Singapore, August 2023 - Blu5 Group is pleased to announce a new strategic partnership with D-RON - a leading value-added distributor of video solutions in APAC.
Blu5 is renowned for its Zero Trust Networking solutions, providing connectivity virtualisation and network isolation to the video market. By combining their expertise with D-RON’s extensive reach and experience in the distribution of video systems, the partnership is set to deliver an innovative solution to customers to solve the main pain point such as operational efficiency, cost, bandwidth and security.
Research estimate that the global Video surveillance Market size, valued at USD 44.10 billion in 2021, will grow from USD 48.20 billion in 2022 to USD 98.18 billion by 2030, at a compound annual growth rate (CAGR) of 9.3% between 2023 and 2030.
The global video surveillance market is set for notable expansion due to increased security needs and technological advancements. The Asia-Pacific region, mainly China and India, will likely witness significant growth due to the rising adoption of video surveillance systems across sectors. However, growing device numbers and network traffic often cause performance and security concerns, emphasising the need for a comprehensive solution addressing network segmentation, data segregation, adaptability and security. Traditional methods fall short in terms of bandwidth, reliability, bidirectional protocols, and Quality of Service (QoS). Private networking is costly and demanding, adding financial pressure. Devices used in the surveillance market are very often reliant on legacy systems with inherent vulnerabilities leading to potential back doors. The expenses of acquisition, maintenance, and specialised expertise compound the challenges in video surveillance networks.
"This partnership signifies a pivotal moment in the world of cyber security and video systems integration," said Mr. Melvern Chia, Executive Director of Blu5. "As digital landscapes continue to evolve, our collaborative efforts will not only enhance protection against cyber threats and inherent system vulnerabilities the but also ensure that organisations can embrace technological advancements boosting economic, operational and energy sustainability".
D-RON track record of providing top-tier video surveillance solutions to a diverse range of clients aligns seamlessly with Blu5 commitment to providing Zero Trust networking solutions to digital ecosystems. Through customer engagement and knowledge sharing, the partnership aims to fortify its presence in the video market in APAC.
"We are excited to embark on this partnership with Blu5", said Ronnie Hun, Chief Executive Officer of D-RON. "Our shared vision of a secure digital future will empower our clients to navigate the challenges of a rapidly evolving threat landscape and leverage the full potential of video systems technology."
Blu5 Group is at the forefront of providing innovative solutions that help organisations optimise their use of IT resources and build cyber resilience. Blu5 approach to networking and security is transformational, with a focus on efficiency, virtualisation, and agility in a pure Zero Trust model. With extensive experience working with Industry and Government clients, Blu5 has expertise in key domains such as Finance and Banking, IIoT/IoT, Healthcare, Retail, Military, and Space.
Headquartered in Singapore, D-Ron provides the most comprehensive range of scalable surveillance solutions, from video surveillance systems, video management systems, video intelligence, access control, and vital IT network support, fortified by extensive industry experience and exceptional technical expertise.
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21 July 2022