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Stock impact report

ColoBarn Selects IvedaAI™ to Strengthen Data Center Security in Multiple US Regions

Iveda Solutions, Inc. (IVDA) 
NASDAQ:AMEX Investor Relations: iveda.com/investor-relations
Company Research Source: Business Wire
MESA, Ariz.--(BUSINESS WIRE)--Iveda (NASDAQ: IVDA), the global leader in cloud-based AI, today announces that ColoBarn, a prominent provider of colocation services in Arizona and Florida, has selected Iveda's advanced AI technology to bolster the physical security of its data centers. This strategic integration reinforces ColoBarn's commitment to maintaining and elevating its industry-leading security standards. By deploying IvedaAI™, ColoBarn is applying multiple AI analytics to exterior cameras for comprehensive security management, including intrusion detection, facial recognition, license plate recognition, and more. IvedaAI is providing real-time alerts, enhancing access control for both ColoBarn’s staff and its end-users.The global data center colocation market is on track to grow significantly, with estimates suggesting it will increase from $57.2 billion in 2022 to $131.80 billion by 2030. As the demand for secure, reliable colocation services continues to rise, innovative Show less Read more
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