ObjectVideo Company Update and Analysis
by John Honovich, IPVM posted on Jan 15, 2010 About John Contact JohnThis report shares information from a January 2009 interview with ObjectVideo executives. ObjectVideo is a leading intelligent video / video analytics provider.
In 2009, ObjectVideo consists of two major business lines:
- OEM distribution of ObjectVideo software embedded in cameras, encoders and servers for 36 contracted partners
- R&D organization that provides specialized solutions to government and military organizations
ObjectVideo reports that they were cash flow positive in Q4 2008 and expect to be in 2009.
Also as of Q4 2008, David McGuinness is the CEO of ObjectVideo. McGuinness was promoted from the VP of Professional Services. Raul Fernandez, formerly CEO and Chairman, continues in his role as Chairman of ObjectVideo.
In 2009, ObjectVideo is focusing their efforts of on OEM distribution, supporting partners to quickly and more effectively sell products using ObjectVideo analytics. ObjectVideo expects to see multiple partners release support for ObjectVideo running on DVRs of IP Video Surveillance Software using Intel Chips. This would add to their existing and primary distribution through cameras and encoders using TI chips.
While acknowledging the significant global economic issues, ObjectVideo sees the government as a strong customer and believes the large number of partners will help diversify and grow their business.
Finally, CTO Dr. Alan Lipton, who many of you know from his presentations and public writing, is no longer with ObjectVideo.
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