Veritone Launches AI-Powered iDEMS for Public Safety and Judicial Agencies
Veritone, Inc. (VERI) launches iDEMS, a cloud-based digital evidence management platform integrating AI to streamline investigations for public safety and judicial agencies. The platform, hosted on AWS, automates workflows, improves evidence discovery, and enhances analysis by centralizing digital evidence and integrating with leading software platforms. Veritone aims to address the challenge of managing vast volumes of digital evidence efficiently, with iDEMS at the forefront of market growth in digital evidence management systems.
The launch of Veritone's Intelligent Digital Evidence Management System (iDEMS) represents a significant advancement in the realm of digital evidence management, particularly for public safety and judicial agencies. The integration of AI into these systems can streamline complex workflows, enhance the speed and accuracy of investigations and potentially lead to cost efficiencies. Considering the projected market growth, with a compound annual growth rate of 10% or more, leading to an estimated global market size exceeding $12 billion by 2028, this innovation positions Veritone as a competitive player in a rapidly expanding field.
From a market perspective, the adoption of iDEMS could lead to an increase in demand for Veritone's services, potentially impacting its financial performance positively. The system's ability to integrate with a variety of industry-leading platforms and tools, such as those for video management and e-discovery, widens its applicability and market reach. Moreover, the availability of iDEMS on the AWS Marketplace simplifies procurement for agencies, which could accelerate adoption rates and further stimulate revenue growth for Veritone.
The compliance aspect of Veritone's iDEMS with the Criminal Justice Information System (CJIS) on AWS is noteworthy. This compliance is crucial for any technology employed within the realm of public safety and judicial matters, as it ensures that sensitive data is handled according to stringent security protocols. By meeting these standards, Veritone not only mitigates legal and reputational risks but also gains a competitive advantage by appealing to agencies that prioritize data security and compliance.
Furthermore, the AI for Good principles embedded within iDEMS reflect an ethical approach to AI development and implementation. This is increasingly important as public sector agencies are under scrutiny for how technology is used in law enforcement and judicial processes. By emphasizing ethical AI use, Veritone may foster trust and credibility among potential clients, which is essential in sectors handling sensitive and potentially contentious data.
Veritone's iDEMS is built on the aiWARE platform, which is recognized for its AI capabilities. The technical workflow integrations with open APIs and various law enforcement solution providers indicate a level of interoperability that is crucial for modern software solutions. The ability to centralize and streamline redaction, analysis and evidence discovery processes addresses a critical bottleneck in the investigation process—managing vast amounts of unstructured data such as audio and video files.
AI models like transcription, object detection, facial detection and scene detection are not just innovative; they are transformative for investigative work. These tools can significantly reduce the time investigators spend on manual review and increase the accuracy of evidence processing. The long-term implications for stakeholders include not only more efficient and effective investigations but also the potential for quicker resolutions in judicial processes, which can have profound societal impacts.
03/12/2024 - 07:00 AM
Veritone’s iDEMS (Intelligent Digital Evidence Management System) platform is one of the industry’s first cloud-based digital evidence management solutions to integrate AI to automate digital workflows and accelerate the investigation process
DENVER --(BUSINESS WIRE)--
Veritone, Inc . (NASDAQ: VERI), a leader in designing human-centered AI solutions, today launched its new Intelligent Digital Evidence Management System (“iDEMS”) which leverages AI to modernize existing digital evidence management systems. iDEMS helps public safety and judicial agencies extract valuable data and insights to solve investigations more efficiently by automating workflows from data silos into a secure, centralized AI-driven system that significantly improves upon legacy evidentiary software.
Built on Veritone’s award-winning aiWARE™ platform and hosted on Amazon Web Services’ (“AWS”) Criminal Justice Information System (“CIJS”)-compliant environment, iDEMS is a cloud-based platform comprised of Veritone’s market-leading public sector solutions – Veritone Investigate, Redact, Illuminate, Tracker and IDentify . iDEMS has seamless downstream workflows to centralize digital evidence, streamline redaction, improve analysis and evidence discovery, track persons of interest across all containerized content files and identify persons of interest from an existing records database. The solution also provides technical workflow integrations with many of the industry’s leading software platforms and tools, including:
Freedom Of Information Act (“FOIA”) providers such as Granicus and Opexus;
Video management systems like Milestone and Qognify;
e-discovery platforms such as Relativity;
Investigations and forensics providers such as Exterro and Nuix; and
Any open APIs offered by other law enforcement solutions providers such as Axon’s Evidence.com and Cellebrite
“Veritone iDEMS equips public safety and judicial agencies with extensive AI capabilities, offering a centralized repository with AI-enabled software applications to address the formidable challenge posed by vast and growing volumes of digital evidence that agency personnel need to review,” said Jon Gacek, general manager for Veritone Public Sector. “With iDEMS, agencies can ingest all digital evidence data, including audio, video and documents, from their existing systems, organize it and share it securely inside and outside their organization. Veritone’s AI-enabled technology swiftly and accurately identifies crucial evidence that can be efficiently reviewed and processed by agency personnel to accelerate investigations.”
