Mount Laurel, N.J. - Nov. 2006 - Agilence, Inc., an industry leading Event-Based Video Analytics (eVA) solutions provider, has successfully completed validation of its StoreVision retail productivity solution on IBM Store Integration Framework—IBM's flexible, scalable Java 2 Platform, Enterprise Edition (J2EE), operating environment and componentized architecture, built for retail stores using industry-leading IBM middleware.
The Ready for IBM Retail Store Innovations – Store Integration Framework initiative brings together platformindependent software vendors that deliver proven solutions designed and built for the retail industry. Through this initiative, IBM works with select IBM Business Partners to validate solutions that meet a rigorous assessment of next-generation, open-standards-based store environments.
StoreVision is an enterprise digital video auditing and surveillance system tailored for retail. StoreVision combines POS transaction details, recorded in its Scan/key log, and register-lane digital video within a seamless user interface. Customers access the highly granular data through powerful data-mining features and flexible reporting tools to quickly retrieve video images of interest. StoreVision grows with its users over time, allowing them to expand the application's domain knowledge and customize its exception criteria to maintain a high-level production of actionable reports. StoreVision scales its agile intelligence from a single store auditing to remote monitoring hundreds of stores.
StoreVision will now interoperate with the rest of the IBM's retail solution portfolio. Customers will also benefit from integration with a wide variety of partner solutions from RFID tracking to Customer Tracking. Additionally, StoreVision can be deployed at customer sites around the world, implemented quickly to coincide with customer deadlines because of its modularity and the added world-wide implementation capability of IBM Global Technology Services.
"We have already seen the tremendous benefits in scaling our solution with IBM's Global Technology Services team, now we can integrate StoreVision with the rest of the IBM Retail solution portfolio creating a tremendous value package for our customers." said John Sullivan, C.E.O of Agilence, Inc.. "Retailers have long awaited complete solutions that dramatically reduce loss, increase productivity and deliver positive results from day one."
The integration of IBM and Agilence technology, allows retailers to capitalize on IBM's mature retail technologies and extract maximum value from the industry leading event-based video analytics provider Agilence allows retail management for both regional retailers and multi-national chains to accurately identify and reduce shrink at the point-of-sale, pinpoint operational problems, expedite compliance audits, identify training issues to substantially increase store productivity. Current Agilence customers are generating immediate increases in apprehensions (often doubling or tripling their counseling and termination rates) and more importantly, long-term improvements in productivity and shrink, resulting in tremendous return on investment and improved bottom line
StoreVision is platform agnostic - integrating with the leading POS and Digital video system on the market. The top differentiator for StoreVision is creating a mirror database to that of the POS server, collecting "key stroke" data directly from POS terminals in what is know as a Scan/Key log. The Scan/Key log provides 30%-40% more data Vs. TLOG providing greater data-mining capabilities. This translates into finding more instances of shrink and lost productivity. When a user searches for a particular retail events or transactions, each resulting search item is linked with a unique image. An entire transaction can be reviewed or items can be seen image by image. Actionable reports are then created with a combination of complete video clips or IBM Retail on Demand still images. StoreVision decreases shrink, improves cashier performance and substantially increases store results.
