Pivot3 2009 Revenue Growth Examined

By: John Honovich, Published on Feb 22, 2010

Pivot3 has self-announced their 2009 revenue growth - a very high growth rate of 300% compared to 2008 revenue. In an email, Pivot3 clarified that all Pivot3 2009 revenues were from surveillance. They cite gaming, transportation and government as key verticals. They also note that this year they will, "be launching smaller capacity solutions for retail, education and corporate environments."

Pivot3 did not disclose absolute revenue size so it's difficult to determine how impressive this growth rate was and what is says about the larger market.

In a related note, Pivot3 released an announcement citing IMS ranking them as having the "2009 top market share position in the global market for IP SANs used for video surveillance." Readers should note that estimating such rankings is difficult as most large storage providers (EMC, IBM, etc.) are unlikely to be able to precisely break down their sales into video surveillance. There are a few direct video surveillance focused competitors including DDN, DNFIntransa and Overland. The most well known, Intransa, has been pursuing a strategy away from selling SANs and to providing appliances. A significant portion of DNF and Overland's sales are from NAS and would not fall under the same segment as Intransa's IP SAN offerings.

1 report cite this report:

$25 Million Series D Round Examined on Mar 01, 2010
In March 2010, Pivot3 announced a $25 Million Series D Round (confirmed by Pivot3's press release and in its SEC filing). This follows a $25...
Comments : PRO Members only. Login. or Join.

Most Recent Industry Reports

ONVIF Suspends Huawei on Sep 20, 2019
Huawei has been 'suspended', and effectively expelled, from ONVIF so long as US sanctions remain on the mega Chinese manufacturer. Inside this...
Open Access Controller Guide (Axis, HID, Isonas, Mercury) on Sep 19, 2019
In the access control market, there are many software platforms, but only a few companies that make non-proprietary door controllers. Recently,...
Axis Perimeter Defender Improves, Yet Worse Than Dahua and Wyze on Sep 19, 2019
While Axis Perimeter Defender analytics improved from our 2018 testing, the market has improved much faster, with much less expensive offerings...
Directory of 68 Video Surveillance Startups on Sep 18, 2019
This directory provides a list of video surveillance startups to help you see and research what companies are new or not yet broadly known. 2019...
Uniview Prime Series 4K Camera Tested on Sep 18, 2019
Is the new Uniview 'Prime' better than the more expensive existing Uniview 'Pro'? In August, IPVM tested Uniview 4K 'Pro' but members advocated...
US Army Base To Buy Banned Honeywell Surveillance on Sep 17, 2019
The U.S. Army's Fort Gordon, home to their Cyber Center of Excellence, has issued a solicitation to purchase Honeywell products that are US...
Vivotek "Neural Network-Powered Detection Engine" Analytics Tested on Sep 17, 2019
Vivotek has released "a neural network-powered detection engine", named Smart Motion Detection, claiming that "swaying vegetation, vehicles passing...
Schmode is Back, Aims To Turn Boulder AI Into Giant on Sep 16, 2019
One of the most influential and controversial executives in the past decade is back. Bryan Schmode ascended and drove the hypergrowth of Avigilon...
Manufacturers Unhappy With Weak ASIS GSX 2019 And 2020 Shift on Sep 16, 2019
Manufacturers were generally unhappy with ASIS GSX, both for weak 2019 booth traffic and a scheduling shift for the 2020 show, according to a new...