Company Filing History:
Years Active: 2024
Title: Marko Milanovic: Innovator in Retail Loss Prevention
Introduction
Marko Milanovic is a notable inventor based in Belgrade, Serbia. He has made significant contributions to the field of retail technology, particularly in loss prevention systems. His innovative approach combines video analysis with motion detection to enhance security measures in retail environments.
Latest Patents
Marko holds a patent for a "System and method for detecting a cart-based loss incident in a retail store." This patent describes a method that involves decoding video frames from a stream to extract motion vectors. It detects the movement of shopping carts within a cash register lane, tracks their location, and classifies them based on the items present. An alert signal is generated when a cart reaches a predefined classification status, thereby improving loss prevention strategies in retail settings.
Career Highlights
Marko Milanovic is currently employed at Everseen Limited, a company that specializes in retail technology solutions. His work focuses on developing advanced systems that help retailers minimize losses and enhance operational efficiency. With his expertise, he has contributed to the growth and innovation of the company.
Collaborations
Marko collaborates with talented professionals such as Milutin Cerovic and Djordje Nedeljkovic. Together, they work on innovative projects that aim to revolutionize the retail industry through technology.
Conclusion
Marko Milanovic is a pioneering inventor whose work in retail loss prevention showcases the intersection of technology and security. His contributions are vital in helping retailers combat losses effectively.