Motorola Acquires Analytics Provider Envysion
Founded in 2006, by Level3 Communications executives, Envysion, offers cloud-based solutions that integrate video systems with sales data to proactively identify potentially fraudulent transactions and highlight sales patterns and in-store activity without the need to monitor hours of video footage.
"The combination of video and analytics continues to play a powerful role in supporting enterprise security,” said Greg Brown, chairman and CEO, Motorola Solutions. “With Envysion, we will bring greater operational efficiency and safety to the vast restaurant and retail industries across the U.S., expanding our presence and reinforcing our strategy as a global leader in end-to-end video security solutions.”
Relied upon by restaurants, convenience and specialty stores, Envysion’s platform helps to identify and resolve theft and support priorities such as customer and employee safety, workplace productivity and physical security. Business owners have access to actionable insights to drive better management decisions to reduce loss, mitigate risk and enhance profitability.