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Inventures Announces the Launch of The Open Security & Safety Alliance

November 28, 2018

SAN RAMON, Calif.--(BUSINESS WIRE)--Nov 28, 2018--Inventures, an alliance management company, announces the launch of The Open Security & Safety Alliance, a nonprofit organization that brings together like-minded companies that are building a common, standardized platform for physical security and safety solutions that are accessible to everyone.

The Alliance represents leading companies in building automation, security application development, and system-on-a-chip manufacturing, among others. Its founding members are Bosch Building Technologies, Hanwha Techwin, Milestone Systems, Pelco by Schneider Electric, and VIVOTEK Inc. Companies first to join the Alliance include Ambarella Inc., Anixter Inc., AndroVideo, Kings Security Systems Ltd., and NetApp.

The Alliance will develop a framework of commonly agreed-upon standards, specifications, best practices, references, and implementation guidelines that will be used to create an industry-specific operating system and an Internet of Things infrastructure. The Alliance also will provide a collective approach to data security and privacy, address common challenges, and drive improved levels of performance in the industries it represents.

“We’re excited by the possibilities this collaboration creates and how it will help the parties involved focus on what really adds value for our customers,” said Gert van Iperen, former president of Bosch Building Technologies and chairman of the Alliance. “We envision the reach of this collaboration will go beyond physical security and safety, offering innovations in other applications and practices.”

“The Alliance was formed in reaction to today’s market, which is characterized by the continued evolution of IoT and the aggregation of data,” said David Schmahl, president of Inventures. “It will provide new direction for the physical security and safety market, and the framework it creates will enable increased focus on innovation and developments that address customers’ needs.”

“Members of the Alliance will see more commercial opportunities through an expanded market, and an enhanced level of trust for security and safety solutions,” said Stan Moyer, vice president of ecosystem development & collaboration, Inventures. “The Alliance affords members the opportunities to combine knowledge, expertise, and experience in order to achieve mutual goals and create new approaches to their markets.”

“We are thrilled to partner with Inventures in the management of this alliance,” van Iperen said. “They have a proven track record of managing technology communities and alliances, ensuring collaboration among all of the stakeholders, and producing results for the coalitions they serve.”

Membership is now open for organizations interested in joining the Alliance. To learn more about membership details and the Alliance’s activities, visit www.opensecurityandsafetyalliance.org.

About Inventures

Located in San Ramon, Calif., Inventures offers companies, standard-setting organizations, and user/development communities access to the world’s pre-eminent technology community professionals and solutions. We help advance emerging and existing technologies by creating and managing ecosystems and alliances that drive stakeholder collaboration and build new markets. We offer a customizable set of services that are unmatched in the industry, and our business practices and approaches provide the expertise, speed, and leverage needed to help organizations achieve their visions. Inventures is a wholly owned subsidiary of SmithBucklin, the association management and services company more organizations turn to than any other. For more information about Inventures’ alliance formation and management services, please visit Inventures’ website at https://www.inventures.com/.

View source version on businesswire.com:https://www.businesswire.com/news/home/20181128005150/en/

CONTACT: Stan Moyer, 925-275-6686

Email:smoyer@inventures.com

KEYWORD: UNITED STATES NORTH AMERICA CALIFORNIA

INDUSTRY KEYWORD: TECHNOLOGY DATA MANAGEMENT SOFTWARE OTHER TECHNOLOGY SECURITY

SOURCE: SmithBucklin

Copyright Business Wire 2018.

PUB: 11/28/2018 08:00 AM/DISC: 11/28/2018 08:01 AM

http://www.businesswire.com/news/home/20181128005150/en

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