Dahua Technology has launched a new series of digital video recorders comprising XVR5104H-X-4P, XVR5108H-X-8P and XVR5216AN-X-16P, boasting stronger functions while saving a significant portion of wiring and power cost, thanks to the Dahua HDCVI-PoC technology that realizes transmitting video/audio/power/data over one single coaxial cable, benefiting Dahua customers and end users with true plug & play.
Panasonic Corporation announced that it will establish a new company to operate its security systems business in Japan and overseas and that it has reached an agreement for strategic co-investment with Polaris Capital Group Co., Ltd. A decision was approved at a board of directors meeting. The Security Systems Business Division, which is part of Panasonic’s Connected Solutions Company, has a roughly 60-year history of developing security cameras and advanced edge devices
In the last three months, there have been at least three robberies on BART involving groups of teenagers. “I think people are genuinely concerned – they are fearful about the stories that have come out about the recent attacks, the assaults, the thefts,” said Debora Allen, who is a member of the BART Board of Directors. “To release these videos would create a high level of racially insensitive commentary toward the district,” she was told. “And in addition it would create a racial bias in the riders against minorities on the trains.” According to a memo distributed to BART Directors, the agency won’t do a press release on the June 30 theft because it was a “petty crime” that would make BART look “crime ridden.” Furthermore, it would “unfairly affect and characterize riders of color, leading to sweeping generalizations in media reports.” The memo was from BART Assistant General Manager Kerry Hamill.
Revenues for the first quarter of fiscal 2017 decreased 39% to $6.6 million as compared to $10.9 million in the first quarter of fiscal 2016. The $4.3 million decrease in the current quarter included a $3.0 million, or 35%, decrease in sales in the Americas market and a $1.3 million, or 56%, decrease in EMEA market sales. Revenues weakened across all market segments due principally to a continuing reliance on legacy product offerings and the continuing market effects of previously reported camera line issues. Order intake for the current quarter decreased $5.9 million to $5.8 million as compared to $11.7 million in the first quarter of fiscal 2016.
Although Avigilon Corporation (AVO.TO) recently reported their financial results for the six months ending June 30, 1016, it hasn’t been well received for the Toronto-based security solutions provider. In order to achieve those record revenue figures, the company had to slash prices on many of its popular products. This means much lower operating margins and their earnings per share are half of what they were last year. Much of this is in direct response to Chinese companies, such as Hikvision and Dahua, taking a larger share of the market with a low-price strategy. Therefore, Avigilon has had to make some significant price adjustments to remain a market contender.
Exacq Technologies, part of the Security Products business unit of Tyco, introduces faster camera discovery and VideoPush to mobile devices with exacqVision 6.8 and automatic backup of recorder configurations in Enterprise System Manager (ESM), a health monitoring program for use with exacqVision Enterprise network video recorders (NVRs).
Logan City in South East Queensland, Australia recently opened a $1.3 million CCTV surveillance center that uses facial recognition technology to monitor troublemakers, criminals, and burst water mains, according to a report by The Register. Over the past decade, the program has expanded from nine CCTVs to more than 300. The system operates on the Teleste video management system, which is also being used in Paris and Sweden, as well as in Austria’s national transport and roadways.
OnSSI announces a new addition to the CALA sales team with the hiring of Eduardo Valotta as Regional Manager for Brazil. Eduardo is a seasoned professional with extensive experience in strategic security sales and business development and has been involved in several high profile integrated physical security installations throughout Brazil.
Oncam Grandeye, the security division of Oncam Technologies, announced that IBS-Mapei, a leading manufacturer of adhesive and chemical products for the construction industry, has deployed Oncam Grandeye’s 360-degree surveillance platform to ensure compliance with health and safety regulations.
Synectics’ Synergy command and control platform – including Synergy 3 – is now fully integrated with Vemotion’s video acquisition and streaming solutions. The announcement is good news for councils and other public space bodies looking to benefit from wireless and deployable surveillance solutions that were previously impossible or costly to implement due to non-existent or poor fibre network provision.