Vidsys Expands Further into IoT with Release of Vidsys Enterprise 2017

Advanced Capabilities for Virtualized Services Functionality, Enterprise Data Visualization, and Enterprise Business Intelligence

VIENNA, VA ─ June 29, 2016  Today, Vidsys announced release of its latest Converged Security and Information Management (CSIM) software platform, Vidsys Enterprise 2017, with capabilities for large-scale, widely dispersed customers.  This new software release includes advanced features and expandable infrastructure purposely built for the Internet of Things (IoT) and can support customers with regional, national, and global foot prints where enhanced Enterprise Data Visualization and Business Intelligence are critical features for real-time and historic reporting.

Vidsys CSIM software platform extends capabilities beyond physical security by capturing and correlating data from multiple IT-security systems and information management systems. Customers can leverage the CSIM platform to support Smart City and IoT applications and a wide variety of use cases, including logistics management, manufacturing and supply-chain systems.

“The Vidsys Enterprise 2017 release represents a major milestone for the company as we continue to innovate and evolve our software beyond security to a virtualized services platform,” said James I. Chong, CEO of Vidsys. “Expanding IoT applications require enterprise organizations to manage data from a wide range of inputs. We are excited to continue our close partnership with our integrators and end-customers around the world who are extending our platform to deliver services of every kind, including Smart Security, Smart Transportation, Smart Buildings, and even Smart & Safe Cities.”

About Vidsys

Headquartered in Vienna, Virginia, USA, Vidsys provides transformational Physical Security Information Management (PSIM) and Converged Security and Information Management (CSIM) software platform that has been adopted by some of the world’s leading brands and technology partners within key verticals, including Transportation, Energy, Utility, Healthcare, and Government. Vidsys software has obtained highest levels of information security and assurance from both top-tier global corporations and the US federal government.

Vidsys is hardware, protocol, and device agnostic, and offers bi-directional, browser-based platform with industry-specific features and functions that allows sensors, devices, systems, subsystems, and services to be interconnected via open architecture APIs and SDKs.  The platform collects, correlates and converts vast amounts of data into meaningful and actionable information, based on the organization’s risk policy, standards and compliance requirements.  By leveraging mobile and web-based technology, the software can be rapidly deployed and provides real-time situational awareness and information management capabilities. For more info, please visit www.vidsys.com.

Time For Convergence – Why PSIM Is Evolving to CSIM

Read what Phil Stockman, our VP (EMEA), has to say about the evolution of PSIM to CSIM on the Intersec Blog.

Turning to Vidsys, a regular exhibitor at Intersec, the clear message is that the popular label of PSIM is simply no longer adequate to capture the full scope of today’s evolving integration platforms. Phil Stockham, Vice President (EMEA) at Vidsys, says that CSIM (Converged Security Information Management) is a much more appropriate label to reflect the capabilities of its browser-based and open architecture platform. This, Stockham explains, is highly scalable and can facilitate cloud-based solutions and the convergence of a common operating picture linking security systems, building management systems, and IT network management tools for asset owners across multiple stakeholder groups.

Read the full article here.

Samsung Affiliate S-1 Partners With Vidsys On New IoT Technology

This is an excerpt of our S-1 Partnership Announcement on SourceSecurity.com.

Vidsys, a global provider of enterprise Converged Security and Information Management (CSIM) software, has announced that it has signed a Strategic Collaboration and Distribution Agreement with S-1 Corporation (“S1”), a provider of security systems and integration.

S1, an affiliate of Samsung Group, is launching its new Security Innovation Center (SIC) at its Headquarters building in Seoul, Korea, leveraging the Vidsys CSIM Platform and Samsung’s security products along with other best-of-breed technologies.

Vertical Market Solutions

A key goal of the partnership includes delivering a proven and scalable solution set that addresses unique vertical market requirements such as for airports, smart buildings, smart cities, and others enterprise applications with converged security and information management solutions.

