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Eagle Eye Networks to fund AI product development, geographic expansion, and enterprise features with $100M investment

Eagle Eye Networks, the global pioneer in cloud video surveillance announced it will use a $100M primary equity investment from security giant SECOM, CO., LTD. to expand its suite of AI-powered products, fund geographic expansion, and enhance its enterprise features. Eagle Eye Smart Video Search Eagle Eye Networks has made significant advancements in AI technology with the introduction of Eagle Eye Smart Video Search, which has won five international product awards to date. Smart Video Search is available to all existing and new Eagle Eye Cloud VMS (video management system) customers across the globe. Vehicle surveillance, LPR, AI solutions Eagle Eye also released Vehicle Surveillance Package and Eagle Eye LPR (License Plate Recognition) Previously released features include Smart Layouts which alert security agents monitoring cameras and highlight activity. Eagle Eye also released Vehicle Surveillance Package and Eagle Eye LPR (License Plate Recognition). Eagle Eye will fund R&D to support a product roadmap of next-generation AI solutions including: Worker safety monitoring Smart anomaly detection Natural language search Business Analysis and much more. AI-powered cloud video surveillance Eagle Eye will further invest in product capabilities designed for multisite customers with large global camera Eagle Eye will expand global operations in Japan, Germany, Mexico, Argentina, Brazil, Southeast Asia, and the Middle East countries and regions where Eagle Eye is growing dramatically as a result of large enterprise projects using AI-powered cloud video surveillance. Eagle Eye will further invest in product capabilities designed for multisite customers with large global camera deployments. Products and features are continually added to the Eagle Eye Cloud VMS, which is available in Enterprise and Professional Editions.  Eagle Eye Cloud VMS “Cloud and AI are revolutionising the video surveillance industry, so the time is right for us to supercharge our AI product development and worldwide expansion with this major investment from SECOM,” said Dean Drako, Founder and CEO of Eagle Eye Networks.  “The Eagle Eye Cloud VMS is built to deliver what business owners today are looking for a powerful platform with native AI features, a robust open API, and an extensive technology ecosystem that allows customers to leverage cloud video surveillance for their specific security and business needs.” The SECOM series F funding follows the series E funding from venture capital firm Accel in October 2020.

Secutech Vietnam 2019 highlights safety, security and fire solutions for industrial and building sectors

The IoT is not only integrating devices and services, it is also bringing businesses together – particularly in the safety, security and fire sectors. This fact was demonstrated at the latest edition of Secutech Vietnam, where a record 380 exhibitors and 14,239 trade visitors converged to do business and learn about the latest products. Brands from 21 countries and regions lined up at the show, with many commenting that the market for smart solutions is becoming increasingly competitive. With a population of almost 100 million and construction projects taking place across the country, exhibitors were pleased to find opportunities not just in Ho Chi Minh City and the south of Vietnam, but across the entire country. Secutech Vietnam 2019 At the conclusion of the show, Ms Regina Tsai, the Deputy General Manager of Messe Frankfurt New Era Business Media Ltd said: “This 12th edition of Secutech Vietnam has delivered concrete business results. Apart from serving the smart city sector, the concurrent Fire & Safety Vietnam and SMABuilding events have helped industry players to collaborate, solve pain points, and take advantage of growth potential in the factory, residential and commercial property sectors. Through its concurrent events and fringe programme, we are proud that Secutech Vietnam continues to orient the regions’ safety, security and fire sectors towards a bright future.” Taking place at the Saigon Exhibition and Convention Centre from 14 – 16 August 2019, the mood inside the exhibition hall was positive as exhibitors displayed their latest IoT, surveillance, fire safety, access control, cloud computing, and artificial intelligence technologies to trade buyers from across Vietnam. IoT, video, access control Aiming to find more partners in Vietnam, and so far we have met a lot of project owners and system integrators at the fair" Because of the increasingly competitive business environment, many brands decided to boost their presence at the fair by exhibiting at a dedicated booth, having previously been represented at Secutech Vietnam through local distributors. “The market is growing so fast that we need a platform to meet the right customers,” said Mr Charly Wang, the Regional Sales Director of Merit LILIN, a supplier of IP surveillance and video analysis solutions. He continued, “We are aiming to find more partners in Vietnam, and so far we have met a lot of project owners and system integrators at the fair.” Global security companies exhibit Apart from LILIN, other well-known brands in attendance included Avigilon, Bosch, Hanwha Techwin, Hitron, Kedacom, Nha An Toan (a Hikvision and ABB distributor), and ZKTeco. Organised by the Shenzhen Circular Economy Association and the Shenzhen Municipal Commerce Bureau, the Shenzhen Pavilion was one of four international pavilions at the trade fair. Hosting 20 leading suppliers including ANJIA, DOPHIGO, Feyond, GoldenVision, Harvest Kang and Jeas-Union, the