Revenue Decline Continues in 2010

Author: John Honovich, Published on Nov 24, 2010

As the market shift to IP cameras continues, incumbent DVR leader Dedicated Micros struggles lengthen. Significant revenue declines in 2008/2009 have extended into 2010. According to UK Government Records, Dedicated Micros revenue continued to shrink in the most recent reported period concluding June 30, 2010. Compared to 2008/2009, revenue was down 11.6% to 54.4 Million GBP (roughly $85 Million USD at today's exchange rates), down from 61.5 Million GBP. Prior to 2008, revenue was above 70 Million GBP.

By territory, revenue in the UK was only down about 6% to 23 Million GBP but in the rest of Europe revenue plummeted nearly 50% to 4.2 Million GBP.

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