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

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...
Industry News Roundup May 2014 on May 23, 2014
Monitoring over 100 surveillance sites, the IPVM Spider picks up 300+ pieces of news each month. Here are 18 of the most noteworthy news items,...

Most Recent Industry Reports

Importance of Sales To Integrators - Statistics on Jun 23, 2017
One of the top trends in the industry over the past few years has been the rise of across-the-board sales (e.g.: Hikvision Sales, Dahua Sale,...
Deep Learning Surveillance Startups Deep Problem on Jun 23, 2017
The undeniably good news for the video surveillance market is that we are seeing the rise of more startups than in many years. The cause of this...
Avigilon Announces RADAR-Based Presence Detector on Jun 22, 2017
RADAR is gaining momentum within physical security. Two months after Axis announced a network radar detector, Avigilon has announced a RADAR-Based...
Covert Cloud Camera Service Launching (KJB) on Jun 22, 2017
Cloud IP cameras, for consumers, has become increasingly commonplace. However, covert cameras, lag there, with few options. Now, North America's...
Manufacturers Shipping Unlicensed H.265 Products on Jun 22, 2017
While H.265 support in video surveillance is growing, IPVM's research shows that most surveillance manufacturers are shipping H.265 products with...
Uniview Low-Cost Bullet PTZ Tested on Jun 21, 2017
Uniview is offering a HD zoom bullet camera, the IPC742SR9-PZ30-32G, with an integrated pan / tilt positioner, for the price of a low-cost...
QSR Video Surveillance Best Practices on Jun 21, 2017
Fast food restaurants or QSRs (quick service restaurants), are frequent victims of crime and fraud. Because they are open late, deal with cash, and...
45 Drives 'Lowest Cost' Enterprise Storage Company Profile on Jun 21, 2017
45 Drives claims the "lowest cost per Hard Drive Slot in the industry." But who or what is '45 Drives'? What started as a product design to...
No Hack, Still Liable, Court Finds ADT on Jun 20, 2017
Recently, ADT has been in the news for a $16 million settlement for a cyber security vulnerability class action suit. One of the most important...
Resolver / PPM 2000 Incident Management Platform Profile on Jun 20, 2017
You might have seen the company whose employees wear hockey jerseys at trade shows and wondered "what do they do?" PPM 2000 has been active in...

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