In today’s news round-up, our expert panel discusses the current limitations of cloud-based systems on the security market and how the situation will develop over the next five years.  Reflecting on the increasing number of innovative cameras with an open platform framework, Tom Cook, VP of Sales at Samsung Techwin US sheds light on the new era of camera apps which are changing the surveillance system design to meet specific needs.

In corporate news, Hikvision has announced revenues of $2.82 billion for the financial year 2014, highlighting its continued growth in overseas and domestic markets. In application news, Milestone Systems has collaborated with Copenhagen Zoo to broadcast the birth of a male rhino calf online using its open platform VMS. The broadcast attracted more than 35,000 views on YouTube and generated further media interest. Finally, NEXT Biometrics has received $100,000 from a new client to develop an undisclosed application within a new field. Read more security news…