video solutions use4Krecording for real-time insights.
Therefore, even more data must be stored and accessed on demand.
This helps organizations to work smarter.
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The views expressed here are those of the author and are not necessarily those of TechRadarPro or Future plc.
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