Panoramic cameras: A practical way to reduce TCO
There is a current, rising trend for organizations updating their systems to replace multiple fixed cameras with fewer panoramic cameras that cover the same area.
This is because they can offer many cost savings without compromising on image quality, meaning the total cost of ownership (TCO) of the devices over the solution’s lifespan is significantly lower.
How is TCO reduced?
The first obvious cost saving is that only one panoramic camera is capable of covering up to 360 degrees, meaning there is an instant saving associated with not having to purchase, install and maintain multiple devices to get the same level of coverage. But drilling into this further, it’s clear to see the scale of these cost and time savings.
With advancements in technology, high resolution multisensor cameras now can use one chip for multiple sensors. This means there is already a cost saving, as multi-camera solutions require each camera to have its own chip, driving up costs in terms of the components needed for the solution, as well as the energy consumption needed to power multiple chips.
Furthermore, during installation, only one cable is needed, only one VMS licence is needed and only one device needs to be set up. In terms of maintenance, again as only one cable is used it is easy to identify where an issue may lie. Outside of repair issues, many panoramic cameras can be refocused remotely, to ensure they are capturing the required scene. They are also now much more compact, meaning they can be integrated into most environments without issue.
On an on-going basis, panoramic cameras offer a much more flexible solution, especially for businesses with changing layouts or needs from their surveillance. Multidirectional panoramic cameras can be adjusted to point and angle at the desired target, without the need to physically move the unit to another location, as you would have to if you wanted to adjust a conventional camera that wasn’t mounted in the right position.
One example of how the installation of panoramic cameras has improved efficiencies and lowered costs is Romanian brewery Ursus Breweries. The brewery has 2,500 employees across three large sites and a microbrewery. Due to the nature of beer production, the safety of all employees across the plant is of high importance, so having full visibility of the factory floor and outdoor areas in case of accident of emergency is crucial. You can see more about how Ursus Breweries is using Axis solutions in the below film:
Panoramic cameras are available with several smart technologies to help improve efficiencies, such as ways to reduce storage and bandwidth or analytics to capture additional data that can be analyzed to provide insights to increase business productivity and security. For example, in a retail environment, analytics may be able to identify that a store is particularly busy during lunchtime Monday-Friday. Store managers can use this insight to open additional cash registers over the busy period to increase the number of sales that can be processed, without wasting resources having them open when the shop floor is more quiet.
All of the above points show how panoramic cameras can both provide cost benefits in terms of operations and installation compared to conventional cameras, while also being able to use smart functions that can help the organization overall by identifying potential issues or inefficiencies that can be addressed to further save resources. All that as well as the cost savings associated with keeping premises safe and secure, such as avoid lawsuits if someone is injured on-site, or the cost of lost assets if stock is stolen or damaged.
A good background on what panoramic cameras are and how to select the best panoramic camera for your business needs has been previously discussed in this post.