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Report: AI and Cloud Technologies to Improve CRE Security Efforts
The term “video surveillance” could conjure images of “Big Brother” and unwarranted invasions of privacy. But such reconnaissance can also be used to help bolster security and improve efficiencies, especially in commercial real estate.
Eagle Eye Networks just released “2024 Trends in Video Surveillance” indicated a “widespread adoption of intelligent, proactive security solutions” thanks to advancements in cloud technologies and artificial intelligence. Here’s what this means for commercial real estate.
Office: Increased Workplace Protection
Despite the back-and-forth between employees and their bosses regarding return-to-work policies, more people are returning to the office, at least part-time. This is likely to increase in 2024; Resume Builder forecasts that 90% of companies will return to work by the end of the year. Eagle Eye commented that “business owners and property managers alike are preparing for the ‘end of remote work’ with a review and overhaul of office security systems.”
An increased need for employee and safety convenience drives the demand for office security. The Eagle Eye write-up said integrated video surveillance and access control were “at the top of the list of requested improvements.”
Furthermore, enterprise office buildings are relying on AI to go beyond just secure entry portals. The Eagle Eye report indicated that AI-powered video surveillance can help prioritize motion activity and anomalies in community areas while reducing false alarms for professional monitoring services.
The systems also “support advanced operational reporting using analytics and user data to meet audit and regulatory requirements,” the report said.
Housing: Improved Security and Convenience
The report also discovered that homeowners associations and multifamily properties will rely on AI-driven license-plate recognition (LPR) technology to boost convenience and security. “Further benefits already in use include parking and traffic management, parking enforcement” and new revenue streams in some cases, the report commented.
The report cited one situation, that of a multifamily property manager who relied on LPR to identify “gate crashers” while also reducing gate damage.
The benefits of LPR for renters and homeowners include improved parking access by removing radio tags or remote control devices. Furthermore, LPR, which operates on cloud video systems, tends to be more effective and affordable.
- ◦People
