TimeSight Ceases Operations, For Sale

Author: John Honovich, Published on Aug 14, 2012

A few years ago, TimeSight burst on to the scenes with an NVR claiming to deliver massive storage savings up to 90%. Now, TimeSight is ceasing operations and putting itself up for sale. In this note, we examine what happened and what might become of TimeSight's technology.

Background

TimeSight says their goal is to "transition the technology to a new provider" and that they prefer to sell the technology and the product portfolio together.

Key drivers for this decision included 'long sales cycle', and a 'conservative market' for adoption of new technology, according to TimeSight.

Customer and Partner Support

For full details, see a TimeSight FAQ on support for customers and partners. This includes support from a new company formed by former TimeSight employees.

Our Analysis

While we held deep reservations about TimeSight's future for years, their technology has potential for existing VMS / recorder manufacturers. TimeSight has a method for systematically and periodically re-transcoding video to reduce video size for older video, which they call Video Lifecycle Management. As a feature, it has value and no direct competitive rivals (note: many VMS vendors prune frames but few, if any, re-transcode video).

Concerns do exist including:

  • Transcoding will reduce quality as it reduces storage size. The question is how much and how useable is the video. (Note: their transcoding can keep the resolution the same but lower the compression level - see example of compression level changes).
  • Increased computing load is required for transcoding. While TimeSight says that they have optimized the process and that the increase is incremental, the amount of load will be key.

Ultimately, TimeSight started late and while it had one notable competitive advantage, it was not enough to overcome the inertia and barriers to break into the admittedly conservative surveillance market.

Comments : PRO Members only. Login. or Join.

Related Reports on Failure

Fail: Dahua "Didn't Check The Lux Levels but It Was Dark" on Jul 20, 2018
Dahua UK has been promoting their camera quality on LinkedIn: I, and others, asked what the lux level of the scene was. (background: Lux Rating...
FST Fails on Jul 17, 2018
FST was one of the hottest startups of the decade, selected as the best new product at ISC West 2011 and backed with tens of millions in...
Four Major Outdoor Camera Install Problems on Jun 14, 2018
Over 140 integrators told us the top four camera installation mistakes that lead to unexpected problems and failures. Their comments often...
Stats: IP Camera Dead On Arrival (DOA) Decline, Near Zero on Jun 01, 2018
New IPVM integrator statistics show that IP camera DoA rates have declined with zero dead on arrival units for many integrators and effectively...
Stats: Upgrading Cameras Far More Common Than Replacing Failed Cameras on May 30, 2018
The old saying "If It Ain't Broke, Don't Fix It" does not apply here. New IPVM statistics show that 60% of cameras that are replaced still work but...
ADT Stock Drops 50% Since IPO on May 17, 2018
It has been a brutal 4 months for ADT. They first expected to IPO at ~$18. They IPOed at $14, dropping immediately to $12.39 And now, not even...
Arecont CEO And President Resign on Apr 18, 2018
This is good news for Arecont. Arecont's problems have been well known for years (e.g., most recently Worst Camera Manufacturers 2018 and starting...
Favorite Camera Manufacturers 2018 on Mar 12, 2018
A number of major moves in integrator's favorite camera rankings for 2018: Two manufacturers make major moves up One major manufacturer moves...
Top Video Surveillance Service Call Problems (Statistics) on Feb 28, 2018
In our most recent statistics series, over 150 integrators told IPVM the most common problem their customers have with their video systems....
Why 3VR Failed on Feb 16, 2018
3VR destroyed transformed ~$65 million in VC funding into a $6.9 million exit. The reason they failed is simple. They bet on analytics. They...

Most Recent Industry Reports

Chinese OEM Avycon Gets ADI Push on Aug 15, 2018
Who is Avycon? An American company? A Korean company? A couple of guys relabelling Chinese products? The latter is the best explanation. While...
Backboxes for Video Surveillance Tutorial on Aug 15, 2018
Backboxes are a necessity in surveillance, whether for managing cable whips, recessing cameras, adding wireless radios. But it can be confusing to...
Genetec Stratocast / Comcast 'Motion Insights' Examined on Aug 15, 2018
Comcast recently announced "SmartOffice Motion Insights", an extension to their Genetec OEMed cloud video service (covered by IPVM here). This...
SimpliSafe Violating California, Florida, and Texas Licensing Laws on Aug 14, 2018
IPVM has verified that DIY security system provider SimpliSafe, founded in 2006 and acquired in June of 2018 at a billion dollar valuation, is...
Ban of Dahua and Hikvision Is Now US Gov Law on Aug 13, 2018
The US President has signed the 2019 NDAA into law, banning the use of Dahua and Hikvision (and their OEMs) for the US government, for US...
Cut Milestone Licensing Costs 80% By Using Hikvision and Dahua NVRs (Tested) on Aug 13, 2018
Enterprise VMS licensing can be quite expensive, with $200 or more per channel common, meaning a 100 camera system can cost $20,000 in VMS...
Nortek Sues SDS, Battle Over Unpaid Bill and Cancelled Lines on Aug 13, 2018
Nortek and SDS legal battle continues. As IPVM reported, SDS sued Nortek alleging bribery and antitrust violation. However, Wave fired back at SDS,...
Uniview Intrusion Analytics and VMD Tested on Aug 13, 2018
IPVM's IP Camera Analytics Shootout featuring Avigilon, Axis, Bosch, Dahua, Hanwha, Hikvision created some ill will with a Uniview distributor who...
ADT Employees Protest ADT CEO on Aug 10, 2018
So many ADT employees were so upset with ADT's CEO speech reported on by IPVM, that ADT's CEO was forced to send a mass email to employees to...
Axis / Avigilon Legal Battle Rises on Aug 09, 2018
In what is shaping up to be high-powered, will-not-back-down battle, Axis and Avigilon are squaring off in multiple legal contests. In 2017, IPVM...

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