pavilion showcased the latest solutions in smart building, smart home and transportation. The show’s international contingent also included nearly 40 companies in pavilions from Singapore, the Korea Fire Institute, and the Japan Fire Pavilion. Smart city and retail Aiming to meet trade visitors from across Vietnam, Hanwha Techwin were introducing their surveillance and service centre solutions for smart city, smart factory, and retail at the show. Mr Ta Quang Huy, the Country Manager of the company said, “We have exhibited at the show for four consecutive years because of the wide variety of visitors that come here, not only from Ho Chi Minh City, but also from major cities such as Danang, Hanoi, and Central Vietnam. Compared to last year, the visitor flow has increased, and clients seem to be focusing a lot on smart city.” At the fair’s concurrent SMABuilding event, exhibitors also painted a favourable picture of market prospects: “According to reports that we have read, the smart building market in Vietnam is expected to grow by 20 to 30 percent until 2030,” said Ms Bui Thi Huong Lan, the CEO Assistant at TechPro. “Our main objective at the fair is to promote our new biometric security solutions to the market. We are really satisfied with the results. In just one day we have received more than 100 potential clients at our booth that are relevant to the smart building and home markets, including contractors.” Fire safety solutions We manufacture a wide range of firefighting equipment, including specialised vehicles and ambulances" With a record-breaking scale of display, up 21% from 2018, visitors to the concurrent Fire & Safety Vietnam event were able to locate extinguishing systems, alarms, valves, personal protection equipment, CPR solutions, and fire dust detection systems from well-known brands such as D&C Vina, Funayama, Himax, Masflo, Nittan, Secom, SFFECO, Yun Yang, VT Plus, Quoc Nam and many more. According to an exhibitor at the event, Mr Radwan Halabi, the Export Director of NAFFCO, new construction projects have opened up a gap in the market for internationally certified products, “We manufacture a wide range of firefighting equipment, including specialised vehicles and ambulances. In the Vietnamese market, new projects are looking for internationally certified products, especially high-rise buildings and shopping malls. The results of our participation at Secutech Vietnam have been really good. The visitors here are very unique, and we have not met any visitors that are unrelated to our products.” New trends and technology With so many internationally renowned brands exhibiting at the fair, Secutech Vietnam 2019 proved itself to be the ideal destination for trade buyers to identify new trends and find appropriate products for their businesses. New at the show this year, the business matching service hosted more than 530 tours and meetings with more than 85% expressing their satisfaction with the service as an efficient way to target solutions of interest and establish new business connections. CCTV and AI “I have been visiting the show for eight years, and I can see that there are more brands joining each year. Almost all the key brands in the industry are present,” said Mr Dao Anh Dung, the Sales Manager of Sao Nam An. “So far, I have noticed that there are more CCTV solutions which are highly flexible and can be adjusted to customer needs. The AI technology is becoming more mature too.” Other visitors noted that there is increased interconnectivity between devices. Mr Nguyen Van Huynh, a Product Designer from Cty TNHH PCCC Sao Viet, said “We are a fire alarm system developer for commercial and residential uses. We are working on a new system and I am one of the technicians in the team. I am here to learn about market and industry trends so that we can adjust our products to fit market needs. I have noticed that there is increasing adoption of IoT and connective technologies to integrate systems. This is something that we are also working on.” Networking and sourcing Networking and sourcing opportunities apart, the trade fair offers an information exchange platform In addition to networking and sourcing opportunities, the trade fair also provided an information exchange platform that helped sector players learn about important growth areas. One of many sectors primed for future growth is smart factory, however the sector is still in a nascent stage. “At the moment there are not a lot smart factories in Vietnam but many manufacturers are expressing serious intentions to set up smart factories,” said Mr Long Nguyen, the CEO of Houselink and a speaker at the Smart Factory Conference. “A lot of the topics that we discussed at the conference are very practical for these manufacturers, and some attendees asked for further information after my presentation. Attendees can also find related products in the fairground, so bringing this conference to the show is really useful for the local industry.” Fire protection solutions Some of the key themes of the conference ranged from market updates, government policy, security, management efficiency, IoT applications, and fire safety. For fire safety professionals, there were plenty of industry insights on offer at a seminar dedicated to fire protection solutions. Speakers included representatives from the Vietnam Fire and Rescue Police Department and the Korea Fire Institute, who discussed regulations, UL certification, fire prevention in mixed-use buildings, intelligent alarm systems and more. Secutech Vietnam is jointly organised by Messe Frankfurt New Era Business Media Ltd and Vietnam Advertisement and Fair Exhibition JSC. The next edition will take place from 20 – 22 August 2020 at SECC, Ho Chi Minh City.

