Virtual Facility, provider of machine learning and automation management of alarms and maintenance work orders for the built world, announced it closed a $9 million seed round of funding from lead investor Camber Creek, with participation from existing investors Primary and Ubiquity Ventures.
Organizations are expanding their focus beyond solving immediate health and safety challenges and are looking to utilize security technology to also drive operational efficiencies, find cost savings, and optimize logistics.
For at least the last couple of years, artificial intelligence (AI) has been one of the biggest trends in the security industry. Offering the ability to “learn” over time, AI provides the technology to anticipate and identify potential issues as they are unfolding.
The sheer amount of video and other data generated by security and non-security devices today is massive, and its growth is seemingly exponential — with more and more created every day.
Building on 2019’s trends of smarter integrations, machine learning and artificial intelligence, the 2020 show promises huge leaps in cyber security, access control, cloud-based security, and ML & AI.