Tag: VSaaS
Arcules CEO Andreas Pettersson steps down
November 1, 2024SSN Staff
COPENHAGEN, Denmark — Milestone Systems has announced that Arcules CEO Andreas Pettersson will be stepping down from his position.
Arcules, which spun out from Milestone Systems in 2017, reintegrated with the company on July 1, 2024 citing a need to be optimally positioned for the growth expected in the VSaaS market.
“The merger offers unparalleled ability to exploit the rapidly changing Al landscape from on-prem to cloud and both Milestone and Arcules are advanced in working...
US leads global VSaaS market to 2020
June 15, 2016Spencer Ives
LONDON—Now, and for several years to come, the United States will have the largest share of the global VSaaS market and the most common application will be in the commercial space, according to a Technavio report on the global VSaaS market from 2016 to 2020.The U.S. is the leading country in the VSaaS market, according to Technavio, maintaining about 30 percent of the global market in 2015. The report groups South and North America into a single “Americas” region, which constitutes...
Herve Fages to head new VSaaS company
October 21, 2015Martha Entwistle
CLOVIS, Calif.—Herve Fages, former CEO of Pelco, has a new job heading up MultiSight, a new VSaaS company owned by Schneider Electric.Designed for retailers, convenience stores, restaurants and other multi-location businesses, MultiSight is offered for a monthly fee. The fee includes installation, hardware, apps (Apple and Android), cloud services and storage, support, maintenance, updates and system health monitoring.A differentiator for MultiSight, Fages said, is that its “hardware...
Systems integration market to increase 9 percent by 2018
November 19, 2014Amy Canfield
WELLINGBOROUGH, England—The security system integration market worldwide rose nearly $5 billion to $59.5 billion from 2012 to 2013 and is expected to increase more than 9 percent through 2018, according to a new report from IHS Research, based here.The North American market should see an increase of 7 to 8 percent through 2018, senior research analyst Paul Bremner told Security Systems News.Large companies looking to streamline are primarily fueling the market growth, Bremner said. After struggling...
Report: Growth rate for service offerings to soar
October 1, 2014Leif Kothe
WELLINGBOROUGH, England—The North American market for physical security equipment and services is poised to exceed $61 billion by 2018, up from $44.4 billion in revenues in 2013, according to a new report, “Physical Security Equipment & Services Report—2014,” from IHS Research, a market research firm based here.Service-based offerings are projected to further emerge as a defining feature of the North American market, their growth powered by manufacturers and service providers...
IP video surveillance, VSaaS market worth $18b by 2020
February 19, 2014Leif Kothe
PORTLAND, Ore.—The combined North American market for IP video surveillance and video-surveillance-as-a-service is forecast to expand dramatically in the near-term, rising from $2.4 billion in 2013 to more than $18 billion by 2020, according to a report from Allied Market Research, based here.By the end of the forecast period, the market for VSaaS will be the highest revenue-generating segment of the global IP video market, worth a projected $57.3 billion, according to Sathya Durga, who coauthored...
IP video surveillance, VSaaS market worth $18b by 2020
February 11, 2014Leif Kothe
PORTLAND, Ore.—The combined North American market for IP video surveillance and video-surveillance-as-a-service is forecast to expand dramatically in the near-term, rising from $2.4 billion in 2013 to more than $18 billion by 2020, according to a report from Allied Market Research, based here.By the end of the forecast period, the market for VSaaS will be the highest revenue-generating segment of the global IP video market, worth a projected $57.3 billion, according to Sathya Durga, who coauthored...
G4S Technology creates new service and maintenance division
December 16, 2013Martha Entwistle
OMAHA, Neb.—With the goal of increasing the percentage of revenue it derives from services from 25 to 40 percent, G4S Technology, a national systems integrator and project management company for electronic security systems and communication networks, has launched a new division.
“We created the service and maintenance division in Chicago; we're trying to leverage the resources we have in house,” Sam Belbina, newly named president of G4S Technology, told Security Systems News....
Axis and Salient partner with HP for VSaas
June 6, 2012Martha Entwistle
In an effort to bring VSaas to the masses and IP to everyone, IP video provider Axis Communications, VMS provider Salient Systems and storage and server company Hewlett Packard today announced a Video Surveillance as a Service solution.
I spoke to Scott Dunn, Axis' director of business development for North America, this afternoon about the deal. Salient adapted and integrated its enterprise VMS solution for Axis' “one click camera connection” to stream video from IP cameras...