Abstract: The present disclosure provides techniques for capturing, processing, and displaying panoramic content such as video content and image data with a panoramic camera system. In one embodiment, a method for processing panoramic video content may include communicating captured video content to a virtual sensor of a panoramic camera; applying a machine learning algorithm to the captured video content; identifying content of interest information suitable for use by at least one smart application; and executing a smart application in connection with the identified content of interest information. The machine learning algorithm may include at least one of a pattern recognition algorithm or an object classification algorithm.