The Philadelphia based media giant Comcast Corporation (NASDAQ:CMCSA) sets to launch a new video surveillance system, as it seeks to utilize growing revenue streams.
Following reports, they announced this recently, as they intend to introduce a ‘cloud-based video surveillance system for small- to medium-sized businesses.’
The launch of the service is due to pressures from executives who are very keen about the high growth potential of the company’s broadband services and operations. At an investor’s conference the CEO Brian Roberts was reported to have said that the new business venture is looking at a running rate of $5.5 billion with higher returns than the cable. Hence making it, one of the fastest growing business Comcast has ventured into. He also expressed some tardiness in penetrating the market of both the small and medium businesses.
However, the new service, which is known as “SmartOffice” is said to be available across the media giant’s U.S. footprint, as the prices start from $29.95 per month. The Comcast SmartOffice includes “HD video surveillance cameras that are capable of 20x zoom, night vision, motion detection and wide views.”
Comcast’s launch of this captivating service is connected to its “smart” ventures and operations such as the trial venture, set to create industrial internet of things/loT networks, in both Philadelphia and Silicon Valley. Also its investment Xfinity Home after the getting the IoT operations of iControl, which is the company that powers Xfinity.
Christian Nascimento, executive director of premise services at Comcast expressed that the fast growing trend of building “Smart Cities” has led to an increase in connected devices all over the private and public sectors. Christian then added that Comcast SmartOffice service is able to provide video surveillance to organizations that are interested in closely monitoring their location as he stated
“This new-service aligns well with our high-capacity internet and Ethernet offerings and allow SMBs to use the cloud for easy access to, and sharing of, video footage.” This is said to be very beneficial to businesses in so many ways.
Moreover, companies can have access to live/recorded video streams through any device through SmartOffice, and also store about 1GB of recordings in the cloud. In addition, businesses have the option of keeping parts of videos for future references. Also those whose SmartOffice package, get their first camera free.