High Resolution, IP-Based Video Surveillance Systems Finally Poised to Explode with Video Lifecycle Management (VLM) Technologies
2008-06-03 21:55:26 -
www.frost.com - Frost & Sullivan David Escalante, 210-477-8427 North America Corporate Communications, Electronics & Security F: 210-348-1003 david.escalante@frost.com www.frost.com or TimeSight(TM) Systems George Mele, 856-206-9739 VP Markets and Products gmele@timesightsystems.com www.timesightsystems.com Driven by increased security concerns and the need to eliminate grainy video quality, the demand for high resolution, extended retention video surveillance storage systems will experience what many consider to be a hyper-growth into a multi-billion dollar storage market. A prime obstacle to this growth and technology deployment, however, lies in the storage acquisition and operational costs, which must remain reasonable and in-line with current and future customer budgetary expectations to allow customer adoption to become main-stream.
Frost & Sullivan recently completed a review of Video Lifecycle Management (VLM) as a leading technology approach to this looming issue, including an executive profile of TimeSight(TM) Systems, a leader in Video Lifecycle Management Solutions for Video Surveillance. The research done by Frost & Sullivan reveals that the overall U.S. market for IP surveillance storage is expected to reach $2.95 billion by 2013. That represents over 40 million TBs shipped in the next five years, in the U.S. alone. In addition, storage will represent 55 to 75 percent of the overall acquisition and operational budget for an average high resolution/high retention video surveillance installation, with the variables depending on the number and type of cameras, frame rates and the weeks/months of video retention needed. This explosive market is expected to see new technologies emerge to keep this rapid growth in storage from being an economic inhibitor to adoption of these new technologies.
TimeSight(TM) Systems Delivers Innovative Video Lifecycle Management Approach
Enables High Resolution and Extended Retention without the typical Storage Burden
One young leader in this space is TimeSight(TM) Systems, formed by industry executives with decades of systems, server, storage, software, networking, security/compliance and law enforcement experience to address the growing need for high resolution, IP based video surveillance and storage systems. Applying proven principles from the demanding IT industry to the digital video surveillance storage market, TimeSight(TM) Systems has developed a platform to deliver today's required image clarity and retention times to support improved security and compliance at up to 90 percent less storage cost than existing technologies and approaches. As a result, they are helping to accelerate the adoption of mega-pixel and IP technologies to the benefit of manufacturers, resellers and users.
"Surveillance users worldwide are recognizing that they must have better image quality and the ability to retain that video data longer in order to truly lower risk and achieve compliance objectives; however, this has come at a massive storage cost," states Charles Foley, CEO and Chairman of TimeSight(TM) Systems. "Unfortunately, this economic burden of massive amounts of storage to hold this richer data has been an insurmountable obstacle to most users, forcing tradeoffs in quality and retention...until now."
By applying the practice of lifecycle management to video surveillance (Video Lifecycle Management - VLM), TimeSight(TM) users are enhancing resolution and extending retention, while reducing their storage footprint by up to 90 percent while containing their infrastructure budgets.
The Frost & Sullivan white paper covers the impact of high resolution and retention on storage growth and costs, and reviews the introduction of Video Lifecycle Management, the practice of reducing the size of stored video over time, based on business risk, rules and events. It also describes how TimeSight(TM) System solutions leverage VLM to reduce storage requirements by 90 percent and highlights an actual user and their "real-life" storage savings.
According to Steve Cornelius, General Manager of Steven's Creek Auto Group, "Unacceptable quality and retention or outrageous storage costs were the response from traditional CCTV vendors. We needed a different approach that supported our security and retention goals while containing our storage budget and TimeSight(TM) Systems delivered."
Dilip Sarangan, Frost and Sullivan Research Analyst in Electronics & Security who authored the paper observed that "TimeSight(TM) Systems has strategically aligned its product development to immediately address issues that challenge overall adoption rates (megapixel/IP and analytic technologies) in the industry."
If you are interested in receiving the white paper entitled "TimeSight(TM) and VLM - Intelligent Video Surveillance Systems" or you would like to request more information regarding Frost & Sullivan's custom research and white paper services, please contact David Escalante - Corporate Communications, at david.escalante@frost.com with the following information: your full name, company name, title, telephone number, e-mail address, city, state and country. We will send you the requested information via email upon receipt of the above information.
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Explosive Growth Expected in Networked, High Resolution Camera and
Recorder Technologies with Adoption of VLM Solutions
