Corporate News
Event Notice: SECURITY SHOW Japan 2014
SECURITY SHOW is Japan’s largest comprehensive exhibition of security and safety industry. It showcases a wide spectrum of products, technology, systems and services to protect offices, store, public facilities and homes from crimes, information leakage and other hazardous conditions. Its exhibits include video surveillance systems, access control systems, information security systems and many security related products.
Source messe.nikkei.co.jp
AGT International Forms Strategic Alliance with Cisco For Safe Cities
AGT International, a global leader in city solutions, and Cisco, the worldwide leader in IT, have formed a “Smart City Global Strategic Alliance” that will deliver the promise of the Internet through edge analytics and cloud technologies that dramatically change the way cities are managed and safeguarded. In a joint press release, the companies explained how the two companies will work together: “Built around AGT’s state-of-the-art urban management platform, the solution applies multiple sensing and analytical technologies such as video and acoustic analytics, social media engagement, license plate recognition, facial recognition, mobile crowd sourcing, mobile applications for city civil workers, smart waste and other sources. AGT’s city fusion platform, powered by Cisco Unified Computing System™ technology, uses big data analysis to reduce false alerts while increasing incident detection rates. Sharing a common platform, infrastructure and management allows agencies to be more efficient and cost-effective, especially when coping with decreasing budgets. These benefits can all be achieved in a decentralized city administration model, where agencies’ autonomy is maintained while sharing and reuse is maximized. Further Information AGT Press Release: AGT Videos AGT International Website
Source big-project.eu
Axis Announces Nine Promotions In Its North American Team As A Direct Result Of Its U.S. Expansion Plan
Published on 27 Feb, 2014 As part of Expansion Plan, Axis designated six Business Areas in the U.S., namely the Northeast, Mid-Atlantic, Southeast, Midwest, South Central and West Axis promotes its area sales managers to business area managers Axis Communications , the world leader in network video, recently announced nine promotions in its North American team as a direct result of the recently unveiled U.S. Expansion Plan designed to bring the company closer to its partner network and mutual end-customers. Axis’ three National Sales Managers have been promoted to Business Area Managers and are responsible for the planning and execution of all operations originating from their Business Area office: Karl Radke, Midwest Bill Wendlandt, West Ted Wilkinson, Northeast Additionally, six Axis Regional Sales Managers have been promoted to Area Sales Managers to provide leadership, direction and support to the sales team in their respective Business Area: Chris Cavey, South Central Steve Darragh, Mid-Atlantic Tom Kelley, Northeast Kyle Reinoehl, Midwest Steve Stanberry, West Paul Thompsen, Southeast As part of the Expansion Plan, Axis designated six Business Areas in the U.S., namely the Northeast, Mid-Atlantic, Southeast, Midwest, South Central and West. Operations that thrive on regional knowledge and face-to-face interaction have moved to each Business Area – including sales, field sales engineering, local event marketing and Axis Communications’ Academy training. Additionally, each Business Area will have a dedicated customer-facing office complete with a customized Axis Experience Center, training facilities and boardroom-style meeting rooms. With Axis offices outside of Boston (Northeast), Chicago […]
Source www.sourcesecurity.com
Axis Communications: 30 Successful Innovative Years
Lund, February 27, 2014 Axis Communications is celebrating its 30th anniversary. Founded in 1984 in Lund, Sweden, Axis has developed innovative products, solutions, and technologies throughout its history. By constantly staying on technology’s leading edge, Axis is the global market leader in network video and continues to drive industry innovation by launching pioneering products and solutions. Axis is constantly developing and revitalizing itself as a company—a critical success factor that explains the company’s growth. Martin Gren, Mikael Karlsson, and Keith Bloodworth founded Axis in 1984. Then, the company developed and sold network printing solutions. A strategic shift and launch of the world’s first network-based surveillance camera laid the foundation for the Axis of today: a global market leader in network video, whose intelligent security solutions enable a smarter, safer world. “We’re very proud of everything we’ve accomplished during these past 30 years,” says Ray Mauritsson, president, Axis Communications. “Our success is based on a combination of innovative products and solutions, a global network of loyal partners, and a dedicated team.” Axis is the global market leader with more than 1,600 employees in more than 40 countries and 65,000 partners in 179 countries. In 2013, sales climbed to SEK 4,717 million; growth reached 17%. Continuous information and capabilities sharing with its partners has been a key part of Axis’ role as industry leader. The Axis Communications Academy is one example. Since 2005, more than 35,000 persons have gone through the partner training program and learned about the advantages of network […]
