Jabbakam fuelled to go global and mobile by Middle Eastern investment

UBA, the leading Jordanian provider of business solutions, announced today that it has acquired a 20% stake in Jabbakam Limited, a web based system for the remote management and networking of IP cameras.
 
UBA is a strong technology player in the Middle East, renowned for its mobile social media applications geared to Arab consumers. With mobile web expected to exceed desktop internet by 2015, UBA will develop Jabbakam’s existing mobile platform enabling its users to have complete control of their online accounts, from their Smartphones. Bucking the trend of competitor technology companies in Jordan, 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.
 
Jabbakam provides users with a cloud-based network infrastructure service as simple to use as Facebook that enables them to create virtual networks of IP Cameras. This cutting edge technology is set to change the traditional CCTV hardware and service industry. ‘Cloud’ technology is becoming widely used worldwide as a reliable and cost-effective platform for sharing resources and storing data. Jabbakam’s simple to use interface enables IP cameras to be arranged into networks allowing individual and multiple locations to be easily monitored from a single computer or smartphone. It provides real time images and historical searches, accessible from anywhere in the world via a computer or mobile device. Users can set up Jabbakam to alert them, receiving emails or text messages when cameras connected to the service detect unexpected activity.
 
The surveillance market in the region is growing rapidly. Saudi Arabia, UAE, and Qatar are the three major Middle Eastern markets where video surveillance equipment is actively deployed. According to IMS Research, the network video surveillance market within the Middle East is to grow at a CAGR of over 20% to 2016. One of the key factors driving this growth is the high proportion of green field projects relative to other regions.
 
Hazem Bawab, CEO of UBA said: ”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. Together we will introduce first of a kind integrated security solutions to the region. Our development teams will work to expand the capabilities of this product for not just our customer base, but people all over the world.” Bawab added.
 
James Wickes, founder of Jabbakam said: “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.  We are thrilled that UBA, a company at the forefront of the Middle-Eastern technology boom with a reputation for quality systems and customer support, has decided to work together with us to develop our product for the Global market. We have some exciting developments to move the performance of Jabbakam forward including a more user-friendly interface for customers, more choice about how to view and receive footage and the inclusion of GPS and camera notification features.  We have a very large roadmap for developing the system and this investment from UBA will enable us both to take the market by storm”.