Informa Markets highlights the success of IFSEC International, FIREX International, Safety & Health Expo and Facilities Show 2019

Informa Markets is delighted to announce further growth for the 2019 edition of IFSEC International, FIREX International, Safety & Health Expo and Facilities Show. The shows demonstrated notable visitor growth, representing 39,188 unique visitors – including thousands of international visitors from 128 countries – boasting an overall combined budget of £45.7 billion. Visitors from 117 different countries IFSEC International welcomed a total of 34,756 visitors, seeing growth in high-quality visitors representing 117 different countries and a combined annual purchasing budget of £23 billion showing the potential scale of investment the visitors were in a position to make. IFSEC also saw a substantial increase in visitors coming in from neighbouring shows – FIREX International, Facilities Show and Safety & Health Expo – and engaging with exhibitors. IFSEC’s growth was also demonstrated in a greater increase of distributors and channel partnershipsThis year saw a huge volume of installers and integrators attending the exhibition, a significantly higher number than any other UK event. In particular, IFSEC attracted thousands of installers from London and the South of England, with a combined spending power of over £470 million to spend on new products. Representation from large installation companies and TFMs this year included Pointer, Kings, Banham, Mitie, Frontline, Secom, Magnum and Trinity. Growth in construction security sector IFSEC’s growth was also demonstrated in a greater increase of distributors and channel partnerships, with the diverse range of international visitors allowing exhibitors to establish buying chains in a number of new territories, in particular the UK, Italy, Spain, Belgium, France, Netherlands, Germany, Czech Republic, Hungary, Israel, the Nordic countries, Japan, the United Arab Emirates and more. The growth in security end users could be particularly felt in the construction and real estate sectors, with representation from Kier, Costain, Ballymore and Mace – among others – as well as critical national infrastructure and government organisations such as Arriva Rail, Dubai Police, UK Power Networks, the United Nations, the Ministry of Defence. These numbers are particularly encouraging for next year’s co-location with Counter Terror Expo. Surveillance Camera Day This is a goal we’ve worked hard to meet, and we’re thrilled to see it reflected in this year’s results"The positive response to IFSEC International was driven by a number of key highlights, in particular the first ever Surveillance Camera Day, launched by Tony Porter, the UK’s Surveillance Camera Commissioner. This centred on a new minimum requirement for surveillance cameras – Secure by Design – which was introduced and discussed by Porter across several well-attended keynote sessions. Simon Young, Exhibition Director commented, “IFSEC International 2019 was another huge success. It’s encouraging to see the security market shift in a direction that better signifies the complementary relationship between the installer, the distributor and the end user, but also the increasing importance of the auxiliary markets in the security buying process, including facilities and health and safety. This is a goal we’ve worked hard to meet, and we’re thrilled to see it reflected in this year’s results.” Visitors from various sectors at FIREX FIREX International saw an impressive 4% increase in year-on-year visitors and a 13% increase in the visitor-to-exhibitor ratio. Visitors came from 73 countries, representing a broad cross-section of the fire safety profession: 16% of visitors came from the construction sector, reinforcing the interest we have seen in fire safety in the wake of Grenfell, and complementing the growth in attendance we saw at our Tall Building Fire Safety Conference this year. A further 12% of our audience was involved with manufacturing, revealing a thriving sector bursting with innovation. Finally, the event witnessed a further increase in the number of fire safety installation companies in attendance, which reflects the merging of sectors we are seeing across all four shows in the series. In total, visitors had a combined annual purchasing budget of around £6.3 billion, demonstrating the wealth this sector is accumulating. Increase in number of high-quality visitors Government representation continued to increase at the event, totalling around 8% of total visitorsHighlighting the increasing importance of FIREX to the global fire safety market, government representation continued to increase at the event, totalling around 8% of total visitors. Furthermore, over a third of visitors were business owners or senior managers, with this increase in high-quality visitors reflected in feedback from the exhibitors. FIREX International’s growth was driven by a programme of timely, current seminars, most notably a session outlining the findings of the Hackitt review into the Grenfell