ALBANY, N.Y.—A new report from Transparency Market Research projects that the global PSIM market will grow from $823 million in 2015 to about $3.8 billion by 2024, at an 18.7 percent CAGR, with the North American segment commanding a large presence throughout.
ASHBURN, Va.—Edge360, a global integrator of security technologies, will lead the development, integration and worldwide rollout of a Physical Security Information Management (PSIM) system in support of the State Department’s worldwide upgrade as part of a recently awarded $73 million contract.
VIENNA, Va.—Software provider Vidsys on April 26 announced it closed an $11 million funding round, which Vidsys CEO James Chong told Security Systems News will be used for “global expansion and to provide the right level of customer support and engagement [for the Vidsys web-based platform.]”
YARMOUTH, Maine—Definitions matter when talking about PSIMs, said 48 percent of Security Systems News’ readers in the latest News Poll—it’s difficult to sell what isn’t understood, they said.
DELRAY BEACH, Fla.—Jim Henry of systems integrator Kratos PSS described "physical security information management"—PSIM—as a term that has confounded and bamboozled the security industry for 10 years.
TAMPA, Fla.—Rapid deployment of systems is a must to keep corporate customers happy, according to Graham Johnson, CEO of SureView Systems, a provider of command center and central station software
DELRAY BEACH, Fla.—Cybersecurity, working with IT and the rewards of working in the security industry were topics touched on during the “20 under 40” Integrators’ Perspective educational session at TechSec 2015, which took place here Feb. 3-4.
VIENNA, Va.—The new CEO of VidSys is not new to the company. James Chong, who on Jan. 26 was named CEO of the PSIM provider, founded VidSys in 2005 and has also served as CTO.
ASHBURN, Va.—Saying its customizable product sets it apart in the PSIM crowd, CNL Software announced Sept. 16 that it has opened its first North American office here, just outside Washington, D.C.
