H2 2010 Financial Results Examined

Author: John Honovich, Published on Mar 10, 2011

IndigoVision's financial results through Jan 31, 2011 show that the company's financial performance continues to lag the overall IP video market. While the company's growth rate increased from 6% in their year end 2010 financial results to 25% in the recently released 2011 Interim results, that increase (and overall growth) remains below the overall market.

Let's start by reviewing key data points from the new results:

  • ***** ******* *** *** * ****** *** ** ******* *** (equivalent ** ~$** ******* ***) ** **% **** **** ****
  • ******: **** ********* ** **%, ******** ** **%, **** ** 13% (**** ** ***** *******, **** ******)
  • ***** ******* **** **** **% ** **%; ******* *****: "*********** pricing ********** ** **** ** *** ******* *** * ********** shift ** *** *** ** ***** ******* *******"
  • ******** *** ******** ******** ******** *** *, ****. ********** '********* software ********' **** ******** ** ** ********** ******. **** *** be *********** ** **** ***** *** ** ****** *********.

***** *** ******** ** ****** **** ** ********* * ******** sign, ** *** **** * ******, ************ ***** ****** *** world **** ******. *** ******** ******************, ************* ****** ***********, ****** ** **% ****** *****. ** suspect **** ************ ** ********** ****** ****** *****.

************, * ****** ** '*******' ** ***** ********* *** **** been ******* **** ******** **** *** **** *** ***** *** on *** ***** (** **** *******) ********* ************'* ******* ***** (yearly **** ** ~$** ******* ***). **** ********* ******* *******, Avigilon, ****** *** ********* (*** *** *** ***** $** ******* annual *******). **** ** *********** ** **** * *** ***** ago, ************ *** * ******** **** **** ***** *********.

** *** ******** ****, ************ ** *********** *** ******** ******* for *****. *** **** ** ***** ***** ** ****** ******* has **** * ******* ********. **** *** **** ****, ** ONVIF ******* *******, **** ****** **** ******* **** ******** *******.

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

Exacq M Series Low Cost NVR Tested on Oct 12, 2017
With recent cyber security issues hitting NVRs and cameras from low cost leaders Dahua and Hikvision, users are increasingly seeking alternatives...
Bosch Divar NVR Tested vs Dahua on Oct 05, 2017
Bosch has a partnership with Dahua. But what type of partnership is it? How much is Bosch's own vs taken from embattled mega-OEM Dahua? We bought...
Last Chance October Camera Course Registration on Oct 05, 2017
This is the last chance to register for the October Camera Course. Register now. Learn video surveillance and get certified. IPVM provides live...
Geovision Doorstation Tested (CS1320) on Sep 12, 2017
Geovision has released the GV-CS1320 door station, priced at a fraction of others, with additional bells and whistles like a built in card reader,...
Dahua and Hikvision Entering Access Control on Sep 05, 2017
Until now, Chinese video giants Hikvision and Dahua have held back releasing access internationally. Both companies have now pulled the trigger,...
Hikvision Backdoor Exploit on Sep 03, 2017
Full disclosure to the Hikvision backdoor has been released, allowing easy exploit of vulnerable Hikvision IP cameras. As the researcher, Monte...
DoorBird D101 Tested Vs Ring and Axis on Sep 01, 2017
Video doorbells are a big growth market, with Ring, in particular gaining a lot of attention on the consumer side and Axis making a push on the...
Ubiquiti FrontRow Camera Tested on Aug 24, 2017
Ubiquiti is famous for low-cost wireless network equipment, a common choice for wireless video surveillance applications. The company has expanded...
IP Camera Specification / RFP Guide 2017 on Aug 14, 2017
RFPs are hard. Do them 'right' and it takes a lot of knowledge and time. Do them 'wrong' and you can be (a) unwittingly locked into a specific...
ONVIF Releases Profile A for Access on Aug 08, 2017
ONVIF has struggled so far in access control. In 2014, ONVIF released Profile C for access control, but in the 3 years since, only 2 companies...

Most Recent Industry Reports

Buy From B&H, Ship Direct From ADI on Oct 16, 2017
B&H, one of the largest online sellers of video surveillance equipment to end users, regularly purchases their video surveillance equipment...
Competing Against Siemens on Oct 16, 2017
Siemens entered the integration business with 15,000+ customers, through their acquisition of Security Technologies Group in 2001. Since that time,...
Geovision GV-EDR2100 Tested Vs Hikvision on Oct 16, 2017
A number of ADI's top selling IP cameras are, at least surprisingly to us, from Geovision. We recently bought and tested the Geovision EDR2100...
Top Problems Searching Surveillance Video (Statistics) on Oct 13, 2017
When crimes, accidents or incidents happen, the video surveillance system is a key component in finding out and proving what actually...
Exacq M Series Low Cost NVR Tested on Oct 12, 2017
With recent cyber security issues hitting NVRs and cameras from low cost leaders Dahua and Hikvision, users are increasingly seeking alternatives...
Long Time Industry Exec Leads New Security Franchise Offering on Oct 12, 2017
John Nemerofsky previously built and sold a $150 million dollar integration business, and then was VP of Niscayah from its spinout of Securitas,...
PoE Powered Access Control Tutorial on Oct 12, 2017
Powering access control with Power over Ethernet, like for IP cameras, has become increasingly common.  However, the demands for access power are...
Knightscope Rockets To $20 Million Funding on Oct 11, 2017
Knightscope is celebrating. 15 months after running over a child and 3 months after a Knightscope robot drowned, Knightscope is having the last...
Avigilon / Canon New Lawsuits, No Settlement on Oct 11, 2017
In July, Canon sued Avigilon, a notably rare move amongst major players in the industry, including Canon's subsidiaries Axis and Milestone. At...
Surveillance Systems Remote Access Usage Statistics on Oct 11, 2017
Remote access is a major benefit and risk for video surveillance. It is a benefit because it allows users to manage security or review...

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