Iveda sees increased interest from major retail chains worldwide

Iveda is seeing growing interest from major retail chains in the United States, Korea, Macao, Hong Kong, and Japan for its IvedaAI Cloud subscription services. With average retail shrink nearing 2% in the U.S., according to the National Retail Federation NRF, retailers face increasing security challenges amid the battle against rising theft. IvedaAI Cloud offers a cost-effective, AI-driven solution that integrates seamlessly with existing security cameras that could help save the industry nearly $112.1B in potential losses. “IvedaAI Cloud was developed with small businesses, retail shop owners, and restaurant chains in mind,” said David Ly, Iveda CEO and founder. “It is ideal for deployment on up to four cameras, offering powerful analytics and security features without the hefty hardware costs. By providing only the essential tools that businesses need–streamed through the cloud for one low monthly fee– IvedaAI Cloud is accessible for businesses that want to improve their security measures without investing in IT and servers.”