VideoIQ Funding, CEO Change and Progress Examined

Author: John Honovich, Published on Sep 12, 2011

In September 2011, VideoIQ had two major events: raising $7.5 Million USD in new funding and hiring a new CEO just a few months after announcing very high sales growth. This in contrast to yet another dim year for the analytics market scarred by ObjectVideo's international legal campaign, Cernium's layoffs and Keeneo's meager acquisition.

In this note, we examine where VideoIQ stands today, what impact the funding and CEO change might bring and long term challenges that VideoIQ may face.

***'* ***** **** * ****** ** ****'* *** **** *******:

  • *** $*.* ******* ***** ** ***** ******* ***** ****** * but **** ** *** *** ******* ***** *** *** ******* (review *********** * **** ****, **** *** ****). **** ******* *** ***** *** ******* *** **** ** GE *** **** **** *** ** *** ****** ** *** past ******.
  • ******* ******** **** ******* ******* ** ~$** ******* *** *** growing *******.
  • ****** ****** * ********** ** *** ******** **********/**** ****** ****** *** no ******** ******** ********/************ **********. ** *********** *******, ** *** *** **** *** ******** *** **** ** power ********** ************. ** *** ******* ****** ****, * ***** ***** ** left, *** ******* ***'**.

******** ** *** ***** ********* ******, ******* ** ** **** good *****:

  • *** *******'* *******, ***** ****** ** ****** ************ *********, ** exceptional *** ***** ******** *************. ** **********, **** ******** ********* are ** *** $* ******* ** $* ******* *****. ** believe ******* ** ************* ****** **** ****** *** ***** ********* providers (**** ***** ********** *** *********** ** ******* ********* *** pricing).
  • ******* *** ****** ** **** **** ** **** ************ ************ and ** ********** ****** ** ***. ******** **** **** *** say **** *** *** *** ***** ********* ****** **** ** a **** **************. ********** ******* *** ** ******* *********** ** ***** ******** ****.
  • ******* ** *** **** ******** ***** ******** **** ** *********** integrators. ** ******* *** ******* ** ******* ******** ***** ** real ***** ********** ***, *** ****** ******* ***** ** ********* spend.
  • ***** *** *** ***** ********** ******** ********* **** *** ************ viable. ******* ***** ******* *** *** **** *******. ***** ** + *** ***** ******* *** ******* ******. ****** ****, **** analytics *** ****** **** ********* (*.*., **********) ** ****** **** poorly (*.*., **** ****, ***-***).

****** ****, ******* *** *** **** ******** ** ******* **** being ** ********** ****** ** * **** *****. ** ****** the ******* ** ******** ** ****.

*** ****** ******** ** **** ****. ** *** * ****** of ***** *** ********* *******:

  • ***** *******: ******* ********* ****** *** **** ** * ***** analytic *** ** * **** ****** **** (********) ****** * hard ***** ****** ***** ***** *******.
  • ****** *******: ******* ** *** ******** **** ******, *******'* ******* are ***** *** ***** ***** ********* ******** (********* ******* ** ***** ***** ****).
  • ***** *******: ******* ******************** ***** *** ****** ******* ** *** *** *****'* **** ****** ************ ******* * box ********.

**********, ***** ****** ************* **** ******* ****** *********** ******* *** smart ******* (****** ** ** ** ******** **** ** **** from *** ******* *************). *******, **** **** **** ******, ** VideoIQ's ******* ********* ************* ******* *** ****, ** *** * significant ****. *******'* ******** **** ****** ********* **** *** **** while ********* ******** ************** ** *** **** ******. ** ** not ******* ********* **** ****** ** ******* **** **** ** more **** * ***** ****** (****** ****** ** **-***** *******). **** *****, *** *** **** **** ******* * ********* competitive ***** ** ****** **** **** ****. ** **** ** interesting ****** ** *** ** ******* ********* **** *** **** system ***** ** ** **** ***** **** ** ********** ********* only.

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