Source www.axis.com
ImageWare Systems Biometric Engine Named Envisioneering Innovation And Design Award Winner
Email | Comment Share Imageware Systems Inc. 10883 Thornmint Rd. San Diego, CA, 92127 USA Press release date: February 24, 2014 Clever Mobility Products Track Gaze, Power the Internet of Things, Locate Loved Ones, Speed Mobile App Development, Broaden Social Media BARCELONA, Spain — ShowStoppers @ MWC 2014 – ImageWare Systems, Inc. (OTCQB: IWSY) (IWS), a leader in mobile and cloud-based, Multi-modal biometric identity management solutions, has today announced that it has been selected as an Innovation and Design Award Winner, 2014 for its Biometric Engine® (BE) a patented, real-time, high performance, Cloud enabled Multi-modal biometric database. Visit ImageWare at Booth at MWC 7K08 Hall 7, mobile payment pavilion. After three weeks of careful deliberation by five judges in North America and Europe, industry research firm Envisioneering recognized eleven companies for thirteen innovations which break new ground in technologies for improving work, home and play. Envisioneering judges selected the winners of the Innovation Design Awards from more than 30 companies who launched new products during ShowStoppers, the product showcase event for journalists at GSMA’s Mobile World Congress, Barcelona. The winners spanned from clever, efficient protocols which link the Internet of Things, to iOS and Android app toolkits to personal protection and peace of mind monitors for family members to biometric and eye control and log-in tools and products. "The companies represented among this year’s winners are stepping up their tempo and pace of innovation," said Richard Doherty, Envisioneering’s Research Director and lead Judge. "With a keen focus on […]
Source news.thomasnet.com
AVer Signs Distribution Agreement With ESMS To Sell Products In India
Published on 28 Feb, 2014 The partnership between AVer and ESMS will bring benefits and improve the common goal of providing better security solutions to businesses within the Indian market ESMS will introduce AVer’s video surveillance products and solutions to its channel partners and system integrators AVer , a major global provider of presentation/education solutions, security surveillance solutions and video conferencing solutions is excited to announce a new distribution agreement with Ex-servicemen’s Multipurpose Service (ESMS) India Pvt. Ltd to sell video surveillance products in India. Both companies have a proven record in this industry and are looking forward to the mutual benefits this cooperation will bring. ESMS was founded in 1988 and has established itself as one of India’s leading manned and automated security solution providers. As a group, ESMS has grown steadily to a current workforce of over 4000, comprising of security specialists, engineers as well as security forces, all of whom retain the dedication, skill and commitment of the armed forces. ESMS is well represented throughout India, with 15 offices nationally. The founders and the current management team are all professionals that have been drawn from both the corporate and defence sectors, and this diversity is at the heart of ESMS’s success. Under the distribution agreement, ESMS will be introducing AVer’s range of video surveillance products and solutions to its channel partners, system integrators and enterprise customers across all industry verticals. AVer’s surveillance products are renowned for their reliable product quality and powerful central management software, making […]
Source www.sourcesecurity.com
Company Valuations For Systems Integrators: Recurring Revenue, Technology, Vertical Markets, Service, All Affect Value
Much has been written about how security dealers, with their profit-rich recurring monthly revenue (RMR), are valued in the marketplace, but the factors that go into valuating systems integration companies has been covered to a lesser extent. RMR — if any exists in the integrator business — certainly plays a role in determining value, but a distinction is made between RMR from monitoring and RMR from service. There are other similarities in how the two types of businesses are valued, such as service efficiencies and the composition of customer contracts. Differences exist in the type of technology the integrator offers and the vertical markets that comprise the client base. According to Bill Polk, managing director, CapitalSource, Chevy Chase, Md., the primary driver of valuations is the liquidity of capital markets. While the current economy has restrained the flow of capital to a degree, Polk believes low default rates characteristic of the security industry have and will continue to lead to rising valuations. “We’re in an environment where debt markets have come back,” Polk says. “The high-yield bond market has been extremely active over last 12 months and this is driving up value. Falling default rates, more competition and generally favorable economic reports are driving pricing down, which is making it cheaper to borrow.” Polk adds that in such a market, “the security industry has proven over the last 24 months a safe port in a storm.” Still, the availability of capital varies greatly for systems integrators ranging from the […]
