Company and customer expansion demonstrates demand for automated Video Lifecycle Management
 TimeSight Systems™, the industry leader in Video Lifecycle Management (VLM), today announced that the award-winning staff of CRN/ Everything Channel’s expert B2B/ VAR editors have selected TimeSight Systems as a 2009 Emerging Vendor. The accolade is a result of CRN’s survey of “hot and upcoming vendors” and highlights TimeSight’s innovation in technology aimed at solving the problem of exploding costs of video surveillance storage.
TimeSight Systems is a pioneer in storage management for the exploding video surveillance industry. The video surveillance recorder/storage market is expected to surpass $7B by 2013, according to industry analyst firm Frost & Sullivan. The market is being driven by increasing deployments of surveillance cameras, ever-increasing resolution, and the demand for longer retention times for video data. The result is a growing storage market that is outpacing most customers’ ability to fund the storage requirements to capture and retain this high-resolution digital video data.
TimeSight’s unique video management system technology offers a platform to support large numbers of cameras while allowing the highest resolution cameras to capture high-definition images, and stores those images at a fraction of the cost of other approaches for extended periods of time.
“The recognition by CRN/Everything Channel that TimeSight is solving a critical problem as the video surveillance industry transitions from analog to high-resolution digital cameras is right in line with the demand we’re seeing for our products,” said Charles Foley, chairman and CEO, TimeSight Systems. “Any business that has a vested interest in protecting itself against crime or legal claims or wants to ensure compliance can benefit from VLM. This innovative technology literally shrinks video surveillance files over time as the video becomes older and less valuable, as time mitigates the customer’s risk. The result is the ability to have higher resolution video for longer retention times while actually reducing both infrastructure and operational costs.”
In April 2009, TimeSight won the prestigious New Product Showcase “Best Video Device” award for its intelligent video recorders at ISC West held in the Las Vegas Sands Expo and Convention Center. TimeSight has also expanded both its international and U.S. presence and recently announced the opening of its EMEA operations. The combination of its award-winning, patented IP, growing list of partners and seasoned leadership team, provides TimeSight Systems with a powerful foundation for continued growth in becoming the solution of choice for making high resolution and longer retention of video surveillance data effective and affordable.
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