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| (Top News, 21 Apr 2010 ) |
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In a historic new beginning, India’s first IP surveillance company Smart Guard Systems, a wholly owned subsidiary of eInfochips, India’s leading technology design services company, has launched its operations. At the same time, the company has released its cutting edge “Designed in & for India” IP surveillance products, a first for the Indian market. Smart Guard Systems is setting up India’s first facility in Ahmedabad to manufacture IP cameras, Digital Video Recorders (DVRs) and Encoders. The company will also roll out a complete range of advanced intelligent surveillance products in the country.
In contrast to the earlier generation of CCTV-based passive surveillance systems that merely record the video, Internet Protocol-based (IP-based) Surveillance systems provide anytime anywhere monitoring including from handheld devices. Coupled with intelligent video solutions these offer automatic alerts and enable real time responses. These systems also provide superior image quality, flexibility and are easy to expand with growing requirements.
Smart Guard System also has announced the launch of “Smart Surveillance Solution”, an innovative plug-n-play IP surveillance product developed especially for the Indian home market. The world’s first H.264 HD/Megapixel IP cameras with embedded video analytics targeted at institutional customers were also launched today.
“Smart Guard Systems is a pioneering endeavour. Due to the current security environment, economic development, rapid urbanization and changing lifestyles, security and surveillance market in India is witnessing robust growth. As in the telecommunications and many other sectors, we expect India to leapfrog in adopting surveillance technology. By 2013, the IP surveillance is expected to overtake analog systems in India. Smart Guard will drive the transformation of Indian surveillance market with a clear focus on harnessing cutting edge technologies to deliver innovative products and solutions to its customers,” said Pratul Shroff, CEO eInfochips and Chairman of the Board of Smart Guard Systems.
Gurudas Parwani, CEO, Smart Guard Systems, commented: “The Indian surveillance market is nascent and estimated at about Rs800 crores. The IP surveillance market is currently at 10 percent of the total market but growing at a CAGR of 50 percent. It is estimated to reach over Rs400 crore in the next five years. We have a strong R&D focus, in-house expertise, partnership with global technology leaders and deep appreciation of India’s surveillance and security scenario. We expect a year on year growth of 50 percent and are aiming at a 10-15 percent market share in the initial years.”
Smart Surveillance Solutions is an affordable and compact product for the Indian households. “With anytime anywhere viewing from distant locations, the Smart Surveillance Solution makes it simple for all of us to care for our families and assets. NRI sons and daughters can keep in view their aging parents or their unattended houses or working parents keep track of children as they come back from schools,” said Parwani.
Smart Guard Systems
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