SOURCE: TimeSight Systems

October 21, 2008 08:00 ET

Frost & Sullivan and TimeSight™ Systems to Unveil Solutions for Reducing Video Surveillance Storage Requirements for High Resolution Camera Deployments by 90%

At ISC East, Frost & Sullivan Analyst Dilip Sarangan to Discuss How Video Lifecycle Management (VLM) Can Make Deploying IP Megapixel Solutions Affordable

MT. LAUREL, NJ--(Marketwire - October 21, 2008) - TimeSight™ Systems, the industry leader in Video Lifecycle Management (VLM), and Frost & Sullivan today announced that Dilip Sarangan, research analyst with the Frost & Sullivan North America Security Practice, will be participating in TimeSight Systems' launch of next generation VLM software at ISC East, October 29-30 at the Jacob Javits Convention Center, New York, NY in booth # 1645. Sarangan will be on hand to answer questions regarding escalating costs of high-resolution digital video surveillance storage and provide copies of his recently authored white paper on VLM as a leading technology solution to help solve this looming cost issue.

TimeSight will demonstrate how their VLM solutions enable the 1) elimination of grainy video by using higher resolution technologies such as IP megapixel cameras, 2) closing video security gaps by capturing and storing 100% of video, vs. record on motion only, and 3) increasing security and compliance by lengthening retention time from days to weeks/months; all while reducing storage requirements by up to 90%.

"TimeSight Systems has strategically aligned its product development to immediately address issues that challenge overall megapixel adoption rates in the digital video surveillance industry," said Sarangan. "New technologies from innovators such as TimeSight Systems are needed to keep storage from being the economic inhibitor to the adoption of digital video surveillance as an effective and affordable security asset."

The research completed by Frost & Sullivan reveals that the overall U.S. market for digital video surveillance storage is expected to reach $2.95 billion by 2013. That represents over 40 million terabytes shipped in the next five years, in the U.S. alone. In addition, storage will represent up to 75 percent of the overall budget for an average high-resolution/high-retention video surveillance installation, with the variables depending on the number and type of cameras, frame rates and the duration of video retention needed.

"The ability for TimeSight Systems to remove the cost of storage as a barrier to the adoption of clear, actionable video that can be retained for long periods is as critical as ever as we enter tough economic times where cash is king and people need to lower spending," said Charles Foley, chairman and CEO, TimeSight Systems. "VLM changes the entire economic value proposition of using megapixel cameras by eliminating the barrier of storage costs, paving the way for higher resolution, comprehensive coverage and longer retention."

TimeSight Systems delivered the industry's first commercially available VLM solutions in 2007 to dramatically improve quality and quantity of valuable video data while reducing the storage footprint by 90 percent, all without sacrificing quality or deleting data. The company has continually and consistently achieved this goal by listening to specific customer input around video quality, quantity and of course the associated storage costs and applying VLM principals and solutions. TimeSight Systems' patent-pending technology delivers compression of video surveillance files over time, according to business rules. This approach allows users to embrace high-resolution digital-based video cameras without requiring massive storage capacities.

About TimeSight Systems

TimeSight Systems Inc. was formed in 2004 to address the requirement for innovative storage management in the video surveillance market. The company is staffed by industry executives with decades of systems, server, storage, software, networking, security, compliance and law enforcement experience to address the growing need for high-resolution, IP-based video surveillance systems. Applying proven principles and technologies from the demanding IT industry to the digital video surveillance market, TimeSight™ Systems has developed a platform to deliver today's required image clarity and retention times to support improved security and compliance at up to 90% less cost than existing technologies and approaches. The company's TimeSight™ architecture allows easy migration into the world of higher resolution cameras, video analytics, and IT convergence with minimal budget impact.

About Frost & Sullivan

Frost & Sullivan, the Growth Partnership Company, partners with clients to accelerate their growth. The company's TEAM Research, Growth Consulting and Growth Team Membership™ empower clients to create a growth-focused culture that generates, evaluates and implements effective growth strategies. Frost & Sullivan employs over 45 years of experience in partnering with Global 1000 companies, emerging businesses and the investment community from more than 30 offices on six continents. For more information about Frost & Sullivan's Growth Partnerships, visit http://www.frost.com.

Contact Information

  • For more information, contact:
    George Mele
    TimeSight Systems
    856.206.9739
    Email Contact

    Joanne Hogue
    LVA Communications
    410.658.8246
    Email Contact