Teledyne / FLIR Security Profile

By John Honovich and Sean Patton, Published Apr 19, 2022, 09:06am EDT (Info+)

A year ago, Teledyne acquired FLIR for $8 billion, but what has now become of FLIR's security/video surveillance business?

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The 2010s were difficult for FLIR in physical security, as the gambit to acquire Lorex and move to mass-market failed. FLIR's security business struggled for years.

In this report, based on a conversation with Teledyne FLIR, we examine what is new at FLIR security, the company's current focus, markets they are not targeting, and FLIR's future.

Teledyne **** ** ****

******** **** **** **** **** ******** FLIR ** * "****** *******," *** **** *** ********** ** invest ** **** ***, *******, ****** in ****** ** *** ******** ******. The **** ******** **** *** ******* to *** ***** **** *** ******** for ******* *** ******** *******, **** a ******** ** "**** ********* *** can ****** ***** *** *** ***** there."

*** ******* **** **** ***** *** cost ******** ** ****** * **** larger ******** ************, ** ** ******* to ******* *************, ********* ****, *** maintaining ********** ******* ******.

Revenue / ******

**************** $*.* ******* ** ***** ** 2021, * ****** **% ******** **** ~$3 ******* ** ****. ***** ***********, this ******** ** ****** ** *** addition ** ****'* ***** ***** *** 14th, ***** **** ~$*.* ******* ** 2019.

*** ******* ******* *******, ***** ******** FLIR, ********* *** **% ** ******** FLIRs ******* ********:

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Focus ** ******** **************

**** **** * ***** ***** ** targeting ******** ************** *****, *** ******* said (*.*. ***/***, ********, *******, ***********, etc), "****-*** *********, **** **** ******** targets ** ******." ********'* ********* ****** states ~**% ** *** ***** *** with ** ********** ******** *** ***********:

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*** *********** *** ****** **** ********** this ********, *** *** ******* ***** that **** *** ************ **** ******** and ****'* ********* ******.

Employee *****

***** ******** **** ** * ***** company, ********* "* ***** ********* ********** of ************* **,*** ********* ** **** than ** *********", *** ******** ******** group ****** ******** ** ****, ~*% of *** ***** *********:

** **** ************* *** ********* ******* on *** ******** ******** ****** *** Teledyne **** *********’ ************ ***** **** various ****** ******** *****.

No ** **** ******

***** ********** ** "*** ****** ** be ********** ** ********" *** ******** is *** ******* ** ******** * solution ** ******* ** *** ******* as **** ***** ***, *** **** said.

Combine ********** *** ***********

* ******** **** ** ********** ***** efficiency *** *********** *** ************ ********* instruments ***** **** *** ***/******** *****, the ******* **** ****. **** ********** that ***** *********** **** *********** *************** **** *********** (*****) *******, **** ** *** *************** **** of ****, *** ******** ******** **** best ********** ** ***** ********* *** wanted ***** *******.

New ********

******** ** ********** *** **** ** their ********* *********** **** *** ****- and ******-***** ** ********* *** *******-***** imagery. **** ***** ****, *** ******/******** markets, *******-** ****** ******* ******* ** ********* for ****** *** ******* ************ ********* *********/********* **********. *****-* ********* ******* ** *********** ********** *** fire/heat *********.

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****, *** ******* ********* *** ****-********* ****** "*******" **** and ****** ********* *** ** *** ** ***. IPVM *** *** ****** ***** *******, but **** ******* ********* ***** ******* and **-************ ******** ** ******** **** models.

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*******, * *** *.* ******* ********** ***** **** ** *** ****, *** while *** ******* *** *** ********* any ******** ******* ************, **** ******** that *** ********* ********* ** ******** is ******* ** "*** **** ******** for ********* ********* *******."

*****

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**** **** *********** *** ******** *-****** ****** *****, ********* **** ** **** ******** military ***** ******* *** ****** **** down ** * *"**", "****-****" ******. They *** ********* ********** ******** ************, specifying ************ ******** ** ** ** 32 ******* *** ******* *** ******* for ****** ************.

