STOCK TITAN

ColoBarn Selects IvedaAI™ to Strengthen Data Center Security in Multiple US Regions

Rhea-AI Impact
(Neutral)
Rhea-AI Sentiment
(Positive)
Tags

Iveda (NASDAQ: IVDA), a leader in cloud-based AI, announces that ColoBarn, a colocation services provider in Arizona and Florida, has chosen IvedaAI™ to enhance the physical security of its data centers. This integration aims to bolster ColoBarn's security standards by utilizing AI analytics for intrusion detection, facial recognition, and license plate recognition, among others. The deployment of IvedaAI™ provides real-time alerts, improving access control for both ColoBarn's staff and end-users. The global data center colocation market is expected to grow from $57.2 billion in 2022 to $131.80 billion by 2030, emphasizing the need for advanced security solutions. This collaboration sets a new benchmark for security in colocation services, aligning with ColoBarn's mission to offer unparalleled service and security to its customers.

Iveda (NASDAQ: IVDA), un leader nell'AI basata su cloud, annuncia che ColoBarn, un fornitore di servizi di colocation in Arizona e Florida, ha scelto IvedaAI™ per migliorare la sicurezza fisica dei suoi data center. Questa integrazione mira a rafforzare gli standard di sicurezza di ColoBarn utilizzando analisi AI per il rilevamento delle intrusioni, il riconoscimento facciale e il riconoscimento delle targhe, tra gli altri. L'implementazione di IvedaAI™ fornisce avvisi in tempo reale, migliorando il controllo degli accessi sia per il personale di ColoBarn che per gli utenti finali. Si prevede che il mercato globale dei servizi di colocation per data center crescerà da 57,2 miliardi di dollari nel 2022 a 131,80 miliardi di dollari entro il 2030, sottolineando la necessità di soluzioni di sicurezza avanzate. Questa collaborazione stabilisce un nuovo standard per la sicurezza nei servizi di colocation, allineandosi con la missione di ColoBarn di offrire un servizio e una sicurezza senza pari ai suoi clienti.

Iveda (NASDAQ: IVDA), un líder en IA basada en la nube, anuncia que ColoBarn, un proveedor de servicios de colocation en Arizona y Florida, ha elegido IvedaAI™ para mejorar la seguridad física de sus centros de datos. Esta integración tiene como objetivo fortalecer los estándares de seguridad de ColoBarn utilizando análisis de IA para la detección de intrusiones, reconocimiento facial y reconocimiento de matrículas, entre otros. El despliegue de IvedaAI™ proporciona alertas en tiempo real, mejorando el control de acceso tanto para el personal de ColoBarn como para los usuarios finales. Se espera que el mercado global de colocation de centros de datos crezca de 57.2 mil millones de dólares en 2022 a 131.80 mil millones de dólares para 2030, lo que enfatiza la necesidad de soluciones de seguridad avanzadas. Esta colaboración establece un nuevo estándar de seguridad en los servicios de colocation, alineándose con la misión de ColoBarn de ofrecer un servicio y seguridad inigualables a sus clientes.

Iveda (NASDAQ: IVDA), 클라우드 기반 AI의 선두주자가, 아리조나와 플로리다에 위치한 콜로케이션 서비스 제공업체인 ColoBarn이 데이터 센터의 물리적 보안을 강화하기 위해 IvedaAI™를 선택했다고 발표했습니다. 이 통합은 침입 감지, 얼굴 인식, 차량 번호판 인식 등을 위한 AI 분석을 활용하여 ColoBarn의 보안 기준을 강화하는 것을 목표로 합니다. IvedaAI™의 배포는 실시간 경고를 제공하여 ColoBarn의 직원과 최종 사용자 모두의 출입 통제를 개선합니다. 글로벌 데이터 센터 콜로케이션 시장은 2022년 572억 달러에서 2030년까지 1,318억 달러로 성장할 것으로 예상되며, 이는 고급 보안 솔루션의 필요성을 강조합니다. 이 협력은 콜로케이션 서비스의 보안에 대한 새로운 기준을 설정하며, ColoBarn의 고객에게 비할 데 없는 서비스와 보안을 제공하겠다는 미션과 일치합니다.

