Overwatch Stops Car Theft

The National Insurance Crime Bureau presented alarming statistics regarding car thefts in the U.S. (Source).

• Over 1 million vehicles are stolen annually.
• Colorado had 42,237 motor vehicle thefts in 2022.
• California had 202,685 motor vehicle thefts.
• Colorado also led the nation in 2021 with the highest overall theft rate at 661.21 thefts per 100,000 people.  

Given the current economic climate and supply chain challenges, immediately replacing a car can be possible for the average American family. As per NPR data:

• The average new-vehicle transaction price is $48,763,
• The average used vehicle costs now average $26,510. 

The statistics show that property owners must install a robust security infrastructure to stop car thefts successfully. The stakes are too high now. According to The New York Times, in 2020, the prices of essential materials like steel and copper were climbing rapidly. Vehicle manufacturers in many key developing countries often have their factories shut down due to the ongoing threat of COVID-19. 

We at Overwatch Technologies alleviate people’s pain of lack of mobility and the high cost of the loss, preserving their motor vehicles with our live video surveillance, including bikes!

In this video, the perpetrator was loitering, aiming to steal a car from the furthest of the camera sneakily. However, our live agent and AI technology successfully stopped the crime, and the perpetrator ran out of range.

Overwatch Technologies is unique in the market because we have: 

• Cutting-edge facial recognition and object detection technology are integrated into our cameras.
• Around-the-clock video surveillance by live agents to ensure immediate intervention.
• Bi-directional voice function for verbal commands.
• Robust encryption and continuous updates protect against threats.

We are confident in our security solution to safeguard your vehicles and stop crimes timely.

Learn more by filling out the form below!