Taiwan Geovision AI Analytics and NDAA Examined

By Isabella Cheng, Published Oct 29, 2020, 10:26am EDT

Taiwan manufacturer Geovision's revenue has been falling for years. However, can its new AI analytics and opportunities from NDAA turn things around?

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IPVM spoke with Geovision USA's President, David Huang, and Business Development Manager, Joe Leonard, and in this report, examine:

  • Who is Geovision
  • Geovision brings AI offerings to VMS
  • VMS "3D E Maps"
  • NDAA compliance
  • Standalone v. Server-based NVRs
  • COVID-19 impacts
  • Plans for US expansion through training opportunities
  • Geovision and OEMs
  • Weak marketing
  • Outlook for Geovision

Geovision **********

IPVM Image*********** * ****** ***** surveillance ************, ******** ***-**-*** systems ********* *******, ***/***, LPR, *** ****** *******, founded ** ****. ********* has*** ************ ******** ******** ************ in *****, *** **, Czech ********, ******, *** Brazil. *** ** ********** (also ****** *** ****** Systems) ** ************* ** Southern ********** *** **** four ***** ******* ********** North *******, ********* ** New ****, *******, *****, and ******. *******% ** *********'* ***** sales*** ********** ** ***** America.

********* *** ****** ** the ****** ***** ******** in **** *** ******** 2019 ****** ******* ***.* ******* ***(~$** ******* ***), **** 6.7% **** ****. *********'* revenues **** **** ******* steadily ***** **** **** its ******* ********.* ******* ***(~$** ******* ***). ** 2019, ********* ******** *********** no ******* ** *** profit ****-**% ** **.* ******* NTD(~**** ***).

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*********'* ****** ************** ** 2.26 ******* *** (~** million ***), ****** **** ~80% **** *** **** and **** *****.

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New ** ********* *** ***

********* *** ******** ******** AI ********* *** ****** recognition ******** *** ***** to ******* *** ** Guard *** ** *** end ** ****.

********* ********* ***** ********* *** ****** recognition** *** ***** **** IPVM *** ******** ****. Its **** ********* ******* people *** ******* *********, zone *********, **** *** detection, **** **** *********, and ****** ********** ******. Notably, **** **** ********* and ****** ********** ****** are ***** ***** *********. They **** *** ********* when ********* ***** ********* this ** *** **** show ** *****, *** IPVM ******* **** *** in *** **** ****** summary ** *** ********* to ***** ** *** current ********.

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** ** * ***** trend ** *** ******** that ********* ***** ***********, but **** ****** ** expected *******, ********* *** President, ***** *****, **** IPVM:

** ** * ***** in *** ********, *** VMSes *** ******* ******* and *******. ********* *** one ** *** ***** companies ** *** **** machine ******** *** *** deep ******** *** **. While ***** *** ********* limitations **** *** ******** side, ** ******** ********, more ** ******** **** be **** ** *********. The ********** *** *** AI ** ******** ********** power, *** * ** 2 ***** **** *** road, ** **** ** a ****.

AI ***** ***

*** ** ***** *** will ******* *** *** AI *************** *** **** be **** ** ** used **** **** ********* and *** ***** *******.

Geovision ********* ** ***** **** ** ******* ***

**** **** ** *****'* launch, ********* **** ******** to ***** *** **** 32 ******* *** ********, albeit ******* *** *** AI ***************. ********* ********* its **-***** ********, **** VMS *** ** *** "**** ******". ********* *** ****** to *** *** ** onetime ****** ** ******* to ** ******** (**** $600), ****** **** *** option ** *** ******* by *******. *** ********* needing **** **** ** channels, ********* ****** * “Control ******” ******** ** connect ** ********* *** servers *** ********* ******** (an ********** **** ** $600).

VMS ****** "** * ****"

***** ********* ****** ********* mapping, ***** ** ***** "3D * ****," *** maps *** **** ********** multi-level ** ******* *** maps **** ** **** camera ****** *** **********. Geovision ******* *** ** IPVM **** *** **** VMS ** ******* ** creating ** * **** or ****** ******* ** inserting *** ********'* ********** into *** *** *** embedding ****** ***** **** those ****. **** ** a ******* **** ********* has ******* ******* *** 3 *****, *** *** many ***** *********** *****, Geovision ****. **** *** new ****** *********** *******, the *** *** **** the ******** *** **** that *** ****** ** traveling ** *** * Map. *******, **** ******* should ** ****** *****-***** 2D ** *.** ******* it **** *** ***** show *** *******' ******* and ********** ** **** would ** **** ** true **. *********** * ******* ********* mapping***** **** **** ***** 2.5D.

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Looking ** ****** **** ********* ****

********* *** * "**** full ****" ** **** compliant ** ******* *** will **** ******* ** make **** **** ********* cameras *********, ** **** have ******* ********* *** "asking *** **** ********* alternatives ** * ***** basis". ***** ********* **** not **** *** **** compliant ****** ** *** website, ** ******** **** with ***** ** *** **** compliant ****** ******, ******:

*** ** *** *** Servers, ****** *******, ***, PoE ****** ***** *** NDAA ********* ** ****. Besides *** ******* **** compliant ******, *** ****** models ** *** ******** are *** **** *********.

***** ********* ****** **** has **** ** *********** for ***-***** *************, ********* believes **** ******* ****, the ******* *** * "good **** ******" ******* it ****** *** ** end *********. ********* ********* on ****** ******** ****** too **** ** *** opportunities **** **** ***** bring ** ***-***** *************, as "**** ***** ***** be ***** *** ******** models ****** *** ** built **** ********* *********."

