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| The rise of IP based security systems has also opened up the market for new systems solutions from the IT market |
Viakoo 2014/2015 Review and Forecast:
There continues to be a sizeable increase in activity across the professional security industry in the United States as the economy grows stronger. One of the strongest segments is commercial construction, which is an influential driver for the purchase and installation of security systems. Based on this trend, along with several new emerging technology trends, I expect we’ll see continued growth here in 2015.
As security systems continue to migrate to IP, they more closely resemble IT solutions. This change is taking place more rapidly than most expected, which can be disruptive to systems integrators who are not prepared to do business in the IP world. The rise of IP based security systems has also opened up the market for new systems solutions from the IT market.
This is clearly the case with Viakoo. We launched a Software as a Service (SaaS) business model in April 2014 with a solution that puts an end to missing data for video surveillance systems operating on an IP platform. The response to Viakoo has been phenomenal as users increasingly come to realize that missing data on the network typically goes undetected until it’s already a problem – which creates tremendous liabilities.
New integrated systems rely on video data to deliver higher levels of situational awareness, risk management, event response and communications. As these systems continue to evolve with higher levels of intelligence and analytics, so will the requirements for new systems to provide even more video data. This has created a demand for easy and efficient ways to monitor and manage the performance of surveillance systems – just like IT professionals. As Jack Welch once said, “If you can’t measure it, you can’t manage it,” and measurement requires information. Companies that can successfully gather actionable information from mission critical systems, such as video surveillance, promise to be big winners in 2015.
See the full coverage of 2014/2015 Review and Forecast articles here
