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Frost & Sullivan Recognizes AxxonSoft Its Domination of the Russian Video Software Management Market


Frost & Sullivan Recognizes AxxonSoft Its Domination of the Russian Video Software Management Market

Based on its recent research on the video management software market, Frost & Sullivan presents AxxonSoft with the "2010 Russian Video Software Management Market Share Leadership Award". AxxonSoft provides unique solutions through the convergence of intelligent video surveillance, internet protocol (IP)-based physical security management and enterprise-wide platforms. It also integrates these with the existing IT infrastructure and legacy systems, including analogue cameras and physical security systems, saving time and money for clients. As a result, the company has emerged as the leader in the Russian video software management market; it is also one of the leading companies in the world market.

"Unlike its various smaller competitors, AxxonSoft creates real value for its clients through its deep technical know-how and advanced technology,” says Frost & Sullivan Research Analyst Matia Grossi. “This is proved by the strong position held by the company in the Russian video software management market, with a share of more than 60 per cent, while its competitors account for the remaining market share, with typical shares of 5 to 6 per cent each."

AxxonSoft’s Intellect Enterprise solution has built-in, event-driven automation capabilities. This means that it has the capability to recognise and respond to events on a real-time basis and, thus, enable rapid decision making. Through seamless integration of all physical security systems, such as video surveillance, access control systems, fire and security alarms, this solution provides the benefits of high security and increased operational efficiency at a competitive cost.

Superior product performances, based on AxxonSoft's superior technical know-how, enabled the company to withstand the effects of the economic slowdown in 2009. In fact, the company got to work on high-end governmental projects owing to its advanced products and technological prowess. It has also formed technological partnerships with renowned companies such as, IBM, Intel, Microsoft, Panasonic and Sony. AxxonSoft takes part in ONVIF international forum as a Contributing Member.

AxxonSoft’s technology and solutions are capable of offering seamless integration with different types of third-party hardware and software across different vertical and horizontal segments. The AxxonSoft Retail Suite, Traffic Control Suite, Banking Suite, Oil and Gas Suite, RailWay Suite and the Homeland Security Suite are examples of such solutions that cater to specific security needs of different verticals. From real-time face recognition to license plate recognition of vehicles having a speed up to 150 km per hour, AxxonSoft’s products offer a wide array of functional benefits.

AxxonSoft sells its products and services only through carefully selected partners (more than 1500 in number), which include resellers, distributors and integrators. The company ensures that its partners receive the best-in-class training along with full technical support and sales and services assistance. As a result, its partners possess a high level of technical as well as service capabilities. These factors make them very effective during interaction with clients, as they are able to analyse and understand their specific requirements and offer pertinent solutions and implementation and after-sales services to them.

"AxxonSoft’s IP-based solutions save money through utilising and integrating with the legacy IT infrastructure for both networking and storage purposes," sums up Grossi. "This, in addition to the enhanced functionalities of IP-based systems, has a significant cost advantage and creates real value for customers when compared to adding analogue cameras, as the latter would require additional DVR ports and, potentially, expensive additional cabling."

These factors put together have helped AxxonSoft garner a robust market share, making it the worthy recipient of the 2010 Frost & Sullivan Market Share Leadership Award in the Russian video software management market. Each year, Frost & Sullivan presents this award to a company that has demonstrated excellence in capturing the highest market share within its industry. The award recognizes the company's leadership position within the industry in terms of revenues or units, as specified.

Frost & Sullivan Best Practices Awards recognize companies in a variety of regional and global markets for demonstrating outstanding achievement and superior performance in areas such as leadership, technological innovation, customer service, and strategic product development. Industry analysts compare market participants and measure performance through in-depth interviews, analysis, and extensive secondary research in order to identify best practices in the industry.

About Frost & Sullivan

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