Verint Systems News

Quantum announces fiscal second quarter 2017 results

Quantum announced joint development initiatives with industry-leading VMS providers Quantum reported results for the fiscal second quarter 2017 that ended 30 September 2016 (all comparisons are relative to the fiscal second quarter 2016 unless otherwise stated) : Total revenue was $134.7 million, an increase of $17.7 million. Scale-out storage revenue grew to a record $46.7 million, up from $29.9 million and the 21st consecutive quarter of year-over-year growth. Total dat...

Video intelligence broadens with actionable intelligence from social media and other data

For more than a decade, Verint Systems, Melville, New York, has been developing and redefining the phrase the company pioneered: actionable intelligence. Today, its real-world specifications provide an in-depth analysis of video and integrated physical security data, deepening the gathering of intelligence and lessening risk at the protected premises. The entire realm of situational awareness continues to transition as intelligence is gleaned from new points, with this trend only...

Quantum grows partner ecosystem, expanding options for multi-tier storage in video surveillance

Quantum has continued to collaborate with partners to meet specific needs of the surveillance community Quantum Corp. has announced joint development initiatives with four industry-leading Video Management System (VMS) providers targeted at bringing enhanced multi-tier storage solutions to security and surveillance customers worldwide. Aimetis Corp., On-Net Surveillance Systems Inc. (OnSSI), Qognify and Verint Systems Inc. have joined the Quantum Advantage Program, and certif...

Rapid growth of data attracts Hitachi to the video storage market

The amount of data generated by today’s video systems – whether resulting from increasing camera counts and/or higher resolutions such as 4K – is presenting new challenges when it comes to storing the data and making it instantly accessible to end users. The surge in data is opening the way in our market for new, more sophisticated IT systems to manage and store the data. In fact, the sheer volume of video data and increasing application demands make some legacy approaches obso...

Healthcare end users seek more integration of disparate security systems

 Part 10 of our Security in Healthcare series Ensuring the safety of patients, staff and visitors is no easy task Security integration is more than a buzzword in the hospital and healthcare vertical. Increasingly, it’s a necessity. When creating a safe and secure healthcare environment, end users should look for solutions that not only drive new levels of security and business intelligence but can provide long-term value in the future. Specifically, Kevin...

How to choose between an NVR and VMS running on an off-the-shelf server

Software drives video solutions in the IP environment, but often that software is a pre-installed component of a purpose-built network video recorder (NVR). In other cases, software solutions are sold separately and then installed (usually by the integrator) on a commercial off-the-shelf (COTS) server. But how can an integrator or end user decide which approach is best for them? We asked this week’s Expert Panel Roundtable: What are the advantages and disadvantages of using a pre-configure...

Web and social media intelligence transforms security and safety planning

Over the course of the last decade, we’ve seen a blurring of lines between cyber and physical security concerns. Whether it’s the hacking of corporate information or the use of social media for nefarious activities, it’s clear that these once-separate security disciplines are often tied together. As a result, various organisations seek ways in which they can collaborate and share information to gain greater situational awareness to react faster, smarter and more...

What technology buzz will dominate the security industry in the second half of 2016?

Here we are already at mid-year, and 2016 has been an eventful one for the security marketplace, dominated by mergers and acquisitions and lots of new products coming to the market. But what’s the outlook for technology in the second half of the year? What technologies will draw the most attention and drive the market into 2017? We asked this week’s Expert Panel Roundtable: What technology buzz will dominate the security industry in the second half of 2016?

How does the “perception of safety” impact system choices?

Does seeing video cameras at a location make you feel safer or less safe? Do you feel better to know that video surveillance is capturing everything that happens, thus discouraging crime? Or do you think: What kind of neighbourhood (or store) is this that needs a CCTV camera watching everything? Do you feel more secure when the security guard at the hotel elevator asks to see your room key? Do airport screenings ease your mind about getting on an airplane with 100 strangers? The “perceptio...

How successful was ISC West 2016 for security industry exhibitors and visitors?

The security market in the United States has been in a collective state of exhilaration since ISC West. The (possibly) unprecedented success of the big trade show has left us all feeling optimistic about the year ahead. Members of our Expert Panel Roundtable are joining the chorus of compliments for the show as they answer this week’s question: How successful was ISC West 2016? Did it meet your expectations?

Verint video and situation intelligence solutions deployed at Boot Barn retail store locations

Boot Barn wanted a solution to provide higher-resolution video to streamline & to reinforce their investigative and operational efforts Verint® Systems Inc. recently announced that Boot Barn, America’s largest Western and Work Wear retailer, is deploying its video and situation intelligence solutions at various retail store locations to enhance operations and loss prevention efforts. Customer Boot Barn has been outfitting America since 1978, and today has more...

What's the most unusual application of surveillance cameras you have seen recently?

A major benefit of technology innovation is more application opportunities. As video cameras become better and more versatile, new uses are emerging that extend the benefits of video surveillance, often outside tried-and-true parameters. Sometimes security camera manufacturers are on the front lines to see new ways video is contributing value to integrators and end user customers. We asked this week’s Expert Panel Roundtable participants: What is the most unusual application of surveillanc...

