Testing and Analysis - Free Premium Preview

Author: John Honovich, Published on Feb 12, 2010

This preview shows examples of the original, unique research that we provide for members of our video surveillance professional service. We designed this service for users and integrators. We charge low subscription fees to access hundreds of reports and refuse ads, sponsorships and consulting from manufacturers to maintain our independence (unlike trade magazines and most industry media/analysts).

Personal Quarterly $99.00 per quarter Sign Up Quarterly Personal
Personal Yearly $199.00 per year Sign Up Annual Personal
Group Yearly $499.00 per year Sign Up Yearly Group

Test Screencasts and Videos

Perhaps the most novel aspect of our service are the screencasts and videos of products we provide. In these screencasts, we critique and explain how various products work, including the potential problems you might face using them.

Below is the usability video from our test result of OnSSI's NetDVMS and Ocularis Client Lite.

In the same way, we provide screencasts for our IP camera test results. In the screencast below, we analyze the image quality of Panasonic's megapixel camera. Additionally, we provide the actual video samples taken. Download the 9 sample videos from the Panasonic megapixel camera (total - 110 MBs) so you can see for yourself.

Technology Analysis

Every week, we examine new technologies based on original research and inside information on products. Below is an example of how we tracked and compared new low cost thermal cameras from FLIR and Axis:

"Let's examine key elements and how FLIR and Axis match up:

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

  • Price: No advantage. Both companies are offering entry level products at the same price.
  • Form Factor Options: FLIR. FLIR has dozens of models across 5 series of network thermal cameras. Axis only supports one form factor.
  • Lens Options: While Axis plans to add 1-3 lens options for their fixed camera, FLIR has 4-5 lens options already for each of its series.
  • Resolution Support: FLIR. Axis only supports 160 x 120. FLIR supports that as well as 320 x 240 and 640 x 480.
  • PoE Support: Axis. Axis supports PoE. FLIR does not. This can provide important installation and cost benefits for outdoor installations.
  • Third Party VMS Support: Axis. While FLIR should make progress in 2010, Axis is the most broadly supported
  • Video Analytics Support: Axis. Analytics can be run inside the Axis thermal camera (though with noted processor limitations). Plus, with Axis's video broad 3rd party support, it will be easy for centralized analytic systems to analyze Axis's feeds.
  • Camera Upgrade: FLIR's fixed F series cameras can be upgraded by simply switching the camera cartridge. If a different size lens or different resolution is needed, the F series supports in-field switch out without changing the whole unit. Axis does not.

Competitive Strength and Weaknesses

The table below summarizes the key competitive strengths and weakness in comparing FLIR and Axis.

Feature Axis FLIR
Pricing Equal Equal
Form Factor FLIR Significant Advantage
Lens Options FLIR Significant Advantage
Resolution Options FLIR Significant Advantage
PoE Support Yes No
VMS Support Axis Advantage Weak
Video Analytics Support Axis Significant Advantage
Camera Upgrade No Yes

Market Statistics Analysis

We constantly find and analyze new market statistics being released. Most importantly, we put these announcements into perspective, providing a critical look at the meaning and the validity of the numbers being put forward.

"An extremely bullish but wildly misleading projection for the video analytics market has been made. V/B Research claims that video analytics will generate more than $1 Billion in 2012 revenue up from an estimated $556 Million in 2009. Of course, this analysis counts all revenue from products running video analytics - meaning a DVR with two channels of perimeter detection is counted for $5,000 or $7,000 rather than the $500 - $700 the analytics alone cost. Likewise, this would make a Pelco Sarix running ObjectVideo count for $1500 rather than the $300 premium the OV enabled Sarix camera has over the non-video analytic version.

The upside is that if you want a 3rd party to provide a big number justifying video analytics growth and size, now you have one from V/B Research.

On the other hand, there are some other obvious and important flaws in V/B analysis:

  • V/B claims that OV and ioimage believed that retail would be a big adopter despite ioimage not even having a retail video analytic solution. While OV does offer retail oriented analytics, OV has continuously been clear that security has and is their major market.
  • V/B cites Southwest Florida International Airport claiming a 5 month ROI on their video analytic systems as proof of 'real ROI'. However, this airport's use is a niche case involving wrong way exit monitoring. While this may be a solid application, it is incredibly narrow and only applicable where regulations apply to controlled movements in indoor areas. This shows nothing about the use in the more commonly desired outdoor perimeter scenario.
The one point we do agree with is that video analytic only providers have shifted into selling 'solutions' or bundles of cameras plus analytics or DVRs plus analytics. While this may be the best option for video analytic startups currently, it is a reflection of a failure to succeed at the primary and initial strategy rather than the ideal market approach. Video analytics manufacturers moving into the DVR or camera market now need to compete head to head against establish incumbents with only minor differentiation from their analytics."

