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Philadelphia turns to Iveda technology to bolster security across on and off-street parking in Center City garages, surface lots throughout the city, and Airport parking
MESA, Ariz., November 07, 2024--(BUSINESS WIRE)--Please replace the release with the following corrected version due to multiple revisions.
The updated release reads:
INTERSTATE LAND MANAGEMENT CORPORATION GREENLIGHTS TRIAL OF IVEDAAI™ & CLEARVIEW ASSET PROTECTION
Philadelphia turns to Iveda technology to bolster security across on and off-street parking in Center City garages, surface lots throughout the city, and Airport parking
Iveda® (NASDAQ:IVDA), the global solution for cloud-based AI, today announced that the Interstate Land Management Corporation has officially green-lit a trial of IvedaAI™ and ClearView Asset Protection via their patented Smart Tower, in an effort to bolster security in parking areas throughout the city. The project will leverage IvedaAI, an advanced AI solution providing real-time facial recognition, weapon detection, license plate reading, and more. The technology will be integrated into two of ClearView’s customizable security trailers, each equipped with four cameras.
According to the FBI, parking lots are the third most common location for violent crimes to occur, accounting for more than 25% of violent crimes in America. Further, Insurance.com reports that 70% of all hit-and-run crimes involve parked cars, many of which take place in lots and garages. As government officials work to minimize crime in urban areas––from assault, to theft and vandalism––AI is providing a powerful set of eyes to keep citizens safe.
"This collaboration marks a pivotal moment in enhancing public safety across Philadelphia’s parking infrastructure, while underscoring Iveda’s unwavering commitment to building solutions for the betterment of urban areas like Philly," said David Ly, Iveda CEO and founder. "By harnessing the power of AI, the city is creating safer environments for residents and visitors alike. We anticipate this partnership with ClearView to have a profoundly positive impact on the community and are confident that it will set new standards for urban safety initiatives."
The deployment aims to improve safety in key areas across Philadelphia, including Jackson Street, Front Street, and parking areas under the I-95 overpass, which have become hotspots for criminal activity. In addition to critical safety benefits, the technology will also enable parking lot operations to run smoother. The system can be customized to send alerts to appropriate personnel if a car has been parked in a spot for too long, vehicles are loitering, and more.