On IP Video SurveillanceAuthor: John Honovich, Published on Apr 11, 2009
ADT posted an article on their site validating the growth of IP video surveillance, saying that IP's time has come. Of course that sentiment is not new. What makes it interesting is that it is coming from ADT, an extremely large force in the security industry and one that many viewed as being reluctant to 'converge'. ADT notes that up until 18 months ago, IP sales were 'neglible' but are now 8-10%. They now expect it to be more than 50% within 4 years or less.
A particularly interesting dynamic will be how ADT fares in this transition. Last year, leading Security Analyst Jeff Kessler had a favorable analysis on ADT's prospects. If ADT pulls the transition off, it certainly will not be an easy one.
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