Nio Revenue Plummets, Shuts Down Tempest DVRs
Author: John Honovich, Published on Mar 31, 2010Nio, better known by their historical brands - Dynapel and Tempest Microsystems - has turned in very poor 2009 financial results. In their Q4 2009 financial report, Nio discloses that sales plummeted from $2.2 Million USD to $900,000 USD - a drop of 59%. Equally importantly, they note that production of Tempest DVRs were discontinued in January 2010. The company reported gross margins of 30% in 2008, dropping to 14% in 2009.
Shutting down Tempest DVR production is especially noteworthy given that the company acquired Tempest in 2007. Tempest was historically a budget DVR manufacturer and a lower cost option to Dedicated Micros.
Nio's focus is now on their intelligent video / PTZ tracking solution. For an overview of this product offering, watch their introductory video.
Related Reports on Failure
Four Major Outdoor Camera Install Problems
on Jun 14, 2018
Over 140 integrators told us the top four camera installation mistakes that lead to unexpected problems and failures. Their comments often...
Stats: IP Camera Dead On Arrival (DOA) Decline, Near Zero
on Jun 01, 2018
New IPVM integrator statistics show that IP camera DoA rates have declined with zero dead on arrival units for many integrators and effectively...
Stats: Upgrading Cameras Far More Common Than Replacing Failed Cameras
on May 30, 2018
The old saying "If It Ain't Broke, Don't Fix It" does not apply here. New IPVM statistics show that 60% of cameras that are replaced still work but...
ADT Stock Drops 50% Since IPO
on May 17, 2018
It has been a brutal 4 months for ADT.
They first expected to IPO at ~$18.
They IPOed at $14, dropping immediately to $12.39
And now, not even...
Arecont CEO And President Resign
on Apr 18, 2018
This is good news for Arecont.
Arecont's problems have been well known for years (e.g., most recently Worst Camera Manufacturers 2018 and starting...
Favorite Camera Manufacturers 2018
on Mar 12, 2018
A number of major moves in integrator's favorite camera rankings for 2018:
Two manufacturers make major moves up
One major manufacturer moves...
Top Video Surveillance Service Call Problems (Statistics)
on Feb 28, 2018
In our most recent statistics series, over 150 integrators told IPVM the most common problem their customers have with their video systems....
Why 3VR Failed
on Feb 16, 2018
3VR destroyed transformed ~$65 million in VC funding into a $6.9 million exit.
The reason they failed is simple. They bet on analytics. They...
Cold Weather Dome Test
on Jan 25, 2018
Cameras frequently cite super low-temperature specs, with -30° or even -40° common. But to see how popular dome models actually handle real world...
Assa August Smartlock Pro Tested
on Nov 07, 2017
Failures and set backs in the smartlock business have been commonplace (e.g., Lockitron Admits Failure and issues from our 2017 Kevo test).
But...
Most Recent Industry Reports
July 2018 IP Networking Course
on Jun 22, 2018
This is the only networking course designed specifically for video surveillance professionals. Register now.
Lots of network training exists...
Installation Hardware for Video Surveillance - Indoor Fasteners
on Jun 22, 2018
As part of our Installation for Video Surveillance series, in this note, we cover drywall anchors. A key part of installing security hardware is...
Hikvision ColorVu Integrated Visible Light Cameras Examined
on Jun 22, 2018
When it comes to low light, infrared light has become the defacto standard in surveillance. But IR is limited to monochrome images, making colors...
'Secure Channel' OSDP Access Control Examined
on Jun 21, 2018
Despite claiming to be better than Wiegand, OSDP's initial releases did not address the lack of encryption between reader and controller, leaving...
Most Wanted Improvements In Manufacturer Technical Support (Statistics)
on Jun 21, 2018
5 key areas of improvement and 1 clear wanted support feature were voiced by 140+ integrator responses to:
What improvement in manufacturer...
GDPR / ICO Complaint Filed Against IFSEC Show Facial Recognition
on Jun 20, 2018
IPVM has filed a complaint against IFSEC’s parent company UBM based on our concern that the conference violates core GDPR principles on...
IFSEC 2018 Final Show Report
on Jun 20, 2018
IPVM attended the IFSEC show for the first time this year.
The Chinese took over the show, centered on Hikvision, flanked by Dahua, Huawei and a...
Mobotix Releases 'Move' Into 21st Century
on Jun 20, 2018
For years, Mobotix stood resolutely against, well, every other manufacturer, selling it as a virtue:
MOBOTIX equipment is designed with no...
Cybersecurity Startup VDOO Disclosing 10 Manufacturer Vulnerabilities Starting With Axis And Foscam
on Jun 20, 2018
Cybersecurity startup VDOO has uncovered significant vulnerabilities in Axis cameras along with many others not yet disclosed.
In this report, we...
Axis Guardian - Cloud VMS And Alarm Monitoring - Released
on Jun 19, 2018
Axis has struggled to deliver a cloud-based managed service video platform. Video service providers have utilized AVHS for over a decade, and have...
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.