Vivotek Revenue Soars 2019

Published Aug 05, 2019 14:55 PM

Vivotek's revenue has soared so far in 2019, growing 45%.

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Inside this note, we examine import records and see who is driving Vivotek's growth and what newest Vivotek customer is just about to come online.

We also contrast Vivotek's growth to other Taiwan video surveillance manufacturers, revealing a noteworthy difference.

Executive *******

******* *** ~$*** ******* *** ** 2018 *** ** ** **** ********* to ** ~$*** ******* ** ****. That's * ***** ******** ******** *** video ************ **** **** ~** ****** large ********* ***** **** **** ****.

*************, *** *** *** *** ********* for ******* *** *** ****** ****** providers ****** *** *******. ***** *** true **** ** **** ****** *** Verkada ******* ***** *** ******** *** software.

******* **** **** ** ******* ** new *** ******** ********* *** ** adding *** '** ******' ** **** the ** ******* *** **** ** cameras **** *** *** ****** ** the ** ********** (****** *** **** *****, ******** ********* **** ** ***** this ** ******).

Importers *********

*****,**** *** ****** / ***********, ** * ********* ** *******'* top ** ********* *** *** **** 12 ****** (****** **** ** **** 2019):

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**** ** ***** ** ******, *** dollar *****, *** ******* ***** *** their *** ********* ***.

******* **** ************ *** **** ****, shows *** ******** ****** *** ******* sales **** **** **** ******* ********* more **** *******'* *** ******* ********:

IPVM Image

*****, **** ** ***** ** ******, not ****** *****. **** **** ****, it **** ********** *******'* ***** ******, as *** ******* **** ******* ******* in *** **** * *****.

Newest *********

********* *** **** ********** ** ******* entirely ** ***** *** ** ****** OEMing. ***, ********* ** ****** ******* too. ***** ********* ******** ** *******, our ****** ** ***** ********* ********* ***** ** ** ** exact ********** **** ** *******'*.

IPVM Image

** ****** ** *********'* ***** ******* size, **** ******* ** ***** ******* OEM, **** ****** ** **** *** Vivotek's ********.

Branded ******* ******** *** ******

***** ******* ** ***** **** **** ODM *** *** *****, ***** ******* business, ** ***** ** *** ***, does *** **** ** ** ******. While ******* ******** *** ****** **** aggressively ***** ********* ** *******, *** NDAA, ***. ******* *** *** ****** invested ** ******* * ******* **** of *********.

** *** *** ****, ** ** a *** *********, ***** **** ** a ***** *********** *** ******* ** build *** ******* ********. ** *** other, ******* ** ********* ***** ***** well ************* *** ****** *** ***** such ********* ****** **** ***** ********* do *** ******* **** ****.

Taiwan ************* ***** **********

******* ** *******,********* *********** ***** ****** ************* ***** ******:

  • ********* ******* ** **** **.*% ** H1 ****
  • ********* ******* ** **** **% ** H1 ****
  • **** ******* ** ** *.*% ** H1 ****, ****** **** *** **** being **% *** *** ***** * months *** **** *** ***** ********* the **** ** ** ****

********* ** *** *** **** **** surprises ** ***** ********* *** ************ been ** *** ** *** ******* situation ****** ** ********* ** ****.

*******

** *** ****** **** ** *** witnessing ** ******* ** ******* ********* (e.g., ****** *** ******* *** ** a ****** ****** *********), ******* ** well-positioned. ***** ********* *** ******** ** want ** ************ ********** *** *** security *******, ******** ** ** ** Dahua *** *********. *******, *******, **** all **** **** **** ********* ** other ******** ************* *** ******* *** shown ** ********** ** ************ ** the ******* *** ***-******* ******* ********.

Comments (39)
Avatar
Clint Hays
Aug 05, 2019

*** ****, * ***** *** *** mean ******* **** ** *** ****** ODM

"*************, *** *** *** *** ********* for ******* *** *** ****** ****** providers ****** *** *******. ***** *** true **** ** **** ****** *** