We're thrilled to share insights from our CEO, Oleg Syvyniuk, as he recently engaged in an illuminating conversation with a prominent publication, Computer Review UA. Oleg's comprehensive interview provides a fascinating peek into IncoreSoft's journey, challenges, and the evolving landscape of our industry. His thoughtful reflections encapsulate the essence of our company's resilience and innovative spirit. Let's navigate through the pivotal points discussed in this enlightening conversation.
Reinvention Amidst Adversity
The company faced its share of uncertainty during a period of significant upheaval. However, Oleg, anticipating the impact, prepared the business for a complete standstill lasting nearly a year. The initial phase seemed dormant; foreign partners paused collaborations due to perceived risks. With positive advancements by the Ukrainian Armed Forces in the south last summer, IncoreSoft felt a surge of confidence in its direction, prompting a transformative decision. Utilizing the situation, the company embarked on a complete overhaul of its platform, virtually rebuilding it from scratch. This meticulous process spanned approximately a year, resulting in a groundbreaking solution and a substantial leap in a remarkably condensed timeline.
Resilience and Adaptability in the Market
Despite the poor economic outlook, the company's positive trajectory in Ukraine's market persisted, primarily within the realm of public security. IncoreSoft extended free licenses to assist in ensuring safety, demonstrating its commitment amidst adversity. Notably, the company engaged in several sizable projects, including the modernization of Kyiv's video surveillance system, exhibiting excellence in facial and license plate recognition.
Innovative Technological Advancements
The transition from Python to C++ marked a turning point in the organization's developmental approach, aligning with Nvidia's platform for optimized execution. Noteworthy is the pivotal status as a technological partner of Nvidia, attributed to groundbreaking developments specifically designed for their platform. The utilization of GPUs for video stream processing drastically improved efficiency, outperforming traditional server-based analytics.
Industry Dynamics and Adaptation
In exploring the dynamics of manufacturer-distributor-integrator relationships, Oleg highlighted the diversified roles and functions across regions. Distributors, serving as the face of the company in many areas, play a multifaceted role, including project management and technical support.
Market Penetration and Future Innovations
IncoreSoft's primary clientele, law enforcement agencies, underscored the dominance of public security installations, comprising the lion's share of the company's implementations. There is a strategic push for adaptation to meet client specifications, particularly in corporate sectors, indicating the company's focus on customization and refinement.
Technological Frontiers and Cloud Services
While the industry gravitates towards cloud-based services, IncoreSoft remains grounded due to data security concerns and hardware requirements. Presently, the company maintains a cautious approach to cloud adoption but acknowledges the potential evolution of cloud services for video analytics in the future.
Expansion and Innovation on the Horizon
Teasing future developments, Oleg Syvyniuk hinted at a comprehensive product interlinked with video surveillance systems, promising a revolutionary integration of video analytics in the company's forthcoming solution.
Oleg Syvyniuk's insightful reflections provide a glimpse into IncoreSoft's resilience, adaptability, and unwavering commitment to innovation. As the industry evolves, IncoreSoft continues to chart its course towards pioneering technological advancements, solidifying its position as a trailblazer in the video analytics sphere.
The original article is available in Ukrainian through the following link: