A new report reveals that total growth for online retail in South Africa rose to 66% in 2020, exceeding the 25% growth predicted three years ago, and bringing the total of online retail in South Africa to R30,2bn.
In a time of uncertainty, new challenges and rapid gear shifts to what could be the new normal, AI-powered CCTV security surveillance systems are set to go from being an option to being an essential component of security services for commercial, warehousing and logistics operations.
Rob Nichol, CEO, AI Surveillance
Many strategic sectors have already embraced forward-thinking AI-driven technology to strengthen vulnerable areas and increase efficiencies whilst reducing contact and costs. The recent prediction from the South African Reserve Bank that South Africa's economy may contract by between 2% and 4% this year as a result of the coronavirus pandemic highlights the need for the smarter, faster, more effective and cost-saving benefits-AI powered surveillance technology offers.
Commercial property owners face the challenge of reduced revenue due to unpaid or deferred rental income. At the same time they may need increased security without increasing spend. We believe that it is possible for companies to achieve this saving by implementing an intelligent and cost-effective security solution.
AI offsite monitoring
AI offsite monitoring will allow for large business parks and commercial properties to be monitored using self-learning, state-of-the-art software and real-time alerts. This results in a reduction of actual criminal acts, as well as the number of guards needed onsite.
It is a solution we see working very well and we are confident that this is only the beginning. AI-driven security surveillance technology will play a game-changing role in crime reduction by providing an extra layer of 360° surveillance while reducing costs and increasing efficiencies.
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