Pelco's Financial and Strategic Status Examined

Author: John Honovich, Published on Mar 27, 2010

In a March 2010, Pelco's CEO discussed their falling financial results and their efforts to transition to IP video surveillance. Key comments made in the article included:
  • Pelco "put a plan together well before the end of 2008 for 2009 and of course we fell short of that"
  • "Obviously our sales decreased. But they were very consistent with a lot of other public companies within our industry." As we examined in our IP rebounds, analog sinks report, 10-20% revenue declines were common for analog CCTV manufacturers.
  • Financial results were in line with parent company. According to the Schneider Electric 2009 annual report, total revenue dropped approximately 15% in 2009. 
  • Pelco was "hit harder in the mature economies."
  • "Everybody considers us the legacy elephant who can’t move to get to IP"
  • Pelco projects 2010 revenue is going to be flat: analog decline to be offset by IP increase
  • "2009 rocked a lot of companies in our industry. People have had to dig deep, reset expectations, reset expenditures."

1 report cite this report:

Pelco's All-HD Gambit: Who Wins? Who Losses? on Mar 27, 2010
In a much publicized move, Pelco's booth at ISC West was 'all-HD': HD fixed camera, HD PTZs, HD monitors, HD NVR appliances, etc. Even in an...
Comments : PRO Members only. Login. or Join.

Most Recent Industry Reports

2Gig Gun Lock / Motion Detector Tested on Aug 17, 2018
Safer guns for families and an opportunity for security dealers to sell more services? That is the aim of Nortek's 2GIG 'Gun Motion Detector'...
Video Analytics Integration Guide on Aug 16, 2018
Video analytics is hot again (at least conceptually) but integrating video analytics with VMSes can be challenging. This is especially significant...
Hikvision IP Camera Critical Vulnerability 2018 Disclosed on Aug 16, 2018
The same day that the US government passed a prohibition on Hikvision cameras, Hikvision disclosed a critical vulnerability for its IP...
ISS VMS / Video Analytics Company Profile on Aug 16, 2018
Who is ISS? In the past few months, they had one of the craziest ISC West promo items in years. Then, they hired industry veteran and ex-Dahua...
Chinese OEM Avycon Gets ADI Push on Aug 15, 2018
Who is Avycon? An American company? A Korean company? A couple of guys relabelling Chinese products? The latter is the best explanation. While...
Backboxes for Video Surveillance Tutorial on Aug 15, 2018
Backboxes are a necessity in surveillance, whether for managing cable whips, recessing cameras, adding wireless radios. But it can be confusing to...
Genetec Stratocast / Comcast 'Motion Insights' Examined on Aug 15, 2018
Comcast recently announced "SmartOffice Motion Insights", an extension to their Genetec OEMed cloud video service (covered by IPVM here). This...
SimpliSafe Violating California, Florida, and Texas Licensing Laws on Aug 14, 2018
IPVM has verified that DIY security system provider SimpliSafe, founded in 2006 and acquired in June of 2018 at a billion dollar valuation, is...
Ban of Dahua and Hikvision Is Now US Gov Law on Aug 13, 2018
The US President has signed the 2019 NDAA into law, banning the use of Dahua and Hikvision (and their OEMs) for the US government, for US...
Cut Milestone Licensing Costs 80% By Using Hikvision and Dahua NVRs (Tested) on Aug 13, 2018
Enterprise VMS licensing can be quite expensive, with $200 or more per channel common, meaning a 100 camera system can cost $20,000 in VMS...

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