Optical Storage Technology Association

Project company Xsight Optics successfully participates in start-up competition – prize money finances relevant R&D project

Retrieved on: 
Monday, May 16, 2022

Xsight Optics, based in Jena (Germany), a project company of Xlife Sciences AG (SIX: XLS), has successfully participated in this year's StartUp competition get started 2gether organized by the Thuringia Research and Technology Association and the Thuringia Ministry of Economics: The company won funding for a relevant new research and development project, and was also awarded the audience prize.

Key Points: 
  • Xsight Optics, based in Jena (Germany), a project company of Xlife Sciences AG (SIX: XLS), has successfully participated in this year's StartUp competition get started 2gether organized by the Thuringia Research and Technology Association and the Thuringia Ministry of Economics: The company won funding for a relevant new research and development project, and was also awarded the audience prize.
  • Xsight Optics' vision is to expand human-centered, digital care.
  • The awarded prize money of EUR 80,000 will enable Xsight Optis to finance a corresponding R&D project with the Intelligent Systems Department of the Institute for Applied Building Research Weimar.
  • Oliver R. Baumann, CEO of Xlife Sciences, comments: We warmly congratulate CEO Maria Nisser and CSO Jan Sperrhake of our project company Xsight Optics for their doubly successful pitch at the renowned Thuringian StartUp funding award get started 2gether.

Worldwide Video Surveillance Storage Industry to 2027 - Impact of Disruptive Technologies on Video Surveillance Systems Presents Opportunities - ResearchAndMarkets.com

Retrieved on: 
Monday, December 6, 2021

The "Global Video Surveillance Storage Market (2021-2027) by Services, Storage Technologies, Storage Media, Organization Size, Deployment, Application, End User Industry and Geography, Competitive Analysis, Impact of Covid-19, Ansoff Analysis" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Global Video Surveillance Storage Market (2021-2027) by Services, Storage Technologies, Storage Media, Organization Size, Deployment, Application, End User Industry and Geography, Competitive Analysis, Impact of Covid-19, Ansoff Analysis" report has been added to ResearchAndMarkets.com's offering.
  • The Global Video Surveillance Storage Market is estimated to be USD 7.35 Bn in 2021 and is expected to reach USD 10.72 Bn by 2027, growing at a CAGR of 6.5%.
  • The increasing technological advancement and R&D activities for data storage facilities will also create significant revenue growth opportunities in the global video surveillance storage market in the coming period.
  • Moreover, a lack of awareness regarding the availability of storage systems and technologies and the increasing bandwidth cost are some of the challenging factors that would restrain the growth of the video surveillance storage market.