Wavestore, provider of video management software and analytics for the physical security industry, announced it has welcomed Sam Shalaby as its new owner. A long-standing industry entrepreneur with a proven track record of scaling innovative companies, Shalaby’s leadership will accelerate Wavestore's expansion into new markets and enable the company to deliver leading-edge, customer-focused solutions to an even larger audience, according to the announcement.
Under the leadership of Mark Claxton, managing director, Wavestore said it successfully combined the agility and customer-centric approach of a start-up with the resilience of an established operation. The Wavestore solution has secured customers across the globe, from the United States to the Middle East, providing end-users with value while empowering integrators and consultants to expand regional sales.
“We’re focused and committed to investing heavily in product development,” said Claxton. “Our suite of video analytics tools, integrations and accessible, actionable data is truly transforming how people see their world.”
Shalaby's previous experience, notably as founder and CEO of Feenics and owner of Future Security Controls, demonstrates his ability to grow businesses by leveraging cloud-based technologies and investing in talented and capable personnel while focusing on customer needs. Wavestore said his knowledge and expertise will serve as a catalyst to further extend the reach of the company’s video management solutions.
“I'm thrilled to join forces with the talented team at Wavestore,” said Shalaby. “Mark and I share a strong commitment to customer-centric innovation and growth. I believe my guidance will enable us to unlock Wavestore's full potential in the market.”
The current team at Wavestore will be complemented with additional talent in North America. With an engaged, motivated and enthusiastic team, Wavestore is well-positioned to establish new partnerships and reaffirm existing ones to explore potential business prospects. Planned expansion to new locations in Canada, the United States, Europe and the Middle East will position Wavestore to boost its growth in untapped markets and capitalize on its global achievements amassed while serving 21 years in the industry.
For more information, visit: wavestore.com.