ALBANY, N.Y.—A new report from Transparency Market Research projects that the global PSIM market will grow from $823 million in 2015 to about $3.8 billion by 2024, at an 18.7 percent CAGR, with the North American segment commanding a large presence throughout.
ASHBURN, Va.—Edge360, a global integrator of security technologies, will lead the development, integration and worldwide rollout of a Physical Security Information Management (PSIM) system in support of the State Department’s worldwide upgrade as part of a recently awarded $73 million contract.
VIENNA, Va.—Software provider Vidsys on April 26 announced it closed an $11 million funding round, which Vidsys CEO James Chong told Security Systems News will be used for “global expansion and to provide the right level of customer support and engagement [for the Vidsys web-based platform.]”
DELRAY BEACH, Fla.—Cybersecurity, working with IT and the rewards of working in the security industry were topics touched on during the “20 under 40” Integrators’ Perspective educational session at TechSec 2015, which took place here Feb. 3-4.