Signify Deploys Verkada Across 30 Sites, Validating Cloud-Native Security for Large Enterprise

New updates have been reported about Verkada (PC:VERKA)

Verkada has been selected by Signify to replace a patchwork of legacy systems and standardize security operations across 30 manufacturing, distribution and R&D sites in seven countries, a deployment that the customer says has materially reduced operating costs and accelerated investigations; after a pilot at a large Mexico manufacturing plant (more than 3,000 employees), Signify expanded the unified cloud platform — covering video, access control, alarms and analytics — into a centralized Security Operations Centre (SOC), reporting roughly a 50% reduction in operational spend, a 30% drop in security incidents, a five-fold increase in investigative speed (from as long as a month to about a week), and a near 29% decline in on-site guard needs. The rollout also leveraged Verkada’s migration capabilities to bring previously installed cameras onto the same cloud system, enabled remote monitoring and consistent procedures across sites, and produced measurable operational KPIs that Signify cites as foundational for further automation projects such as truck-traffic monitoring and tighter alarm/access integration.

For Verkada, this contract is a significant enterprise validation of its cloud-native, integrated physical-security stack and its commercial playbook: measurable cost savings and faster incident resolution at scale strengthen Verkada’s value proposition to large, geographically distributed industrial customers and create clear upsell pathways (expanded analytics, access/alarm integration and SOC services) with recurring software-driven revenue potential; the ability to migrate existing cameras reduces customer churn friction and accelerates deployments, while referenceability from a EUR 6.1bn global lighting leader should aid sales into similar manufacturing and logistics verticals. Executive takeaways: the Signify deployment underscores a broader market trend of consolidating fragmented legacy security systems into cloud platforms for operational efficiency and risk reduction, suggests continued near-term demand for combined hardware-plus-subscription models, and signals an ongoing revenue runway from further automation and SOC unification at the customer level.