Tyco PSIM Proximex End of Life

Author: John Honovich, Published on Mar 06, 2017

The end of life for Tyco's PSIM Proximex is here, with no more product releases coming and 3 years of remaining support.

Inside this post, we share Tyco's statement, examine the ever struggling PSIM market and what is next for PSIM.

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Proximex ********

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Comments (7)

I'm sorry to hear this, but not surprised. (I worked at Proximex a few years ago.)

An accurate portrayal of what happened with the PSIM market

One has to wonder why Tyco bought them. Confidence in the future or were they just after the market share?

One has to wonder why Tyco bought them.

It depends on how much they paid. My guess is that they did not pay a lot. So you win some (Exacq - they won big) and you lose some (Proximex - they lost a little), etc.

PSIM is a siren-song for which many a young career has been wasted, in my opinion. I mean, in its purest form, it's a 2nd-derivative: your market is only those customers who already have installed the underlying systems at great expense. It is hard to convince them that this "layer" on top will fundamentally will be worth the additional cost.

Another fundamental problem with PSIM is that its definition is subjective. Technically, any VMS or PACS is a PSIM. Making a business essentially out of adding missing features to others' systems, is a risky strategy. Just ask hundreds of iPhone app companies.

Just ask hundreds of iPhone app companies.

Remember LexTech? They started out as an $899 iPhone video surveillance app, then they pivoted to becoming a PSIM. Twofer.

One thing that MAY make the PSIM market more robust is the requirement for integration of automation and sensors into a dashboard for personnel to see and manipulate signals. LED lighting should also have an effect, as will the desire to see and control anything else with an IP address. A large campus or multiple buildings add to the complexity of operations and maintenance, and add credence to use of a PSIM.

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