STANLEY Security, a global manufacturer and integrator of comprehensive security solutions for a wide range of industries, unveiled its new STANLEY Insights Professional Services and Analytics Solutions software, a solution and consultancy program that correlates data streams, analyzes trends and measures business activities and operations.
The solution was formally introduced to the industry at the ASIS International 61st Annual Seminar and Exhibits (ASIS 2015), September 28 through October 1 in Anaheim, Calif.
“Businesses are asking for real-time information and analytics to help them achieve their goals. Often, they have the ability to collect data but no way to study it or draw meaningful information from it. To that end, we are focusing on building a team of highly specialized experts who will leverage data to solve problems,” said Jim Cannon, president, STANLEY Security.
STANLEY Insights comprises two key elements — a new STANLEY Insights Professional Services team and the STANLEY Insights Analytics Solutions software — to offer multi-faceted support and an in-depth, 360-degree view of the operations, practices and data streams of a business.
In addition to the actionable intelligence elements provided through the software, the overall STANLEY Insights experience brings together experienced data scientists and business consultants as part of the new STANLEY Insights Professional Services team to partner with businesses in a way that creates immeasurable value through perceptive data utilization, according to a press release from STANLEY. Dave Bhattacharjee has been appointed vice president, data analytics, to lead the team of highly specialized data experts.
“We believe Dave’s strong blend of business, technology and analytics leadership, as well as his ability to identify and execute analytics strategies and projects, will position him well for success as the leader of the STANLEY Insights Professional Services team,” Cannon said. “The individuals on this team will help our customers understand what existing data is useful and what needs to be collected, what changes need to be made to processes in order to make meaningful data collection possible, and how to anticipate trends or behaviors by leveraging that information.”
Under Bhattacharjee, the STANLEY Insights Professional Services team will provide a broad range of analytics-based services to improve business operations. For each STANLEY Insights customer, the group will compile an extensive analytics assessment, leveraging the STANLEY Insights methodology and data streams to correlate, analyze and measure business performance and activities. The team will then create a business case template and customize models to help customers anticipate trends, behaviors and profitability impact to drive results. For organizations seeking further assistance in implementing and executing the analytics initiatives outlined by STANLEY Insights Professional Services, the team members will provide data science and advanced analytics services to generate further actionable intelligence for the business.
“STANLEY Insights is a comprehensive analytics portfolio, based on our organization’s vast industry knowledge, for which we have developed customized data analytics, tools and methodology to provide unparalleled visibility into virtually any business’s activities and operations, in order to optimize operational best practices and create shareholder value for our customers,” said Bhattacharjee.
The software is designed to compile data from multiple, disparate systems — including video analytics, intrusion, POS, EAS, weather platforms and others — onto an easy-to-use dashboard to report on key metrics for a business, creating actionable business intelligence across their locations. By correlating data from multiple data points, STANLEY Insights software is designed to allow business owners, loss prevention professionals and facility managers to mitigate loss, improve profitability, optimize performance, increase conversion rates and reduce facility risks — all while enhancing customer and visitor experience.
The software provides users with a visual snapshot of their businesses via cloud or on premise software solutions. The dashboard leverages distinct icons, graphs and color-grouped images to help the user interpret data streams, with customizable reports and interfaces to present information in an easy-to-digest format.
“The STANLEY Insights Analytics Solutions dashboard is designed in a way that allows any business — whether it be in retail, healthcare or another sector — to track and improve metrics that directly impact the success of the organization,” said Rich Mellott, director product management. “From traffic counts, event reporting and point-of-sale exceptions to asset management, incident data and even environmental monitoring, STANLEY Insights is the avenue through which data streams can be gathered, managed and analyzed for a holistic decision-making approach, to maintain and improve upon the health of the business.”
STANLEY is currently developing different vertical markets-based versions of the overall STANLEY Insights program, each tailored to respond to the specific needs, requirements and security challenges of various business environments. The first market to launch in the coming weeks will be targeted specifically to retailers.