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Pathr.ai Announces Integration with Hanwha Techwin America to Bring Spatial Intelligence Technology to the Security...

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Benzinga
By Globe Newswire

ORLANDO, Fla., April 24, 2024 (GLOBE NEWSWIRE) -- Retail Asset Protection Conference, Orlando, Booth #RIC-11 Pathr.ai, the industry's first and only Artificial Intelligence (AI) powered Spatial Intelligence platform, announced today it is working with Hanwha Techwin America, a global supplier of video surveillance solutions, to jointly deliver spatial intelligence solutions to current and prospective customers. This integration allows Pathr.ai to engage with Hanwha on new and cross-sell opportunities, including supporting camera installations with Pathr.ai use cases.

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Working with Hanwha is a great step towards scaling our spatial intelligence solution to new and existing customers and delivering strong ROI to them, said Alan Flohr, Chief Revenue Officer of Pathr.ai. Companies can use their existing non-PTZ Hanwha security cameras, such as the Hanwha Wisenet P series, X series, L series, and Q series, to collect meaningful and real-time insights into how people move and interact inside their physical spaces and tie those analytics to business decisions that improve profitability.

Pathr.ai's AI-powered spatial intelligence technology integrates with existing camera infrastructure and delivers real-time behavioral insights to companies, delivering a 10x or greater return on investment.

We are excited about our integration with Pathr.ai and continuously look for new ways that our current installed base can gain more value from their existing Hanwha cameras, which are traditionally only used for Loss Prevention. It's great to see how Pathr.ai can just bolt onto Hanwha cameras and introduce operational and merchandising value with leading spatial intelligence software, said Mark Heintzman, National Business Development Manager, Hanwha Techwin. What's more, for our channel partners, this collaboration introduces a great business opportunity that will drive incremental revenueintroducing a new recurring revenue stream along with additional camera purchases for their existing installed base and the ability to offer an end-to-end solution to new customers.

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