Netwatch North America, provider of proactive video monitoring solutions, announced a premiere partnership with Eagle Eye Networks to integrate the Eagle Eye Cloud VMS (video management system) with Netwatch’s proactive video monitoring service. The technology collaboration combines cloud-based video and audio monitoring initiatives with artificial intelligence (AI) technology, such as AI-filtered alerts, that reduce false positive alarms and deliver the simplicity and performance modern organizations require.
The market for proactive security solutions is increasing exponentially as more organizations look to implement a proactive approach to risk management. According to Mordor Intelligence, the proactive security market is expected to reach $45.67 million by 2026, primarily due to the growing number of businesses opting for proactive security solutions over reactive technologies.
Netwatch Proactive Video Monitoring is now fully integrated with Eagle Eye, a cybersecure, cloud VMS for many security and business use cases, including loss prevention, workplace safety, security, business optimization, alarm management and more. Netwatch PVM is a purpose-built platform designed to help stop crimes before they happen by using personalized audio voice downs that stop crime on 98 percent of occasions. Both Netwatch and Eagle Eye focus on serving businesses with common parameters such as those operating in high-risk environments with a need to lower liability, ensure compliance and reduce operational inefficiencies.
“The integration will improve security and efficiency for multi-site customers for whom false positive alarm reduction is critical to daily operations,” said Ken Francis, president of Eagle Eye Networks. “The Netwatch integration provides customers with expanded functionality, to include live-audio voice downs and artificial intelligence-filtered alerts. Intelligent alerts distinguish between actionable and non-actionable events.”
Justin Wilmas, president, Netwatch North America, said, “The next generation of video surveillance solutions, such as video surveillance-as-a-service and PVM, play a crucial role in providing organizations with the ability to optimize security, reduce loss and improve operational efficiencies at scale. We are thrilled to join forces with Eagle Eye in our mission to provide superior video capture and analysis and support risk mitigation efforts for our growing customer base.”
The integrated solution will be available for general release in early 2023.