March Networks has acquired the FOCUS Business Analytics Platform from DoIT Software Sp.Z.o.o based in Gliwice, Poland. The transaction fast-tracks its transition to cloud video and gives March Networks 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.
March Networks completed the acquisition on October 1. 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 center for advanced data analytics and Artificial Intelligence (AI).
Searchlight is a highly flexible platform that combines high-definition video surveillance with various data sources including transactional data from point of sale systems, metadata from AI-enabled cameras and other forms of sensor-driven data to give organizations a complete view of their business. Using the platform, corporations can address security and fraud concerns, while also gaining insights into operational, compliance, and sales and marketing issues.
With the new FOCUS software integration, Searchlight will be further enhanced so all data lives in the cloud. A modern and 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. Multiple sources of data can be tied together, analyzed and visualized, giving customers a more comprehensive view of their business.
Today, 15,000 business locations worldwide use March Networks Searchlight, including multi-national retailers and financial institutions, major restaurant chains, as well as leading c-stores. Once the integration with Focus is complete, these customers will be able to upgrade to the new cloud-based platform and take advantage of its scalability and flexibility.
March Networks is targeting to launch the next evolution of Searchlight integrated with the cloud-based FOCUS platform in Q1 2023. Existing March Networks hosted Searchlight customers will be able to gain access to the new platform on a trial basis, while still enjoying the same features and functions that exist today.