Honeywell Acquires Videofied
By Brian Karas, Published on Mar 01, 2016
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Comments (9)
Armando Perez
Im confused...
http://ipvm.com/reports/honeywell-try-sell-security
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Jeff Sandine
03/01/16 05:36pm
Here's a scenario where Videofied often beats an IP security camera system:
For small to medium sized remote location projects (fenced) with no utility infrastructure, Videofied is one of the most cost effective solutions available. I've quoted customers solar powered high res Mobotix camera systems with 4G/LTE comm for $20K+ and also quoted the Videofied battery powered solution for $3K. While prospects initially say they want live high res video, they often choose the $3K Videofied solution with a low image quality 10 second video clip of intrusion sent to a monitoring station via cellular comm. The monitoring station only needs to know that someone is there when they should not be, no further detail required, they can fire off siren/strobe to chase away the intruder while the police are on the way. And, since the Videofied system requires monitoring, there's RMR with the system sale.
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Scott Gerrels
Its all about ease of install. The quality of the video means little, its just verification that someone is on site when no one should be.
With the company I'm with, we don't deal with this stuff (all Fortune 500 clients) but i can definitely see the niche for small to commercial businesses.
I sold quite a bit of this stuff when I worked for Stanley, but like I said, different market. Its cheap, but it works.
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Tariq Saleh
As a relative news; United Technologies rejects Honeywell's $90.7 Billion offer
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Chris Hammond
I am puzzled as to why Honeywell acquired to gain position instead of developing their own. Is there that much secret sauce in Videofied? Honeywell clearly has a tremendous amount of experience and resources in the intrusion detection space. It seems like making an investment in R&D to create their own competing product isn't a $123M stretch. And, Honeywell already has global reach with their brand so it does not seem like Videofied or RSI have that much brand value. Is there a patent issue?
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Derek Arcuri
I'm puzzled. Isn't Honeywell trying to sell off their security business?
http://ipvm.com/reports/honeywell-try-sell-security
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