Security

VSaaS & ACaaS Gain Further Momentum Through Video Analytics Offerings

Video Surveillance-as-a-Service (VSaaS) and Access-Control-as-a-Service (ACaaS) have continued their strong growth into 2018 as AI Analytics are now being introduced with greater effectiveness. Demand for Analytics will be more pronounced in VSaaS, and this is the focus of our following article. The main drivers up to 2017 have been initiated by the supply side spending more time, effort and investment into providing VSaaS and ACaaS services. Technology has gradually overcome many limitations and reduced service costs. At the same time, suppliers are winning over system integrators to adopt cloud services and this has also provided a significant boost to growth. Another contributing factor for product manufacturers is that the cloud services route could help to alleviate some of the pressure on margins, as leading Chinese suppliers continue to lower prices. The second is that the demand side, the existing owners of video surveillance and access control systems, are now automatically investigating "as-a-service" options when they […]

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