Frost & Sullivan Presents Its 2005 Entrepreneurial Company Award to Aimetis Corporation
Frost & Sullivan recognizes Aimetis' numerous achievements in the global video surveillance software arena
Palo Alto, USA - 2005-08-24
Aimetis Corp. is the recipient of the 2005 Entrepreneurial Company Award bestowed by Frost & Sullivan in recognition of its numerous achievements in the global video surveillance software arena.
Every year, Frost & Sullivan presents the Entrepreneurial Company Award to a small company that has demonstrated superior entrepreneurial ability in its industry during the research period. The award signifies the company's identification of a unique and revolutionary product solution with significant market potential. Additionally, it certifies that the recipient's marketing strategy is sound and poised for success.
Started in 2000, Aimetis Corporation has made quantum leaps in the rapidly growing video surveillance software market by providing high-quality products and advanced features. Its flagship software product, AIRA v5, helps clients protect high-risk facilities with real-time feed and simultaneous video content analysis, irrespective of camera type.
"Currently, AIRA v5 is one of the very few video surveillance products that provides both a video management platform and advanced video analytics, offering significant efficiency and cost advantages with a single integrated solution," says Frost & Sullivan Senior Research Analyst Soumilya Banerjee. "Aimetis technology has positioned the company to be a leader in the emerging global market for video surveillance software."
AIRA v5 simultaneously records from analog as well as digital cameras, performing video content analysis of the captured images without requiring an external digital video recorder (DVR) for storage. It also gives remote access to live and recorded video. The product supports hybrid configurations of all camera types such as closed circuit television (CCTV), mega-pixel, and pan-tilt-zoom cameras and runs on MS Windows 2000, XP Professional, or Windows 2003. This flexibility enables users to slowly migrate from CCTV to IP cameras while maintaining a unified platform.
In an effort to make video analytics more scalable and affordable to the mass market, Aimetis, with the help of Texas Instruments Incorporated (TI) and Intel Corporation, provides analytics software embedded in hardware such as cameras and encoders. The company works with digital signal processing (DSP) chips such as the Texas Instrument DM642, which many camera manufacturers will adopt for analytics processing on the device itself.
Another strength for Aimetis is its distribution channel, as illustrated by recent partnership announcements. "Aimetis products are experiencing strong demand in Europe. To meet that demand, we have entered into strategic distribution agreements with some of the largest video products distributors on the continent," explains Aimetis CEO, Marc Holtenhoff. "As the market for intelligent video software grows, Aimetis and its partners are prepared to deliver leading solutions to meet their needs." Frost and Sullivan estimates that the video surveillance software market will expand at a compound annual growth rate of 25% over the next six years and reach $670.7 million annually by 2011.
Aimetis' clients range from the Federal Government to large corporate establishments that are deploying its systems. It has recently launched a partner program and entered into partnerships with a large number of security systems integrators, thereby strengthening its distribution reach. Through this program, the company is able to provide price discounts, sales and marketing support, technical training, and certification.
For such entrepreneurial vision and initiative, the company is the deserving recipient of the prestigious Frost & Sullivan Entrepreneurial Company Award.
Frost & Sullivan Award for Entrepreneurial Company (PDF)
About Frost & Sullivan
Frost & Sullivan, a global growth consulting company, has been partnering with clients to support the development of innovative strategies for more than 40 years. The company's industry expertise integrates growth consulting, growth partnership services, and corporate management training to identify and develop opportunities. Frost & Sullivan serves an extensive clientele that includes Global 1000 companies, emerging companies, and the investment community by providing comprehensive industry coverage that reflects a unique global perspective and combines ongoing analysis of markets, technologies, econometrics, and demographics. For more information, visit http://www.frost.com. Contact: Stacie Jones 210.247.2450 Stacie.firstname.lastname@example.org
About Aimetis (www.aimetis.com)
Aimetis Corp. is a Waterloo, Canada-based software company offering integrated intelligent video management solutions for security surveillance and business intelligence applications. Founded in 2003, the company is a global leader in intelligent video technology and is propelling the adoption of video analytics as an integral component of video management solutions. It’s unique in providing a single platform for easily migrating customers from simple analog systems to intelligent IP video systems; offering the highest levels of service and support; and providing the industry’s easiest to use products. Aimetis has distributors and certified partners in over 100 countries and serves a variety of industries, including retail, transportation and others.
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