Taiwan Geovision AI Analytics and NDAA Examined
Taiwan manufacturer Geovision's revenue has been falling for years. However, can its new AI analytics and opportunities from NDAA turn things around?
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 **********
********* *** ****** ** *** ****** stock ******** ** **** *** ******** 2019 ****** ******* ***.* ******* ***(~$** ******* ***), **** *.*% **** 2018. *********'* ******** **** **** ******* steadily ***** **** **** *** ******* reached*.* ******* ***(~$** ******* ***). ** ****, ********* reported *********** ** ******* ** *** profit ****-**% ** **.* ******* ***(~**** ***).
*********'* ****** ************** ** *.** ******* NTD (~** ******* ***), ****** **** ~80% **** *** **** *** **** peaks.
New ** ********* *** ***
********* *** ******** ******** ** ********* and ****** *********** ******** *** ***** to ******* *** ** ***** *** by *** *** ** ****.
********* ********* ***** ********* *** ****** ************* *** ***** **** **** *** Products ****. *** **** ********* ******* people *** ******* *********, **** *********, hard *** *********, **** **** *********, and ****** ********** ******. *******, **** mask ********* *** ****** ********** ****** are ***** ***** *********. **** **** not ********* **** ********* ***** ********* this ** *** **** **** ** April, *** **** ******* **** *** in *** **** ****** ******* ** key ********* ** ***** ** *** current ********.
** ** * ***** ***** ** the ******** **** ********* ***** ***********, but **** ****** ** ******** *******, Geovision *** *********, ***** *****, **** IPVM:
** ** * ***** ** *** industry, *** ***** *** ******* ******* and *******. ********* *** *** ** the ***** ********* ** *** **** machine ******** *** *** **** ******** for **. ***** ***** *** ********* limitations **** *** ******** ****, ** hardware ********, **** ** ******** **** be **** ** *********. *** ********** now *** ** ** ******** ********** power, *** * ** * ***** down *** ****, ** **** ** a ****.
AI ***** ***
*** ** ***** *** **** ******* the *** ** *************** *** **** be **** ** ** **** **** both ********* *** *** ***** *******.
Geovision ********* ** ***** **** ** ******* ***
**** **** ** *****'* ******, ********* will ******** ** ***** *** **** 32 ******* *** ********, ****** ******* the *** ** ***************. ********* ********* its **-***** ********, **** *** *** of *** "**** ******". ********* *** ****** ** *** for ** ******* ****** ** ******* to ** ******** (**** $***), ****** than *** ****** ** *** ******* by *******. *** ********* ******* **** than ** ********, ********* ****** * “Control ******” ******** ** ******* ** unlimited *** ******* *** ********* ******** (an ********** **** ** $***).
VMS ****** "** * ****"
***** ********* ****** ********* *******, ***** it ***** "** * ****," *** maps *** **** ********** *****-***** ** because *** **** **** ** **** camera ****** *** **********. ********* ******* out ** **** **** *** **** VMS ** ******* ** ******** ** E **** ** ****** ******* ** inserting *** ********'* ********** **** *** VMS *** ********* ****** ***** **** those ****. **** ** * ******* that ********* *** ******* ******* *** 3 *****, *** *** **** ***** competitors *****, ********* ****. **** *** new ****** *********** *******, *** *** can **** *** ******** *** **** that *** ****** ** ********* ** the * ***. *******, **** ******* should ** ****** *****-***** ** ** 2.5D ******* ** **** *** ***** show *** *******' ******* *** ********** as **** ***** ** **** ** true **. *********** * ******* ********* ************ **** **** ***** *.**.
Looking ** ****** **** ********* ****
********* *** * "**** **** ****" of **** ********* ** ******* *** will **** ******* ** **** **** NDAA ********* ******* *********, ** **** have ******* ********* *** "****** *** NDAA ********* ************ ** * ***** basis". ***** ********* **** *** **** its **** ********* ****** ** *** website, ** ******** **** **** ***** ** *** **** ********* ****** models, ******:
*** ** *** *** *******, ****** Control, ***, *** ****** ***** *** NDAA ********* ** ****. ******* *** current **** ********* ******, *** ****** models ** *** ******** *** *** NDAA *********.
***** ********* ****** **** *** **** an *********** *** ***-***** *************, ********* believes **** ******* ****, *** ******* had * "**** **** ******" ******* it ****** *** ** *** *********. Geovision ********* ** ****** ******** ****** too **** ** *** ************* **** NDAA ***** ***** ** ***-***** *************, as "**** ***** ***** ** ***** and ******** ****** ****** *** ** built **** ********* *********."
Geovision *********** *** ***** **** ********** ** ******-***** ****
********* ****** ******-***** **** *** ********** NVRs. *** ******-***** **** *** **** compliant, *** ********* *********** ********* **** increasingly ****** **** ********** ** ******-***** NVRs ** *** ******. ********* **** IPVM **** *** **-***** *** ****** NVRs **** ****** **** **** ********* and **** ** *** ***, ** "they *** ***** ** ***** **** scratch, ** ********* *** ****** ***, hot-swap ***, **** ** ***, ********* power ***., *** ********* **** ****** customer ************ ** **** *** *****." Geovision ******** *** ******** ** ******** from ********** **** ** **-***** **** because ** **** ******* ** *** supply ***** *** ********* ********** ***** fo ** *********, ***********:
** ** *** * ******** ****** migration **** **** (********** ***) ** VMS ** *** ***-*** /***-*** ******. As *** *** ***-****/****-*** ******, ** is ****** *** ******’* ******. **** may ***** ******** *** *****-****** ***-*** market, *** ** *** **** *** edge ** *** ***-*** ***.
