VideoIQ announces strategic investment in SA market

November 2009 News & Events

VideoIQ Africa has announced its commitment and strategic investment in the South African marketplace. VideoIQ first announced its arrival in SA at IFSEC/Securex in Gauteng in July and today announces its strengthened position in the market.

The VIdeoIQ founders in the US have invested in VideoIQ Africa as equity partners in the business as they see a huge strategic opportunity locally. The company will be led by Andrew Page Wood from the IT industry along with Tinus Diedericks of Timeless Technologies. Tinus joins VideoIQ as a technical director of the business bringing his years of experience in the security technology marketplace in southern Africa. VideoIQ Africa will operate as the agency, training, sales and support hub in the region.

Page Wood, the founder of VideoIQ Africa remarks, “We went with VideoIQ because so many customers seem disappointed with the two big investments in security in SA; guards and CCTV and still struggle to protect people and property. VideoIQ is perfect for this market – as it addresses both. It is affordable, extremely scalable and just works to detect and stop crime. We also have the perfect partnership; Tinus with his local market knowledge and expertise, along with direct support and involvement from the US.”

“It is a no-brainer,” says Diedericks, “the market needs security products that work and take the pressure off guards, control rooms and customers networks, while at the same time being easy to sell, setup and install – that is why VideoIQ’s a winner.”

VideoIQ is the US-based inventor of the first plug-and-play intelligent CCTV surveillance system. This system builds all intelligence into the edge of the network inside cameras and encoder boxes. This means that network traffic is minimal while still giving high quality, high resolution video, making surveillance simple and secure with few false alarms. They key to the system is the sophisticated analytics algorithms originally developed by GE. Combining this with a Web architecture requiring no DVR/NVRs or servers, no software licensing and no specialist hardware sets the standard for the future of effective surveillance technology.





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