More Middle East CCTV upgrades reports IDIS

The continuing modernisation of Middle East banking is leading to increased video upgrade opportunities for systems integrators, in the region’s finance sector and beyond, according to the latest market-focus eBook from IDIS.

Investments in corporate infrastructure, including security, are being driven by several factors says IDIS, whose Korean-made end-to-end technology has already been used for a number of large-scale banking CCTV upgrades, as well as for smaller, specialist financial sector applications.

The company’s latest guide explains the context of structural change in the sector and highlights success factors for security companies and contractors bidding for new projects.

Retail and corporate banks have recognised the need to invest in digitisation and analytics, and to embrace the opportunities of fintech to remain competitive. They are also responding to wider changes, including diversification of the region’s economies away from oil, bringing with it the need to raise capital on global markets. At the same time, authorities have further tightened compliance, to counter cybersecurity risk, money laundering and fraud. For the sector’s risk-averse institutions, compliance with increasingly stringent national, regional, and global regulations is non-negotiable.

The resulting investments that are taking place in video surveillance are multi-year journeys, and institutions have shown themselves willing to commit significant time, manpower and resources to achieve the best long-term return on investment (ROI) says Dennis Choi, General Manager, IDIS Middle East & Africa.

“Video has been recognised as one of the key risk reduction measures and systems integrators and consultants who can deliver best-fit solutions, with the most proven technologies, stand to win major, ongoing contracts,” he said.

Explaining sector requirements in detail, the IDIS eBook points out that while compliance differs between states, in most countries regulations now cover live streaming, retrieval of footage, system administration, and management and control of entire estates (including ATMs) from centralised monitoring environments. Banks are also looking to provide the distributed functionality that branch managers and security teams need for dealing with events locally.

Project success factors covered in the report include: providing smooth migration paths with uninterrupted monitoring and recording; reducing storage and bandwidth burdens; understanding the latest developments in multi-task VMS and AI-enabled analytics; ensuring redundancy, resilience and failover; satisfying sustainability and waste reduction concerns; and offering fairer pricing structures. Middle East banks are also increasingly looking for assurance that their video solution and VMS will allow integration of third-party tech, helping in the move away from siloed systems.

 

To read more exclusive features and latest news please see our Q4 issue here.

Media contact

Rebecca Morpeth Spayne,
Editor, Security Portfolio
Tel: +44 (0) 1622 823 922
Email: [email protected]

About Security Buyer

Security Buyer is the leading authority in global security content, delivering expert news, in-depth articles, exclusive interviews, and industry insights across print, digital, and event platforms. Published 10 times a year, the magazine is a trusted resource for professionals seeking updates and analysis on the latest developments in the security sector.

To submit an article, or for sponsorship opportunities, please contact our team below.

Rebecca Spayne picture 2025

Rebecca Spayne

Managing
EDITOR

Georgina Turner image

Georgina Turner

Sales
Manager

Afua Akoto image - Security Buyer

Afua Akoto

Marketing Manager

Read the Latest Issue

Follow us on X

Follow us on X

Click Here

Follow us on LinkedIn

Follow us on LinkedIn

Click Here

Advertise here

Reach decision makers and amplify your marketing

Advertise here

Click Here

Related News

Gallagher

Gallagher Security cultivates key partnerships in Riyadh

Organised in partnership with the New Zealand Embassy, Gallagher Security hosted an event in Riyadh to explore business…
Logistics

AI-powered surveillance for logistics security

Logistics companies face immense pressure to optimise their operations, enhance security, reduce losses, and become…
Tecnosicurezza

Tecnosicurezza Launches AmpliSec

Tecnosicurezza has launched AmpliSec – its first connected high-security electronic locking system designed specifically for safes…
Axis Communications

Axis Communications sheds light on video surveillance industry

Axis Communications has published a new report that explores the state of AI in the global video surveillance industry.
Bhavin Sheth

Videonetics Appoints Bhavin Sheth

Videonetics announces the appointment of Mr. Bhavin Sheth as Senior Vice President – Engineering, based in Bangalore…
AI’s Digital Pollution

AI’s Digital Pollution

As AI continues to shape industries, responsible AI governance remains a pressing concern. Yolanda Hamblen and Pauline…
Verkada new product

Verkada introduces new dual-head camera

Verkada announced its new dual head camera and enhanced alerting capabilities on its Command platform, along with a wide…
ANPR

Genetec launches AutoVu plugin

Genetec announced the AutoVu ANPR Analysis Reports plugin, an advanced investigation tool that expands ANPR-based forensic…
DuoKey at GISEC

A Breakthrough in Fraud Detection at GISEC

DuoKey will unveil its groundbreaking use case for encrypted financial intelligence at GISEC Global in Dubai next week.

HKC announces new wireless fogging integration

HKC Security has launched the RF-FOG module, a wireless fogging integration designed to deliver…
Scroll to Top