***** *** *** ******* ******* *** this *********. *****, *** *** ** features **** **** **** ********** *****. A ******’* ******** ** **** **** sophisticated **** * ********** ****. ******, the **** *** *** ******** *** supply ***** ** **** *** **** cause * ****** ****, ** *** price *** ******* **** *** *** server ** ***********. ****** ** **** still ** **** * ***, ** may **** ** *** ***** **** in ***** **** ********* *** ******* to *** *** ******.
COVID-19 ******* ** *********
*****-** ************* ******** *********'* *********** ** 2020, *** ********* *** *** ******** a ****** ******** *** ******* ** finish *** **** "** *** **** last **** ** ******** ****." *****-** hit **** ****** ************* **** ******* many ****** ********* *** *** ***** any ***** ****** *********, ** ********* and ***** ***. ********, ** * whole, ** ****-**.**%*** *** ** **** ******** ** 2019. *******, ***** ********* ** * whole ** **********, ********* *** ** confident ** *** *** *********** *** the **** ** *** ****, ******* IPVM:
*******, **** **** **** ** ** par **** **** **** ** ******** grow. ***** ***** *** ****** ********, our *********** **** ***** (*********) *** really **** *** **** ***** (*******) was **** ** ****. ** ******* next ****'* ** *** ** **** be **** ** *** ***** *** building ******** *** *** **** *** end ** *** ****.
Plans *** ** ********* ******* ********** ******** *************
***** ********* *** ** *** ******* to *** **** ******* ** *** future, **** *** ******* ** "****** their ** *********" ******* ********* **** training *** ********* ********. ********* **** IPVM *** ******* ******* *** ******** offices (**, **, **, **) ** the ** ** ******* ***** ********* and * "***** ******** ****" ** CA, ** ** *** **** ******, they *** *** ******* ** *** more *******. *******, ********* ***** ** prioritize ******** *** ********* *********** *** partners, ******, "******* ********* ** ********-******, training ** ****** *********." ********* ********* offers ********* ********.
Geovision **** *** *** *** ******
********* **** *** *** *** ***** companies ******* *** ********** *** *** always ****** *** ********, ********* **** IPVM. "********* ***** **** **** *** business ***** ******* **** ****** *** can **** *** ************, *** **** to '**** *** *** ********', *** OEM ******** *** ****** ***** ********* to *** *** ***," **. ***** explained. ********* ******** **** ***** **** won't ** *** ******* **** ****** not ** *** *** ******, **** will ** "*****".
Decision ** *** **** ******
***** ********* ******* ** *** *** for ******, **** ** *** *** products *** ***, **** ** ****** ******* ****** (***-****), ***** *** ******* ***. ********* ********* ** **** *** decision ** **** *** ******** ******* on ******* ******** ******** ** ** is *** *****. *******, *********'* **** is ** ***** *** "**** ***-**-*** solution ** *** ******", ** ******* outsourcing ** *********:
**** ** *** ******** *** ***, but ** ***’* ******** **** ***********. To **, ** ** ***** ** our **’* ******** ******* ** **** in-house ** *********. ** * ******** becomes **** * *********, ** *** consider ** ***********. ** ******** ** still **** *****, ** *********** ** house. *********, ** ** * ***. The ****** **** ** ** **** out ** *** ** *** **** “end-to-end” ********* ** *** ******, ***** GeoVision’s **** ***** **. *** ******* of *** ******** ********** ** **** solution, ** **** *** ********** *** value.
Weak ********* ** *********
********* *** **** **** ** ********* itself, ** **** ****** ***** ***** integrators ** *** ***** ****** ***** Geovision. **** ** * **** **** that ******** *********'* **** ** ******* marketing ********. *********'* ********* ********* *********** over *** ***** ***** ** ********* the ********* ********* ** ****** *** marketing *******. *******, **** **** ***** Geovision ***** ***** ********* **** *********, Geovision ****:
********* *** *** *** ****, *** it ** **** *****. *** ********* in *** *********, **** **** **** Geovision *** * **** ****, ********* employees. ***** ********* *** ** **** on *********, ** ***** **** ** our ******** *** ******* **** *********.
*******
********* *** ******** ** ********* *** facial *********** ** ************ ** ** features ****** *** **** ****** *** industry. *******, ********* *** ***** ********* in *** **** ***** ** ******* continues ** ******** *** *** **** significantly ******** ** *****-** ** **** as ** *** *** ***** *** thermal ********* *********. *********'* *** ** able ** ********** ** ************* ******* to ***-***** ************* ** * ****** of *** **** ***, *** *** future *********** ***** ******* ** ** seen.
*** ******* ** **** ***** ** that ***** **** ********* ****** *** sets **** *** ******* ******* ** one *****.
**** ******* *** ***** ** *** Fry's *********** ** ********* ******* **** in ***** ** ****. **** ********* at *** **** ** *** *** with *** ******* ******.