Videonetics, globally renowned visual computing platform development company, has announced that it has achieved No. 1 position as video management software provider in India with the dominant market share of 36.1%, according to a recently released report by IHS Markit.
Videonetics market share is more than the aggregate of total market share of 2nd to 4th ranked VMS providers, which is a huge achievement and a testimony of its undisputed leadership in the VMS segment.
VMS solutions provider
Videonetics is also the youngest and the only Indian VMS provider in the top 5 listing
Videonetics is also the youngest and the only Indian VMS provider in the top 5 listing. Recently, Videonetics was also ranked amongst top 5 VMS providers in Asia market with the market share of 5.4%. IHS Markit is globally renowned in critical information, analytics and expertise to forge solutions for the major industries and markets that drive economies worldwide.
Rankings are adjudged using a robust rating scale and evaluated based on percentage revenue growth, competitive advantage, size and innovation capabilities over the years. Commenting on the achievement, Dr. Tinku Acharya, Fellow IEEE, Founder & MD, Videonetics, “It is a prestigious honor to be recognized as an industry leader in VMS by IHS Markit. This recognition validates our drive for high performance, innovation, differentiation and scalability.”
Unified Video Computing Platform
“Building upon our award winning and patented AI & Deep Learning framework, we continue to achieve widespread adoption of our Unified Video Computing Platform (UVCP), in smart & safe cities, aviation, industrial, education, BFSI, retail, healthcare sectors”, he further added.
Mr. Avinash Trivedi, VP – Business Development, Videonetics expressed, “The findings of lHS Markit reaffirm our leadership position in the VMS market. We’ve always strived to bring more value to our partners, integrators and customers. I would like to dedicate this achievement to them for their continued support, commitment and excellent contribution to Videonetics growth”.
Videonetics Intelligent Video Management Software
Videonetics Intelligent Video Management Software (IVMS) is an open architecture, agnostic, scalable and modular video management and analytics software. IVMS provides enterprise-class features without discriminating on the size of the project and manages the video effectively, optimally and securely. IVMS offers flexible deployment environments to suit user’s preferences and needs.
IVMS is a part of Videonetics’ patented Unified Video Computing Platform (UVCP) which brings together other applications such as AI & Deep Learning based Video Analytics, Intelligent Traffic Management Applications and Face Recognition to address all of the video computing requirements. Built on open architecture, IVMS enables easy 3rd party integration with various sub systems such as access control, fire alarm systems, SCADA, Intrusion Detection, ICCC, C4I and IBMS systems.