March 2016 – Cathexis Technologies, one of the leading IP Video Management Software Developers in the global security industry, is continuing its expansion into African markets, through various strategic appointments at its subsidiary, Cathexis Africa (Pty) Ltd.
Cathexis offers Video Management System (VMS) / IP Video Management Software and video security solutions to satisfy all surveillance requirements. Sophisticated features and integrations that empower security systems across a wide variety of market sectors.
The global retail sector is estimated to have achieved revenues of US$ 22.6 trillion in 2015 and should continue to rise to US$ 28 trillion by 2019, according to Research and Markets. Representing 31% of the world’s GDP, the retail sector employs billions of people throughout the globe. The effective management and safeguarding of this industry is therefore essential.
There is no shortage of video analytics solutions on the market today, from very expensive, cutting-edge technology that almost perform miracles, to the cheap and nasty that are bought so that people can say they have analytics installed. We are also witnessing a divide between analytical applications that are run on a central server (or servers) versus newer apps that run on the camera (on the edge).