What Would You Pay for Automated Video Analysis?

A review of commercial and research applications of automated video analysis in the Americas, EMEA and Asia a) offers a snapshot of the state-of-the-art, b) reveals some of the forces that determine future solutions, and c) suggests a price tag for this new technology. Despite a rapid increase in (video) data and the fact that this deluge cannot be managed with human resources alone people are expensive and ineffective customers are reluctant to accept help from a technology that occasionally makes really dumb mistakes. Will this reluctance vanish over time without radical improvements in the technology? Will the technology improve and prevent these mistakes in the future? If so, how? Are there applications where the current mistakes are acceptable? What is the right price tag for the technology?