What is the value of edge-based video storage for IP surveillance systems?

One of the benefits of newer IP systems is the ability to store video inside the camera or in a nearby digital video recorder (DVR) at the edge of the network. Edge-based storage is unlikely to take the place of centralised storage, but it is complementary and provides some interesting new options related to system design. We asked this week’s Expert Panel Roundtable: What is the value of edge-based storage and in what specific applications?

What will be the security market’s biggest surprise in 2016?

Will 2016 see faster adoption of video analytics? Will cyber-security have more impact on physical security? Is the market likely to see greater use of cloud-based products and services? Will technology help to drive greater involvement by everyday citizens in public safety initiatives? Could the market focus shift from selling products to selling solutions?  We asked this week’s SourceSecurity.com Expert Panel to look ahead to 2016, and these were some of the surprises they see in o...

The new face of modern security: Situational awareness through citizen engagement and social media

The nature of risk has changed, and there is a blurring of lines between cyber, physical and online security. These changes are spurring organisational changes as well. Most recently, the unexpected attacks against Paris have escalated the importance of security worldwide – and there’s an even greater focus on leveraging even more sources of information in an effort to gain greater situational awareness to react faster, more efficiently and effectively.   Changing...

How does the consumer market affect end users' expectations of security system features?

The connected workplace, increase in “bring you own device” environments and even the rise in telecommuting have served to blur the lines between an employee’s private life and his employment. The idea of an executive’s obsessive need to check his Blackberry while on vacation has crept into the popular culture and is now a familiar cliché that is as old as, well, Blackberries. The blurring of lines has also created a blurring of expectations. Now employees expect t...

Verint video and situational awareness solution installed across 21 branches of BayPort Credit Union

BayPort Credit Union uses Verint EdgeVMS Op-Center diagnostic and management solution to centrally manage passwords Verint® Systems Inc., recently announced that BayPort Credit Union is leveraging Verint’s Video and Situational Awareness solutions in 21 of the financial organisation’s branches. With more than 121,000 members and over $1.4 billion in assets, BayPort Credit Union recognises the importance of safeguarding and protecting the personal information an...

ASIS International 2015: Changing security industry trends with focus on value-added applications

Aventura continues to expands expand its feature set of products beyond PSIM As the 61st annual ASIS 2015 kicked off in Anaheim, Calif., it became increasingly clear that physical security continues to move from the realm of traditional intrusion detection, video surveillance and alarms into value-added applications that extend into new markets, uses and purposes – many of them centred on business and operational processes. While video surveillance, intrusion detection,...

Store surveillance sees potential high for covert "height strip" cameras in Taiwanese market

The height strip camera blends into the storeenvironment, conducting covert surveillanceundetected by potential criminals  Video security systems could see a spike in Taiwan’s store security market, as more manufacturers start to release covert “height strip” cameras. These cameras offer an inconspicuous surveillance solution for Taiwan’s huge number of convenience stores, who are easy targets for criminals. One of the first things that...

Verint Systems upgrades video analytics & situational awareness platform for enhanced user experience

Verint® Systems Inc., recently introduced a series of enhancements to its situational awareness and video analytics solutions. These advancements are designed to further the end user experience and maximise visibility into an organisation’s security operations. Verint Situational Awareness platform upgrade The upgraded Verint Situational Awareness™ platform incorporates enhanced visualisation and actionable intelligence capabilities to help security personnel achieve higher lev...

Security intelligence solutions provider, Verint announces Q1/2015 financial results

Customer Engagement Optimization and Security Intelligence support Verint’s long-term growth and market leadership during Q1 Verint® Systems Inc., a global leader in Actionable Intelligence® solutions and value-added services, recently announced results for the three months ended April 30, 2015 “Following typical Q1 seasonality, we expect strong sequential revenue growth in Q2 and are targeting double digit revenue growth for the year on a constant currenc...

Verint, security intelligence solutions provider, to conduct conference call to review Q1 results

An earnings release will be issued after market close on June 3 Verint® Systems Inc. recently announced it will conduct a conference call on Wednesday, June 3, 2015 at 4:30 p.m. ET to review its first quarter results (for the quarter ended April 30, 2015) and outlook for the year ending January 31, 2016. An earnings release will be issued after market close on June 3. Conference call A real-time webcast of the conference call will be available on Verint website at www.ve...

How does technology innovation in security systems impact the skillsets needed by security operators and officers?

Going back to the days when we asked our children to program our VCRs, many of us are challenged by the intricacies of technology. However, a benefit of newer inventions such as smartphones and tablets is that they are easier to use and “intuitive” – whatever that means. Security and video surveillance systems are becoming more complex in lockstep with consumer electronics, so we asked this week’s panellists: How does technology innovation in security systems impact the s...

How does globalisation impact the physical security marketplace?

There’s almost no such thing as a local business anymore. Even the smallest of entrepreneurs find they have immediate access to a global marketplace via the Internet, and larger companies continue to find new ways to maximise their successes throughout the world. We asked our panellists this week to comment on how they see globalisation impacting the physical security market. Their broad-ranging responses emphasis the opportunities and challenges of succeeding the global marketplace.