S1 sees tremendous market-growth opportunities working with Vidsys,” said Jong-Guk Kim, Executive Vice President of S-1 Corporation. “In addition to fulfilling our corporate mission of delivering mission-critical solutions for our customers, this agreement with Vidsys further expands our innovation strategy and S1 brand significantly.”

Read the full article here.

Vidsys Helps Secure NCAA Men’s Basketball Championships in Houston

VIENNA, VA – June 14, 2016 Vidsys, a global provider of enterprise Converged Security and Information Management (CSIM) software, announced today that the City of Houston, in conjunction with multiple public and private partner organizations, used the company’s CSIM software platform to help manage and secure this year’s NCAA Men’s Final Four event.

Vidsys software is a force multiplier for organizations with a large physical footprint because the software geospatially provides real-time information, including video data and many other assets, into a single unified dashboard.  Vidsys software collects, analyzes, verifies, resolves and tracks information from multiple disparate subsystems using open architecture standards that enable any authorized user from any location to view and manage situations, as they unfold.

Vidsys software enabled the City of Houston to share critical information and collaborate in real-time with multiple agencies, including the Houston Police Department (HPD), Houston Fire Department (HFD), Houston Emergency Center’s Office of Emergency Management and Real-time Crime Center, and other federal, state, and local agencies.  During the Final Four event, existing cameras and sensors from downtown Houston and around NRG Stadium were integrated and shared to help create overall situational awareness from various command and control centers, including Police and Fire unified commands.

“Large and special events like the NCAA Final Four pose daunting challenges, not just for security, but also for traffic management, public works, public safety and dignitary protection,” said Vidsys CEO, James Chong.  “While large events are a logistical challenge requiring the participation of hundreds and thousands of individuals from dozens of government and private entities, the lessons learned and the technology employed can provide long-term benefits for the community beyond the event.”

The City of Houston implemented Vidsys software through the Mayor’s Office of Public Safety and Homeland Security to be an integral part of the City’s ongoing public safety commitment.  The mission was to provide partner agencies with greater visibility across shared assets to enhance the overall safety of residents, visitors and first responders.  The integration of the city’s various devices, sensors, and subsystems, including flood sensors throughout the city, helps create a Smart City application that goes well beyond security and special events.

Founded in 2005, Vidsys helped create the market category of Physical Security Information Management (PSIM). Over the last ten years Vidsys has evolved its capabilities to include Converged Security and Information Management (CSIM), as well as developing new solutions that embrace Internet-of-Things (IoT) and making sense of big data to create smarter, safer cities.  The web-enabled platform, which brings people, process, and technology together using one software, has been used in numerous large-scale events around the world ranging from marathons and international sporting events, to global conferences and summits, key dignitary protection events and safe city initiatives.

About Vidsys

Headquartered in Vienna, Virginia, USA, Vidsys provides transformational Physical Security Information Management (PSIM) and Converged Security and Information Management (CSIM) software platform that has been adopted by some of the world’s leading brands and technology partners within key verticals, including Transportation, Energy, Utility, Healthcare, and Government. Vidsys software has obtained highest levels of information security and assurance from both top-tier global corporations and the US federal government.

Vidsys is hardware, protocol, and device agnostic, and offers bi-directional, browser-based platform with industry-specific features and functions that allows sensors, devices, systems, subsystems, and services to be interconnected via open architecture APIs and SDKs.  The platform collects, correlates and converts vast amounts of data into meaningful and actionable information, based on the organization’s risk policy, standards and compliance requirements.  By leveraging mobile and web-based technology, the software can be rapidly deployed and provides real-time situational awareness and information management capabilities. For more information, please visit www.vidsys.com.

Vidsys Nominated for Northern Virginia Tech Council Hot Ticket Awards

Vidsys is excited to announce that we have been nominated for the Northern Virginia Tech Council’s (NVTC) Hot Ticket Awards for 2016. NVTC is the largest technology council in the nation, serving 1,000 companies and organizations; including businesses from all sectors of the technology industry, service providers, universities, foreign embassies, non-profit organizations and government agencies.  The Hot Ticket Awards showcase the most innovative companies in the Greater Washington region’s tech community who have exhibited great vision as well as the ability to innovate, grow, and excel in their respective markets.

