New Products with the Most Significant Cost Drops

By: John Honovich, Published on Sep 15, 2009

While "groundbreaking" technology is exciting to examine, significant cost changes usually have a more immediate impact on industries. The 3 newly products that have the most significant cost drops are:

  • ioimage's $990 USD smart camera: This effectively lowers the least expensive ioimage smart camera by 50%, down from nearly $2000 USD. This may motivate more users to try video analytics. Moreover, because of ioimage's relatively large size in the market, this will put pressure on other video analytic vendors to lower their prices. This does not address perform concerns and price may not be the top issue but such a significant decrease in the price of smart cameras from a large vendor has the potential to make an impact. Read our review of ioimage's $990 USD smart camera.
  • Proximex's PSIM Appliance: Up until now, all of the PSIM vendors have been going after 'whales' - very large deals with customized setups and high costs. Proximex's C100 has the potential to open up the market. Furthermore, the other PSIM vendors will watch this closely and if Proximex's appliance gains traction, expect more to jump in.
  • Vumii's LED night vision system: Vumii is best known for its long distance laser systems that provide thousands of meters of PTZ coverage. Their original system, Discoverii cost $50,000 USD to $200,000 USD and found use in very high end deployments. Now, Vumii has announced a short range, significantly lower cost system called Claritti [link no longer available] that starts at $20,000 USD MSRP for a 400 meter range system. At that price point, this becomes quite competitive with thermal cameras that are routinely used at ports, military bases, critical infrastructure, etc.
Factors to consider: The Proximex appliance is scheduled for release at the end of 2009. The ioimage camera is scheduled for release in February 2010.
 
[Update: None of these products have had a significant impact. Ironically, all of these manaufacturer had been acquired in the few years since.]
Comments : Members only. Login. or Join.

Related Reports

2020 Camera Book Released on Jan 10, 2020
This is the best, most comprehensive security camera training in the world, based on our unprecedented testing. Now, all IPVM PRO Members can get...
Exacq Raises VMS Software Pricing Twice in Less Than a Year on Feb 18, 2019
Most VMSes regularly release new features, but rarely increase their prices. For the 3rd time in 4 years, and 2nd time in 8 months, since being...
Milestone Machine Learning Camera Auto-Setting Examined on Mar 13, 2019
Milestone wants to improve image quality using Machine Learning to solve the problem of "a camera doesn't know what it is being used for",...
BCDVideo Expansion And Switch From HP To Dell Examined on Mar 11, 2019
BCDVideo says they have more than tripled revenue in the past 5 years and are continuing to grow, powered most recently by switching their lead...
Spring 2019 50+ New Products Directory on Apr 08, 2019
We are compiling a list of new products for Spring 2019 and have over 50 already. Contrast to Fall 2018 New Products Directory and Spring 2018...
Verkada Gets Half Billion Dollar Valuation on Apr 26, 2019
Last week, when we profiled Verkada (The Fastest Growing Video Surveillance Sales Organization Ever - Verkada), we predicted they would raise $40...
Verkada False Allegations Against Avigilon Exposed on May 08, 2019
Verkada has leveled false allegations against Avigilon, as part of their aggressive marketing tactics against the 'dinosaurs' in the 'ancient'...
Manufacturer Favorability Guide 2019 on Jun 12, 2019
The 259 page PDF guide may be downloaded inside by all IPVM members. It includes our manufacturer favorability rankings and individual...
Giant Tyco Campaigns Against Startup Qumulex on Jul 25, 2019
One is a giant conglomerate that owns the world's largest security integrator. The other has no shipping products. But Tyco is campaigning...
Fujifilm Expanding Into Video Surveillance on Jul 26, 2019
While Sony continues to fade out of the video surveillance market and Canon continues to make huge investments into acquiring video surveillance...

Most Recent Industry Reports

Hazardous & Explosion Proof Access Control Tutorial on Feb 27, 2020
Controlling access to hazardous environments requires equipment meeting specific ratings that certify they will not start fires or will not...
Motorola / Avigilon Drops ISC West on Feb 26, 2020
Motorola Solutions has pulled out of ISC West 2020 effective immediately, because of coronavirus concerns, IPVM has learned. This is done amidst...
Cancel or Not? Industry Split Over ISC West on Feb 26, 2020
The industry is split, polarized, over whether ISC West 2020 should run or be canceled. New IPVM survey results of 400+ respondents show heated...
Coronavirus Hits Sony, Bosch Says Switch on Feb 26, 2020
Sony's fall in video surveillance has been severe over the past decade. Now, they may be done. In this note, we examine Bosch's new...
Video Surveillance Cameras 101 on Feb 25, 2020
Cameras come in many shapes, sizes and specifications. This 101 examines the basics of cameras and features used in 2020. In this report, we...
Favorite Video Analytic Manufacturers 2020 on Feb 25, 2020
Video analytics is now as hot as ever, driven by the excitement of advancing deep learning offers. But what are actually integrator's...
Latest London Police Facial Recognition Suffers Serious Issues on Feb 24, 2020
On February 20, IPVM visited another live face rec deployment by London police, but this time the system was thwarted by technical problems and...
Masks Cause Major Facial Recognition Problems on Feb 24, 2020
Coronavirus is spurring an increase in the use of medical masks, which new IPVM test results show cause major problems for facial recognition...
Every VMS Will Become a VSaaS on Feb 21, 2020
VMS is ending. Soon every VMS will be a VSaaS. Competitive dynamics will be redrawn. What does this mean? VMS Historically...
Video Surveillance 101 Course - Last Chance on Feb 20, 2020
This is the last chance to join IPVM's first Video Surveillance 101 course, designed to help those new to the industry to quickly understand the...