Welcome!

Containers Expo Blog Authors: Elizabeth White, Pat Romanski, Yeshim Deniz, Liz McMillan, Ravi Rajamiyer

News Feed Item

BRS Labs Searches for New CEO to Lead Company Through Process of Going Public

Behavioral Recognition Systems, Inc. (BRS Labs), well known for its cutting-edge AISight® platform, the Artificial Intelligence-based analytics solution that teaches itself to recognize and alert on suspicious or unexpected behavior within massive volumes of data, announced this week that it has begun a search for a new CEO to take the company public.

Earlier this week, BRS Labs Chairman Ray Davis announced that he has stepped down as CEO in order to devote his time to the strategic direction of the company and to finding the ideal candidate to take BRS Labs public. The company plans to find a Houstonian who understands the value of a public company in this market, and who has previous operational experience leading a company through the process of going public.

“I founded BRS Labs and have served as its CEO since 2005,” said Davis. “I have always loved building and running companies and have done so for thirty-five years. Based on the growth we have experienced here at BRS Labs, the time is right for us to take the company public, and we need to bring in an individual who has expertise in this area. I will continue to serve in my role as Chairman until that person is comfortably in place and positioned to take BRS Labs to the heights we know it is capable of reaching.”

BRS Labs owns an approximate 60% share of the video analytics market and recently made a successful expansion into the Supervisory Control and Data Acquisition (SCADA) industry for oil and gas as well as other Smart Utility Grids. One of the reasons the company plans to go public is to raise funds to continue its aggressive expansion into new vertical markets, including Information Security (InfoSec), Building Management Systems (BMS), and other big data applications.

“Our Artificial Intelligence-based technology has dominated the initial market we applied it to: Video Analytics,” continued Davis. “It is now time to take this proven technology and address the other serious safety and security issues facing the world today. Our Artificial Intelligence-based technology can, simply by connecting it to current systems and allowing it to observe, identify threats to our commercial and national infrastructure, be it computer networks, smart utility grids, energy, logistics, infrastructure and more. We need to rapidly and simultaneously move into these new vertical markets to explore the many ways in which our technology can be used, while expanding our footprint in existing markets. Access to public funds will position us for simultaneous penetration into these markets and allow us to expand the company while producing exponential returns for our investors.”

BRS Labs is also conducting a search for a new location for its Houston headquarters. Currently located in the Uptown Houston area, the company is targeting a single structure building, as it would allow BRS Labs to house its own cloud storage facility onsite. The company currently works with third-party cloud providers; however, the expected exponential growth will likely require in-house data facilities to meet the growing demand.

Click here to read the recent Houston Business Journal article: What’s Next for BRS Labs and Founder

For more information about BRS Labs AISight, go to www.brslabs.com.

About BRS Labs

BRS Labs builds self-learning behavioral recognition software for enhanced safety, security, and operational efficiency. These highly automated solutions dramatically improve situational awareness and incident response across complex physical environments. Patented artificial intelligence technology accurately identifies threats in real time and deploys quickly as enterprise software, monthly lease, or Software-as-a-Service (SaaS). BRS Labs is headquartered in Houston, with offices in Washington, DC, London, Sao Paulo, and Barcelona.

Visit us on:

Twitter

LinkedIn

Facebook

YouTube

AISight® is a registered trademark, and Behavioral Recognition™ is a trademark, of Behavioral Recognition Systems, Inc. Any other trademarks mentioned are the property of their owners.

More Stories By Business Wire

Copyright © 2009 Business Wire. All rights reserved. Republication or redistribution of Business Wire content is expressly prohibited without the prior written consent of Business Wire. Business Wire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

IoT & Smart Cities Stories
In this Women in Technology Power Panel at 15th Cloud Expo, moderated by Anne Plese, Senior Consultant, Cloud Product Marketing at Verizon Enterprise, Esmeralda Swartz, CMO at MetraTech; Evelyn de Souza, Data Privacy and Compliance Strategy Leader at Cisco Systems; Seema Jethani, Director of Product Management at Basho Technologies; Victoria Livschitz, CEO of Qubell Inc.; Anne Hungate, Senior Director of Software Quality at DIRECTV, discussed what path they took to find their spot within the tec...
To Really Work for Enterprises, MultiCloud Adoption Requires Far Better and Inclusive Cloud Monitoring and Cost Management … But How? Overwhelmingly, even as enterprises have adopted cloud computing and are expanding to multi-cloud computing, IT leaders remain concerned about how to monitor, manage and control costs across hybrid and multi-cloud deployments. It’s clear that traditional IT monitoring and management approaches, designed after all for on-premises data centers, are falling short in ...
DXWordEXPO New York 2018, colocated with CloudEXPO New York 2018 will be held November 11-13, 2018, in New York City and will bring together Cloud Computing, FinTech and Blockchain, Digital Transformation, Big Data, Internet of Things, DevOps, AI, Machine Learning and WebRTC to one location.
Discussions of cloud computing have evolved in recent years from a focus on specific types of cloud, to a world of hybrid cloud, and to a world dominated by the APIs that make today's multi-cloud environments and hybrid clouds possible. In this Power Panel at 17th Cloud Expo, moderated by Conference Chair Roger Strukhoff, panelists addressed the importance of customers being able to use the specific technologies they need, through environments and ecosystems that expose their APIs to make true ...
"Space Monkey by Vivent Smart Home is a product that is a distributed cloud-based edge storage network. Vivent Smart Home, our parent company, is a smart home provider that places a lot of hard drives across homes in North America," explained JT Olds, Director of Engineering, and Brandon Crowfeather, Product Manager, at Vivint Smart Home, in this SYS-CON.tv interview at @ThingsExpo, held Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA.
We are seeing a major migration of enterprises applications to the cloud. As cloud and business use of real time applications accelerate, legacy networks are no longer able to architecturally support cloud adoption and deliver the performance and security required by highly distributed enterprises. These outdated solutions have become more costly and complicated to implement, install, manage, and maintain.SD-WAN offers unlimited capabilities for accessing the benefits of the cloud and Internet. ...
In an era of historic innovation fueled by unprecedented access to data and technology, the low cost and risk of entering new markets has leveled the playing field for business. Today, any ambitious innovator can easily introduce a new application or product that can reinvent business models and transform the client experience. In their Day 2 Keynote at 19th Cloud Expo, Mercer Rowe, IBM Vice President of Strategic Alliances, and Raejeanne Skillern, Intel Vice President of Data Center Group and G...
Business professionals no longer wonder if they'll migrate to the cloud; it's now a matter of when. The cloud environment has proved to be a major force in transitioning to an agile business model that enables quick decisions and fast implementation that solidify customer relationships. And when the cloud is combined with the power of cognitive computing, it drives innovation and transformation that achieves astounding competitive advantage.
DXWorldEXPO LLC announced today that "IoT Now" was named media sponsor of CloudEXPO | DXWorldEXPO 2018 New York, which will take place on November 11-13, 2018 in New York City, NY. IoT Now explores the evolving opportunities and challenges facing CSPs, and it passes on some lessons learned from those who have taken the first steps in next-gen IoT services.
The current age of digital transformation means that IT organizations must adapt their toolset to cover all digital experiences, beyond just the end users’. Today’s businesses can no longer focus solely on the digital interactions they manage with employees or customers; they must now contend with non-traditional factors. Whether it's the power of brand to make or break a company, the need to monitor across all locations 24/7, or the ability to proactively resolve issues, companies must adapt to...