Tag: remote monitoring
Residential security market growth to be driven by AI, crime rate
September 30, 2024SSN Staff
NEW YORK —The interactive residential security market size in the U.S. is estimated to grow by $2.96 billion from 2024-2028, according to market research company Technavio.
The market research company estimates that residential security will grow at a CAGR of 10.26% during the forecast period, with rising crime rates across the U.S. is driving market growth and a trend towards increasing focus of vendors on new product launches.
Technavio writes that the interactive residential security...
Dean Drako acquires Cobalt AI
June 4, 2024SSN Staff
FREMONT, Calif., and AUSTIN, Texas — Dean Drako, president and CEO of Eagle Eye Networks, IC Manage, and Drako Motors, announced his acquisition of Cobalt AI (formerly Cobalt Robotics).
As Cobalt’s owner, Drako will serve as the company’s chairman, while Ken Wolff, Cobalt’s CEO, will continue leading the company. Cobalt AI will operate as an independent company with its current management team and entire staff.
Cobalt is known as a provider of AI alarm filtering, remote...
i-PRO Introduces NX Series network video recorders
October 26, 2023SSN Staff
TOKYO – i-PRO, a global professional security solutions provider, announced the release of its i-PRO NX Recorder Series of professional network video recorders (NVRs).
The NVRs are a high-capacity, secure recording solution featuring remote monitoring and no yearly licensing requirements. Designed by i-PRO for medium-size businesses that require serverless simplicity and cost-effective installation and maintenance, the NX Recorder series provides flexibility channel expansion and offers...
Yves Rocher employs IDIS surveillance solutions
October 25, 2023SSN Staff
COPPELL, Texas – IDIS, a South Korean video technology manufacturer, has partnered with French cosmetic and beauty brand Yves Rocher to help them expand their growing network of stores.
Yves Rocher stated that the key to their profitability is advanced remote monitoring and business intelligence analytics to give its central management team greater understanding and control over branch operations. The company needed a robust video solution to reduce shrinkage, improve customer service, drive...
Protos Security, Southfield Capital announce strategic partnership with ControlByNet
August 30, 2022SSN Staff
GREENWICH, Conn. – A release from private equity firm Southfield Capital announced the acquisition of video monitoring and software solutions company ControlByNet (CBN) by security services provider Protos Security.
"Over the last 20+ years, CBN has developed an impressive suite of technology offerings capable of servicing the remote guarding/security needs of clients across devices," said Southfield Capital Partner, Andy Cook. "We believe that combining CBN with Protos' industry leading...
Securitas gets into electronic security; Iverify doubles in size
June 4, 2014Martha Entwistle
In two separate, but related transactions, Securitas is getting into electronic security and Iverify is nearly doubling in size and adding new capabilities.
Guarding giant Securitas is making a concerted move into electronic security and “integrated guarding” with the purchase, announced June 2, of a 24 percent stake in remote monitoring firm Iverify. In a related move also announced Monday, Iverify bought 100 percent of the shares of commercial security and fire company TransAlarm. Iverify...