They have a strong track record, works well (not a small achievement for analytics) plus they have extensive experience in edge storage (another important area that Avigilon lacks). They do not have any analytics of their own (specifically intrusion/tripwire) plus analytics are more important to larger enterprise accounts (with more cameras and more critical security concerns) and they are still poised to be a next big growth area (certainly with megapixel decelerating as the market becomes more saturated). Avigilon has acquired video analytics developer VideoIQ, just like we predicted.Īt the end of 2013, Avigilon raised $69 million 'for potential strategic acquisitions.' At that time, we observed:
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