Verint Receives Multiple Honors for Facial Recognition Technology
May 24 2018 - 12:40PM
Business Wire
New FaceDetect Analytics Solution Awarded by Security Today
and the Security Industry Association for Delivery of Actionable
Intelligence in Real-World Situations
Verint® Systems Inc. (Nasdaq: VRNT) today announced that it was
named the recipient of multiple technology awards for its new
Verint FaceDetect™ solution last month. This award recognition
highlights the benefits that Verint’s advanced face recognition
solution brings to government and private sector entities through
sophisticated, multi-layered algorithms that help organizations
protect people and property in mission-critical environments.
The Verint FaceDetect analytics solution was named a gold-level
winner in video analytics in the 2018 Government Security Awards
from Security Today, an industry-leading security news platform for
security dealers, integrators and end-users focused on innovation
and problem-solving solutions. The solution also received an
honorable mention in the video analytics category of Security
Industry Association’s New Product Showcase, which recognizes
innovative products, services and solutions in electronic physical
security that protect life and property in residential, commercial
and institutional settings.
Verint FaceDetect was selected for these honors for its ability
to leverage artificial intelligence to imitate a human’s ability to
recognize persons of interest. This innovative approach allows the
technology to adapt to and learn from new scenarios, similar to how
the human brain processes information. Based on a GPU-based system
designed to achieve optimum performance, accuracy and scalability,
it addresses the growing need for advanced facial recognition in
real-world environments where heavily populated and diverse subject
matter are the norm.
The Verint solution can easily leverage an organization’s
existing security infrastructure and supports up to 10 cameras per
GPU and video streams from any IP camera, including PTZ devices.
Using Verint FaceDetect, organizations can identify persons of
interest—regardless of face obstructions, aging, disguises and
ethnicity. It also features real-time and forensic comparison
capabilities against large databases with millions of faces, and
can instantaneously add individuals to watch-lists.
“With Verint FaceDetect, organizations can streamline
investigations and empower operators to make rapid, informed
decisions without expensive infrastructure changes. These facets,
coupled with the solution’s accuracy and unique ability to perform
in real-world environments, mark just a few of the reasons it was
selected for these exciting honors,” explains Verint’s Alan
Stoddard, vice president and general manager, situational
intelligence solutions.
About Verint Systems Inc.Verint® (Nasdaq: VRNT) is a
global leader in Actionable Intelligence® solutions with a focus on
customer engagement optimization, security intelligence, and fraud,
risk and compliance. Today, over 10,000 organizations in more than
180 countries—including over 85 percent of the Fortune 100—count on
intelligence from Verint solutions to make more informed, effective
and timely decisions. Learn more about how we’re creating A Smarter
World with Actionable Intelligence® at www.verint.com.
This press release contains “forward-looking statements,”
including statements regarding expectations, predictions, views,
opportunities, plans, strategies, beliefs, and statements of
similar effect relating to Verint Systems Inc. These
forward-looking statements are not guarantees of future performance
and they are based on management's expectations that involve a
number of risks, uncertainties and assumptions, any of which could
cause actual results to differ materially from those expressed in
or implied by the forward-looking statements. For a detailed
discussion of these risk factors, see our Annual Report on Form
10-K for the fiscal year ended January 31, 2018 and other filings
we make with the SEC. The forward-looking statements contained in
this press release are made as of the date of this press release
and, except as required by law, Verint assumes no obligation to
update or revise them or to provide reasons why actual results may
differ.
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respective owners.
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