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Strategy update: artec technologies AG further expands software platform for crime investigation detection and prevention

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DGAP-News: artec technologies AG / Key word(s): Strategic Company Decision/Market Report
26.01.2021 / 11:21
The issuer is solely responsible for the content of this announcement.

Strategy update: artec technologies AG further expands software platform for crime investigation detection and prevention

- Incidents at US Capitol and Berlin Reichstag highlight need for data analytics tools for security agencies
- Software platform (Law Enforcement Video Surveillance Manager) for planning and execution of police operations proven in practice
- Video Surveillance Manager's functionality expanded for use in area observation, as well as the collection and analysis of audiovisual contaminated data


Diepholz, 26. January 2021: artec technologies AG (ISIN DE0005209589) provides an update on the strategic development in its business with law enforcement agencies. It wasn't just the storming of the Capitol in the United States or the attempt on the Reichstag in Berlin that showed the need for law enforcement agencies to better integrate monitoring and evaluation of social media and other sources of information in crime detection and prevention: Law enforcement business already generates a large part of artec's annual revenue and is comprised of recurring revenues from cloud and services, among others. For the coming years, artec sees considerable growth potential in the area of law enforcement.

The prerequisites for exploiting this potential already exist: numerous German security agencies - such as some 50 percent of state criminal investigation departments - have been part of artec's customer base for years. After previously supplying video information systems among other things, in 2020 artec has successfully positioned itself as a system supplier - everything from a single source. At the heart of this lies the MULTIEYE Law Enforcement Video Surveillance Manager: a private cloud-based software platform for mobile task forces, situation centres and control centres. It was developed in cooperation with specialists from German security agencies,and has proven itself over the past year as a central management system for the preparation, execution and follow-up of classic surveillance operations. artec also supplies the individually configurable hardware for deployments in the field. In addition, it ensures that all processes are carried out in compliance with data protection regulations. artec attaches particular importance to the observance of digital data sovereignty. In addition to existing law enforcement customers, one European authority is currently testing the Video Surveillance Manager. Discussions are also underway with other authorities in the national and international market. In order to accelerate sales, artec plans to increasingly make systems available to potential customers for a certain period of time, with the aim of convincing them to buy or rent.

"The work of security agencies is becoming increasingly complex. In addition to classic observation via cameras, there is now also media such as the internet, TV and streaming. The possibilities for crime detection and prevention that this creates are huge - as are the resulting volumes of data, which pose a major challenge. Siloed solutions from different providers, which are still frequently used by public authorities today, are reaching their limits," says artec CEO Thomas Hoffmann. "There needs to be a system platform that can, for example, structure contaminated data from, for example, social media channels, citizen-submitted video, and other sources and merge it with metadata from video observation or other databases. This is also one prerequisite for subsequent cognitive analysis of the kind increasingly used in counterterrorism."


artec is positioning itself as a data-protection-compliant data collector and processor for security authorities
As a specialist in data collection and processing from audiovisual sources, artec can offer security authorities real added value. Thanks to the two platforms XENTAURIX and MULTIEYE, artec has a market-leading range of sources at its disposal, including TV and radio, a wide variety of cameras (including body cams and surveillance systems) and social media streams such as YouTube, Facebook and Tik Tok. artec systems have been successfully used in practice for years - for example, by security authorities and media companies, as well as in shopping malls and for number plate recognition.

Enhancement of the Video Surveillance Manager with AI functions
Expanding the Video Surveillance Manager's functionality this year and even beyond is probably artec's most important strategic goal. Due to increased demand from artec's customers and upcoming negotiations, artec's technical specialists are making the necessary preparations. The plan is thus to enhance the manager with performance features for area observation in border regions as well as large-scale police-related situations, events and demonstrations.
This will be initially achieved via stronger integration of XENTAURIX as a source supplier from television and social media. The integration of other data sources such as drone images is also planned. In addition, the possibilities of matching and linking with existing audiovisual information, such as car license plates, faces, motion sensors and video material provided by citizens (contaminated data) will be enhanced by artificial intelligence. In addition, artec will enhance its existing service to guarantee security authorities technical support around the clock (24/7).

In conclusion, here is a use case for an artec objective: After a crime has been committed, such as those occurring during the G20 summit in Hamburg, the authorities put out a request for smartphone footage of the incident. Hundreds of videos are then uploaded. The future expanded development of the Video Surveillance Manager analyses the data, sorts out countless duplicates and provides the authorities with a pre-selection of videos relevant for reconnaissance. Officials can assess the situation from different angles. In addition, faces, number plates, conspicuous objects or clothing are marked with a "digital fingerprint". Artificial intelligence can then be used to search for faces or cars in existing databases - e.g. from traffic monitoring or other security cameras. This allows a movement profile of perpetrators before and after the event to be created.

About us
The listed company artec technologies AG from Diepholz (Germany) develops and produces innovative software and system solutions for the transmission, recording and evaluation of video, audio and metadata in networks and the Internet.

>>
https://bos.multieye.com/
>> www.xentaurix.com
>> www.artec.de

Contact
artec technologies AG
Fabian Lorenz
E-mail: investor.relations@artec.de
Tel.: +49 5441 599516

 


26.01.2021 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

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Language:

English

Company:

artec technologies AG

Mühlenstr. 15-18

49356 Diepholz

Germany

Phone:

+49 (0)5441 / 599 50

Fax:

+49 (0)5441 / 599 570

E-mail:

investor.relations@artec.de

Internet:

www.artec.de

ISIN:

DE0005209589

WKN:

520958

Listed:

Regulated Unofficial Market in Berlin, Dusseldorf, Frankfurt (Scale), Hamburg, Hanover, Munich (m:access), Stuttgart, Tradegate Exchange

EQS News ID:

1163135


 

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