Quanergy unveils new business model focused on 3D LiDAR solutions 

Business man at window - 3D LiDAR solutions at Quanergy

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Quanergy Solutions, a provider of 3D LiDAR solutions, has announced a new business model and value proposition that it says reflects the vision of company CEO, Enzo Signore.

Quanergy was founded on the belief that security needs to be more intelligent, more accurate and more proactive to serve its purpose in today’s dynamic environments,” said Signore.

“We’ve raised the bar by setting new benchmarks for event detection, classification and tracking to see beyond what currently exists and reach for what could be – and frankly should be – the new security technology imperative.”

3D LiDAR solutions

According to the company, today’s security systems rely on 2D sensors that are insufficient to fully monitor a 3D world, generate too many false alarms and cannot effectively operate in darkness when the majority of crimes are committed.

Moreover, these systems are designed primarily as forensic tools to support security operations after a crime has already been committed.

The company highlights that to truly help protect critical infrastructures – like data centers, utilities and airports – the ability to detect, with near-perfect accuracy, the presence of an intruder and dispatch guards to the exact location to prevent a crime – before it happens – is crucial.

Quanergy says that it solves these challenges by offering a groundbreaking 3D LiDAR (Light Detection and Ranging) solution that allows users to see beyond the ordinary by providing accurate real-time data, empowering countless security and business intelligence applications to heighten situational awareness and enable immediate proactive remediation.

Reducing false alarms

The company says that the 3D LiDAR solution helps combat alarm fatigue by dramatically reducing costly false alarms and brings the operators’ attention to what really matters most by focusing on real threats.

It enables proactive crime prevention and faster response time, day and night. Due to its sensor fusion technology, the solution is able to continuously track perpetrators through a large perimeter even if the terrain is uneven and has a lot of obstacles.

The solution also adheres to privacy laws since it does not capture any PII.

To ensure ease of deployment, Quanergy says the solution seamlessly integrates with over 40 existing VMSs, PSIMs and ONVIF cameras, and analytics platforms to supplement existing systems with near-perfect accuracy.

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