Iveda and NetGain Systems Partner to Offer Observability-as-a-Service Capabilities to Cerebro Smart IoT Technology
May 02 2023 - 9:00AM
Business Wire
Integration will provide unmatched reliability,
efficiency, and security for smart city deployments around the
globe
Iveda® (NASDAQ:IVDA), the global solution for cloud-based AI
video and sensor technologies, today announced during WebSummit Rio
a new partnership with NetGain Systems, leading provider of network
and application performance management solutions, which will
effectively bring Observability-as-a-Service capabilities to
Iveda’s Cerebro Smart IoT Platform. Through this partnership––and
subsequent integration of NetGain’s technology into Iveda’s smart
city offering––cities worldwide will be afforded unmatched control
and management of their network infrastructure. As part of the
agreement, NetGain Systems will actively support Iveda smart city
projects in Asian and Australian markets, providing invaluable
market share support for Iveda’s AI and IoT products and
services.
Markets and Markets predicts the global smart city market to
reach upwards of $1024.4 billion by 2027, as the continued adoption
of advanced technologies propels the industry forward. As more
cities, communities, and organizations turn to IoT technologies,
visibility becomes pertinent to the overall success of truly smart
entities. Through this partnership, Iveda can offer cities and
organizations alike unparalleled Observability-as-a-Service
alongside increased reliability, efficiency, and security of
network infrastructure, leading to a better quality of life for
citizens overall.
“As cities around the world become more complex, the need for
innovative IoT solutions has never been greater –– nor has the need
for real-time insight into the goings-on of these networks,” said
David Ly, Iveda CEO and founder. “Through this partnership with
NetGain Systems, Iveda can further support a wide range of network
environments, from small businesses to large enterprises and
metropolitan areas worldwide. We’re eager to partner with NetGain
and offer our unique combination of smart city capabilities on a
global scale.”
Cerebro is a cloud, AI-based central management platform of all
Iveda IoT sensors, trackers, cameras, and utilities; the technology
is crucial to smart city offerings. The platform uses machine
learning algorithms to predict potential network issues before they
occur, providing real-time visibility into network performance and
allowing for quick identification and resolution of issues.
Reporting and analytics are completely customizable, enabling city
officials and leaders to make more data-driven decisions while
optimizing network infrastructure.
“I am thrilled by this strategic partnership with Iveda, and the
opportunity to expand NetGain's AI-driven observability
capabilities into the world of IoT and smart cities,” said James
Chia, CEO of NetGain Systems. “I look forward to leveraging our
combined strengths to provide our customers with reliability,
efficiency, and security for their smart city deployments.”
Iveda and NetGain Systems’ dynamic combination of technology has
the power to help cities proactively monitor and manage critical
systems––from traffic lights to public transportation networks––all
while preventing downtime and ensuring smooth operations. The
technology also actively enables cities to improve their
cybersecurity posture by detecting and mitigating potential threats
in real-time. For more information on Cerebro’s use cases, visit
https://iveda.com.
About Iveda Solutions®
Iveda (NASDAQ:IVDA) is the provider of global solutions for
cloud-based, video AI search and surveillance technologies that
protect the people, places, and things that matter the most.
Iveda’s technology has the power to provide instant intelligence to
existing infrastructure, enabling cities and organizations around
the world to seamlessly enter the fifth industrial revolution.
Iveda operates at the forefront of digital transformation of cities
across the world, using IoT platforms with smart sensors and
devices developed to aid with use cases surrounding public safety,
security, elderly care, energy efficiency, and environment
preservation. Headquartered in Mesa, Arizona, with a subsidiary in
Taiwan, Iveda is publicly traded under the ticker symbol
“IVDA”.
About NetGain Systems:
Founded in 2002, NetGain Systems is a pioneer in the IT
monitoring business, and continues to develop its business as it
evolves from IT monitoring to IT observability. It has established
local teams throughout the Asia Pacific Region, including
Australia, China and Singapore.
Regardless of location, type, size, or complexity, our solutions
give our customers the power to observe their IT infrastructure,
services, applications and devices with ease, all from a single
management dashboard, to achieve operational excellence with
reduced complexity and gain useful insights to improve business
outcomes. By understanding that every organization’s IT environment
is different, NetGain’s dynamic solutions are designed to be highly
adaptable, fitting the unique demands of your operating environment
and evolving with your growing organization. For more information,
please contact info@netgain-systems.com or visit
https://www.netgain-systems.com/.
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Olivia Civiletto Erwin olivia@dottedlinecomm.com
617.477.9857
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