Axis Acquires Retail Analytics Developer Cognimatics
Author: John Honovich, Published on Jun 03, 2016
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Comments (15)
Jean-Baptiste Ducatez
It's an expected news, and I fully agree with the sentence "The story here is not that they acquired Cognimatics but that they waited so long".
The question now is : what's going on with the Open Analytics Platform Program ?
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Undisclosed Manufacturer #4
Rumor is Axis has been told by Canon to spend the cash that was slated for dividends on acquisitions to punish the firm holding the remaining stock.
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Alastair McLeod
I would just like to point out that it is incorrect to call it the Open Analytics Platform. This pre-supposes that all applications run on the camera will be analytics. The official Axis name for the platform is ACAP, or Axis Camera Application Platform, which is broader in meaning and more accurate.
To answer the obvious question about what other types of application there might be, I provide, as an example, our own TRINITY Direct To Storage system architecture, with it's COLDSTREAM application running on the camera, writing directly to our COLDSTORE storage hard disk array, thereby negating the need for an NVR and with a choice of third-party client systems (which include PSIMs).
There are other application types under development too (which I can't currently discuss), so do not assume that the only applications run in the camera will be analytics. They will be by far the most common application type of course, but not the only ones.
Just FYI: I represent, Veracity, the manufacturer of the TRINITY, COLDSTREAM and COLDSTORE products.
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Andrius Dapkevicius
Financial numbers of Cognimatics
Financial numbers of AXIS
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