Source www.sdmmag.com
OnSSI Launches Relationship With Two Rep Organisation For Expansion Of Ocularis VMS Sales
Published on 26 Feb, 2014 Tec-Rep will represent OnSSI across the Great Lakes Territory, including MI, OH, West Upstate NY, IN, KY, West PA and WV OnSSI launches relationships with Tec-Rep and SEGI OnSSI announced recently that they have launched relationships with two new rep organisations to expand sales for the company’s flagship Ocularis Video Management Software platform across a wide swath of states in the continental U.S. “With the addition of these two strong players, OnSSI will expand our capabilities while building on our current customer base in those territories,” said Bohiorad Anderson, National Sales Manager, OnSSI. “It is our strategy to continue adding strong and successful representatives to support our growing sales organisation.” Tec-Rep will represent OnSSI across the Great Lakes Territory, including MI, OH, West Upstate NY, IN, KY, West PA and WV. Founded in 1997, Tec-Rep provides solutions for integrators, end users and consultants to optimise their technology budgets and provide excellent support. The company is based in Brunswick Hills, Ohio. “We are excited to be representing OnSSI and continuing to support an exceptional dealer base as well as continuing to drive new opportunities for this region,” said Timothy DeBarr, President, Tec-Rep. “This is a great opportunity for our organisation to continue to expand and we are pleased to be part of the team.” SEGI, of Tempe, Arizona, will represent OnSSI sales in the mountain territory of CO, UT, NM, WY and MT. Since its launch 16 years ago SEGI has grown into the leading […]
Source www.sourcesecurity.com
Canon Middle East Partners With Ezah Company To Provide Security Solutions In Saudi Arabia
IP Security Camera business to meet growing demand Canon Middle East, a world leader in imaging solutions, has announced a new partnership in the Kingdom of Saudi Arabia with Ezah Company for Technologies Ltd. The agreement is part of Canon’s focus on meeting increasing demands across the Kingdom’s security solutions industry which, according to the Middle East Market for CCTV and Video Surveillance Equipment is expected to grow 25 per cent a year until 2016 With new project announcements across banking, hospitality and government sectors among others, Canon is strengthening its portfolio of network and security solutions in Saudi Arabia with a focus on providing innovative IP Security Cameras. The full HD IP Cameras are ONVIF compliant and range from the ultra-compact S-series cameras to the H-series cameras which are capable of low-light shooting, smart shade control and wide angle view. The strength of Canon in the imaging business and demand of the surveillance camera market will be leveraged in the venture with Ezah Company for Technologies Ltd. As a home-grown organisation, Ezah Company for Technologies Ltd. has more than 20 years’ experience in the military and government markets. Its specialties include advanced electronic and electro-mechanical systems used for military activities, communications and signal corps sectors. The partnership with Canon Middle East will extend the Canon portfolio of IP Security Cameras and will include the PTZ Minidome VB-S30D, PT Minidome VB-S31D, Fixed Minidome VB-S800D and Fixed Box VB-S900F. By combining Canon Middle East’s product and marketing knowledge with on-the-ground […]
Source saudi.tpg-media.com
Seagate Releases Surveillance HDD Exclusively For Video Surveillance Market
Seagate, a globally recognized American storage vendor has announced the release of its Surveillance HDD, which is a 7 th generation drive, engineered specifically for video surveillance and video analytics applications. Seagate Surveillance hard disk drives are available in 3.5 inches dimension and in a 4TB storage capacity which can store up to 480 hours of HD content. Seagate Surveillance Hard disks are incorporated with rotational vibration sensors and can reliably perform in systems with up to 16 drives. These drives can perform excellently in environments where camera count is plenty and can support write workloads from up to 32 channels. Moreover, Seagate Surveillance hard disk drives are manufactured in such a way that users can customize power settings and better support motion-activated cameras, without a miss of a single frame. Seagate Surveillance HDDs are being offered with 1 million hour MTBF and consume less power and emit less heat with greater design flexibility. Seagate Surveillance Hard Disks are exclusively designed for all 24×7 security applications and are available from the second week of March 2014 worldwide. The price of the Seagate Surveillance Hard Disk drives with 4TB capacity is $137.
