Industry’s first 3D Lidar Security as a Service offering

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Quanergy Solutions, Inc. has released what is thought to be the industry’s first Security as a Service (SaaS) model for the revolutionary Q-Track 3D Lidar (Light Detection and Ranging) solution. This yearly subscription option offers enhanced financial flexibility, allowing enterprise users to budget their powerful Q-Track solutions as an operating expense versus a capital expense.

“Our vision at Quanergy is to provide real-time, proactive awareness for dynamic environments that demand higher levels of event detection, classification and tracking,” said Enzo Signore, CEO, Quanergy Solutions. “With the introduction of a Security as a Service model for our Q-Track 3D Lidar solutions, Quanergy now provides enterprise organisations with the opportunity to derive greater ROI from their security budgets, while improving overall security performance and fostering controlled scalability for future growth.”

Quanergy Q-Track solutions address the longstanding challenges faced by enterprise organisations’ security operations, including the reactive nature of conventional video systems and technologies, and the high cost and low efficacy of manned guard services. Q-Track addresses these issues and more with new benchmarks in proactive performance and cost-efficiency for myriad mainstream physical security and business intelligence applications.

Quanergy Q-Track combines advanced 3D Lidar sensors and AI-driven smart perception software with the unique ability to simultaneously detect, classify and track 600+ individuals/objects with near-perfect accuracy over vast areas – even in complete darkness.

Under the new Security as a Service model, subscribers will be able to benefit from Q-Track’s performance capabilities in a single, easy to deploy system package that includes 3D sensors, perception software license, support, maintenance, upgrades, and a warranty for the entire duration of the subscription. Starting from 90 days for qualified projects and proof of concept, Q-Track is available with annual SaaS subscription terms that adapt to an organisation’s specific requirements.