GE Security Revenue Plummeting

Author: John Honovich, Published on Nov 13, 2009

In September 2008, GE Security CEO projected 2011 revenue of $3 Billion USD. Even at that time, the implied annual growth rate of 15% seemed unrealistic (GE Security reported 2007 revenues of $1.8 Billion).

Now, UTC is disclosing GE Security's revenue for 2008 and expected revenue for 2009.

  • **** ******* *** $*.* *******.
  • **** ******* ** ******** ** ** **** $*.* *******.
****'* * **% **** ** **** * ***** - *** even ***** ********* ** *** ******* ****** ** *** *********. [See***** * ** *** *************** ******]
***********, *** *********** ***** ** $*.* ******* ** *.* ***** revenue ***** ** *********** *** * ******** ** **** ***** decline.
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

FLIR Security Revenue Reviewed on Oct 31, 2016
With acquisitions of Lorex, DVTel and ISD, adding to their core thermal offerings, FLIR has been building up its presence in the security / video...
Axis TCO Study Examined on Oct 31, 2016
Axis is doing a full marketing push for a new TCO study, with various Axis divisions and their media partners promoting this TCO study. This...
Hikvision Declares No Subsidies But Financials Show $189 Million Subsidies on Oct 13, 2016
Hikvision alleges that they receive no subsidies but their own financial records show $189 million of subsidies in 2015. Hikvision 'overseas' has...
Avigilon CEO Aims For $3 Billion on Oct 05, 2016
Despite Avigilon's stock price collapse, management turnover, decelerating growth and net losses, Avigilon CEO shows that he is optimistic as...
Axis Hosted Video Decade of Failure on Aug 29, 2016
Do you want to 'head up' Axis hosted video offerings? Axis almost never publicly promotes senior positions, but for such an unattractive job they...
Avigilon Stock Plunges On Bad Financials (Q2 2016) on Aug 16, 2016
Avigilon's stock went down 25% the day after it announced earnings. The stock had already been down by more than 60% from its peak. The market is...
Favorite Video Surveillance Hard Drive Statistics 2016: Seagate vs WD on Aug 01, 2016
What is the favorite hard drive for video surveillance integrators? Two manufacturers stood out, Seagate and WD but one of them trounced the...
Video Surveillance Hard Drive Failure Statistics 2016 on Jul 22, 2016
Hard drive failures are decreasing and lifespans are getting longer, according to new IPVM statistics. Failing hard drives have historically been...
Video Surveillance Hard Drive Size Statistics 2016 on Jul 18, 2016
Many low end NVRs still use 1TB hard drives, but 10TB drives hit in the market in January 2016. So what size do integrators use most often?...
US Government Agency Highlights Analytics Failure on Jul 15, 2016
Count the US government among those not satisfied with video analytics. A US government agency held a workshop on video analytics for public...

Most Recent Industry Reports

Knightscope - $122,509 Revenue, $2.5 Million Loss Seeks $20 Million Investment on Dec 09, 2016
The robot that ran over a child, Knightscope, wants money and they need it. Investors can invest as little as $1,000 to participate and...
The Russian SMP Security Robot on Dec 08, 2016
A Russian manufacturer, SMP, has a commercially available outdoor security robot, at a lower price and with much less marketing than their main...
How Hikvision Beats Its OEMs on Dec 08, 2016
Hikvision GM declared that they are not aggressive with their competitors. But some of their own OEM partners disagree. Inside, we reveal a key...
Dahua Discontinuing H.264 Only Products on Dec 08, 2016
Dahua has taken a stand for H.265 and is discontinuing its H.264 only products. We examine the shakeup inside this...
IP Networking Course January 2017 on Dec 08, 2016
This is the only networking course designed specifically for video surveillance professionals plus it includes live training, personal help and...
Hikvision vs Dahua Mobile Apps Tested on Dec 07, 2016
With smartphone use and low-cost video recorders surging, many user's main interface to their surveillance system is their phone. With mobile video...
Paxton Drops US Reps, Plans Major Expansion on Dec 07, 2016
Paxton is gearing up to make a big run at  US access control success. The first step they have made is to cut all US Rep Firms, in anticipation of...
Axis Partner Elder Care Video Analytics (Smartervision) on Dec 07, 2016
Can video analytics be used to improve the care of the elderly? Axis and a video analytics startup, Smartervision, are working together to do so....
Sony IP Camera Backdoor Uncovered on Dec 06, 2016
A backdoor has been uncovered in ~80 Sony IP camera models, attackers can remotely enable telnet on the camera, and then potentially login as root,...

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