New company sees room for even more DVR surveillance systems

Does the world needed yet another DVR company, especially considering the robust offerings available around the world from established players with both high-end and super-affordable solutions available?

Chinese firm Chendu Imaging Soft Company thinks so. The firm, which is a subsidiary of high-tech holding company Dragon Capital Group, announced this week that it will be launching a proprietary surveillance system based on DVRs that provide remote access. (Yes, the company specifically said that it is developing "proprietary" technology, even as much of the surveillance industry looks toward standards-based IP video initiatives from groups like PSIA and ONVIF or new formats like HDCCTV.)

According the Chendu Imaging, the system will use a DVR format and will have remote access to the DVR over the internet for viewing the video or making recording changes. The cameras-and-DVR system will also have motion based recording.

While the technology sounds like nothing new that hasn't already been in use globally for a decade, Dragon Capital Group's CEO Lawrence Wang said, "We are very excited about this potential market opportunity for Dragon Capital and are confident that we can derive substantial revenue from this endeavor."

Wang credits a growing demand for surveillance products in China as the reason behind the Chendu product launch, and says the firm will be "aggressively" marketing the system to schools, manufacturing facilities and other business types of users in China.