March Networks acquires cloud-based data analytics platform
October 11, 2022 By SP&T Staff
Ottawa-based March Networks recently announced the acquisition of the FOCUS Business Analytics Platform from DoIT Software based in Poland.
According to March, the acquisition gives the company a new cloud-based data analytics platform that will be integrated into its existing Searchlight software, further extending its ability to deliver operational and business intelligence to its customers.
The majority of the DoIT Software staff will join the newly established March Networks Poland and the facility will serve as the company’s newly created development centre for advanced data analytics and Artificial Intelligence (AI).
The acquisition also fast-tracks March Networks’ transition to cloud-based video. With the new FOCUS software integration, Searchlight will be further enhanced so all data lives in the cloud. An intuitive user interface will also feature customizable reports and dashboards, allowing customers to configure a multitude of reports, establish key performance indicators (KPIs), monitor trends, and set targets for improvement.
“We are very excited to add the FOCUS platform to the March Networks product portfolio. This represents our first acquisition since being acquired by Delta in December,” said Peter Strom, president and CEO of March Networks, in a statement. “Our product strategy continues to centre on extending the value of video surveillance beyond security, and this new platform — with its ability to process large data sets from multiple sources — offers almost unlimited potential to gather new operational and business intelligence.”
Leszek Tomanek, CEO of DoIT Software, said the March Networks product vision aligns well with DoIT Software’s technical expertise.
“Our FOCUS software developers bring years of experience building scalable video and data analytics solutions. We’re excited to bring this knowledge and experience to March Networks, and further enhance an already well-established and successful product in Searchlight.”
March Networks completed the acquisition on Oct. 1.
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