This episode is sponsored by ISS, a leading global provider of video intelligence and data awareness solutions. Founded in 1996 and headquartered in Woodbridge, N.J., ISS offers a robust portfolio of AI-powered, high-trust video analytics for streamlining security, safety and business operations within a wide range of vertical markets. So, what do you want to know about your environment? To learn more about our video intelligence solutions, visit issivs.com Join host Craig Smith on episode #167 of Eye on AI as we sit down with Matt Powell, Managing Director at ISSVSS, a company that offers a comprehensive suite of AI powered video intelligence solutions to address security, safety, and business challenges across a diverse range of vertical markets. In this episode, we explore the fascinating evolution of video analytics technology, focusing on its impactful applications across various industries, from urban planning and traffic engineering to healthcare and sports venues. Discover the unique challenges and breakthroughs in video analytics, the intricate development process,and the unique analytic modules designed for diverse tasks like crowd management and safety monitoring. Matt shares how these advancements are not only transforming business operations but also paving the way for more accessible and consumer-centric applications, particularly in sectors like elder care. If you're intrigued by the intersection of AI technology and its real-world applications, this conversation is a must-watch. This episode is sponsored by Netsuite by Oracle, the number one cloud financial system, streamlining accounting, financial management, inventory, HR, and more. Download NetSuite’s popular KPI Checklist, designed to give you consistently excellent performance - absolutely free at https://netsuite.com/EYEONAI Stay Updated: Craig Smith Twitter: https://twitter.com/craigss Eye on A.I. Twitter: https://twitter.com/EyeOn_AI (00:00) Preview (00:33) AI’s Role in Various Industries (02:47) ISS's Evolution and Global Presence (05:01) On-Premise vs. Cloud Analytics (09:14) Understanding Video Analytics and AI Modules (22:16) The Versatility of AI Tasks and Modules (25:48) Future Trends in AI and Video Analytics (31:59) Diverse Applications of Video Analytics (37:00) Accessibility and Cost of Video Analytics (40:04) Applications in Elder Care and Security (46:48) Facial Recognition Technology and Privacy (48:18) Intelligent Transportation and City Planning (53:48) Advanced Analytics in Public Safety (58:24) Global Adoption and Future of AI (1:00:11) Closing Remarks on AI's Impact