Glenn Matson's questions to Veritone Inc (VERI) leadership • Q4 2024
Question
Glenn Matson of Ladenburg Thalmann & Co. Inc. asked for clarification on how the new Intelligent Digital Evidence Management System (IDEMS) offering differs from previous public safety products and inquired about the competitive landscape and Veritone's key differentiators in the field.
Answer
Executive Ryan Steelberg explained that IDEMS is a comprehensive suite of applications (including Redact, Illuminate, Track, and Investigate), a significant expansion from the one or two historical applications. This allows for handling larger, diverse data sets and workflows. He characterized the public sector space as a greenfield opportunity, differentiating Veritone by its open platform, aiWARE, which can ingest, index, and correlate disparate data types into a single common platform, a critical capability that closed, single-vendor systems lack.