CAMDEN, N.J.--(BUSINESS WIRE)--Agilence, Inc., the leader in point-of-service (POS) video auditing™ solutions, today announced that it has purchased the assets of video analytics (VA) company Vidient Systems, Inc. Agilence plans to modify and extend the technology and combine it with its Hawkeye™ platform to offer new applications and benefits for the transportation and retail industries.
Vidient’s video analytics solution has primarily been employed by the transportation industry. The software analyzes video feeds, recognizes suspicious activities, and then can report these activities to end users and other systems. The software can monitor secure areas, parking lots, exit lanes, loitering people, stopped cars, and abandoned objects. Agilence will adapt the solution to provide additional use cases, including people and vehicle counting, wait and dwell time assessment, and congestion detection
“Vidient devoted significant time and resources to developing their technology and fine-tuning the performance of their analytics,” states Derek Rodner, VP, Product Development, Agilence. “After evaluating the solution’s performance, we determined that this would be a smart investment for Agilence and the markets that we serve. The software’s flexibility and reliability made it one of the most well-respected video analytics solutions in the market, and we are excited to build onto this solution to further increase its capabilities.”
Agilence develops Hawkeye, an industry leading POS video auditing solution that enables retailers to quickly identify losses caused by operational errors, promotion execution, systemic errors, and associate fraud. Hawkeye efficiently identifies store-wide losses at the point-of-sale before they can erode profit margins and provides retailers with a 6-to-1 ROI in less than 12 months.
Founded in 2006, Agilence, Inc. is headquartered in Camden, N.J. To learn more about Agilence, Inc., please visit http://www.agilenceinc.com or call 866-710-3792.