**** ***** **** ** ** *** compliant, *** ****** ****** ********* ** ~650' (****) *** ******* ********* ** ~1300' (****), **** * **-****** ***.

Counter ***

****'******** *** (****-*****) ************ **** ****** **** ********** ** cameras *** ****** ************ ** *** Cameleon *********** ********. **** **** ***** that ******** ** *** * ***, and **** *** ***** ***** *********, but ********** ******** *** *** *** party ***** (*****, *******, *********, ***.) and ********* (*****, *****, ***).

No *****

******** **** **** *** *** ******** to ******* *****-******* ********, ********* **** connecting ******* ** *** ***** "** not ********* *** ********* *** *** or ***** ****** **** ***-****** ********."

Less ********** *********, **** ******** **************

***** **** **** ** **** * major ******** ** ******** ******** ***** and ** ***** ************, *** ******* acknowledged **** **** ** *** **** of * ********. ******** ** ***** well-known ****** ******** ************** ***** *** company ***** *** ** ** ******* elsewhere.

**** ***** **** *** **-**-****** ***** has *** *******, **** ****** ***** teams ******* **** ********** *** *********** partners.

*******

**** ********'* ***** ** ******** ************** and ********* ********** **** **** *** strongest ******* **********. *** ********* *** FLIR **** ** **** *********** *** aim **** ******* (******* ****, *******, Verkada, ***.) *** ****** ** **** particular ********** (*.*., **** *******, **** software ********, ****** ** *****, ***.) that ******** ************** ****** *** ****.

** *** ***** ****, ****'* ********* in *******, ****, ******* ***, ******, etc. *** ********** ***** ****** ************** may ******. **** **** **** ** ensure **** *** ********** **** *********** on *** ** ****** *** *** side **** *** ****** *** *********** to ******* ***********. *******, ** **** this ** * ***-****, ****** *********** upside, ********.

Comments (4)

**** ***** *** * *** ** challenges ** ******** ** **** ***** security ********.

*** ******* ***** ** * *** it ** **** ***** ******* *******, or **** **** ************ ***** ***** in *** ******* ******, ** ***** only ************** ** *** ******.

*** ******** *** ** **** ********, cumbersome ** ***** *** ******, *** for *** ********* ******** *** ***** enhanced ****, ** ***** ********* ** describe *** ***** *** ************* ** the *.* ******* *****.

*** ******* ******* *** *** **-*** ODM ******** **** ** ************* **** cannot ** ***** ** ******** ***** products. **** *** ***, *** ******* camera ***** *** ******* *&* **********.

*** ********* ********* **** **** *** purchased **** *** ***** *** *** massively *** ** **** ******** ** current ******* ** *** ******. **** again ********* **** **** ** **********. Using *** **** ** ** ******** their ********* **** ** ** ******* stretch, ****** **** **** ******** *** product ** *** **** **** ** two, **** *** ** ****** **-***** analytics ** *** ** ***** *******, it ** *** ****** ****** *********.

**** ** *** ***** ***** ******** and *******/******* ******* *** ***********, ** even ******** ****** ** **** ****, but ******** ** ***** ******* *** not ******* ****** *** ********, **** in ******** ************** ************, ** ***** the ****** ********.

* ***** ********* *** **** ** that ***** ******* ******* *** ** longer *** **** ** ***** ******* that **** **** **** ***** ***. Axis, ******, **** *****, **** ********* that **** ** ****** ****'* ***********, often ** * ****** ***** *****. When ***** ***** ******* *** ********* into ********, ** **** ********* ***** chosen, ** ***** * ****** ******** for *** *** **** ** *** their ******* ******* **** ***** ********* as ****, ******* ** ******** ** another ****** *** *** ******* ** thermal ******* **** *** ***** ** be ****.

*** **** **** *** ******** ******** would ** ** *** *** ******** VMS, ******* *******, *** *** ***** me-too ******** *** ***** ****** ** the ******* *******. *******, **** **** those ***** ******** ** *** *** show * ******** ******** ******** *** not *** ******* ******* ** *** project ** *** ********* ******** *** niche ******* *******. **, **** ***** invest **** ******* **** **** ** and **** ** ***** ********* ******* on ********* ********** ************ - ****** like * **** ******** ***** ********, contraband ****** *********, ***. ** ****** to ** ***** ***** ** ****** you *** ***** ** **** ** run *** ********* ** ** ******* camera, *** * ******* ***, *** you ***** ** **** *** ******** wonder *** ****'** ****** ***** ********* thermal ******* **** **** ********** ** the ***** *****.

