BAY SHORE, N.Y.—IPVideo Corp., a VMS and PSIM provider that is launching a new video surveillance “fusion center,” has received a $12 million investment from Westbury Partners, the company announced April 12.
VIENNA, Va.—VidSys, a provider of PSIM software, today announced that the city of Houston deployed its software to manage potential security threats during the NBA All-Star festivities held Feb. 14-17, according to a company statement.
The world market for PSIM software is estimated to have more than doubled between 2009 and 2011, but limited awareness tempered revenue projections for 2012 and continues to do so for 2013, according to a new report from IMS Research.
MINNEAPOLIS and MELVILLE, N.Y.—System Development Integration, a systems integrator specializing in airport security technologies, will install a Verint systems to deliver the first phase of the Minneapolis-Saint Paul International Airport’s integrated video and information systems network surveillance system, according to a joint statement.
RA'ANANA, Israel—NICE Systems was ranked the global leader in providing PSIM software solutions, according to a report from IMS Research. The report, titled “Physical Security Information Management World Report,” counts NICE as the leading supplier of PSIM software base
NAPERVILLE, Ill.—A new report prepared by market analysts at TechNavio says the global Physical Security Information Management (PSIM) market is expected to grow at a CAGR of 30.34 percent over the period 2011-2015.
MONTREAL—Saying that its Omnipresence 3D can do “more intelligent data aggregation” than other PSIM products on the market, Fortem recently announced that it has raised $1.43 million in additional funding.
WELLINGBOROUGH, U.K.—Although the global market for PSIM software is estimated to have more than doubled between 2009 and 2011, according to a report from IMS Research, figures remained below $100 million in 2011, with limited awareness identified as the greatest inhibit