Iveda (NASDAQ: IVDA), un leader en intelligence artificielle dans le cloud, annonce que ColoBarn, un fournisseur de services de colocation en Arizona et en Floride, a choisi IvedaAI™ pour améliorer la sécurité physique de ses centres de données. Cette intégration vise à renforcer les normes de sécurité de ColoBarn en utilisant des analyses IA pour la détection d'intrusions, la reconnaissance faciale et la reconnaissance de plaques d'immatriculation, entre autres. Le déploiement d'IvedaAI™ fournit des alertes en temps réel, améliorant le contrôle d'accès tant pour le personnel de ColoBarn que pour les utilisateurs finaux. On s'attend à ce que le marché mondial de la colocation de centres de données passe de 57,2 milliards de dollars en 2022 à 131,80 milliards de dollars d'ici 2030, soulignant le besoin de solutions de sécurité avancées. Cette collaboration établit une nouvelle référence en matière de sécurité dans les services de colocation, s'alignant sur la mission de ColoBarn d'offrir un service et une sécurité inégalés à ses clients.

Iveda (NASDAQ: IVDA), ein führendes Unternehmen im Bereich Cloud-gestützte KI, kündigt an, dass ColoBarn, ein Anbieter von Colocation-Diensten in Arizona und Florida, sich für IvedaAI™ entschieden hat, um die physische Sicherheit seiner Rechenzentren zu verbessern. Diese Integration zielt darauf ab, die Sicherheitsstandards von ColoBarn durch den Einsatz von KI-Analysen für Einbruchserkennung, Gesichtserkennung und Kennzeichenerkennung zu stärken. Die Implementierung von IvedaAI™ bietet Echtzeitwarnungen und verbessert die Zugangskontrolle sowohl für das Personal von ColoBarn als auch für die Endbenutzer. Der globale Markt für Colocation-Rechenzentren wird voraussichtlich von 57,2 Milliarden US-Dollar im Jahr 2022 auf 131,80 Milliarden US-Dollar bis 2030 wachsen, was die Notwendigkeit fortschrittlicher Sicherheitslösungen unterstreicht. Diese Zusammenarbeit setzt einen neuen Maßstab für die Sicherheit in Colocation-Diensten und steht im Einklang mit der Mission von ColoBarn, seinen Kunden unübertroffene Dienstleistung und Sicherheit zu bieten.

Positive
  • ColoBarn's integration of IvedaAI™ enhances its data center security with advanced AI analytics.
  • The global data center colocation market is projected to grow significantly, from $57.2 billion in 2022 to $131.80 billion by 2030.
Negative
  • None.

Insights

ColoBarn's adoption of IvedaAI™ for data center security is a strategic move in a rapidly growing market. The integration of AI-powered analytics for intrusion detection, facial recognition and license plate recognition significantly enhances real-time security measures. This upgrade addresses the increasing demand for robust security in colocation services, which is important as the market is projected to reach $131.80 billion by 2030.

The implementation of IvedaAI™ offers several key benefits:

  • Proactive threat response through real-time alerts
  • Enhanced access control for staff and end-users
  • Improved operational efficiency in security management

While this partnership showcases technological innovation, its immediate financial impact on Iveda (NASDAQ: IVDA) may be given the company's current market cap of about $4 million. However, it could serve as a valuable reference case for future sales in the expanding colocation market, potentially driving long-term growth for Iveda if they can secure more such deals.

The collaboration between Iveda and ColoBarn is noteworthy within the context of the booming data center colocation market. With a projected CAGR of 11% from 2022 to 2030, this sector presents significant opportunities for AI security providers like Iveda. This deal positions Iveda to capitalize on the growing demand for advanced security solutions in data centers.

Key market drivers include:

  • Increasing data generation and storage needs
  • Rising cybersecurity threats
  • Stringent regulatory compliance requirements

For investors, this partnership signals Iveda's ability to secure contracts in a high-growth market. However, it's important to note that Iveda's small market cap suggests it's still a minor player. The company's ability to scale and compete with larger security providers will be important for long-term success. Investors should monitor Iveda's future contract wins and revenue growth to assess its market penetration in this promising sector.

