IndigoVision's CEO Resigns / Removed

Author: John Honovich, Published on Dec 11, 2011

UK IP video surveillance manufacturer, IndigoVision, has announced that its founder and long running CEO is stepping down. This comes in the midst of IndigoVision's challenges to match the fast growing pace of the overall IP video segment. Inside, we examine the resignation, IndigoVision's most recent financial results and prospects for the future.

We asked IndigoVision why their CEO was stepping down. Their response was: "The Board wanted to change the management structure and offered Oliver deputy Chairman which he declined and chose to step down. IndigoVision has been revamping it’s management processes.  The Board really wanted to retain Oliver and that he chose to leave is in the normal course of a company’s development.  There is a depth of experienced professional management in place and highly motivated teams able to continue the growth of the company Oliver founded. He remains the largest shareholder."

******: *** ****** *** ******* * ******** ************* ** *** ****** ***, “* *** ********* ** *** ******* * *** *** ***** ***********." **** ***** *** ********** of * ******** **** **** *** *******'* ******** ********.

**** *** **** * *****, **** ************'* ***** *************** ******* ********** **** ****** ****. **** **** ****** ***** ****** ******* which *** ******* ******* ** ******* **** *** **** **** period (*.*., ****'* ***** ***** ************** ******* *******). ** ********** **** ********* **** ** ************** ***** *** * ****** ** ********* **** *********** ************'* revenue ** **** ******.

****** ********* ***********

** *** *** ** ********, ****************** ******** ********** ***** ********* ***********. ************, ************ ********** *** ** *** their **** ********** ******* ****. *** ******* *** **** ** significantly ***** ***** ******* *** *** ******** *****. *******, ******* growth *** *** ******** *************.

******* *** ********

***** *** ******* ** ******* ************* ******* ** **** **** operations, *** *** ********* ** *** ** ******* ***** *** line *** ******* ***** ****** ***** ** * ******* **** is ********** ** **** ********. *********** ************ **** *** ** sufficient ** ******* ****. ********* *** ******* ********'* *********** ******** will ** ***.

** ***** ************ ***** ***** ******* **** *** ******. ***** they ******** ** ******** *********, **** ***** **** **** *** spending $* ******* ******** ** *&*. *** * ******* **** revenue ** *** ~$** ******* *****, **** ** * ***** percentage.

** ***** *** *** ******* ********* *** ************ ** **** how **** **** *********** *** ** ***** ************ ****** *** become ** *** **** * *****. ***** ************ ****** ******* products, *** ******* ** ************* **** *** *** ***** ** products ** ********** ***. ** ******** *** *** *******:

  • ********* ** ******* **** *** ***** ** *** ********.
  • ******** ** ******* ******** ** **** ***** ******. 
  • **** *** **** **** *********** ** ********** ***** ***** ** cameras *** *** ********.

** *** **** **** ******, ************ *** **** **** *********** enhancements ** *** ******* ********* *** *** ** * **** that ******* ******** *******.

*** ***** ** **** ************ ***** **** **** ** * niche ****** **** ***** **** *********** ** ******* ******* ** large ******, ******* ******** ***** *** **** *** ***** ** an *** ** ***, ********* ******** ** *******.

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

Anixter - Falling Video Prices on Jul 26, 2017
Falling video prices are such a concern that it has become a notable topic for Anixter's financial results and Anixter's executives. In this...
Hikvision H.265+ Bullet Tested (2035) on Jul 24, 2017
Continuing our tests of Hikvision's new low cost Value Plus line, we bought and tested the 3MP DS-2CD2035FWD-I, now including H.265+. We shot the...
March Networks Company Profile on Jul 17, 2017
March Networks was one of the most well-known video surveillance manufacturers of the 2000s. In 2012, March was acquired by Chinese / American...
Nest Cam IQ Tested on Jul 10, 2017
Nest has released their latest entry in their camera line, the Nest Cam IQ, touting 4K "Supersight", facial recognition, "HD audio", invisible IR,...
Hikvision Stock Surges - Doubling In Past Year on Jun 29, 2017
Hikvision's stock, on the China Shenzhen stock exchange, has more than doubled in the past year, vaulting the company's worth to an astounding (for...
Uniview Low-Cost Bullet PTZ Tested on Jun 21, 2017
Uniview is offering a HD zoom bullet camera, the IPC742SR9-PZ30-32G, with an integrated pan / tilt positioner, for the price of a low-cost...
Axis P3225 Mk II Tested Vs. Original on Jun 20, 2017
Axis has released a number of 'Mk II' versions of their cameras, which are the same fundamental camera but with specific improvements. We tested...
Axis 20MP Q1659 Camera Tested on Jun 13, 2017
Axis has joined the super high resolution camera trend with their Q1659, a 20MP model equipped with Canon's APS-C sensor. We tested the Q1659...
Avigilon Announces New Lowest Cost Camera (Mini Domes) on Jun 06, 2017
Avigilon's first Micro Dome (see IPVM's test) is now 4 years old. Since that time, low-cost fixed focal Chinese manufacturer dome usage has...
Manufacturer Revenue Directory on Jun 05, 2017
This report contains data on the revenue of 32 security manufacturers, trend analysis of whether they are gaining or losing ground and commentary...

Most Recent Industry Reports

$28M Drone Detection Startup Examined (Dedrone) on Jul 25, 2017
Dedrone has received ~$28M in funding to build what they call an "automatic anti-drone solution", a system to detect drones, and then automatically...
Dahua Suffers Second Major Vulnerability, Silent on Jul 25, 2017
Less than 3 months ago, Dahua received DHS ICS-CERT's worst score of 10.0 for their backdoor. Now, Dahua has received another 10.0 score for a new...
Hikvision H.265+ Bullet Tested (2035) on Jul 24, 2017
Continuing our tests of Hikvision's new low cost Value Plus line, we bought and tested the 3MP DS-2CD2035FWD-I, now including H.265+. We shot the...
Sports Stadium Security Design Recommendations on Jul 24, 2017
Sports stadiums pose many challenges for designing security systems. The facilities vary from being mostly vacant, to packed with tens of thousands...
Competing Against Convergint on Jul 24, 2017
No integrator is more aggressively expanding than Convergint Technologies. Owned and funded by private equity firm KRG, Convergint has acquired...
Security Robots Are Just Entertainment on Jul 21, 2017
Great entertainment, no real security value.  That is the happy (or sad) state of security robots in 2017. Knightscope robot's drowning, the...
Wireless Burglar Alarm Sensors Guide on Jul 21, 2017
Wireless sensors for burglar alarm sensors are an increasingly common option for the historical labor intensive wired alarm systems. However,...
Competing Against ADT on Jul 20, 2017
ADT is one of the biggest players in the security industry, with ~$4 billion revenue. In 2017, they were acquired / merged with Protection...
Hikvision Launching Deep Learning Recorders on Jul 20, 2017
Hikvision has become a common choice for super low cost NVRs. Now, Hikvision is aiming to move up market, with deep learning NVRs that claim far...
PR Campaign Exploiting Manufacturer Cybersecurity on Jul 20, 2017
Manufacturers increasingly have a bulls-eye on their back. As cyber security solutions providers grow, they realize a great way to get publicity...

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