Security

Business Intelligence through Security Video Systems

May has been a quite month for merger and acquisition, alliance and funding in Security. It is well down on the same month last year; but for the first 5 months of this year there has been only a marginal reduction in activity. In both years so far only one of the traditional major players, Tyco has completed an acquisition and only one IPO has taken place. Incremental innovation is being introduced into new products but nothing that look disruptive. However change in the Security Industry continues to take place as it subtly moves towards value added services. A visit to IFSEC revealed a number of stands showing how Business Intelligence can be gained through IP Video Surveillance systems. Two companies Axis and Panasonic had excellent displays showing how in particular vertical markets they have used video streams to provide business intelligence. In both cases the concept was instigated by the camera manufacturer as a […]

Stay ahead of the pack

with the latest independent smart building research and thought leadership.

Have an account? Login

Subscribe Now for just $200 per year per user (just $17 USD per month) for Access to Quality Independent Smart Building Research & Analysis!

What Exactly Do you Get?

  • Access to Website Articles and Notes. Unlimited Access to the Library of over 1,700 Articles Spanning 10 Years.
  • 10% discount on ALL Memoori Research reports for Subscribers! So if you only buy ONE report you will get your subscription fee back!
  • Industry-leading Analysis Every Week, Direct to your Inbox.
  • AND Cancel at any time
Subscribe Now

May has been a quite month for merger and acquisition, alliance and funding in Security. It is well down on the same month last year; but for the first 5 months of this year there has been only a marginal reduction in activity. In both years so far only one of the traditional major players, Tyco has completed an acquisition and only one IPO has taken place. Incremental innovation is being introduced into new products but nothing that look disruptive. However change in the Security Industry continues to take place as it subtly moves towards value added services.

A visit to IFSEC revealed a number of stands showing how Business Intelligence can be gained through IP Video Surveillance systems. Two companies Axis and Panasonic had excellent displays showing how in particular vertical markets they have used video streams to provide business intelligence. In both cases the concept was instigated by the camera manufacturer as a means to increase sales, but they have worked with other suppliers of surveillance products to produce a seamless solution that fitted the needs of the end user. In addition they have worked with system installers and distributors, not only to orchestrate the marketing & sales strategy but also to identify new applications where they can add value for the end user.

Alliance has hither to just been joining different manufacturer’s products together so that they could communicate with each other. Whilst technology comes into the equation this new alliance between all the stakeholders is driven by what the end user needs in order to deliver real benefits over and above improving the security performance. So if you want to compete with the top camera manufacturers you not only need to be up there with performance but also driving innovation in providing solutions that deliver more value add and a quicker return on the investment for the buyer.

In March this year Tomorrow Venture backed video surveillance start up Prism SkyLabs, a cloud based service that allows business owners to bring video feeds online, capture images from these feeds and share this data with consumers and the public. This looks like an interesting extension of the above but making it possible for much smaller operations to enjoy the same benefits for a lower cost.

Most business premises, stores and restaurants have surveillance videos running 24-hours a day and unless there is a theft or another crime, this massive amount of surveillance video is unused. This start-up allows a business to download free software that detects cameras or video on a network, and showcases a number of images of the space to the business. Similar to the way you can pull images from videos using video editing software, Prism Skylabs pulls relevant images of your establishment and builds insightful visualizations from these photos, while protecting customer privacy.

A good example is that it can show the path that people are taking in a store which can help owners gain insight into the performance of design or display, a heat map of bodies, a photo without any people in the store and more. Prism Skylabs allows users to share and syndicate these photos directly from their platform to a business’ Facebook page, Twitter stream, Website and Yelp profile. The start up is adding the ability to add these photos to Google+, YouTube and Picasa, directly from the platform. Whilst this does not produce the richness of the solutions seen on the Panasonic and Axis stands maybe sharing will find some additional benefit at an affordable price.

Most Popular Articles

Distributed Energy Management DERMS
Energy

The Distributed Energy Management Startup Landscape

Building Energy Management is a broad category encompassing energy management software and hardware, energy efficiency services and sustainability and carbon management solutions for buildings. It also includes the technologies involved in creating grid-interactive buildings, such as demand response, virtual power plants, distributed energy management and behind-the-meter energy storage solutions. Within that space, a software category […]

Assa Abloy Strategy Mapping Acquisitions
Security

Mapping the Tech Strategy of Assa Abloy through Acquisitions in Access Control & Identification Solutions

This Research Note examines the technology strategy of Assa Abloy, the global vendor in the access solutions space. We have mapped M&A activity in physical security, access control and identification solutions by categorizing the various acquisitions by technology over the last 2 years (January 2022 to date). The strategy presentation slide (shown below) at the […]

New York Buildings Energy Performance
Energy

Building Energy Performance Codes Pushing Decarbonization Efforts

On Tuesday September 12th, last week, New York City (NYC) Mayor Eric Adams launched “Getting 97 Done,” a new strategy to cut harmful carbon emissions from the city’s many large buildings as obliged under Local Law 97 of 2019. The plan aims to deliver the goals outlined in the broader “PlaNYC: Getting Sustainability Done,” New […]

Subscribe to the Newsletter & get all our Articles & Research Delivered Straight to your Inbox.

Please enter a valid email

Please enter your name

Please enter company name

By signing up you agree to our privacy policy