Eagle Eye Networks Inc. announced May 27 the Eagle Eye Video API, targeted at businesses and developers integrating video into their applications.
The Eagle Eye Video API provides a set of storage, analytics, indexing and interfaces for quickly building or integrating applications with both live and recorded video; the applications can range from very simple or highly complex.
The video surveillance market is expected to grow at a compound annual growth rate (CAGR) of 19.1 percent through 2019, reaching more than $42 billion, according to Transparency Market Research.
It’s been estimated that less than 1 percent of this video is ever used. Due to the extraordinary volume and variety of data, the video has been hard to access, and difficult to search and manipulate. As a result, the number of applications built utilizing surveillance video has been modest.
“Streaming video from cameras is an under-utilized resource,” said Dean Drako, president and CEO of Eagle Eye Networks. “The Eagle Eye Video API dramatically changes this, allowing developers to fully harness video content in their applications without having to worry about a complex infrastructure, in the same way that Twilio allows them to easily incorporate voice, VoIP and SMS.”