Abstract: Method and system for performing event detection and object tracking in image streams by installing in field, a set of image acquisition devices, where each device includes a local programmable processor for converting the acquired image stream that consist of one or more images, to a digital format, and a local encoder for generating features from the image stream. These features are parameters that are related to attributes of objects in the image stream. The encoder also transmits a feature stream, whenever the motion features exceed a corresponding threshold. Each image acquisition device is connected to a data network through a corresponding data communication channel. An image processing server that determines the threshold and processes the feature stream is also connected to the data network.