Succeed Safely: The Must-Have Tool For Retailers and Small Businesses
Ask any parent with a newborn and they’ll tell you that a good night’s sleep is hard to come by. Plagued by constant worrying and fretting over what might go wrong, it’s near impossible to get any shut-eye. The situation is much the same for retailers and small business owners, except their baby is the business they’ve worked so hard to develop – one that presents just as much worry and demands an equal amount of attention and care.
But what if there was a way to achieve complete oversight of a business, and never have to worry about what might happen if you weren’t present? Much like how parents utilise baby monitors to keep a close eye on their children, modern technology too offers cutting-edge technology for businesses to secure their business premises.
In this article, we’ll discuss how AI-powered cameras are offering retailers and small businesses a way to safeguard their business while allowing them to improve overall efficiency.
What Are AI-Powered Cameras?
AI-powered cameras are a category of wireless security devices that survey and monitor a particular area or premises, all with the aim of boosting security and strengthening operations for businesses. A major factor that makes AI-powered cameras so appealing is the suite of value-added features that enable users to gain deeper insight into their premises while providing live updates that can be accessed from cloud-based platforms.
These features, ranging from people counting to intruder detection, and even smoke and fire alerts, impart significant benefits such as enhanced operations and on-site security.
Analytics and Staff Management
While it might seem like a straightforward feature, people counting is vital in an era where businesses dance to the tune of data and analytics. Being able to accurately track and analyse human traffic imparts business owners with the power to make strategic decisions about operations, such as manpower allocation and scheduling. For example, teams are now aware to staff more people during peak periods, to deal with increased demand, or reduce the amount of employees on shift during off-peak hours to minimise unnecessary overhead.
With real-time management features, MyRepublic Secure Vision offers easy-to-set-up scalable solutions that empower businesses to monitor and analyse their customer traffic and footfall to obtain data and create winning business strategies.
Crime Deterrence
For retailers and small businesses, intrusion detection features play a vital role in crime deterrence and loss prevention. Reports and statistics by the Singapore Police Force have empirically demonstrated how CCTVs serve to deter physical crime, such as unauthorised entry and shoplifting.
On the off chance that criminals are daring enough to commit a crime in the presence of AI-powered cameras, systems such as MyRepublic Secure Vision will alert users and allow them to call the authorities in a timely manner. Any footage captured of the incident also for ensuing investigations and insurance claims, helping soften the blow of lost merchandise or equipment.
Disaster Intervention
On top of helping mitigate crime, AI-powered cameras also aid businesses in reducing fire risks. In 2023, the number of fires in commercial premises increased by 8.1% to a total of 239 and in many of these cases, the Singapore Civil Defence Force credited fire prevention efforts such as early detection and quick response as key factors for minimal damage and casualties.
Instead of solely relying on smoke and fire detectors installed by landlords, retailers and small businesses can expand their scope of coverage by utilising AI-powered cameras fitted with smoke and fire detectors. Operating on a cloud-based platform, retail outlets and small businesses equipped with Secure Vision can receive real-time updates of potential smoke and fire hazards as they appear. This enables business owners to intervene before such threats get out of control and ultimately reduce collateral damage to their goods and storefronts.
Don’t leave your business exposed! Reach out to MyRepublic Business and find out how our Secure Vision can help you succeed safely today!
