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Veesion anti-shoplifting AI technology helps stop theft at stores NBC Boston [Video]

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State Technology News

Organized retail thefts and smash-and-grab incidents have made headlines recently.

But the small-scale shoplifting that happens every day is an ongoing problem that cuts into the profits of small businesses.

At the Wild Duck Wine & Spirits store in Boston, shoplifting is a daily problem, and managers have turned to cutting-edge AI technology to try to stop it.

“It’s pretty bad here this area,” said store manager Smitesh Patel.   “Sometimes the gang up, they come, like, you know, like five or six people together.”

He says it’s a frustrating problem.

Managers have tried to monitor the dozens of security cameras in the store, but it’s a daunting task.  So, they’ve added another layer of artificial intelligence to them.  All 24 of them feed into an AI system developed by a French tech company called Veesion. 

It analyzes the video feeds for specific movements that suggest someone is stealing.   Veesion’s Pablo Blanco explained how it works.

“So, …

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