MESA, Ariz.--(BUSINESS WIRE)-- Iveda (NASDAQ: IVDA), the global leader in cloud-based AI, today announces that ColoBarn, a prominent provider of colocation services in Arizona and Florida, has selected Iveda's advanced AI technology to bolster the physical security of its data centers. This strategic integration reinforces ColoBarn's commitment to maintaining and elevating its industry-leading security standards. By deploying IvedaAI™, ColoBarn is applying multiple AI analytics to exterior cameras for comprehensive security management, including intrusion detection, facial recognition, license plate recognition, and more. IvedaAI is providing real-time alerts, enhancing access control for both ColoBarn’s staff and its end-users.

The global data center colocation market is on track to grow significantly, with estimates suggesting it will increase from $57.2 billion in 2022 to $131.80 billion by 2030. As the demand for secure, reliable colocation services continues to rise, innovative solutions like IvedaAI will be crucial in meeting evolving security needs.

ColoBarn is enhancing its ability to be proactive in responding to potential security threats, ultimately streamlining operations and ensuring a secure environment for critical data infrastructure. The collaboration between Iveda and ColoBarn sets a new benchmark for best-in-class security in colocation services, as both companies continue to lead the way in digital transformation and technological innovation.

"At ColoBarn, where data lives, security is our utmost priority," said Mathew Shryver, CEO of ColoBarn. "By integrating Iveda’s AI technology, we are taking proactive steps to not only protect our clients' valuable data but also to set a new standard in colocation security. Iveda's expertise and innovative solutions align perfectly with our mission to provide unparalleled service and security to our customers."

David Ly, Iveda's CEO and founder, adds, "Iveda has always trusted ColoBarn with our own data, and I want to personally commend ColoBarn for trusting IvedaAI, to enhance the security of their data centers. By selecting our AI technology, ColoBarn is showcasing its role as true innovators and industry leaders. We are excited to partner with ColoBarn in setting new standards for safety and security in colocation services."

To improve your security and operations with IvedaAI, contact us at sales@iveda.com.

About Iveda Solutions®

Iveda (NASDAQ: IVDA) provides global solutions for cloud-based video AI search and surveillance technologies that protect the people, places, and things that matter most. Iveda’s technology delivers instant intelligence to existing infrastructure, enabling cities and organizations worldwide to seamlessly enter the fifth industrial revolution. Iveda operates at the forefront of the digital transformation of cities across the globe, using IoT platforms with smart sensors and devices to support public safety, security, elderly care, energy efficiency, and environmental preservation. Headquartered in Mesa, Arizona, with a subsidiary in Taiwan, Iveda is publicly traded under the ticker symbol “IVDA.”

About ColoBarn

ColoBarn is a purpose-built Tier-3 carrier-neutral, stand-alone colocation data center providing mission-critical data center hosting and colocation services with the highest levels of security and support for diverse enterprise data infrastructures. With a focus on flexibility, ColoBarn allows clients to tailor their solutions to meet the needs of today, tomorrow, and the future. As a leader in high-quality hosting, ColoBarn offers high-speed connectivity combined with enterprise-grade security and performance, providing businesses with a stable and reliable foundation for their IT needs.

Olivia Civiletto Erwin

iveda@dottedlinecomm.com

Source: Iveda

FAQ

What technology has ColoBarn selected to improve its data center security?

ColoBarn has selected Iveda's advanced AI technology, IvedaAI™, to enhance its data center security.

In which regions is ColoBarn implementing IvedaAI™ for security?

ColoBarn is implementing IvedaAI™ in its data centers located in Arizona and Florida.

What are some features of IvedaAI™ used by ColoBarn?

IvedaAI™ features include intrusion detection, facial recognition, and license plate recognition.

What is the expected growth of the global data center colocation market?

The global data center colocation market is expected to grow from $57.2 billion in 2022 to $131.80 billion by 2030.

How does IvedaAI™ improve security for ColoBarn?

IvedaAI™ provides real-time alerts and enhances access control for ColoBarn's staff and end-users.

Iveda Solutions, Inc.

NASDAQ:IVDA

IVDA Rankings

IVDA Latest News

IVDA Stock Data

3.61M
2.26M
6.54%
3.34%
0.02%
Security & Protection Services
Services-prepackaged Software
Link
United States of America
MESA