Retail
 According to recent statistics, theft costs retailers around 5% of their annual turnover with 20% of theft attributable to credit card fraud and employees responsible for over 50% of shrinkage. Research has shown that whilst 19% of firms with fewer than 15 employees have experienced staff fraud, this figure more than doubles to 48% for businesses with over 36 staff. In addition, the U.S. Department of Justice estimates that insider theft is growing at 15% annually. More alarmingly, research has shown that 75% of internal theft is undetected. Theft and fraud, clearly extremely detrimental and a huge issue to companies of all sizes worldwide, show no signs of easing.
Detecting fraudulent activity is a key concern, particularly amongst petrol stations, confectioners, tobacconists, newsagents, convenience stores, supermarkets, pubs and clubs and fast food outlets. More than ever companies are seeking new measures to combat this illegal activity, however, many businesses still only rely on manual surveillance techniques alone. Research carried out indicates that businesses lost as much as $60 billion in 2005 as a result of not using anti-fraud software. That aside, even where software solutions have been implemented, in many cases these solutions fall short of requirements and subsequently fail to adequately combat illegal activity. Autonomy Virage offers an Electronic Point of Sale monitoring (EPOS) solution, fully scalable and suitable for both small and large scale deployments. EPOS is integrated with the DVR/NVR to provide comprehensive recording and analysis functionality. Up to 16 cash registers can be attached to each DVR/NVR unit and multiple DVR/NVR units can be seamlessly linked together to increase system size where necessary. Separate interfaces are available to allow connection with, for example: cash registers (300 types), Automatic Teller Machines (ATM’s), coin scales and sorters, car park ticket machines, weigh bridges and toll booths. In addition, data can be accessed both locally and remotely providing the basis for the most versatile, flexible and remote surveillance and retail management system available today.
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Autonomy Group Customers
