Lumeo’s analytics builder offers flexibility, says CEO
Lumeo says its “no code” video analytics builder delivers analytics via a drag-and-drop, customizable platform with no technical skills required.
The company’s platform was recognized as the winner of this year’s Best New Product Award at the New Product Showcase, presented in June by the Security Industry Association (SIA) and ISC West.
“When we started the company, we really wanted to empower businesses and developers to be able to create custom analytics,” explained Devarshi Shah, co-founder and CEO, Lumeo, in an interview with SP&T News. “This is a great recognition of our ability to essentially enable an industry to go off and build their own thing and do the right thing for their customers.”
Companies face challenges when building and integrating video analytics into their security architecture, said Shah, who has more than 20 years’ experience in the technology space, with two previous venture-backed start-ups.
“There’s a lot of grunt work that you’ve got to do. So we said, what if we could enable businesses to drop analytics into that portfolio of products that they’re building, or tools that they can use to solve their own problems? And how do we make it easy so that you don’t require 20 rocket scientists to be able to pull it off?”
Lumeo integrates with off-the-shelf cameras, is priced at $10 per month per camera and will be sold primarily through the channel. Analytics can be built and customized by users or they can choose from a library of existing analytics. Customers could include camera manufacturers, software providers, Fortune 500 companies, and integrators and other solution providers. The solution can be run on the edge, on a private cloud or on Lumeo’s cloud for an additional fee.
Shah acknowledged that there are already a number of video analytics available on the market, but stated that one of the major advantages Lumeo offers is flexibility, particularly in this time of rapidly changing needs. He cited the example of social distancing analytics, which became popular when the pandemic became a major concern for enterprises in early 2020.
“A lot of the fixed analytics that are already out there — they may do one thing well, but from a business standpoint…businesses are starting to look at cameras and their camera investments as more than just security use-cases,” he said.