Identiv Launches 3VR Prime, Industry’s First Complete Video Management Hardware and Software System as a Service Solution

Rhea-AI Summary

Identiv announces the launch of 3VR Prime, a revolutionary video management system as a service (VMS) designed to eliminate upfront costs for users. This comprehensive system is scalable and adaptable, catering to businesses of all sizes. Notably, Identiv promises to replace any unrepairable or obsolete hardware at no additional charge, ensuring reliability and security. The software-as-a-service model allows existing server use, with all updates included. CEO Steven Humphreys emphasized the solution's convenience during economic uncertainty, making it suitable for both large corporations and small businesses.

Positive

• Launch of 3VR Prime provides a no-upfront-cost solution for video management systems.
• Elimination of hardware obsolescence with free replacements for unrepairable devices.
• Scalable and adaptable system for businesses of all sizes.

Negative

• None.

FREMONT, Calif., July 14, 2020 (GLOBE NEWSWIRE) -- Identiv, Inc. (NASDAQ: INVE) today announced the launch of 3VR Prime, the industry’s most comprehensive video management hardware and software system as a service. 3VR Prime is designed to provide users with a no-upfront-cost, service-oriented, fully supported, 100% warrantied video management system (VMS) solution that delivers broader efficiencies to end-users seeking on-premises VMS solutions. 3VR Prime delivers an enterprise-class, scalable, intelligent VMS platform to customers of any size.

Identiv’s 3VR Prime eliminates the requirements for upfront expenditures by delivering VMS hardware and software as a service. If any 3VR hardware becomes unrepairable or obsolete, Identiv will replace it for free. Customers can also use their existing on-premises server hardware, creating a software-as-a-service experience while retaining their preferred on-premises system. All software and OS updates are also included with the subscription.

“Imagine if your VMS didn’t have an end-of-life,” said Mark Allen, Identiv GM, Premises. “3VR Prime is a video surveillance as-a-service solution that provides you with the hardware, software, support, and confidence that your system will always be up-to-date. Our VMS as-a-service solution evolves as your business and security needs evolve over time. With 3VR Prime, users are empowered to quickly and easily boost camera management, add more sites, or incorporate analytics at any time — our subscription model grows with your business.”

3VR implements stringent security, meaning no malware can be installed. As new OS patches become available, those patches are instantly at your IT teams’ fingertips. At the same time, security teams have access to all software updates during the life of any 3VR Prime system.

3VR Prime features all of the great benefits offered by an enterprise-grade VMS with none of the upfront cash outlay or ongoing maintenance hassles. Identiv’s 3VR VMS is the ultimate video management software with world-class forensic search, case management, and business intelligence. 3VR provides the tools to gather real-time intelligence from video, speed up searches, and easily develop and manage cases and investigations.

“As we enter times of economic uncertainty, 3VR Prime allows customers to adopt or sustain world-class video management while conserving cash and ensuring no subsequent cost surprises due to hardware obsolescence or software incompatibilities,” said Steven Humphreys, Identiv CEO. “Our goal is to provide cost and operational certainty for our customers so they can focus on the challenges and opportunities elsewhere in their business. 3VR Prime is suitable for large corporations, in which conventional video systems are a major use of capital, and small and medium businesses, which need strong security but also have to conserve cash in uncertain times.”

Identiv offers a full portfolio of 3VR video intelligence solutions paired with data analytics for the industry’s fastest and most easily managed surveillance searchability. 3VR provides a single platform for real-time security and customer insights, enabling organizations to protect employees, customers, and assets while improving customer experiences. To learn more, contact +1 888.809.8880 or sales@identiv.com.

About Identiv
Identiv, Inc. is a global provider of physical security and secure identification. Identiv’s products, software, systems, and services address the markets for physical and logical access control, video analytics, and a wide range of RFID-enabled applications. Customers in the government, enterprise, consumer, education, healthcare, banking, retail and transportation sectors rely on Identiv’s access and identification solutions. Identiv's mission is to secure the connected physical world: from perimeter to desktop access, and from the world of physical things to the Internet of Everything. Identiv is a publicly traded company and its common stock is listed on the NASDAQ Capital Market in the U.S. under the symbol “INVE.” For more information, visit identiv.com.

Identiv Media Contact:
media@identiv.com

 

FAQ

What is Identiv's new product 3VR Prime?

3VR Prime is a video management system as a service that eliminates upfront costs, offering a scalable and comprehensive solution for video management.

How does 3VR Prime benefit businesses financially?

3VR Prime allows businesses to conserve cash by removing upfront costs and ensuring no unexpected expenses due to hardware obsolescence.

Will Identiv replace obsolete hardware with 3VR Prime?

Yes, Identiv will replace any unrepairable or obsolete hardware for free as part of the 3VR Prime service.

Is 3VR Prime suitable for small businesses?

Yes, 3VR Prime is designed to cater to both large corporations and small businesses, focusing on security and cost efficiency.

What security features does 3VR Prime offer?

3VR Prime includes stringent security measures, preventing malware installation and providing immediate access to OS patches and software updates.