Video Analytics for Banks and Retail

How video analytics software can transform retail and banking

Overview

The client is a company that delivers high-quality solutions for a variety of use cases in smart buildings and video analytics. They turned to Euristiq to co-create video analytics software for banks and retail. This software needed to be an IoT system capable of analyzing vast amounts of unstructured video data in real-time, sourced from the customer’s cameras and sensors. Leveraging our expertise in IoT development services, we crafted a solution fully prepared for implementation that analyzes data and showcases it as customizable charts in a web app.

Location

Europe

Industry

Retail

Service line

Digital consulting

This solution helps businesses like banks and retail stores better understand their customers by analyzing video footage from security cameras. It automatically gathers data, like how many people are waiting in line, their age and gender, and how long they wait. Then, it turns this information into easy-to-read reports, helping businesses improve customer service and make smarter decisions about staffing and store layout.

Ivan Muts

President of Euristiq

Key highlights

Developed an intelligent video analytics solution for retail and banking, translating raw video data into actionable insights for improved customer experience.
Delivered a fully functional MVP within three months, enabling the client to quickly validate and leverage the software’s capabilities.
Designed a flexible, user-friendly web app that generates custom reports on customer demographics, wait times, and queue lengths, tailored to industry-specific needs.
Created a scalable, integration-ready system that supports third-party applications, providing banks and retailers with a comprehensive tool for studying customer behaviour.

Services:

Application development
IoT Solutions
Architecture engineering
UI/UX design
Front-end development
Back-end development
Technical consulting

Technologies:

.NET
MVC
HTML / CSS / JavaScript
Google Maps
jQuery
Bootstrap
Entity Framework Code
First
SignalR
AngularJS
HangFire
MySQL
StructureMap
AutoMapper

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Solutions

IoT solution for video data structuring and analysis

We have developed both the backend and frontend components of a comprehensive solution designed to organize intricate data streams gathered from cameras and sensors. Our system is specifically tailored for seamless integration as a video analytics solution for banks and retail establishments, offering advanced capabilities in retail video analytics software.

Data visualization with customizable reports

The system generates custom reports with various metrics, including the age and sex of customers in a line, waiting times, and the number of people waiting.
Optimize customer insights with IoT-powered video analytics

User-friendly web application

In market-ready web application, users have the flexibility to tailor their preferred reports. These reports can be easily converted into Excel format and automatically delivered to the user, catering to their specific needs, whether it’s for video analytics in the banking sector or retail video analytics software.

video analytics software for banking and retail

video analytics software for retail and banks

Results

An MVP of a video analytics software app we developed translates raw data into actionable business insights. It can automatically generate reports that can be used by banks and stores to improve customer experience. Our successful collaboration with the client resulted in one more project – we developed a road traffic monitoring system together later on.

IoT solution that translates raw data into actionable business insights.

Download case study

Recent cases

Video Analytics for Banks and Retail

Overview

Key highlights

Developed an intelligent video analytics solution for retail and banking, translating raw video data into actionable insights for improved customer experience.

Delivered a fully functional MVP within three months, enabling the client to quickly validate and leverage the software’s capabilities.

Designed a flexible, user-friendly web app that generates custom reports on customer demographics, wait times, and queue lengths, tailored to industry-specific needs.

Created a scalable, integration-ready system that supports third-party applications, providing banks and retailers with a comprehensive tool for studying customer behaviour.

Solutions

IoT solution for video data structuring and analysis

Data visualization with customizable reports

User-friendly web application

Results

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