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Avigilon

Saptharishi to lead Avigilon’s Center of Excellence initiative

Avigilon announces normal course issuer bid
 - 
05/14/2015

VANCOUVER—Avigilon CTO and SVP Mahesh Saptharishi will lead the video and security solution provider’s Centers of Excellence initiative, Avigilon announced May 11.

Is 4K so 2014? Avigilon turns it up to 7K

 - 
Monday, April 6, 2015

Some pre-ISC West announcements today were led by news today from Avigilon that it will be showing a single-sensor 7K (30 megapixel) security camera in Las Vegas next week.

Last year every camera manufacturer and his brother unveiled, or announced intent to release, a 4K camera. Avigilon today announced that it will demo a 7K and release a 6K (24 megapixel) HD camera at this year's ISC West show. That's "horizontal resolution exceeding 7,000 pixels and more than 30 million total pixels." Avigilon already has 4K (8 megapixel) and 5K (16 megapixel) cameras.

Known for its mega-megapixel cameras, Avigilon has grown through a number of acquisitons beyond its HD surveillance roots to become an end-to-end provider of: HD network VMS, megapixel cameras, access control and video analytics. 

I have a request into Avigilon for an interview. I'm interested to find out when and where a 7K security camera might be useful, when Avigilon plans to actually release the 7K and how the price compares to other high-megapixel count cameras.   

The company said that the 7K camera uses power, bandwidth and storage efficiently when paired with its Avigilon Control Center software (which uses Avigilon's high definition stream managment technology.)

Avigilon will be at Booth # 22043 at the ISC West.

I-View Now enters new agreement

Company also releases new wave of integrations
 - 
02/13/2015

HENDERSON, Nev.—I-View Now, a provider of video verification services based here, announced a number of new integrations including one with ipDatatel.

I-View Now announces new integrations

 - 
Wednesday, February 4, 2015

I-View Now, a provider of video verification services based in Henderson, Nev., announced a new selection of coming integrations, as well as a new agreement to integrate ipDatatel devices. This wave of integrations includes Milestone, Digital Barriers and Avigilon. Additionally, the company announced the first integration to come from a recent agreement with FLIR Systems.

Among the annnounced integrations was Milestone’s video management software, XProtect Corporate and XProtect Enterprise, which will be available on Feb. 6.

Also on this date will be released the integration with SafeZone-edge, analytics provided by Digital Barriers, which is currently available on compatible AXIS cameras and encoders, I-View Now mentioned.

An integration with Avigilon’s Rialto A4 encoder was also announced. “I-View Now is excited to add this proven analytic device to our list of integrations,” the company said in a prepared statement.

The company also entered an agreement to integrate various devices from ipDatatel, including the company’s line of Home Area Network products. These integrations will become available in Q1 in 2015.

The first FLIR integration, with FLIR DNR500 Series NVRs, is also scheduled to be available Feb. 6.

“FLIR looks forward to achieving additional integrations of our recorder systems with I-View Now," said John Distelzweig, VP & GM of FLIR Security, in a prepared statement.

Avigilon buys BRS patents, others for $13m

One month after spending $80 on ObjectVideo’s patents, Avigilon ‘tries to lock in IP in a whole range of analytical algorithms’
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01/21/2015

VANCOUVER, British Columbia—Avigilon today announced it spent $13.3 million acquiring video analytics patents that extend into behavioral recognition, video segmentation and meta-data and more. This deal comes one month after the video surveillance provider spent $80 million to acquire patents from ObjectVideo.

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.”

Video companies branching out into access control

Watch for more video companies to follow suit
 - 
10/10/2014

YARMOUTH, Maine—In the past 18 months, three major video surveillance companies have expanded into access control. There are many reasons why Axis Communications, Panasonic and Avigilon made this move, but the main reason, they say, is because of demand.

Avigilon gets patent for HDSM tech

 - 
10/10/2014

VANCOUVER—Avigilon on Oct. 1 announced that its High Definition Stream Management (HDSM) technology has been awarded a patent by the United States Patent and Trademark Office.

Avigilon has video analytics news

 - 
Wednesday, May 14, 2014

There was lots of video analytics news today.

Avigilon, which acquired VideoIQ at the end of 2013, today came out with the first combined offering of VideoIQ and Avigilon products. Avigilon added Rialto to its portfolio. Rialto has three appliances (for IP, analog and thermal cameras) that will enable end users to add VideoIQ analytics to existing Avigilon or other manufacturers’ cameras. I have a call into Avigilon for more details.

Avigilon's analytics play is a good move according research firm TechNavio which announced today a new report that predicts global intelligent video analytics market will have a compound annual growth rate of 34.12 percent over the period 2013-2018.  

What will drive that growth? TechNavio said it’s the need for sophisticated tools to analyze the “unstructured data" generated by video surveillance systems, as well as increased security concerns.

The other, important driver is the “increasing demand for intelligent video analytics with business intelligence tools,” the report said.

“When operational data is integrated with BI features, companies can generate profits by identifying and implementing profitable projects, increase sales by applying fact-based selling tools, enhance customer loyalty, and retain customers by optimizing customer experience management,” said Faisal Ghaus, VP of TechNavio, in a prepared statement. “Organizations can use IVA solutions combined with BI tools to predict the future behavior of potential and existing customers, which is a major driver for the growth of the market over the forecast period.”

This all made me think about the very excellent educational session at TechSec 2014  “The IP camera of the future,” where there was lots of talk about the crucial nature of video analytics that work.

“The full potential of the business value of security cameras has yet to be realized,” said Ray Coulombe, an entrepreneur and CEO of SecuritySpecifiers.com, who moderated the panel.  “Analytics, big data implementation, and the proper mindset of security practitioners will develop to the point where security cameras, and other devices, will be viewed as a more integral part of the business fabric.”

The vendors involved with the TechNavio report were listed as: Agent Video Intelligence, Axis Communications, Honeywell, Bosch, Cisco. IBM, Infinova, Intellivision, Nice Systems, ObjectVideo, Verint, VideoIQ.

 

Is Avigilon in a buying mood again?

 - 
Tuesday, March 18, 2014

Avigilon will soon have more cash for purchases.

The HD surveillance provider on March 17 increased a previously announced financing to $100 million (Canadian).

The official statement said that the “company intends to use the net proceeds from the offering for general corporate purposes and for potential strategic acquisitions.”  

I have a call in to Avigilon to see if they'll comment on why they're increasing the financing.

The offering is expected to close just after ISC West this year “on or about April 8, 2014,” the company said.

The financing, “a bought deal offering of common shares of Avigilon,” is an expansion of a previously announced bought deal offering for $69 million, which was announced in November, just before Avigilon acquired VideoIQ on Dec. 31.

Under the terms of the expanded financing, a “syndicate of underwriters led by GMP Securities L.P. and including BMO Capital Markets, National Bank Financial Inc., CIBC World Markets Inc., RBC Capital Markets and PI Financial Corp. have agreed to purchase, on a bought deal basis pursuant to the filing of a short form prospectus, an aggregate of 3,448,280 Common Shares at a price of $29.00 per common share for aggregate gross proceeds to Avigilon of $100,000,120,” the announcement said.

The syndicate may purchase an additional 517,242 shares at the same price up to 30 days after the closing. If that happens, an additional $15,000,018 will be raised, and Avigilon’s gross proceeds will be $115,000,138.

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