Weekly Updates

Each week, we release 10 or more new updates covering new developments within the industry. These updates help you to stay informed and understand the significance of new developments.

Here's an example of our unique coverage of Vicon's recent financial results:

Over the last few years, CCTV pioneer Vicon has become a poster child for the trials and tribulations of incumbents moving into the new world. In the past few years, revenue has fallen by more than 30%. Now, Vicon's 2011 financial results are in and while revenue has stabilized, profitability plunged.

Let's start by teviewing Vicon's 2011 10K financial statement:

  • Total revenue is fairly stable dropping only 3% year over year from $48.6 M USD to $47.1 M USD.
  • However, operating losses surged from $1.9 M USD in 2010 to $9.5 M USD in 2011. That is an operating loss percentage of 20% - extremely bad.
  • Driving the losses was a steep fall in gross margins dropping from 42.1% in 2010 to 38.6% in 2011. A 3.5 point decrease in a year is troubling especially considering management acknowledged this being driven by increased competitive pressures.
  • Current assets dropped from $36.6 M USD in 2010 to $27.5 M USD. Cash and marketable securities almost decreased in half from ~$14 M USD to ~$7.6 M USD. These are bad indicators for company liquidity.
  • The stock price is down about 28% this year from $4.60 per share to $3.30 per share. Market capitalization is ~$14 Million or about 0.3 times revenue. This is extremely weak even relative to the modest valuations in the surveillance market.

The Video Surveillance Pro Service

If you have questions about what the Pro Service offers, leave a comment. If you are a current member, please leave your feedback or thoughts on the value of the service.

For those interested in joining, review our Video Surveillance Pro Service plans and pricing.

Personal Quarterly $99.00 per quarter Sign Up Quarterly Personal
Personal Yearly $199.00 per year Sign Up Annual Personal
Group Yearly $499.00 per year Sign Up Yearly Group


2 reports cite this report:

Readers Respond: 134 Votes, 25 Comments Examined on Feb 14, 2010
Over 100 people voted and more than 25 left detailed comments to our recent question/discussion. In this post, we review and respond to the...
The End of Integrators? on Feb 13, 2010
By the end of the decade, security and IT integrators are likely to be displaced and replaced by the forces of Internet services, commerce and...

Related Reports

NRF 2017 Exhibits Traffic Weak on Jun 28, 2017
The 'retail apocalypse' is not sparing the security industry. The Nation Retail Federation's Protect 2017's exhibit traffic is weak, notably worse...
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...
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...
Camera Course Summer 2017 on Jun 08, 2017
Learn video surveillance and get certified. IPVM provides live online classes, recorded videos, personal help, cutting edge education and...
Varifocal Vs Fixed Lens Statistics 2017 on May 04, 2017
Varifocal camera lenses provide more flexibility at installation time, but come at a higher cost. Fixed lens cameras reduce hardware costs, but can...
PureTech Video Analytics Examined on Apr 21, 2017
PureTech's analytics were chosen for a US border protection system (see related post), which the company claims no other analytics vendor was able...
US Border RVSS / Video Analytics System Examined on Apr 21, 2017
US Customs and Border Protection has been rolling out a video analytics-based detection system along the US/Mexico border, with detection ranges...
Best and Worst - ISC West 2017 Show Report on Apr 10, 2017
IPVM went to Las Vegas, examining what vendors are showcasing and what is new. Attendance was up, according to the show, and was certainly well...
Deep Science - Active Threat Cloud Monitoring Startup on Apr 03, 2017
Deep learning for $2 a day for a system that automatically detects guns and masks, alerting the police to robberies and threats? A US startup is...

Most Recent Industry Reports

Avigilon VP Communications Exits on Jun 27, 2017
In 2016, Avigilon hired an executive, Darren Seed to: build and maintain strategic relationships with the investment community and to...
Hikvision H.265+ Tested on Jun 27, 2017
Hikvision, which in the past few years released H.264+ (see test results) has now released H.265+, that claims even greater bandwidth savings. We...
Milestone / Canon Launch Cloud Startup Arcus Global on Jun 27, 2017
Milestone has spun off a business, Arcus Global, funded by their parent company Canon. The new company aims to transform the VSaaS market with an...
Biometrics Pros and Cons For Electronic Access Control on Jun 26, 2017
Biometrics has been long sought as an alternative to the security risks of cards, pins and passwords. While biometrics has improved somewhat over...
Manufacturer Sales People Are Very Important - Statistics on Jun 26, 2017
IPVM's new integrator statistics show what sales people say regularly: Sales people are very important. From 150 integrator...
No Personal Opinions About Work on Jun 26, 2017
One rising trend is the tendency for people to disclaim their statements on work related topics as their own 'opinions' or 'personal...
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...

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