tragedy, one of the key discussions within the industry. New FIREX event in Egypt Furthermore, FIREX officially launched its new Egypt show, set to open on 3-5 November 2019 in Cairo. This represents a significant expansion of the FIREX brand, bringing this world-class industry events to major new markets across Africa and the Middle East. Commenting on this year’s success, Exhibition Director Simon Young said, “It’s been another successful year for FIREX International. We’ve continued to deliver a world-class event at the forefront of the fire safety profession – and we’ve seen this borne out in significant growth in installers, construction and manufacturing professionals and representatives from government. FIREX is critical for the industry, and the growing, high quality audience is a testament to this.” CPD-accredited educational seminar This programme helped Safety & Health Expo secure a 3% increase in visitors and an annual purchasing budget of £7.2 billionSafety & Health Expo saw steady visitor growth driven by an impressive selection of highlights, including a 75-hour CPD-accredited educational seminar programme, the brand-new Workplace Wellbeing Show and the new PPE Attack Zone. The 2019 inspirational speakers were a particular attraction with Steph McGovern, Eddie the Eagle and Jonny Wilkinson drawing huge crowds. This programme helped Safety & Health Expo secure a 3% increase in visitors and an annual purchasing budget of £7.2 billion ensuring Safety & Health Expo remains by far the largest event of its kind in the UK. Visitors came from 74 countries, with strong growth in heads of department and C-suite professionals, highlighting the show’s prestige and considerable global reach.     Event Director Chris Edwards commented, “The substantial increase in footfall we saw this year and the high-quality of visitors Safety & Health Expo attracts, really demonstrates how significant the event remains for the health and safety profession. We’re proud of the way it has continued to grow in scope and scale, remaining at the forefront of the industry as it evolves.” Showcasing smart buildings technology The visitors to Facilities Show boasted a combined annual purchasing budget of £9.2 billionFacilities Show also demonstrated a 3% increase in visitors, continuing a three-year upward trend in attendance. As with the other shows, this resulted in a 4% increase in the number of visitors per exhibitor, giving every exhibitor an increased opportunity to meet the strong numbers of TFMs, facilities directors, C-suite executives, directors, owners and heads of departments. Demonstrating the importance of this sector, the visitors to Facilities Show boasted a combined annual purchasing budget of £9.2 billion. Among the highlights driving such strong numbers was the Smart Buildings Expo – a new area dedicated to showcasing smart buildings technology including a working replica of a smart office building, which attracted considerable attention from visitors. Facilities Show also benefited from increased footfall resulting from the inspirational speakers – a shared feature with Safety & Health Expo. Event Director Chris Edwards said, “We’ve adapted Facilities Show to better reflect the changing face of the profession – that meant introducing new features such as the Smart Buildings Expo and the Workplace Wellbeing Show. And these developments help Facilities Show remain a critical destination for FM and workplace professionals, so we’re delighted to see that reflected in the show’s continued upward trend.” Significant events for the respective industries These strong numbers represented the four events’ continued centrality to their respective industries. Showcasing the most innovative products, providing education and helping connect thousands of professionals with hundreds of leading exhibitors, each has proved itself an essential part of the industry calendar, reflected in the visitor growth and their continued innovation. IFSEC International, FIREX International, Safety & Health Expo and Facilities Show will take place on 19-21 May 2020 Next year, IFSEC International, FIREX International, Safety & Health Expo and Facilities Show will take place on 19-21 May 2020. The date change, announced earlier this year, has been made so that all four events will better reflect the industry calendar and give exhibitors and visitors a longer period of time in which to continue their conversations before the summer period. Return of Smart Buildings Experience Smart Buildings Expo will expand to become its own event alongside Facilities Show, and the Smart Buildings Experience in association with Vanti will return with a new, wider remit aiming to integrate even more suppliers into its programme. Joining the events at ExCeL London next year will be Security & Counter Terror Expo, which previously took place at Olympia London. Together with IFSEC International, this will create an even more comprehensive and diverse global hub for the security industry, giving attendees a unique opportunity to access all segments of the market.