Source storageservers.wordpress.com
Women’s Security Council Announces 2014 Women Of The Year Awards Program
This annual honor recognizes top female professionals in the security marketplace. The Women?s Security Council, a network of successful security professionals focused on promoting the advancement of women in the industry, has opened nominations for its 2014 Women of the Year awards. The annual initiative is aimed at recognizing the top female professionals in the […]
Ultimate Security Products Becomes 3xLOGIC Manufacturer Rep
Source: 3xLOGIC | Date: 02/20/2014 Related tags: 3xLOGIC , manufacturers , business development , ULTIMATE Security Products 3xLOGIC, a provider of advanced video surveillance and video-enabled Business Intelligence (BI), announced the appointment of Ultimate Security Products as its newest manufacturer’s representative serving Minnesota, North and South Dakota, Nebraska, Kansas, Iowa, and Missouri. Founded in 2010, Ultimate Security Products’ mission is to provide Integrators, Security Dealers and Distributors with “Best-in-Class” security products that will help their customers expand their business and their profits. The Kansas-based company will represent 3xLOGIC and its complete line of VIGIL Video Servers, VIGIL VMS (Video Management System) software modules, and VISIX IP megapixel cameras in their region, providing pre- and post-sale assistance and support. “In order to address the market demand for our products, especially our BI solution, we are actively expanding our sales resources, both internally and externally,” says Matthew Kushner, 3xLOGIC’s CEO. “Len has established himself and Ultimate Security Products’ as one of the premier rep firms in the Security industry. Our companies’ mutual growth strategies made this relationship one of synergy and compatibility.” 3xLOGIC has been on the forefront of intelligent video analytics for over 15 years. The Company’s VIGIL Video Management System (VMS) was engineered from its inception to capture data from a variety of data sources, including audio data, video data and transactional data. Recently, the Company has been actively developing a BI (Business Intelligence) reporting framework, able to capture and disseminate data from a multitude of sources, forming an […]
Source www.asmag.com
DirectView Enters Into Early Stage Discussions With Several Marijuana Industry Companies To Provide Video Surveillance And Access Control Solutions
NEW YORK, February 20, 2014 /PRNewswire/ — DirectView Holdings, Inc. (OTC: DIRV), a company focused on ownership and management of leading video and security technology companies, today announced that its wholly owned subsidiary, DirectView Security Systems, Inc. ("DirectView Security"), has begun early stage discussions with several marijuana industry companies to provide a number of potential video surveillance and access control solutions. DirectView Security sees tremendous growth potential for the Company in this rapidly evolving industry as companies scramble to develop a foothold and meet the ever changing legal requirements for security for both growers and dispensaries. According to several published reports typical dispensaries will need to employ dozens of security cameras, motion detectors, infrared sensors, and 24/7 recording. At most dispensaries, those entering must pass through three doors, show ID and present a verified doctor’s note. With the sale of medical marijuana being approved and rolled out in over 18 states and the sale of marijuana for recreational use already approved in Colorado and Washington, this industry is experiencing rapid growth. According to an April 2013 article published in the Wall Street Journal, an estimated 2,000 to 4,000 businesses produce marijuana legally under state laws. In each state a marijuana related company must meet strict guidelines for security and these requirements often vary. In Massachusetts, for example, according to a February 2014 article in the Boston Globe, the law requires video cameras to be installed and operating in all areas that contain marijuana: in parking lots, safes, vaults, sales […]
Source www.finanznachrichten.de
MOBOTIX Expands Key Personnel And Video Surveillance Solutions Throughout North America
Published on 21 Feb, 2014 MOBOTIX, an industry leading provider of high-resolution, network-based security solutions, is building its resources throughout the United States and Canada Derek and Mark will further strengthen company’s sales initiatives and business strategies MOBOTIX , an industry leading provider of high-resolution, network-based security solutions, is building its resources throughout the United States and Canada by adding key personnel and expanding its array of video surveillance solutions. Project wins in the transportation, education and municipal environments and the release of new products, including a line of five-megapixel cameras and lowlight exposure optimisation software, have propelled interest in MOBOTIX technologies. In response to expanding market opportunities, the company has added experienced industry professionals to its North American sales team. Effective immediately, Derek Martinez assumes the role of Business Development Manager, Northwestern United States. Martinez is a seasoned sales professional who is charged with driving growth and demand for the portfolio of IP surveillance solutions in the Northwest territory. His experience as both an industry sales professional with surveillance manufacturers, including UTC Fire and Security and Sentry 360 , and as a security practitioner at the University of California San Diego enables him to keenly understand the needs and challenges end users and resellers face in today’s market. Martinez also currently serves as a committee chair with the Puget Sound chapter of ASIS International . As the Business Development Manager for Canada, Mark Bomas will focus on promoting the MOBOTIX product range throughout the country. He will also […]
