Camden, N.J. (May 4, 2009) — Agilence, Inc., a leader in intelligent video analysis solutions, today announced their integration with Axis Communications’ network video products. Together, Agilence and Axis provide a state-of-the-art loss prevention solution that will significantly improve the profitability of retailers.
Agilence identifies shrink caused by cashier fraud, operational inefficiencies, and policy violations. Their patented item-level synchronization software pulls data directly from the point-of-sale systems and marries the data with video, perfectly linking an individual item with its associated video image. The instantly visible video for the suspect line-item saves loss prevention analysts significant time.
As an Application Development Partner (ADP), Agilence’s application is fully integrated with Axis Communications’ entire network video portfolio. Axis’ network video products provide sharp, high resolution images to reveal shrink-related activities and have been installed in retail environments around the world.
“We are excited to partner with Axis,” states Derek Rodner, VP of Product Strategy at Agilence. “Network cameras are the future of loss prevention technology, and Axis is on the cutting edge. Agilence integrates with both network and legacy analog cameras to help customers bridge the gaps in point-of-sale shrink. Integrating Axis’s network video products with our item-level synchronization capabilities allows retailers to identify and eliminate shrink with unprecedented speed and accuracy.”
Agilence and Axis provide a flexible, scalable solution that seamlessly integrates with existing POS systems, enabling retailers to easily and efficiently identify and investigate potential shrink reducing activities. Synchronizing clear, precise video with POS data provides irrefutable evidence and enables retailers to quickly identify the fraud, errors, and violations that go undetected with stand-alone exception-based reporting. The time-savings and accuracy of the Agilence-Axis solution provides retailers with a quick and substantial ROI.
“We look forward to working with Agilence to provide retailers with superior loss prevention technology,” states Jumbi Edulbehram, Director of Business Development at Axis Communications. “Our combined solution quickly detects the sources of cashier shrink that cost retailers billions of dollars each year.”
In addition, Agilence 3.2 includes Control Room, a free video management system (VMS) which further improves the retailer’s return on investment.
Agilence will demonstrate the combined solution at the annual RILA Loss Prevention show in their booth (#517) on May 3 – May 6 in Orlando, Fla.