Taking place in June, the 2016 NVTC Hot Ticket Awards will combine the hottest companies and unbeatable networking with an exciting new element. For the first time, the awards will incorporate an online competition, with categories including Big Data and Analytics, Consumer and Enterprise, Cybersecurity and Safety, and Health IT and Wearables.

Vidsys was nominated in the Cybersecurity and Safety category for our innovative approach to physical security that has evolved to include the ability to address the needs of Information Technology and other market areas.  

While our PSIM solution has been used in a security context by Fortune 500 companies, municipalities, US and international governments, military agencies, and special events, it is increasingly being used to support business process needs such as in manufacturing, healthcare administration, property management, retail and many others.  Our platform’s ability to provide data correlation along with a visualization layer, makes our solution particularly well-suited to the explosive growth of IoT.  Our Converged Security and Information Management (CSIM) platform integrates data and events from cyber security, building management, utilities, supply chain management, social media and other IoT-based sensors. These capabilities position us in a new and more competitive technology area.

Voting opens June 6th and will stay open until June 9th. Click here to vote on The Washington Post!

We look forward to participating in this event and promoting the groundbreaking tech innovation happening in Northern Virginia and across the Washington region. 

 

Vidsys Collects 11M to Sort Through

This is an excerpt from Vidsys’ funding announcement on Global Corporate Venturing online. 

Data collection and analysis platform Vidsys, backed by IDG and Motorola Solutions in the past, has picked up $11m in new funding, taking its overall financing to almost $43m.

Read the full post here.

Vidsys Gets $11M

This is an excerpt from a recent article on Security Systems News.

Harmony has invested in 80 tech companies over its history, but this is its first investment in a physical security company. Mark Lotke, Harmony Partners managing partner, said his venture capital firm makes expansion stage investments. “We’re excited about growth and momentum.” As Vidsys, founded in 2005, has grown “its growth rate has accelerated—that’s rare,” Lotke said….

Vidsys’ customers include Fortune 50 companies, government entities, smart cities and utilities. It is used for NERC CIP compliance for its utility customers. It has also been used for special events, notably the October 2015 IMF World Bank Group annual meeting in Lima, Peru.

About half of the customers are based in North America. The customer base outside of North America—particularly in the Middle East and Asia—is growing at a faster rate, Chong said. Chong declined to divulge specific numbers but said “during the past year we’ve seen between 20- to 40 percent growth depending on the region and markets.”

The software’s integration with IoT devices is an important new capability, Chong said. Customers are using Vidsys to “automate or create efficiencies with products lines … to drive higher business efficiency or ROI.”

Read the full post here.

Vidsys raises $11 mln from investor group

Below is an excerpt of Vidsys’ funding announcement on The PE Hub Network.

Vidsys, which provides security software, raised $11 million from a group of investors. Participants in the funding included existing investors NewSpring Capital, Atlanta Equity, Flybridge Capital Partners and JVax Investment Group. New investor Harmony Partners also took part in the funding.

See the full post here.

Vienna-Based Vidsys Raises $11 Million in New Funding Round

This is an excerpt of our funding announcement in Potomac Tech Wire on April 26, 2016.

Vidsys, a Vienna-based developer of physical security information management software used at large events such as marathons and global summits, said on Tuesday it has raised $11 million in a new round of funding, co-led by previous backers NewSpring Capital, Atlanta Equity, Flybridge Capital Partners and JVax Investment Group. New investor Harmony Partners also took part in the round, which the company will use to support its growing international business with customer support operations and product development initiatives. The company also plans to expand its Internet of Things (IoT) and virtualized services platform apps for smart and future cities, intelligent transportation and advanced business intelligence tools. “With our software platform being deployed and expanded more rapidly across multiple markets and regions, this new investment will allow us to scale the business to align more fluidly with the growing base of our customers and their key initiatives,” said founder and CEO James Chong.