Grandeye Major Company Restructuring

Author: John Honovich, Published on Nov 12, 2008

Last month, Grandeye, the 360 megapixel manufacturer, implemented major company restructuring. Below is a summary of what I know and feel confident in its truth. There is basically no public information available on this and everyone I talked to only spoke on condition of being off the record.  As such, be skeptical of what I report.

Grandeye Changes

A Grandeye source told me that the company is still in business and moving forward. The representatitve shared a statement with me that I have copied at the end of the message.  It does not comment on many specifics. Also, the Grandeye source would not address any of the claimed changes I list above.

I spoke with one Grandeye partner. That partner told me that Grandeye representatives were continuing to work with him and that they were continuing to move forward with Grandeye.

My Recommendations

Any Grandeye partner or potential customer should carefully and thoroughly understand the change in business operations.  It is clear that this is a very serious change and not the 10% or 20% layoff that has recently become common.

Grandeye offers promising technology that I have previously recommended. I still think the technology is promising. The products have received strong reviews from end users, integrators and manufacturing partners.

However, given the significant changes, those interested in 360 panoramic solutions should more carefully consider Immervision or the Mobotix Q22. The Q22 and Grandeye product are fairly similar. While Grandeye and Mobotix both offer panoramic cameras, Immervision offers panormatic lenses.

Final Notes

Of the many things I was told, these are the ones I feel comfortable sharing. While a number of explanations were provided to me about why this happened and how ONCAM Global is involved, I am not confident in the accuracy of these elements.

Lastly, below is the Grandeye statement (in full):

"We understand that there are some rumors circulating about Grandeye. First and foremost, we want to assure all interested parties that, while there are indeed some internal changes taking place, nothing will compromise our commitment to customers, partners and vendors.
 
Continual innovation in product development has been and always will remain the highest of priorities. This was demonstrated on October 9 when Grandeye was recognized at the 2008 Security Excellence Awards in London as "the manufacturer of a product which is  deemed to be ground-breaking in design," taking home the Security  Innovation of  the Year for its Halocam Compact IPC camera.  Grandeye beat out five other nominees, including Honeywell and Vista.

When we can elaborate with details about what's happening at Grandeye, we are confident that all our stakeholders will be as excited as we are about the future.
"

[premium_content]

2 reports cite this report:

Testing Oncam Grandeye's Panoramic Cameras (IPC) on Dec 20, 2009
For almost a decade, panoramic surveillance cameras have been promised as a 'next big thing' but has yet to meet its potential. In that last few...
Upcoming Panoramic Megapixel Camera from Scallop on Jan 08, 2009
A startup is developing a low cost 180 degree panoramic camera that could have a significant impact in real world video surveillance deployments in...

Related Reports on Panoramic

Axis IR Multi Imager Camera Tested (P3717-PLE) on Feb 18, 2019
Axis has released their first IR multi imager, the P3717-PLE, a repositionable model listing 360° IR illumination and flexible positioning,...
Axis Bad Marketing - Panoramic Commercial on Nov 23, 2018
Axis is bad at marketing. Recall last month - Axis: "No One Wants To Buy A Camera" and, more generally their 2018 production introductions. But...
Hikvision PanoVu Mini Tested (Multi-imager + PTZ For ~$500) on Aug 07, 2018
Hikvision has released their first PanoVu Mini multi imager, the PanoVu DS-2PT3326IZ-DE3, with four 1080p imagers, including a PTZ and integrated...
Panasonic 9MP Panoramic Fisheye Tested (WV-X4571L) on Aug 02, 2018
Panasonic has released their latest fisheye camera, the WV-X4571L, with 12MP sensor and 9MP resolution, claiming "extreme image quality" under...
Panoramic Fisheye Camera Shootout - Avigilon, Axis, Dahua, Hanwha, Hikvision, Oncam And Vivotek on Jun 27, 2018
IPVM tested Avigilon, Axis, Dahua, Hanwha, Hikvision, Oncam And Vivotek 12MP panoramic fisheye cameras head to head, as shown in the test setup...
Dahua 12MP Fisheye Camera Tested (NK8BR4) on May 16, 2018
Continuing our coverage of 12MP sensor fisheye cameras, we bought and tested the Dahua NK8BR4, examining: Default vs. Optimized...
Axis 12MP Stereographic Camera Tested (M3058-LVE) on May 10, 2018
Axis has released the M3058-PLVE, a 12MP sensor, stereographic panoramic camera and Axis' first with integrated IR claiming images "sharp to the...
Vivotek 12MP Fisheye Camera Tested (FE9391-EV) on May 08, 2018
Next in our 12MP fisheye camera evaluation, we bought and tested Vivotek's latest generation FE9391-EV, a new model claiming improved smart IR...
Avigilon 12MP Fisheye Camera Tested on May 03, 2018
12MP fisheye cameras have become mainstream, with nearly every major manufacturer offering their take on this segment. To see how these new higher...
ISC West 2018 Best and Worst on Apr 16, 2018
ISC West 2018 had strong attendance, modest overall new products, and a surge in Artificial Intelligence marketing. First, here are 20+...

Most Recent Industry Reports

Hikvision Admits USA Sales Falling on Apr 22, 2019
Hikvision, in a new Chinese financial filing, has admitted that its USA sales are now falling. Less than a year after the US government passed a...
Speco Ultra Intensifier Tested on Apr 22, 2019
While ISC West 2019 named Speco's Ultra Intensifier the best new "Video Surveillance Cameras IP", IPVM testing shows the camera suffers from...
Arecont Favorability Results 2019 on Apr 22, 2019
Arecont's net negativity remained the same in IPVM's 2019 integrator study, though integrator's feeling became relatively more neutral compared to...
H.265 Usage Statistics on Apr 19, 2019
H.265 has been available in IP cameras for more than 5 years and, in the past few years, the number of manufacturers supporting this codec has...
ACRE Acquires RS2, Explains Acquisition Strategy on Apr 19, 2019
ACRE continues to buy, now acquiring RS2, just 5 months after buying Open Options. One is a small access control manufacturer from Texas, the...
Access Control Course Spring 2019 - Last Chance on Apr 19, 2019
Register for the Spring Access Control Course. IPVM offers the most comprehensive access control course in the industry. Unlike manufacturer...
Riser vs Plenum Cabling Explained on Apr 18, 2019
You could be spending twice as much for cable as you need. The difference between 'plenum' rated cable and 'riser' rated cable is subtle, but the...
Verint Victimized By Ransomware on Apr 18, 2019
Verint, which is best known in the physical security industry for video surveillance but has built a sizeable cybersecurity business as well, was...
Milestone Drops IFSEC on Apr 18, 2019
Milestone has dropped out of Europe's largest annual security trade show (IFSEC 2019), telling IPVM that they "have found that IFSEC in EMEA no...

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