Silvan Innovation Labs brings video analytics

BANGALORE, INDIA: Silvan Innovation Labs, a IP (Internet Protocol) video security and home automation product xompany, today unveiled new range of IP cameras and and home automation solutions.

Silvan has developed key technology components that will deliver Intelligent IP-based distributed video surveillance systems which will provide reliable, always-on surveillance even in the presence of unreliable infrastructure like power and network outages.  "The intelligence achieved through embedded analytics will be a key and significant differentiator for addressing the heightened and enhanced security requirements of the market,"Avinash K Gautam, VP, security and automation business.

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Avinash K Gautam, VP, security and automation business added on the occasion “We have a strong R&D team with skills in Hardware, Software and Systems. We will continue to build our R&D team in Bangalore but will set up Sales, marketing and Support teams in the NCR, Mumbai and Kolkata in the coming months. We will look at setting up an Office in the US at the appropriate time”.

Silvan has been developing key technology components for IP- based video surveillance and home automation systems, keeping in mind the Indian conditions and the needs of the Indian customer. The comany has also deployed installation of a IP based Video Surveillance System in several gas outlets of a large gas company in Delhi, a large factory  in Bangalore, and several retail outlets.

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Gautam said that the home automation has seen tremendous growth in India. Silvan started working on this business with their SMRUN product from April this year. The company is now executing large orders to install SMRUN systems in apartment complexes in Chennai, Delhi and Bangalore.

Dr. M. Giridhar Krishna, CEO said, “We are on track to achieve a turnover of Rs 2 Crores in 2010-11 and based on the products that we will be delivering to the market in the next quarter; our revenues are expected touch Rs 12 crores in 2011-12.  We are also looking at bringing in investment of the order of Rs 10 crores over the next year to grow our business.  And expect to achieve revenues of Rs 50 crores by the year 2014-15”.

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