Source www.sourcesecurity.com
IFSEC London Venue Encourages Return Of Former Exhibitors
Taking place at its new home in London in 2014, IFSEC International is set to be bigger and better than ever before. The organisers say that the show relocation has received a £1million investment dedicated to ensuring the 45,000 visitors attending from across the world experience the most interactive and spectacular show yet. Demonstrating the market’s unrivalled commitment to Ifsec International, more than 94 per cent of the floor plan has already been sold for the 2014 show and demand from exhibitors to showcase the latest technology at this global leading event continues to rise to record levels. UBM statisitics show that in addition to 500 returning exhibitors, more than 93 businesses have signed up to Ifsec International based on the event relocating to London after previously being absent from the 2013 show. Recognising Ifsec International as a leading platform to network, showcase the latest products and make valuable business connections, exhibitors returning exclusively for the London move include: Pyronix, March Networks, Simonsvoss, Uniview, CCTV Direct, Security Dynamics, EVVA, Tecnoalarm, HKC, Blok n Mesh. Confirming support for Ifsec International 2014 moving to London, Julie A Kenny CBE DL, Chairman and CEO, Pyronix said: “This is the first time we have exhibited at Ifsec International in five years and the exhibition’s move to London is a key reason for returning. We’re using this as a big platform to launch a range of new products to the market and we’re really looking forward to it. London will also give us the opportunity to […]
Source www.securityworldhotel.com
Milestone Systems To Provide Deeper Support Of Pelco IP-Cameras
02/18/2014 | 10:30am US/Eastern Recommend: COPENHAGEN – Milestone Systems, the open platform company in IP video management software is tightening relations with Pelco by Schneider Electric , a world-class leading manufacturer of IP cameras and IP video accessories. This collaboration is evolving for Pelco as a long-time Milestone Manufacturer Alliance Partner (MAP), in response to market demand. Milestone Channel Partners and customers now gain the advantage of new and deeper integrations between Pelco IP Cameras and Milestone Systems IP video management software (VMS). Going forward, Milestone Systems will provide deeper integration support for Pelcos IP-based cameras in the award-winning XProtect-familiy of open platform VMS. The closer relationship between Milestones open platform and Pelcos IP cameras enables partners and customers to explore the advanced capacities of Pelco cameras and Milestone XProtect video management software. This gives Milestone and Pelco active roles in shaping and driving the industry by better supporting the channel partners who create solutions to meet the diverse needs of customers worldwide. The support today of Pelco analytics with the latest version of Milestone device pack is already a good example of this cooperation. It gives our joint customers the possibility to use at the edge advance analytics and have events and information reported and managed by Milestone XProtect software. Christian Bohn , Milestone Systems VP Corporate Marketing & Alliances, says: "We are not only excited to further intensify our cooperation with a leading IP-based camera manufacturer like Pelco, we are also seeing great advantages for the market […]
Source www.4-traders.com
3xLOGIC Lands Leading Talent In Business Intelligence Arena
WESTMINSTER, Colo.–(BUSINESS WIRE)– 3xLOGIC, Inc., a leading provider of advanced video surveillance and video-enabled business intelligence , announced today that Dan Zoeller has joined the Company as Director of Engineering, Business Intelligence Division. This announcement reunites two of the leading masterminds in Business Intelligence (BI) software development. Charles “Charlie” Erickson joined the Company as EVP of Product Management in 2013. Erickson and Zoeller are recognized as the principal architects behind one of the most robust and widely deployed, intelligent video analytic solutions to date. Their handiwork serves as the Business Intelligence platform for the nation’s largest convenience store retailer. “Dan and Charlie represent the pinnacle of accomplishment when it comes to Business Intelligence software development,” says Matthew Kushner , 3xLOGIC’s CEO. “Their commitment to a design theory that software should be engineered around rapid prototyping and short feedback loops with actual customers is fundamental to the success they have achieved. Their track record speaks for itself.” 3xLOGIC has long been on the forefront of intelligent video analytics. The Company’s VIGIL Video Management System (VMS) was engineered from its inception to capture data from a variety of data sources, including audio data, video data and transactional data. Erickson and his team have been tasked with developing a BI reporting framework, able to capture and disseminate data from a multitude of sources, forming an information infrastructure delivering the data necessary for users to make informed, effective and timely decisions about their business, their assets, and their employees. The challenge faced is […]
