Rating: Jordan’s UBA invests in UK’s Jabbakam
Given that mobile web users are expected to exceed desktop internet users by 2015, a leading mobile social media applications geared to Arab consumers – UBA, is helping to make an existing web-based surveillance system more mobile-aware. To this end, Jordan’s UBA has acquired a 20 per stake in UK-based Jabbakam. This strategic investment is the first step in UBA’s plan to expand its business globally and cement its position within the emerging Middle East market.
The surveillance market is growing rapidly in Saudi Arabia, UAE, and Qatar which are the three major Middle Eastern markets where video surveillance equipment is actively deployed.
The Jabbakam system already had a smartphone element but this will help to enable the users to have complete control of their online accounts from their smartphones
Jabbakam employs cloud based technology to enable customers to remotely management a network of IP-based surveillance cameras.
This means that video footage – captured by the system’s event-triggered cameras, can also be viewed on a smartphone from anywhere around the world.
Additionally, users can set up Jabbakam to alert them – via text message/SMS or email – when the cameras connected to the service detect any unexpected activity.
“Jabbakam sees the mobile device as being the primary client interface for its service and UBA’s technical expertise will enable Jabbakam to develop into the world leader in mobile security,” commented James Wickes, founder of Jabbakam.
”This partnership brings together our complementary skillsets: UBA’s long-term know-how of the enterprise market, mobile solutions and established presence in the Middle East and Africa, along with the patented cloud-based surveillance technology provided by Jabbakam,” Hazem Bawab, CEO of UBA, suggested.
According to IMS Research, the network video surveillance market within the Middle East is to grow at a CAGR of over 20 per cent to 2016.