Volume 10
PlateSmart ’ s John Chigos : The Future of Vehicle Recognition Technology
PlateSmart , the industry leader in the vehicle recognition and analytics technology , and ALPR sectors is transforming into a complete vehicle recognition technology powered by artificial
intelligence and machine learning
As we close out the first few weeks of 2017 , American Security Today is taking the opportunity to talk with some of the leading players in security for their take on the state of the industry and where it is headed .
We caught up with John Chigos , CEO of PlateSmart Technologies for his thoughts .
PlateSmart is the industry leader in the vehicle recognition , analytics technology and ALPR sectors , as well as the 2016 ‘ ASTORS ’ Homeland Security Awards Program Platinum Winner for Best License Plate Recognition System , and the Gold Award Winner for Best Video Analytics Solution .
Feb 2017 Edition
American Security Today : Where do you see the security industry now , and specifically , where do you see ALPR at this point in time ?
John Chigos : The security industry is on an incredible growth curve right now , which isn ’ t surprising to me given the current state of the world .
Not to be a purveyor of doom and gloom , but we all know we are at an extremely dangerous point in history – not only overseas but especially within our own borders .
As a result , the industry is expanding rapidly ; some estimates project the global public safety and security market will top $ 400 billion in value by 2020 .
ALPR , and all vehicle identification technology , is a very significant piece of that market , one that the industry is embracing .
It is also in a period of tremendous change right now due to new innovations we ’ re working on at PlateSmart . It is transforming into a complete vehicle recognition technology powered by artificial intelligence and machine learning .
AST : What is unique about PlateSmart products and differentiates your products from your competitors , especially as it relates to government ?
John Chigos , CEO & Founder , PlateSmart Technologies
John Chigos : First off , PlateSmart doesn ’ t really have any direct competitors in the marketplace , because other players in this space don ’ t do ev-