Source www.benzinga.com
Milestone Systems Appoints Country Manager In Japan
Erik Friis Mondorf – Country Manager Japan By Milestone NewsDesk on February 17, 2014 Milestone Systems, the open platform company in IP video management software (VMS), announces the appointment of Erik Friis Mondorf as the company’s Country Manager for Japan. Erik Friis Mondorf is a permanent resident of Japan after living there for 17 years and is a certified Japanese speaker. He has supported Milestone Systems since before the Danish company’s CEO Lars Thinggaard visited Japan to inaugurate the burgeoning partnership with JVC, who launched a Network Video Recorder (NVR) pre-installed with Milestone video management software. “With 127 million people, Japan is also one of the world’s largest markets for video surveillance equipment, in the company of China, the US, UK, Canada, Russia and Germany, according to market results for 2013. The IP video surveillance market growth in Japan is expected to be more than 20% per year over the next 3 years and we know that Erik Friis Mondorf is our man in Japan to help Milestone’s role in that journey,” states Eric Fullerton, Chief Sales & Marketing Officer for Milestone Systems. “Longer term, the 2020 Olympic Games to be held in Tokyo may drive some big projects, too, similar to what the security industry has experienced in the UK and Brazil with high-profile events of the same stature.” “Besides working closely with Milestone distributors and system resellers, I also have an important task supporting existing Manufacturer Alliance Partners (MAPs) such as Canon, JVC Kenwood, OPTEX, Panasonic, Sony […]
Source www.securitynewsdesk.com
Milestone?s MIPS Partner Conference Attracts Top Video Surveillance Professionals
Published on 14 Feb, 2014 The MIPS Technology Showcase illustrated 48 examples of interoperability with the Milestone open platform in every facet of security implementations Security equipment manufacturers and integrated solution partners gathered at the MIPS partner conference Milestone Systems , the open platform company in IP video management software (VMS), has just held its ninth annual MIPS partner conference in the Americas, on its 16th birthday. The Gaylord Palms Resort and Convention Centre in Orlando, Florida, was the location for this year’s meeting of 350 video surveillance professionals. Security equipment manufacturers, distributors, channel partners and integrated solution partners gathered to learn, share and brainstorm about the latest in video technology. Milestone Systems CEO Lars Thinggaard opened the event, stating: “Video enabling is happening now and being used for more than just security as integrations with analytics, biometrics, RFID and all kinds of business metadata are being incorporated into operations to realise innovative new efficiencies and more strategic approaches. This is something Milestone defined years ago in our mission and vision. With our international ecosystem of partners, we are well positioned to take advantage of this major business opportunity.” Eric Fullerton, Milestone Systems Chief Sales & Marketing Officer, spoke on the topic Why Compromise? “Video is becoming mission critical for value-added purposes in all vertical sectors, as a tool for daily business. Open platform IP video fosters deeper integrations that bring more value than any one company could do alone, and our ecosystem proves this concept. The scalability and […]
Source www.sourcesecurity.com
Interview With : Avigilon CEO Alex Fernandes Talks About The Acquisition Of VideoIQ
Interview With : Shlomi Palas, CEO of Bluesphere Interview With : Avigilon CEO Alex Fernandes talks about the acquisition of VideoIQ Interview With : Avigilon CEO Alex Fernandes talks about the acquisition of VideoIQ Views: 17 The grainy video that an old surveillance camera produces may not just be useless in determining who just made off with the goods, it could represent the simplest and most effective way for a business to reduce costs. High-definition video-surveillance, the kind done by Vancouver’s Avigilon, is winning more and more converts because the picture it produces is admissible in court, meaning a camera becomes more than a simple deterrent. So what’s the next step? Analytics. On December 31st, Avigilon announced it had acquired U.S.-based video analytics company VideoIQ, for $32-million. VideoIQ’s futuristic BRAIN technology (Bootstrap Response Active Intelligence Node/Network) learns and adapts, producing a surveillance system that actually gains functionality as it goes. Recently, we talked to Avigilon CEO Alex Fernandes about the acquisition. Alex, Why did you acquire VideoIQ? VideoIQ provides sophisticated, commercially proven analytics technology supported by one of the leading analytics development teams in the industry. The company’s analytics solution complements Avigilon’s innovative line of high-definition video surveillance and IT-friendly access control products.Specifically, VideoIQ is the best fit for Avigilon because the company has the strongest sales, a robust and effective technology and products with the greatest ease of installation. How does VideoIQ’s intellectual property complement existing Avigilon products? The integration enables us to provide end-users with an open, […]
Source www.viewsline.com