The edge is exploding. According to the “2021 IoT and Edge Commercial Adoption Survey” from the Eclipse Foundation, 54% of organizations are either using or planning to use edge computing technologies within 12 months, with another 30% planning to evaluate edge deployments within the next two years. Additionally, 30% expect to spend between $100,000 to
The importance of risk mitigation for safety and security The use of video surveillance technology worldwide is set to achieve record numbers in 2022. Used to enhance safety and security, video surveillance is projected to be a 69.1 billion dollar market by 2026 at a CAGR of 10%. This is driven, in part, by the
A Deep Dive with Professor Marios Savvides on “Safety Recognition” This week I had the opportunity to interview Professor Marios Savvides, a Professor of Electrical and Computer Engineering (ECE) and founder and director of the Biometrics Center at CMU. In October, Oosto announced a new collaboration with Carnegie Mellon University’s (CMU) CyLab Biometric Research Center,
There’s a lot of discussion in the security industry about touchless access control. This is hardly surprising in the wake of Covid-19, when every surface that an employee comes in contact with could be a wellspring for germs and disease. In fact, just last month, Oosto sponsored a research study with Bio-Lab Ltd., which highlighted
Facial recognition has certainly captured today’s headlines, raising important questions about its accuracy and use. These concerns have even led to blanket bans on use of the technology in several U.S. and European cities without regard to the purpose or the benefits of specific applications. There is a clear need for steps to build public
Introduction In our previous blog post, we made the case that employing a facial recognition system in your store is an effective way to combat rising retail crime without compromising the shopping experience. Unfortunately, the public’s perception of facial recognition–largely driven by the media–has prevented the broad adoption of this technology. It’s also important to
Introduction It’s no secret that the COVID-19 pandemic hit the physical retail industry hard—a record 12,200 stores closed in 2020—but the market has rebounded, and then some. The most recent U.S. Department of Commerce Report showed a 16.3% year-over-year rise in retail sales and companies are hiring at a record pace. As the pandemic wanes,
Today, AnyVision is renaming itself to Oosto. Let’s start by discussing what this name change is not about. We did not get sold or acquired. We did not change markets. We are not running away from the facial recognition space. What this name change is about is bringing our brand in line with our expanded
Managing a casino is not easy. Operators are tasked with monitoring and ensuring thousands of patrons are following industry-specific rules and regulations as they move about an expansive space. An error in oversight can cost the casino thousands, and providing world-class customer service is essential in such a competitive industry. A casino needs to properly
Although facial recognition is commonly in the news—and often not in a good way—a recent poll by Pew Research concluded that nearly 75% of all Americans have heard little to nothing at all about the technology. This lack of clarity around what facial recognition’s capabilities truly are—as well as the near-constant highlighting of facial recognition’s
