VIAAS brings the simplicity, functionality, and TCO advantages of SaaS to video surveillance. With real-time streaming, intuitive archive access, automatic monitoring, and rich alert functionality, VIAAS delivers best-of-class functionality at a fraction of the cost and complexity of traditional systems. By exporting video analysis to the intelligent camera, VIAAS enables high-quality video monitoring over existing corporate and residential connections, while creating a platform for future analytics offerings on the same infrastructure.
Market Opportunity
Video monitoring hardware and software is a $10 billion market with an annual growth rate of 10% (Frost & Sullivan). IP video comprises 20% of the overall market with a year-over-year growth rate of 40%. VIAAS will capture market share in this segment and expand the available market.
DEMO Says
Third Iris makes video monitoring simple and affordable by moving video processing to the cloud, effectively delivering video as a service. The company adds smarts to video cameras such that they are virtually self-installing, and easily managed from a website. The event-triggered processing enables smart alerts to potential security breaches or concerns. Using a service and subscription model, Third Iris puts intelligent video monitoring within reach of small business and everyday consumer applications.