3xLOGIC and Deloitte Technology Fast 500™ announced the company will be showcasing its AI-enhanced TRENDS Business Intelligence software at the NRF Protect show among a wide array of innovations for the retail market. 3xLOGIC TRENDS is designed to meet the needs of medium to large multi-site enterprises. The software provides actionable intelligence from the massive amount of dark data available from devices such as sensors, cameras, ATMs, point of sale, and other analytical tools.
3xLOGIC announced the launch of its portfolio of solutions including infinias access control, VIGIL video management system and TRENDS business intelligence platform into the European market through its sister company, PAC, located in the UK. While 3xLOGIC’s solutions have been trusted for many years in North America and beyond, the launch of infinias, VIGIL, and TRENDS in the UK represents the first time that the cost-effective, easy-to-use solutions have been made available in Europe, a key new market for 3xLOGIC
With the sophistication of video management and analytics software increasing and a surge in high-quality IP cameras, the video surveillance market is in the midst of a technological evolution. As a result, ABI Research, the leader in transformative technology innovation market intelligence, forecasts global value added services market revenues will top $10 billion by 2021. Data and analytics services, as well as device and application platform services, show the strongest revenue growth within the non-consumer video surveillance market.
Demand for video surveillance equipment is likely to continue growing rapidly in 2017, however, price competition will remain intense. In its complimentary whitepaper, IHS Markit forecasts the world market will grow at an annual rate of less than 7%. Competition will not make it easy for vendors to grow revenues and margins. Some will fail in this regard and further consolidation of the supply base is inevitable. However, there will be opportunities for well-placed vendors and some end-user sectors will also grow quickly. So, what will be the big stories in 2017? Get your copy of this complimentary report.
A Capital One survey found that more than half (52 percent) of security professionals see video surveillance as the technology trend that will have the biggest impact on their businesses in the coming year – a significant increase from 2015 when only 23 percent of respondents answered similarly. Growth of interconnected devices (the “Internet of Things”) was cited as the next most significant trend at 28 percent.
With the Internet of Things (IoT) a hot topic throughout 2014, consumers and businesses are increasingly aware of the advantages of IP connectivity. And security professionals and business owners are keenly aware of the concept’s importance in ensuring the safety of their clients and organizations respectively. The new HD standard 4K or ‘Ultra HD’ have been two of the year’s most talked-about technologies and the next natural step in the industry’s ongoing endeavors to enhance image quality and greater surveillance coverage.
A new market research report finds IP video surveillance is likely to surpass the analog system in 2014 as a result of advantages in terms of quality, scalability, and flexibility. The report profiles the major companies active in this field, including Axis Communications AB (Sweden), Avigilon Corporation (Canada), Bosch Security System, Inc. (U.S.), and Pelco by Schneider Electric (U.S.) among others. This report has divided the industry into four segments: system, hardware, software & services, applications and geography.
ANPR and Detection Sensor Technologies – 2014 Edition
The problems of vehicle traffic and crime have been the cause of much frustration for governments and their citizens the world over. In recent years, Automation Number Plate Recognition (ANPR) [Also known as License Plate Recognition or LPR] and Detection Sensor technologies have emerged as viable and effective tools for mitigating such concerns, and presented exciting opportunities for suppliers of these product to grow their topline businesses.
It’s evident that the majority of security installations are becoming more and more complex. No longer content to monitor and manage separate access control, fire alarm, video surveillance, intrusion, and HVAC control systems, corporate security and technology managers want to consolidate and integrate various disconnected security and facility management systems. At a dramatically increasing pace, the Information Technology department is leading the initiative, particularly given the trend toward convergence of physical and logical security systems.
The new market research report titled IP Video Surveillance and VSaaS Market (Technologies, Applications, Services, Geography) – Industry Analysis, Trends, Share, Opportunities and Forecast, 2012 – 2020, published by Allied Market Research. North America is expected to experience highest share in IP Surveillance market by 2020. Asia Pacific is expected to grow with highest CAGR 44.3% during analysis period 2013-2020.