AxxonSoft Revenue and Financial Progress Examined

Author: John Honovich, Published on Aug 20, 2011

In this note, we examine the revenue and financial progress of Russian VMS / NVR developer AxxonSoft, frequently cited as the largest VMS provider in Russia. In the past two years, the company has started to expand into Western Europe and the United States. Additionally, they recently released a 16 channel free VMS version, a quite aggressive move.

For 2010, AxxonSoft is reporting total revenue of approximately $18 Million USD and projecting 25% growth in 2011 (to the low $20 Million range). This was initially and partially reported in a Russian IT ranking and confirmed/clarified by Axxon directly to us.

** **** ******* *****, *** ******* ********** ** ****** ***** who******** ******** **** *******. ***** *** ***** ****** ********* ** ******* *************. ***** Exacq's ******* ** ********* **** ***** *******, ***** ** *** of **** ******* ** * ********** ***** ******. ** ********, Axxon *** * ******* ***** ** *** ******* ******* ****** but **** ****** ******* ******* ** ******.

** ********** ** ******* *** *********, *** *** ******* ******** only *** *********, ***** ********* ******* **** *** *******. *****, the ****** ******** ** ****** **** ******* *** ********* ****** disproportionately ******* ******** ** ******* ****** *** ***** ******* **** Axxon.

Login to read this IPVM report.
Why do I need to log in?
IPVM conducts unique testing and research funded by member's payments enabling us to offer the most independent, accurate and in-depth information.

Related Reports

Pelco Favorability Results on Dec 02, 2016
This is the first in a series of studies of manufacturer favorability. 100+ integrators rated and explained their views of each manufacturer. We...
CODEC Guide 2016 on Nov 30, 2016
CODECs are core to surveillance, with names like H.264, H.265, and MJPEG commonly cited. How do they work? Why should you use them? What issues may...
Exacq M Series Gets Aggressive Against Hikvision on Nov 22, 2016
The most common complaint against Western NVRs is too high prices. With Chinese recorders, such as Hikvision and Dahua, running sub $500 and...
Avigilon Stock Surges 40% On Strong Growth (Q3 2016) on Nov 15, 2016
The roller coaster continues. After a brutal Q2 heading down, Avigilon's Q3 growth is strongly up. Inside this note, we examine what powered...
$38+ Million Funding Powers VMS Challenger IronYun on Nov 09, 2016
VMS and video analytics have received little funding this decade. However, one Taiwan startup, IronYun, has bucked this trend, with a relatively...
Genetec Expels Hikvision on Nov 08, 2016
Genetec has removed support for Hikvision devices, deeming them 'untrustworthy', citing customer concerns about Chinese government ownership /...
'Legal Protection' From Eagle Eye Contract Vault Examined on Nov 02, 2016
"I was promised the high-end model for the entry level price." "Nobody said there would be a monthly service fee when I signed...
Genetec: Gutting of Mid and Low End Players Coming on Nov 01, 2016
Things are getting ugly. Genetec is predicting that mid-tier VMSes have limited days ahead, and that they will lose their market share to low-cost...
60% Lower Bandwidth, 'Video Anywhere' - Digital Barriers TVI / EdgeVis on Oct 28, 2016
Streaming video over low bandwidth, wireless connections often results in stalled video, broken up video or significant video delays. But Digital...
Smart H.265 Samsung Test on Oct 26, 2016
In our first test of H.265 cameras (including Samsung and Vivotek), H.265 benefits were essentially nil, both versus leading H.264 cameras and,...

Most Recent Industry Reports

XiongMai Master Password List Emailed By Chinese Spammer on Dec 05, 2016
XiongMai created an international uproar as their devices drove massive botnet attacks of major Internet sites. After pledging to recall cameras...
Hikvision Cloud Security Vulnerability Uncovered on Dec 05, 2016
A security researcher uncovered a critical vulnerability in Hikvision's global cloud servers. This vulnerability allowed an attacker to remotely...
Door Operators Access Control Tutorial on Dec 05, 2016
Doors equipped with door operators, specialty devices that automate opening and closing, tend to be quite complex. The mechanisms needed to...
Pelco Favorability Results on Dec 02, 2016
This is the first in a series of studies of manufacturer favorability. 100+ integrators rated and explained their views of each manufacturer. We...
Hikvision CEO Declares 'We Do Not Cut Rates" on Dec 02, 2016
Hikvision has led another press trip to China, and this time Hikvision's CEO is sharing insights into their competitive strategy, including...
Network Security Audit App (March Networks) Examined on Dec 01, 2016
Verifying one's video surveillance devices are locked down against common cybersecurity vulnerabilities is increasing important, as hacks using...
FLIR Acquires Drone Manufacturer For $134M on Dec 01, 2016
FLIR has acquired Prox Dynamics, a Norwegian maker of small military-grade drones, for $134M.  FLIR president Andy Teich provided additional...
Down to $50 IP Cameras From Honeywell on Dec 01, 2016
$100 IP cameras are literally old news. And you do not need to buy from spam email vendors anymore to get $50 ones. [premium_content] You can...
Distributor Offers Local Job Site Delivery on Nov 30, 2016
Local distribution branches are a big differentiator for many integrators, as they facilitate quickly picking up supplies locally without having to...
Dump Axis and Hikvision, Arecont Will Pay You on Nov 30, 2016
Do you want to get rid of your Avigilon, Axis, Bosch, Hanwha Samsung, Hikvision, Pelco or Sony cameras? Now, Arecont will pay you to dump them for...

The world's leading video surveillance information source, IPVM provides the best reporting, testing and training for 10,000+ members globally. Dedicated to independent and objective information, we uniquely refuse any and all advertisements, sponsorship and consulting from manufacturers.

About | FAQ | Contact