Geovision *********** *** ***** **** ********** ** ******-***** ****

********* ****** ******-***** **** and ********** ****. *** server-based **** *** **** compliant, *** ********* *********** customers **** ************ ****** from ********** ** ******-***** NVRs ** *** ******. Geovision **** **** **** its **-***** *** ****** NVRs **** ****** **** NDAA ********* *** **** in *** ***, ** "they *** ***** ** order **** *******, ** customers *** ****** ***, hot-swap ***, **** ** not, ********* ***** ***., and ********* **** ****** customer ************ ** **** fit *****." ********* ******** the ******** ** ******** from ********** **** ** PC-based **** ******* ** NDAA ******* ** *** supply ***** *** ********* processing ***** ** ** analytics, ***********:

** ** *** * possible ****** ********* **** SNVR (********** ***) ** VMS ** *** ***-*** /mid-end ******. ** *** the ***-****/****-*** ******, ** is ****** *** ******’* market. **** *** ***** dominate *** *****-****** ***-*** market, *** ** *** lose *** **** ** the ***-*** ***.

***** *** *** ******* factors *** **** *********. First, *** *** ** features **** **** **** processing *****. * ******’* platform ** **** **** sophisticated **** * ********** unit. ******, *** **** ban *** ******** *** supply ***** ** **** and **** ***** * higher ****, ** *** price *** ******* **** and *** ****** ** diminishing. ****** ** **** still ** **** * gap, ** *** **** to *** ***** **** in ***** **** ********* may ******* ** *** VMS ******.

COVID-19 ******* ** *********

*****-** ************* ******** *********'* performance ** ****, *** Geovision *** *** ******** a ****** ******** *** expects ** ****** *** year "** *** **** last **** ** ******** grow." *****-** *** **** Taiwan ************* **** ******* many ****** ********* *** not ***** *** ***** camera *********, ** ********* and ***** ***. ********, as * *****, ** down-**.**%*** *** ** **** compared ** ****. *******, while ********* ** * whole ** **********, ********* USA ** ********* ** its *** *********** *** the **** ** *** year, ******* ****:

*******, **** **** **** be ** *** **** last **** ** ******** grow. ***** ***** *** really ********, *** *********** last ***** (*********) *** really **** *** **** month (*******) *** **** as ****. ** ******* next ****'* ** *** Q2 **** ** **** as *** ***** *** building ******** *** *** into *** *** ** the ****.

Plans *** ** ********* ******* ********** ******** *************

***** ********* *** ** not ******* ** *** more ******* ** *** future, **** *** ******* to "****** ***** ** footprint" ******* ********* **** training *** ********* ********. Geovision **** **** *** company ******* *** ******** offices (**, **, **, NY) ** *** ** to ******* ***** ********* and * "***** ******** line" ** **, ** in *** **** ******, they *** *** ******* to *** **** *******. However, ********* ***** ** prioritize ******** *** ********* integrators *** ********, ******, "because ********* ** ********-******, training ** ****** *********." Geovision ********* ****** ********* training.

Geovision **** *** *** *** ******

********* **** *** *** for ***** ********* ******* OEM ********** *** *** always ****** *** ********, Geovision **** ****. "********* shies **** **** *** business ***** ******* **** though *** *** **** big ************, *** **** to '**** *** *** business', *** *** ******** can ****** ***** ********* to *** *** ***," Mr. ***** *********. ********* admitted **** ***** **** won't ** *** ******* they ****** *** ** OEM *** ******, **** will ** "*****".

Decision ** *** **** ******

***** ********* ******* ** not *** *** ******, some ** *** *** products *** ***, **** as ****** ******* ****** (***-****), ***** *** ******* ***. ********* ********* ** IPVM *** ******** ** sell *** ******** ******* on ******* ******** ******** is ** ** *** niche. *******, *********'* **** is ** ***** *** "best ***-**-*** ******** ** the ******", ** ******* outsourcing ** *********:

**** ** *** ******** are ***, *** ** don’t ******** **** ***********. To **, ** ** based ** *** **’* judgment ******* ** **** in-house ** *********. ** a ******** ******* **** a *********, ** *** consider ** ***********. ** hardware ** ***** **** niche, ** *********** ** house. *********, ** ** a ***. *** ****** line ** ** **** out ** *** ** the **** “***-**-***” ********* in *** ******, ***** GeoVision’s **** ***** **. For ******* ** *** hardware ********** ** **** solution, ** **** *** jeopardize *** *****.

Weak ********* ** *********

********* *** **** **** at ********* ******, ** IPVM ****** ***** ***** integrators ** *** ***** asking ***** *********. **** is * **** **** that ******** *********'* **** of ******* ********* ********. Geovision's ********* ********* *********** over *** ***** ***** be ********* *** ********* resources ** ****** *** marketing *******. *******, **** IPVM ***** ********* ***** their ********* **** *********, Geovision ****:

********* *** *** *** pace, *** ** ** very *****. *** ********* in *** *********, **** stay **** ********* *** a **** ****, ********* employees. ***** ********* *** do **** ** *********, we ***** **** ** our ******** *** ******* than *********.

*******

********* *** ******** ** analytics *** ****** *********** in ************ ** ** features ****** *** **** within *** ********. *******, Geovision *** ***** ********* in *** **** ***** as ******* ********* ** decrease *** *** **** significantly ******** ** *****-** in **** ** ** did *** ***** *** thermal ********* *********. *********'* may ** **** ** capitalize ** ************* ******* to ***-***** ************* ** a ****** ** *** NDAA ***, *** *** future *********** ***** ******* to ** ****.

Comments (1)

*** ******* ** **** story ** **** ***** were ********* ****** *** sets **** *** ******* cameras ** *** *****.

**** ******* *** ***** at *** ***'* *********** in ********* ******* **** in ***** ** ****. Look ********* ** *** text ** *** *** with *** ******* ******.

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