Skyhawk and Twenty20 Solutions have officially become a single entity. The former is best known as a provider of security and surveillance solutions, while the latter is best known for its computer vision technology.
Now that the two companies have merged, they will be able to offer more comprehensive security solutions to their customers. Skyhawk’s portfolio includes IP cameras in addition to remote video monitoring and access control services. Twenty20, meanwhile, offers face and object recognition, which will presumably be integrated with Skyhawk’s hardware to enable biometric identity verification and other surveillance applications.
In that regard, the two companies are planning to deliver a complete all-in-one security product. Customers will receive all of the necessary software and equipment, as well as ongoing monitoring and support services. Skyhawk and Twenty20 plan to pitch the solution to organizations in the agriculture, education, healthcare, and utility sectors.
“Our platform gives customers immediate insight into their operations for real-time detection and response,” said Twenty20 CEO Dan Vertachnik. “This merger allows clients to partner with one provider for a complete end-to-end smart security and automation solution for both their corporate offices and buildings, as well as their remote operations and facilities.”
“We now have additional tools to help customers protect their critical operations including powerful monitoring capabilities,” added Skyhawk Founder Brett Lofton. “Clients can choose to self-monitor their sites with alerts and real-time reporting or choose manned monitoring with Twenty20’s network monitoring center.”
The new company will be headquartered at the Twenty20 office in Irving, Texas. However, there will be additional branch offices in Houston and Midland, Texas, as well as in Baton Rouge, Louisiana and Bakersfield, California. Fortune Business Insights has predicted that the video surveillance market will reach $33.6 billion by 2026, while Allied Market Research expects the video analytics market to hit $24.34 billion by 2027.
August 11, 2021 – by Eric Weiss