March Networks, a leading provider of IP-based video surveillance solutions, has announced that one of the largest retailers in the United States has selected March Networks Professional Retail Services for approximately 1,200 of its stores. The consulting and software maintenance services will enable the retailer to extract maximum value from March Networks business intelligence software already in use in the stores to reduce shrink, decrease in-store risk and improve overall store performance. The services include implementation management, shrink assessment, store audits, and transaction profiling customization. They also include upgrading the web-based data mining software to ensure that the retailer benefits from the newest application features and capabilities. Progressive retailers use March Networks advanced video management and data analysis solutions to combat inventory shrinkage, which costs retailers $37 billion annually in the U.S. alone. Video surveillance and Point-of-Sale (POS) transaction data monitoring are the two most widely used shrink management technologies, according to a 2006 security and loss prevention study.
For more information, please send your e-mails to swm@infothe.com.
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