Iveda® (NASDAQ: IVDA), a global leader in AI-driven video surveillance and smart-city technologies, today announced the successful rollout of its IvedaAI™ platform across Bacoor City’s CCTV netwo...
Second marquee deployment advances the company’s $3 million smart-city program across Metro Manila
MESA, Ariz.: Iveda® (NASDAQ: IVDA), a global leader in AI-driven video surveillance and smart-city technologies, today announced the successful rollout of its IvedaAI™ platform across Bacoor City’s CCTV network, alongside the installation of the Philippines’ first IvedaAI™ Forensics Desk at the Bacoor City Police Station. The project—completed in partnership with Bacoor’s trusted local systems integrator—marks the second marquee deployment under Iveda Philippines’ broader $3 million smart-city initiative aimed at modernizing metropolitan Manila and beyond.
Located just south of Metro Manila, Bacoor is Cavite’s second-largest city and home to nearly 700,000 residents. With one of the wealthiest local governments in the region, the city has invested heavily in public safety and infrastructure. By integrating IvedaAI’s real-time analytics with Bacoor’s expansive CCTV network, officials can now detect and respond to critical incidents quickly. Meanwhile, the new IvedaAI Forensics Desk equips local police with the ability to instantly analyze citizen-supplied video—from SD cards and flash drives to mobile phones—transforming what once took hours of manual review into seconds of actionable insight.
“Securing city-wide adoption takes patience and partnership, but momentum is building,” said David Ly, CEO and Founder of Iveda. “Our smart city contracts in metro Manila are growing, and we’re seeing municipalities across the capital region embrace AI as the next logical step for public safety for each neighborhood or ‘Barangay.’ With more than 42,000 barangays across the Philippines, each with its own police unit, IvedaAI for CCTV and the Forensics Desk for each police unit, is a winning combination that scales.”
Since its launch last summer, the IvedaAI Forensics Desk has been introduced to city governments across the Philippines. With the global smart-city market projected to reach $80 billion this year, the demand for scalable, cost-effective AI solutions like IvedaAI grows. These ongoing investments put Iveda Philippines on track for its $3 million revenue target by FY 2026.
To learn more about how Iveda can help your city modernize surveillance, enhance safety, and maximize existing infrastructure, contact sales@iveda.com
About Iveda Solutions®
Iveda (NASDAQ: IVDA) is the provider of global solutions for cloud-based, video AI search and surveillance technologies that protect the people, places, and things that matter the most. Iveda’s technology has the power to provide instant intelligence to existing infrastructure, enabling cities and organizations around the world to seamlessly enter the fifth industrial revolution. Iveda operates at the forefront of digital transformation of cities across the world, using IoT platforms with smart sensors and devices developed to aid with use cases surrounding public safety, security, elderly care, energy efficiency, and environment preservation. Headquartered in Mesa, Arizona, with a subsidiary in Taiwan, Iveda is publicly traded under the ticker symbol “IVDA”.
Fonte: Business Wire
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