Daily Archives: 28/04/2014

IHS Research Note: ‘PSIM software continues to see strong growth despite increased competition’

In the latest Research Note from IHS, senior analyst Paul Bremner discusses the Physical Security Information Management (PSIM) software market.

A new report from IHS reveals that the world market for PSIM (Physical Security Information Management) software is estimated to have been worth $160.3 million in 2013.

While being a small segment of the larger security and fire market, the PSIM market continues to enjoy 20% and higher growth rates, and will do so until at least 2018. This growth is being driven in part by end users deploying PSIM software platforms as a tool to enforce compliance of both internal policies and external legislative requirements.

Despite these growth rates, confusion surrounding what constitutes PSIM software remains. Competing products such as command and control platforms, advanced video management software and security integration platforms have muddied the water as their capabilities and functionality have expanded into what was once considered PSIM’s territory of situational awareness and situation management.

Connectivity and integration aspect eroded

In previous years, one of the key selling points for PSIM platforms was their ability to connect and integrate multiple disparate systems, both security and non-security. It is this connectivity and integration aspect to PSIM which has been eroded over the past two years, with many other products being able to offer various integrations to expand their software’s reach.

PSIM software has thus had to shift its USP away from this integration aspect. Customers that are buying PSIM now are really coming with a top-down view, with a need to improve their security operations in a cost-effective, operationally efficient way while improving the overall security of the environment in which they are working. This is where the PSIM value proposition lies.

That said, the market has grown in line with expectations from the previous edition of the report, with the market being $7.5 million larger in 2013 than previously expected.

However, longer-term growth will be muted compared with previous expectations. The market’s long-term growth is limited by competing products successfully being deployed in the mid-tier, a market that has historically been out of reach for the high-end PSIM software platforms due to their high price tag.

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TDSi to share security experience and expert advice with presentations at IFSEC International 2014

Security specialist TDSi will present sessions on integrated security and access control trends and offer practical advice on exporting at IFSEC International, which runs at ExCeL London from 17-19 June 2014.

In addition to making presentations at conference, on Stand F1100 TDSi will also be showcasing its latest integrated products and services and talking to visitors about how these can be incorporated into real-life projects.

TDSi’s presentations as part of the IFSEC Academy will kick off with md John Davies co-hosting a session entitled ‘Functionality, Reliability, Performance: security solutions for smarter buildings’ with fellow Harmony Alliance members in the SMART Buildings Theatre. This takes place at 1.00pm on Tuesday 17 June.

TDSi's md John Davies

TDSi’s md John Davies

Davies will be sharing the stage with Jim Ludwig (md at Texecom), Elmdene International’s md Ian Moore and Mark Tibbenham, managing director at GJD.

The presentation will examine how security is a priority for modern businesses, how security technology must offer excellent levels of ROI as well as being efficient and reliable. The presentation will also focus on how individual project needs, such as building layouts and the day-to-day operational needs, must be key installation and maintenance considerations.

Security and Access Control: the key trends

On Thursday 19 June, TDSi’s engineering and operations director Mike Sussman will be presenting ‘Security and Access Control: key trends for 2014-2015’. This presentation also takes place in the SMART Buildings Theatre, this time from 11.00 am–11.30 am.

Mike Sussman: TDSi's engineering and operations director

Mike Sussman: TDSi’s engineering and operations director

Sussman’s presentation will look at the substantial rise in integrated security systems and examine how this trend is likely to evolve.

The presentation will also review how upcoming trends and technology will place the security industry in a strong position to maintain growth.

John Davies will also be a key speaker for a forum entitled ‘UK Security on the World Stage: advice for exporters’, which runs in the IFSEC Global.com Centre Stage Theatre on at 1.00 pm on Thursday 19 June. Along with fellow speakers, including Greg Stuttle (chairman of the BSIA’s Export Council), Davies will be discussing how exports can be a valuable way to maintain and enhance profitability.

By incorporating recent BSIA research on this subject, the presentation will offer Best Practice advice, look at potential pitfalls, the importance of considering an export strategy and how the outlook is shaping up for 2014 and beyond.

Reflecting on TDSi’s participation at IFSEC International 2014 and the speaking opportunities, John Davies commented: “This is one of the key events for the security industry and we are proud to be taking part in three presentations this year as well as exhibiting at this exciting new venue.”

Davies added: “In presenting with my Harmony Alliance counterparts, we will be able to show how a truly integrated security and buildings services systems can offer benefits that far outweigh the sum of their parts. In addition, my colleague Mike Sussman will be imparting his considerable industry knowledge and expertise by looking at the key security trends and their benefits, while I will also be examining the importance of exports – drawing from direct experience through TDSi and also with my fellow BSIA members.”

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AMG Systems announces technology partnership with NICE Systems

The integration of AMG’s PanoCam360 with NICE Systems’ NiceVision Net 2.5 enhances ease of video management and situation handling while at the same time improving the quality and speed of critical decision-making and investigation.

AMG Systems (the British manufacturer of sophisticated Megapixel cameras and CCTV transmission technology) has completed the integration of AMG-Panogenics’ 5 Megapixel, 360 degree PanoCam360 cameras with NICE Systems’ NetVision Net 2.5 – a comprehensive enterprise class, open VMS platform for end-to-end IP video surveillance applications.

The technology integration is a significant move for introducing AMG-Panogenics’ range of cameras into applications in a number of vertical markets, among them the transport sector.

AMG Systems has completed the integration of AMG-Panogenics’ 5 Megapixel 360 degree PanoCam360 cameras with NICE Systems' NetVision Net 2.5

AMG Systems has completed the integration of AMG-Panogenics’ 5 Megapixel 360 degree PanoCam360 cameras with NICE Systems’ NetVision Net 2.5

“NiceVision Net 2.5 provides superior value to security operators, integrators and IT managers with its focus on evolving market needs,” said Yuval Kiselstein, head of product management for surveillance solutions at the NICE Security Group.

“We base our solutions on an open, IT-friendly design which makes it easy for third parties to integrate while still complying with end users’ IT requirements. We have found that AMG’s PanoCam360 lends itself incredibly well to our markets, including many transport-related applications, and we look forward to a fruitful partnership that will help users gain the most from their video technology.”

Sara Bullock, international sales and marketing director for the AMG Group, added: “The transport market has always been very important for AMG. It’s where our transmission technology stems from, and the AMG-Panogenics camera range, which includes TotemCam360 and PanoCam360, is particularly well suited for applications in this market.”

Sara Bullock: international sales and marketing director at the AMG Group

Sara Bullock: international sales and marketing director at the AMG Group

Bullock went on to state: “NICE Systems’ sophisticated VMS solution fits a wide range of customers and implementations while ensuring the best total cost of ownership and unsurpassed reliability. In combination with our camera range, this creates a compelling market offering. I’m therefore delighted to announce this technology partnership.”

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