Study by Parks Associates Reveals Cloud AI Video Tools as Essential for Next-Generation Monitoring

Research by Parks Associates indicates that cloud-based AI video solutions are revolutionizing the management of video data in professional monitoring centers across various sectors, including commercial, multifamily, and industrial markets. Their report, “How to Scale Live Video Monitoring,” in collaboration with 3dEYE, highlights the scalability and operational efficiency of cloud-native platforms, which can reduce false alarms and create new managed service opportunities. Traditional human-driven models are increasingly overwhelmed, with 62% of home security users experiencing false alarms annually. AI-driven video analytics address this by enabling real-time event verification, with 32% of security dealers reporting reductions in false alarms. The multifamily sector alone presents an $8.5 billion market opportunity for AI-enhanced security solutions. Overall, cloud analytics not only improve security but also expand applications into operational intelligence, making monitoring centers more efficient without necessitating significant hardware investments, thus facilitating scalable, intelligent monitoring solutions.

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