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Hikvision adds analytics

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03/15/2015

CITY OF INDUSTRY, Calif.—Video surveillance provider Hikvision and video analytics provider Agent Video Intelligence (Agent Vi), announced that Agent Vi’s embedded component will run on Hikvision cameras.

Avigilon buys ObjectVideo’s patents, licensing program for $80.3m

Fernandes: Video analytics can’t be separated from video surveillance, says end-to-end system is way to go
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12/19/2014

VANCOUVER, British Columbia—The future of the video surveillance industry “is about business intelligence and video analytics,” according to Avigilon CEO Alexander Fernandes, and Avigilon’s purchase of a division of ObjectVideo equips it for that future with what he calls the “strongest portfolio of intellectual property related to video analytics … the designers, technical knowhow, trade secrets and now the patents.”

BRS Labs to get new CEO, build cloud facility, do IPO

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Wednesday, August 13, 2014

BRS Labs has a full plate in the next month--it's working on finding a new CEO, finding a spot to build its own cloud facility, and it's prepping for an IPO.

BRS Labs is a provider of “self-learning behavioral recognition software," which its sells as an enterprise software solution, for monthly lease, or as "software-as-a-service. BRS Labs president John Frazzini recently announced during a Fox Business News interview that the company--(which he said he has a stake in) would be doing an IPO.  In a news release, the company today announced that the search is on for a new CEO who will take charge of the IPO process.

It is also planning to move its headquarters to a new location in Houston and plans to build a cloud storage facility in that location.

The goal is to raise funds to move into more vertical market segments, the company announced today.

I hope to catch up with Frazzini at the ASIS show next month to get an update on these initiatives.

BRS Labs was founded by Ray Davis in 2005 and Davis has served as CEO since that time. He is stepping down as CEO but role will continue as chairman for the immediate future and will head up the search for a new CEO. Davis said in a statement that he will concentrate his search in Houston.

“The company plans to find a Houstonian who understands the value of a public company in this market, and who has previous operational experience leading a company through the process of going public,” according to a company statement.

BRS Labs’ is known for its AISight platform, an “artificial Intelligence-based analytics solution that teaches itself to recognize and alert on suspicious or unexpected behavior within massive volumes of data.”

In a prepared statement, Davis said he’s “always loved building and running companies and have done so for thirty-five years. Based on the growth we have experienced here at BRS Labs, the time is right for us to take the company public, and we need to bring in an individual who has expertise in this area. I will continue to serve in my role as Chairman until that person is comfortably in place and positioned to take BRS Labs to the heights we know it is capable of reaching.”

BRS Labs says it “owns an approximate 60 percent share of the video analytics market.”

It recently expanded into Supervisory Control and Data Acquisition (SCADA) industry for oil and gas as well as other Smart Utility Grids.

Further expansion into other vertical markets is planned. One of the reasons the company plans to go public is “to raise funds to expand into Information Security, Building Management Systems, and other big data applications.”

“Our Artificial Intelligence-based technology has dominated the initial market we applied it to: video analytics,” Davis said in a statement.

“It is now time to take this proven technology and address the other serious safety and security issues facing the world today. …We need to rapidly and simultaneously move into these new vertical markets to explore the many ways in which our technology can be used, while expanding our footprint in existing markets.”

 Davis said that access to public funds “will position us for simultaneous penetration into these markets and allow us to expand the company while producing exponential returns for our investors.”

BRS Labs currently works with third-party cloud providers, but it will provide in-house cloud storage to its customers once it moves to a new location in Houston.

In addition to its headquarters in Houston, BRS Labs has offices in Washington, DC, London, Sao Paulo, and Barcelona.

 

I-View Now unites verified alarms and analytics

The company’s Cloud Analytic, which debuted at ISC West, runs an analytic through video alarms pulled from proprietary devices
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04/08/2014

HENDERSON, Nev.—Verified alarms are based on the idea that more information for central station results in better, more efficient response from law enforcement. That principle is behind the development of a cloud analytic from I-View-Now, a service that suggests that even in the category of verification, there is room to know more.

Avigilon to buy VideoIQ for $32 million on New Year’s Eve

Fernandes: Purchase brings opportunity to increase sales of VideoIQ and Avigilon
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12/31/2013

VANCOUVER, Canada—HD surveillance provider Avigilon announced Dec. 31 that it will pay $32 million to acquire VideoIQ, a Billerica, Mass.-based video analytics company.

Security Partners acquires Response Center USA

The deal provides redundancy, and is expected to increase number of dealers taking advantage of managed services offerings
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08/21/2013

LANCASTER, Pa.—Security Partners, a wholesale monitoring company based here, has acquired San Antonio, Texas-based Response Center USA, a move that adds “better than 100 dealers” to its network, Mike Bodnar, president of Security Partners, told Security Systems News.

G4S expands western footprint

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05/15/2013

OMAHA, Neb.—G4S Technology, a systems integrator based here, is expanding its western presence by opening up a new regional office in Seattle, according to a news release.

OV signs Panasonic, does R&D gov't work

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Monday, January 14, 2013

Make it eight deals with high-profile video providers for ObjectVideo. The video analytics provider on Jan. 9 announced it had signed a global patent licensing program with Panasonic.

Panasonic approached OV last year,  Raul Fernadez, chairman of Object Video, told me. OV is in discussions with six other manufacturers, he said.

With many of the biggest names in video surveillance now signed on with licensing agreements, will OV turn its attention away from its licensing program?

Yes and no, Fernandez said. OV is involved with other revenue-generating divisions, notably some R&D work with federal government clients, but licensing will continue to be an important business. There are new player in the video world all the time, Fernandez noted. And if OV lets up on its enforcement of patent infringement and licensing policies, current licensees would potentially be put at a disadvantage, he said.

However, Fernandez anticipates there will be less litigation involved in future licensing deals with video providers.

Aside from the licensing stuff, Fernandez wanted to talk about some software and services work OV is doing with "DOD and intelligence community sponsors … working on next-generation challenges for indexing, searching and retrieving images.”

It’s the kind of government-sponsored R&D work that OV did more than a decade ago that led to today’s mainstream analytic technologies (object tracking, object class, tripwire), Fernandez said.

The work OV is doing today with the government involves “a lot of indexing, image segmentation … taking images and crossmatching with large databases to geolocate images.”

Fernandez said it this research will propel “next generation innovations” for its government client, OV and the security industry. 

PureTech Systems’ intelligent video analytics helped protect DNC

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09/24/2012

PHOENIX, Ariz. – A PureActiv Wide Area Surveillance System helped provide security for the Democratic National Convention held earlier this month in Charlotte, according to a PureTech news release.

IMS: Video analytics market to be worth $600 million in 2015

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12/27/2011

While the availability of free content analysis in video surveillance devices continues to grow, the need for chargeable higher-end applications will push the market for video analytics to nearly $600 million in 2015, according to a new report from IMS Research.

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