CRN Network, August 19, 2010, 1100 hrs
Smart Guard Systems (SGS) has launched an IP surveillance solution targeted at the gems and jewelry industry in Surat, Gujarat. The solution, which consists of encoders that transform passive analog systems into proactive IP surveillance, helps users migrate from analogue-based systems to IP-based surveillance.
According to the company, IP surveillance offers superior image quality, scalability and flexibility, and established standards for IP network deployment that are much easier than analog. Users can also add new IP cameras as part of expansion; resulting in a hybrid system consisting of existing analogue cameras and new IP cameras. The hybrid system is sought after by the diamond industry, textile industry and SMEs, according to SGS.
Commenting on the solution, Gurudas Parwani, President, SGS, said, “The shift from analog to IP surveillance is the ideal solution for the gems and jewelry industry; both for security and business purposes. While enabling enhancing security and surveillance, this solution can also help reach out to potential clients or buyers based overseas. It can enable a thorough virtual tour of the premises, machinery and infrastructure. Potential clients can view the product range and diverse technologies and skills available. Further augmenting the investments already made in analog systems, SGS’s solution ensures that they are utilized properly. The economic and business benefits of reaching out through the IP based solution are enormous and this solution has generated immense interest in the Surat industry.”
Speaking on the surveillance market, Parwani said, “The Indian surveillance market is nascent and estimated at about Rs 800 cores. The IP surveillance market is currently at 10 percent of the total market but growing at a CAGR of 50 percent.
“It is estimated to reach over Rs 400 crore in the next five years. We have a strong R&D focus, in-house expertise, partnership with global technology leaders and deep appreciation of India’s surveillance and security scenario. We expect a year on year growth of 50 percent and are aiming at a 10-15 percent market share in the initial years,” he added. |