An Entrepreneur is defined as a person who organizes and operates a business or businesses, taking on greater than normal financial risks in order to do so. I have met a lot of entrepreneurs over the years. It takes the right mix of risk taking, ideas, and hard work to get a business going. At the GSX show in Las Vegas, I had the opportunity to interview my friend and entrepreneur, Steve Reinharz. As you’ll hear from the podcast, I believe there is one more feature in an entrepreneur: passion. And Steve has it!
Steve is the founder and CEO of Robotics Assistance Devicesor “RAD” for short. RAD is the wholly owned subsidiary of Artificial Intelligence Solutions, Inc. (AITX), a publicly traded company which sells on the OTC markets. When you click on RAD’sLinkedIn page, it states that the company innovates in the “delivery of artificial intelligence and robotic solutions for operational, security, and monitoring needs.” And they work every day to achieve that goal. Steve founded RAD in 2016, having spent most of his career as a security systems integrator. A believer in power of artificial intelligence since reading about it in high school, he has constantly been watching and waiting for the opportunity.
His original vision started with an outdoor, multi terrain autonomous robot platform built by a 3rdparty. He then integrated CCTV, analytics, and communication devises, to create a security robot platform. Although all worked fairly well, there were challenges. The biggest stemmed from the difficulty of the security officer to work with multiple platforms to monitor and operate the robot.
Each day he and his Southern California based team learned lessons, listened to feedback from customers, evaluated the market needs, and in the fall of 2017 made the brave decision to pivot and create his own platform. The first step was to go away from an autonomous multi terrain moving platform. Using LTE connection, the navigation worked 80% of the time, which he knew wasn’t good enough. He also knew he needed to pull all the technology into a single platform for all users at a price point that would not scare early adopters of the technology.
They integrated the hardware and software into what is now called the RAD Suite, allowing for a single online solution for the security operators to integrate into his hardware. He also took his machine learning algorithms and put them into a 6’ 8” tall tower loaded with cameras and sensors, then added a battery that will power the unit for over 10 days. The end product they call the Security Control and Observation Tower or SCOTfor short. The SCOT, which was introduced at the ISC West show in April of 2018can be put anywhere (as long as it has cellular or WIFI service) and up and running within minutes. It provides 360 degrees of video coverage with human and vehicle detection included. In addition, it has a touch pad tablet that allows for video communication with a security command center, two-way communication, LED broadcast display, MAC ID trackers, license plate recognition, a visitor management system, and so much more. All that in a cost-effective price that significantly helps breakdown the barrier to entry for this new artificial intelligence-based product.
In today's podcast, Steve and I talk about the market and the advantages that SCOT will bring to the market. Please listen here or on iTunes and please leave your comments below. You can subscribe to the AI & Security podcast on iTunes or where ever you get your podcasts. Enjoy.
20 Fillmore Street, Wareham, MA 02571