IMS Research Study: ISS Has Second Largest Market Share of Latin America's Open Video Management Systems Vendors

WOODBRIDGE, N.J., Jan. 14, 2011 /PRNewswire/ -- Intelligent Security Systems (ISS), a leader in video management and image analytic software, announced today that the results of a recent IMS Research study shows the company as having the second largest market share of Latin America's Open Video Management Systems (VMS) vendors.  ISS currently has a significant share of that market, according to the "Latin America CCTV and Video Surveillance – 2010 Edition" report from IMS Research.  

Alastair Hayfield, Research Manager at IMS Research, said, "ISS continues to perform strongly in the South American market, despite the worldwide economic slowdown."

IMS Research has seen a continuous rise in the call for Open VMS solutions in Latin America, and around the world, and based on past patterns of growth, expects the demand to continue its upward surge.

ISS has its roots in space technology, which has led to the development of software with highly advanced algorithms.  This in turn makes possible a level of intelligence, flexibility and accuracy for video management and analytics that previously was only available for government and military applications.  In addition, another key advantage that ISS offers over other vendors is that the analytics are embedded into the software, so that even if the customer does not require this feature at the time, it can easily be switched on when it is needed.  This saves both money and time in the long run, as analytics is not a simple add on and dealing with a different vendor for that can be costly, time consuming, and disruptive.  

The "all-in-one" approach of ISS also means that they can offer a great variety of solutions, including Face Capture & Recognition, Traffic Monitoring, Transit & Cargo Container Recognition, License Plate Recognition, and Object Tracking, as well as dedicated solutions for POS (shrinkage detection) and ATM systems.

"We are very pleased with the results of this report," said Aluisio Figueiredo, Chief Operating Officer of ISS.  "Beyond the uniqueness of our solutions, we have always had a very hands on approach with our clients, and that is a crucial part of our success.  Throughout Latin America, our market has largely grown through word of mouth.  Our sales force continues to expand there, and we expect even greater growth in the coming years."

ISS offices in Brazil offer sales and technical support as well as training, while sales and technical support are also offered at their offices in Argentina, Chile, Colombia, and Ecuador.

About IMS Research:

IMS Research is a supplier of market research and consultancy services on a wide range of global electronics markets. The company is supported by headquarters in Wellingborough, UK and offices in Austin, Texas and Shanghai, China. IMS Research regularly publishes detailed research on video surveillance markets, among others. www.imsresearch.com

About Intelligent Security Systems (ISS)

ISS, headquartered in Woodbridge, NJ, and with offices worldwide, is a leader in video management and analytic software, and provides a comprehensive line of digital security and surveillance video solutions. With operations in 53 countries, ISS provides solutions for video security and surveillance systems, integrating a variety of distributed ISS and third party modules. Key components of ISS technology include video forensics and smart video subsystems, an enterprise framework with network capability, and an extensible and scalable architecture, with virtually unlimited customization and scripting capabilities. These components define a philosophy of proactive, on-demand security, and allows for centralized command and control of an entire enterprise security network.

Smart video subsystems include Face Capture & Recognition, Traffic Monitoring, Transit & Cargo Container Recognition, License Plate Recognition, and Object Tracking, as well as dedicated solutions for POS (shrinkage detection) and ATM systems. ISS has successfully deployed over 80,000 systems in command of over 1 million cameras worldwide. ISS vertical markets include Smart Facilities, Transportation (airports, railways and highways), Urban Surveillance, Retail, Banking & Finance, Critical Infrastructure, and Refineries & Energy Facilities, including Nuclear Power Stations. The development team has over 20 years of experience creating highly intelligent security solutions. For more information about ISS, please visit www.isscctv.com

SOURCE Intelligent Security Systems