Veritone iDEMS comes at a time of rapid market growth for digital evidence management systems. The Gartner® Market Guide for Digital Evidence Management Systems (published January 30, 2024) notes that “reports estimate the global market size to exceed $12 billion 10% or more.”*
At the heart of iDEMS is Veritone Investigate, which provides a customizable user interface and serves as the central evidence hub to store, manage, analyze and share all digital evidence files. Investigate connects to any cloud or on-premise data source, such as 911 and video management systems, and ingests any type of media files, including body-worn camera footage, surveillance footage and jailhouse calls. Investigators can leverage primary and advanced AI models to catalog and tag unstructured data within audio, video and PDF evidence files, leading to actionable insights. Investigate automatically runs and processes primary AI models such as transcription, object detection, facial detection and scene detection to help agencies search, discover and catalog the fundamental information needed to accelerate investigations.
Ryan Steelberg, president and chief executive officer of Veritone added, “The public sector increasingly considers AI a necessary and mission-critical tool, especially as agencies face the exponential risk of increased unstructured data, coupled with the challenges of constantly fluctuating or shrinking budgets. Veritone iDEMS was built on strict policies and secure architecture to uphold and support the highest levels of security and compliance. With our AI for Good principles, embedded within iDEMS, Veritone aims to set the standard in ethical development, implementation and use of AI in the public sector and all markets we serve.”
Veritone Investigate is available for procurement directly from Veritone and through multiple channels and partners, and it is the first application in the iDEMS suite that is now available in the AWS Marketplace.
To learn more about Veritone iDEMS, please visit: https://www.veritone.com/solutions/intelligent-digital-evidence-management
*GARTNER is a registered trademark and service mark of Gartner, Inc. and/or its affiliates in the U.S. and internationally and is used herein with permission. All rights reserved.
About Veritone
Veritone (NASDAQ: VERI) designs human-centered AI solutions. Serving customers in the talent acquisition, media, entertainment and public sector industries, Veritone’s software and services empower individuals at the world’s largest and most recognizable brands to run more efficiently, accelerate decision making and increase profitability. Veritone’s leading enterprise AI platform, aiWARE™, orchestrates an ever-growing ecosystem of machine learning models, transforming data sources into actionable intelligence. By blending human expertise with AI technology, Veritone advances human potential to help organizations solve problems and achieve more than ever before, enhancing lives everywhere. To learn more, visit Veritone.com .
Safe Harbor Statement
This news release contains forward-looking statements. Without limiting the generality of the foregoing, words such as “may,” “will,” “expect,” “believe,” “anticipate,” “intend,” “could,” “estimate” or “continue” or the negative or other variations thereof or comparable terminology are intended to identify forward-looking statements. In addition, any statements that refer to expectations, projections or other characterizations of future events or circumstances are forward-looking statements. Assumptions relating to the foregoing involve judgments and risks with respect to various matters which are difficult or impossible to predict accurately and many of which are beyond the control of Veritone. Certain of such judgments and risks are discussed in Veritone’s SEC filings. Although Veritone believes that the assumptions underlying the forward-looking statements are reasonable, any of the assumptions could prove inaccurate and, therefore, there can be no assurance that the results contemplated in forward-looking statements will be realized. In light of the significant uncertainties inherent in the forward-looking information included herein, the inclusion of such information should not be regarded as a representation by Veritone or any other person that their objectives or plans will be achieved. Veritone undertakes no obligation to revise the forward-looking statements contained herein to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events.
View source version on businesswire.com: https://www.businesswire.com/news/home/20240312180493/en/
Valerie Christopherson or Lora Metzner
Global Results Comms (GRC)
Veritone@globalresultspr.com
Sarah Rich
srich@veritone.com
Source: Veritone, Inc.
What is Veritone's ticker symbol?
Veritone's ticker symbol is VERI.
What is iDEMS?
iDEMS is Veritone's Intelligent Digital Evidence Management System, a cloud-based platform integrating AI to streamline investigations for public safety and judicial agencies.
What are some key features of iDEMS?
iDEMS centralizes digital evidence, automates workflows, improves evidence discovery, integrates with leading software platforms, and offers AI-enabled technology for efficient investigation acceleration.
Where is iDEMS hosted?
iDEMS is hosted on Amazon Web Services' Criminal Justice Information System (CIJS)-compliant environment.
What is the market size estimate for digital evidence management systems by 2028?
Reports estimate the global market size to exceed $12 billion by 2028 with compound annual growth rates at 10% or more.
