A Kanata tech firm known for helping to secure some of the world’s biggest banks is looking to increase its footprint in some of the retail sector’s smallest businesses.
March Networks, which develops video surveillance technology, said this week that it was rolling out a software-as-a-service offering aimed at convenience stores.
The local company – which was acquired by Chinese holding company Infinova in late 2011 for $90 million – believes it can win new customers by eliminating the need for individual stores and chains to purchase and maintain their own IT infrastructure.
In addition to identifying fraud and theft, March Networks’ technology helps organizations monitor and track performance indicators such as customer wait times, employee performance and store cleanliness.
Most of March’s clients are enterprise customers in the banking, retail and transportation sectors. They include Wal-Mart, four of the top five Canadian banks, Cincinnati-based Fifth Third Bank, the Bank of New Zealand, U.S. bookseller Barnes & Noble, Japanese clothing manufacturer Uniqlo and the Toronto Transit Commission.
Locally, March’s surveillance technology can be found at the Canadian Tire Centre, the Canadian Museum of History, the Canadian War Museum and OC Transpo stations.
The company recently found a niche in the rapidly growing cannabis sector with a “seed to sale” tracking solution.