Tag: James Chong
Vidsys gets $11 million
April 27, 2016Martha Entwistle
VIENNA, Va.—Software provider Vidsys on April 26 announced it closed an $11 million funding round, which Vidsys CEO James Chong told Security Systems News will be used for “global expansion and to provide the right level of customer support and engagement [for the Vidsys web-based platform.]”Vidsys, based here, originally known as a provider of PSIM (physical security information management) software, now refers to its software as CSIM, converged security information management...
Vidsys founder James Chong named CEO
February 17, 2015Martha Entwistle
VIENNA, Va.—The new CEO of VidSys is not new to the company. James Chong, who on Jan. 26 was named CEO of the PSIM provider, founded VidSys in 2005 and has also served as CTO.Chong replaced Michael P. Jackson who had served as CEO since 2013.In his new role as CEO, Chong said he plans to “help accelerate our strategic growth as well as product innovation and direction.”VidSys sees “the opportunity to enter other markets we may not have played in as aggressively before.”...
The PSIM potential
September 4, 2012Kenneth Z. Chutchian
YARMOUTH, Maine—If you are a vendor or integrator of PSIM systems, the chances are good that you consider this to be an exciting time in the security industry.
And the chances also are excellent that, regardless of your expertise and experience, your views on PSIM market trends will be challenged by others in the field.
PSIM (physical security information management) software and systems are only six or seven years old. That's young enough to generate the buzz of possibilities yet...
Study: PSIM market to grow to $2.8b by 2021
July 12, 2012Martha Entwistle
A couple days after PSIM maker VidSys touted one aspect of the new Frost & Sullivan PSIM study, F&S itself today sent out a release about this study.
The projections are most interesting part of the release, I think. F&S projects the global PSIM market is set to grow from a $142.9 million in 2011 to a $2.79 billion by 2021.
When I spoke to VidSys CTO James Chong the other day, he said that his company's commercial business is on the rise. The Frost & Sullivan study says that's the way it's going...
VidSys says PSIM market maturing
July 11, 2012Martha Entwistle
VIENNA, Va.—While there is still some confusion in the market about what constitutes a “true PSIM” and what's merely a “PSIM wannabe,” the market is maturing and demand is growing, James Chong, founder and CTO of PSIM provider VidSys, told Security Systems News.Interest from commercial entities is increasing, he said. “We're seeing an increase in our customer base from non-government entities, from Fortune 500 companies with a global reach,” he said.“Right...