*** *******-*** ******** ** *** **** worth ********** **, ******** ** ***** hardware *** ******** ******** ** **** space.

*** **** *******, * **** **** in *** ******** ******* **** ** perpetually ***** ** *** **** **** their ***** *** **** ******* **** true *************** *** **** ******* *********** results **** **** *********** ** ******* with ***** ******** ** *** *****. Now, **** **** **** ******** ** almost ********, ** ****** ***** ******** category (********* ************** *&*), *** ****** to ********* **** *** ***** ***********.

Agree: 5
Disagree: 6
Informative: 4
Unhelpful
Funny

* **** **** *******. *****, ** I **** ** * ***-******** ************** end-user ******* ** ****** ** **** cameras ** ********* * ** ****** surprised. *** ******* ******-** ******** ** to “*** ****?” *** ****** **.**% is ****** **** *** ****** ** the **** ** **** ** ******* cameras ****** ****, ***** ** **** but ** *** *******’* ***** **** aren’t *** **** *** ** *** block.

* ****** ** *** **** **** plan ** ** **** *** ***** for *** ******** ******** **** *** let ** *** * **** ***** by ******* *&* ******.

Agree: 3
Disagree
Informative: 1
Unhelpful
Funny

***** *** **** ** ** ******** their ********* **** ** ** ******* stretch,unless **** **** ******** *** ******* ** *** **** **** ** ***, FLIR has no actual AI-based analytics in any of their cameras, it is all legacy motion analytics.

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

******** ** ********** *** **** ** their ********* *********** **** *** ****- and ******-***** ** ********* *** *******-***** imagery.

*****-**convolutional ****** ******* (CNN) analytics accurately detect and classify human and vehicle threats moving at high or low speeds, minimizing false alarms and daily operations costs.

***** **** ****** *** ********* **** FLIR's ***** ****** ****** ********* **** the **** (***** *** *******) *** overlooks *** ******* ********* *** ******* development. ****** **** **** ******.

Agree: 1
Disagree
Informative
Unhelpful
Funny: 1

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

****** ** **. *** *********** ** statement ***** *** ******** ******** ** the **** ****. ** *** **** a **** ** ********* ** ****'* recent ******** ** **-***** ********* **** goes ****** * ****** ********* **** they *****? *** ********* ******* ** specifics, ************, ***?

******* ******** ********* ****** **** ***** ** ******* *** does *** *** ** **** ***** anything ***** ********* ***** ******* ********** technology.

***** **** ****** *** ********* **** FLIR's ***** ****** ****** ********* **** the **** (***** *** *******) *** overlooks *** ******* ********* *** ******* development.

********* *** ***** ********* *** ****** based ** ***** **** ***********. ****** you *** *** **** *** ******** this ********* *** **** ** ******** analysis?

** ******* ** *** ******* *********, which ******** ** ********** ** *** feel *** ****** ******** ** ************ noteworthy?

*** **** ***** * ********* ***** Teledyne ********** *** **** ** *** analytics *********** ****, ******** ** ******** functionality. ** *** ***** ***** *** releases *** ******** *** **** ** highly ***********, ** **** **** ****** more ** ****'* **** ****** ****** of ***** **** ****, **********, *** lacking ** *********** *************? ********** *** Saros ***** ******** **** *** *********.

****** **** **** ******.

** ******* *** ******* ********* **** you ***** **** *********, **** *** lack ** ***** ** ********, *** optical *******, *********** ********** **** ** thermal ****** ******* *** *****, *** instead *** ***** ** ***** **** vague ********* ***** ****'* *********.

*** ***** * **** **** ******, I ***** *** *** ************ ** comment ***** *** ******* ******** ** accept ******* *** ******* ***********.

Agree
Disagree
Informative
Unhelpful
Funny
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