Panoramic Cameras – How They Reduce TCO

panoramic camera

These Days, surveillance systems are a necessity than a privilege. More and more businesses are resorting to incorporating advanced closed-circuit television (CCTV) cameras in their security plan. One such state-of-the-art CCTV camera which is at the forefront of every organisation’s security strategy of late are the Panoramic Camera.


Monitoring a narrow passage or a part of a property can be easily achieved using a single dome or bullet camera but monitoring a large area in a circle like a huge roundabout or park is challenging. It would require several cameras, a good length of wires, expensive hardware and a hefty sum of money to maintain the software as well as hardware.


A single panoramic camera offers a wider field of view and can thus replace multiple traditional fixed field-of-view surveillance cameras.


Also referred to as 360° or 180° Panoramic Fisheye Cameras, they are IP surveillance cameras capable of covering up to 360 degrees and eliminate ‘blind spots’ (area behind the camera which is not in its view) in the monitoring zones.


Panoramic cameras aptly suit the rising trend of organisations upgrading their security systems by replacing multiple fixed cameras with fewer panoramic cameras that cover up the same area.


Besides, they also offer cost savings without compromising on image quality. It means that the Total Cost of Ownership (TCO) of the devices over the solution’s lifespan is significantly lower.


How do Panoramic Cameras achieve lower TCO?

The first obvious reason for cost saving is that only one panoramic camera is capable of covering up to 360 degrees, which means that there is an instant saving with not having to purchase, install and maintain multiple pieces of equipment to get the same level of coverage. The scale of cost and time savings become evident with time.


With advancements in technology, high-resolution multisensor cameras now can function with only one chip for multiple sensors. It means there is already a cost-saving, as multi-camera solutions need each camera to have its own chip, which drives up costs in terms of the devices required for the solution, as well as the energy consumption required to power multiple chips.


Additionally, for installation of panoramic cameras, only one cable, one VMS and one device have to be set up. With regards to maintenance, again as only one cable is employed, it is easy to identify where an issue may lies. Except for repair issues, many panoramic cameras can be refocused remotely. They are also much more compact, meaning they can be integrated into most environments without an issue.


On a day-to-day basis, panoramic cameras are a more flexible solution, especially for businesses with changing layouts and needs from their surveillance. Multidirectional cameras can be adjusted to point and angle at the desired target, without having to physically move the unit to another location, unlike adjusting a conventional camera that hasn’t been mounted in the right position.


Cutting-edge panoramic cameras are available with several smart technologies which help improve efficiencies, like ways to reduce storage and bandwidth. Some also offer analytics to capture additional data that can be analysed to provide insights to increase business productivity and security.


For instance, in a retail environment, camera analytics could identify that a store is particularly busy during lunchtime Monday-Friday. Store managers could use this insight to open additional cash registers over the busy period to increase the number of sales, without wasting resources when the shop floor is quieter.


All of the above points demonstrate how panoramic cameras can provide cost benefits in terms of installation and operation compared to conventional cameras. Panoramic cameras, being able to use smart functions can help an organisation by identifying potential issues and inefficiencies that can be addressed to save resources further. They also offer cost savings associated with keeping premises safe and secure, such as avoiding lawsuits if someone is injured on-site, or the cost of lost assets if stock is stolen or damaged.

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