Magazine Article | March 19, 2013
DVRs/NVRs Video Storage
By Business Solutions magazine
Most Significant Trends
All Signs Point To A Growing Opportunity — “Demand for open, IP-based solutions and related storage systems are growing more rapidly than closed, proprietary ones. Additionally, HD cameras are replacing lower resolution ones, driving greater storage requirements. At the same time, end users and regulatory authorities are driving requirements for longer data retention times, resulting in greater storage requirements. This drives the need for converged storage appliances, which are beneficial over alternative systems, based on their simplicity, scalability, energy and rack space footprint, and value.” Rich Bravman, CEO, Pivot3
Cloud Equals Recurring Revenue — “Cloud-based hosted video services is one of the hottest trends in video surveillance. It allows users to access their information anywhere, anytime through a PC or mobile device. This frees users from being tied down to their local video system and gives them the freedom to check the system’s status in real time at home or on vacation. Integrators benefit from hosted video services because it makes monitoring the system easier by providing a single user interface to monitor all of their customers’ systems. And as a cloudbased service, the system can automatically alert integrators by email when it goes offline or a camera is no longer functioning. Hosted video service also eliminates the need for integrators to roll a truck out to upgrade the system’s firmware or provide customers with new features, as these updates are made automatically in the cloud. The value-added services of the technology help integrators reduce their installation and service costs while generating new forms of recurring monthly revenue.” John Smith, senior channel marketing manager, Honeywell Security
