Exploring Verint's Video Strategy

Author: John Honovich, Published on Jul 28, 2008

Verint's objective is to be an end-to-end solutions provider delivering a complete product offering of IP video products. This is a significant evolution from Verint's early days when the company was mostly known for its high quality DVRs (from Lanex and Loronix). This strategy is important because other large companies seem to be emulating this and it sets the stage for 2 major alternatives for IP video solutions.

Overview of Verint Video

Verint's goal is to eliminate complex integration and provide a single source for enterprise customers to obtain IP video solutions. Verint offers a wide range of cameras, encoders, wireless devices, analytics and video management software.

The value proposition is that by providing an end-to-end solution, the system will perform better and the integration costs will be lower.

Verint is now offering turnkey IP solutions that bundle encoders, software,servers, switches, cables, etc. to make it as simple as possible for analog customers to migrate.

For instance, Verint's Nextiva, their IP video management software provides extensive integrated support for outdoor analytics, retail analytics as well as PSIM features - integrated maps, rules based engines and virtual matrixes. This has the potential to reduce the 3rd party products needed to build an enterprise video monitoring system.

At the same time, Verint is not a closed system. It supports both Object Video and Agent Vi for analytics as well as a number of leading IP camera manufacturers such as Axis, IQinvision and Arecont Vision.

Emulating by Others

Get Video Surveillance News In Your Inbox
Get Video Surveillance News In Your Inbox

The recent moves by Tyco and March Networks clearly indicate that this strategy is being emulated by other large companies. Tyco's acquisition of an encoder/NVR company and an analytics company, Intellivid, provide Tyco with a broad IP video portfolio. March Networks acquisition of Cieffe's cameras, encoders and IP video management systems is similar as well.

Verint certainly has an extensive head start so it will be very interesting to see how quickly and how well March and Tyco can close this gap.

At a higher level, what seems to be happening is the incumbent DVR companies, as a group, are expanding their product set and transitioning to end to end IP video systems.

Two Major Alternatives

This is producing a clear contrast in the marketplace between end-to-end solutions and dedicated software providers. On the one hand, you have Verint, March, Tyco and Cisco. On the other, you have companies like Milestone, Genetec and IpConfigure.

The end to end providers have two significant advantages: (1) they can use their brand and distribution to target the whole deal and (2) they should have some benefits in ease of integration.

The dedicated software providers have advantages: (1) greater flexibility to choose exactly what's best for you and (2) potentially access to better parts that the end to end solution might not support.

I do not know what will win but Verint's strategy and how the major incumbents are responding indicates that this will be a core issue in the evolving IP video market.

Related Reports on Encoder

Universal HD Analog Encoder Tested (DW Compressor) on Jul 06, 2017
Digital Watchdog has released the Compressor HD, a "universal" HD analog encoder, with support for AHD, CVI, TVI and SD analog cameras. We tested...
60% Lower Bandwidth, 'Video Anywhere' - Digital Barriers TVI / EdgeVis on Oct 28, 2016
Streaming video over low bandwidth, wireless connections often results in stalled video, broken up video or significant video delays. But Digital...
H.265 Licensing Fees Examined / CEO Interview on Jul 14, 2016
Axis has repeatedly warned about H.265 licensing, most recently: [The H.265 license model] includes a royalty on revenues generated on the...
Micropower Fails on May 02, 2016
Wireless video surveillance is a tough business. Micropower sought to deliver a wireless, turn-key, professional video solution. The most famous...
$100 True WDR Camera Tested (FLIR CVI) on Jul 31, 2015
True WDR has traditionally been quite expensive. And HD analog has so far been mostly low-end models. Now, FLIR has released a ~$100 1080p CVI...
Samsung Outdoor SmartCam Tested on Jun 09, 2015
The #1 missing feature for Google / Nest / Dropcam has been no outdoor model, inspiring a slew of DIY and unauthorized commercial add-on...
Testing Dahua HDCVI Encoder With VMSes on May 14, 2015
HD Analog cameras have incredibly low prices for true HD video. But HD analog recorders are pretty simplistic and underwhelming. Moreover, many...
Axis vs Hikvision vs Sony Encoder Test on Mar 18, 2015
In this report, we share test findings of three popular four port analog SD encoder models: Axis P7214 Hikvision DS-6704HFI Sony...
Milestone Super Low Cost HD Solution on Dec 15, 2014
Recent IPVM testing has shown and verified a super low cost HD solution using Milestone that has never been marketed. In this note, we break it...
Milestone Launches DVRs on Sep 19, 2014
So much for innovation and the open platform, Milestone has entered the DVR business. In this note, we examine the upside for Milestone, the...

Most Recent Industry Reports

PoE Powered Access Control Tutorial on Jan 19, 2018
Powering access control with Power over Ethernet is becoming increasingly common.  However, access requires more power than cameras, and the...
If You Have 4 Cameras, You Can Throw Them Away, If You Have 400, They Throw You Away on Jan 19, 2018
Do users care about anything but price? Do user care about cybersecurity? Do users care about trusting their supplier? These have become...
Chinese Government Hikvision Surveillance System On US Government Network on Jan 18, 2018
Hikvision, the Chinese government-owned manufacturer, has publicly claimed that their products are running on a US government network. Moreover,...
Winter 2018 Camera Course on Jan 18, 2018
Learn video surveillance and get certified. Register now. Save $50 on the course, ending this Thursday the 18th, plus get access to 2 class times...
VSaaS Usage Statistics 2018 on Jan 18, 2018
VSaaS has been a 'next big thing' for more than a decade. The prospect of managing, storing and streaming video from the cloud rather than...
Vivint Streety Video Strengthens Door Knocking on Jan 17, 2018
Vivint is famous (or infamous depending on your perspective) for mastering large scale door to door selling. The company has skyrocketed from a...
Axis: "It’s A Question Of Trust And Who You Want To Be Associated With" on Jan 17, 2018
Who do you trust? Who do you want to be associated with? Axis is raising hard questions to start 2018. In this note, we examine these questions,...
Software House Vulnerability Allows Inside Attacker To Open Doors on Jan 17, 2018
A vulnerability in Software House IP-ACM modules allows an attacker to potentially unlock doors, or perform other actions, on affected systems....
'Defiant' Hikvision 'Strikes Back' At WSJ And US on Jan 16, 2018
The fight is on. Hikvision and their owner, the Chinese government, 'strikes back' against the Wall Street Journal and US politicians raising...
The 2018 Surveillance Industry Guide on Jan 16, 2018
The 300 page, 2018 Video Surveillance Industry Guide, covering the key events and the future of the video surveillance market, is now available,...

The world's leading video surveillance information source, IPVM provides the best reporting, testing and training for 10,000+ members globally. Dedicated to independent and objective information, we uniquely refuse any and all advertisements, sponsorship and consulting from manufacturers.

About | FAQ | Contact