Smart Buildings

Can Avigilon Deliver Video Analytics at the Edge?

There has been a lot of conjecture in the press as to why Avigilon has spent some $96 million on buying up patents in the Video Surveillance industry in the last 2 months. Not only is this unpresidented in the industry but even for Avigilon it will significantly reduced its ability to invest in more conventional strategic growth prospects. An ambitious fast growing company like Avigilon needs large sums of money to sustain growth, in addition to investing in R&D and business development. Its current move, betting on Video Analytics patents, could be a bridge too far. But is the motive about growth or protection; or as some cynics believe, the entry of new patent troll? This could cause great concern in the industry. Avigilon have not provide much detail about their new strategy other than the $13.3m recent purchase of video analytics patents that extend into behavioural recognition, video segmentation and meta-data. The patents […]

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

There has been a lot of conjecture in the press as to why Avigilon has spent some $96 million on buying up patents in the Video Surveillance industry in the last 2 months.

Not only is this unpresidented in the industry but even for Avigilon it will significantly reduced its ability to invest in more conventional strategic growth prospects.
Smile CCTV

An ambitious fast growing company like Avigilon needs large sums of money to sustain growth, in addition to investing in R&D and business development. Its current move, betting on Video Analytics patents, could be a bridge too far. But is the motive about growth or protection; or as some cynics believe, the entry of new patent troll? This could cause great concern in the industry.

Avigilon have not provide much detail about their new strategy other than the $13.3m recent purchase of video analytics patents that extend into behavioural recognition, video segmentation and meta-data.

The patents come from four separate companies: Behavioural Recognition Systems (BRS Labs), Face Double, ITS7 and VideoMining. This deal comes one month after the video surveillance provider spent $80 million to acquire patents from their old adversary, ObjectVideo.

The strategy shows a clear focus on video analytics, wich has been touted as “the next big thing” for the last 5 years; but so far has not progressed commercially.

If sophisticated analytics can be done on the edge, then this would be a major break-though and bringing these patents together would put Avigilon in an extremely strong position.
However the Enterprise Software Industry already has significant data analytics expertise and the finance to deliver it. Their increasing interest in the Internet of Things could bring them into direct competition with companies like Avigilon - http://memoori.com/portfolio/internet-things-smart-buildings-2014-2020/

Avigilon is a relatively new and fast growing Video Surveillance company, they have never been short on confidence so lets see if they can pull it off.

Most Popular Articles

smart building startup
Smart Buildings

What is the Recipe for Smart Building Startup ‘Success’?

In smart buildings, like all tech industries, most startups set out hoping to be the game-changing company that puts a “dent in the universe” but the reality is that few even get close. Despite all the hype around so many startups, the odds of “success” if you are funded by a top venture capital (VC) […]

CXApp CXAI 2024
Smart Buildings

CXApp Workplace Experience Business and Financials Examined

In this Research Note, we examine the CXApp workplace experience business and 2023 financials, following the SPAC merger with KINS Technology in 2022 and subsequent events. Founded in 2015, CXApp is a workplace experience platform for enterprise customers in a work ‘from-anywhere’ world for employees, partners, customers, and visitors. Functionalities offered include employee engagement, desk […]

Witco Acquisition
Smart Buildings

Consolidation in the Workplace Experience Market as Witco Acquires SharingCloud

This Research Note examines what’s behind Witco’s latest move to acquire SharingCloud. We review the deal in the context of the startup’s development, funding, prior acquisitions, and strategy. Witco Profile Witco, a Parisian startup was founded in 2016 as MonBuilding, serving the French and Canadian enterprise market for workplace engagement apps. After raising 2 million […]

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