Iveda Philippines Advances Smart-City Initiative with IvedaAI™ and Launch of Nation’s First Forensics Desk in Bacoor City

Key Takeaways

Iveda has launched its AI-driven IvedaAI platform across Bacoor City, enhancing public safety.
The IvedaAI Forensics Desk allows police to rapidly analyze citizen-supplied video, improving response times.
The company’s $3 million smart-city initiative aims to modernize Metro Manila and is on track for revenue growth by FY 2026.

Deployment of AI Technology in Bacoor City

Iveda® (NASDAQ: IVDA), a leader in AI-driven video surveillance, has successfully implemented its IvedaAI™ platform within Bacoor City’s CCTV network. This initiative includes the establishment of the Philippines’ first IvedaAI™ Forensics Desk at the Bacoor City Police Station. It represents the second significant deployment in Iveda Philippines’ overarching $3 million smart-city program designed to enhance urban safety and infrastructure across Metro Manila.

Bacoor, the second-largest city in Cavite with nearly 700,000 residents, has a robust local government that prioritizes public safety. The integration of IvedaAI’s real-time analytics with the city’s extensive CCTV framework enables authorities to promptly detect and address critical incidents. The introduction of the IvedaAI Forensics Desk empowers local law enforcement to quickly analyze videos from various sources, vastly shortening the typical hours of manual review to mere seconds.

David Ly, CEO and Founder of Iveda, expressed optimism about the expansion of AI adoption across metro Manila, highlighting that patience and partnerships are essential for city-wide implementation. As municipalities increasingly recognize the value of AI in improving public safety, IvedaAI is becoming the go-to solution for managing surveillance in more than 42,000 barangays throughout the Philippines, each running its own police unit.

Since launching in the previous summer, the IvedaAI Forensics Desk has been well-received, and city governments nationwide are exploring its potential. The global smart-city market is anticipated to reach $80 billion in the current year, driving demand for scalable and economical AI solutions like IvedaAI. These ongoing developments position Iveda Philippines for significant revenue growth, targeting $3 million by FY 2026.

For more information on how Iveda can facilitate modern surveillance solutions and boost public safety, inquiries can be sent to sales@iveda.com.

Iveda Solutions® is at the forefront of cloud-based video AI technologies, dedicated to enhancing safety and infrastructure around the globe. Headquartered in Mesa, Arizona, with a branch in Taiwan, Iveda is publicly traded as “IVDA.”

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