Hyderabad: iVIS, a subsidiary of Magellanic Cloud, recently officially partnered with ICICI Bank for the distribution of cutting-edge e-surveillance services across its branches. This collaboration will see iVIS deploying state-of-the-art AI/ML and IoT technology to deliver services such as real-time video monitoring, facial recognition, incident detection, reporting, and data analytics.
The strategic alliance aims to fortify ICICI Bank’s branch-level security operations, specifically targeting areas like ATMs and cash counter operations. iVIS will implement real-time threat mitigations, remote security management, and automated response systems to ensure a comprehensive security infrastructure.
iVIS boasts expertise in the e-surveillance domain, with a central command centre located in Hyderabad overseeing 20,000 ATMs and banking sites nationwide. Mr. Joseph Sudheer Reddy Thumma, CEO of Magellanic Cloud, expressed his enthusiasm, stating, “The partnership between iVIS, a Magellanic Cloud’s subsidiary and ICICI Bank brings a convergence of cutting-edge technologies to the realm of advanced e-surveillance.”
Murali Mohan Rachapoodi, Co-Founder of iVIS, highlighted the transformative potential of their services, saying, “iVIS a leader in e-surveillance is excited to deliver holistic security solutions that incorporates cutting edge features such as Video analytics based remote surveillance, cloud processing & storage, operational insights, actionable intelligence complimented by alarm triggers in real-time.”
