CHELMSFORD, Mass. — On average, an IP-based video surveillance system represents 13 percent lower cost than a corresponding analog system for midsized installations, according to a recent study by Axis Communications and Swedish research group Lusax.
Titled “Total Cost of Ownership of Analog and IP-based Video Surveillance,” the study is based on a survey of integrators, who were actively selling and installing both analog and IP-based systems. Each integrator was asked to provide a retail store with bids for both system types with 14, 25 and 40 cameras. In all three scenarios, the IP-based system returned a lower total cost than the analog system, according to the study.
A similar study conducted in 2007 showed that an IP-based surveillance system was more cost-efficient in installations, but only when the number of cameras exceeded 32.
“The market for IP security products has developed rapidly and is much more mature than only a few years ago,” says Professor Thomas Kalling, leader of Lusax. “Both integrators and installers have learned to benefit from using standard, off-the-shelf products for recording and storage, which has a positive effect on the total system cost.”
“We are continuing to see the increasing benefits that modern IP technology brings to its customers, including scalability, quality and total cost of ownership,” adds Fredrik Nilsson, general manager, Axis Communications. “As IP adoption grows, cost-effectiveness needs to grow as well. We expect to see this cost advantage increase in the future as IP innovation continues, especially with the rise of hosted solutions.”
Click here to view Axis Communications’ full report.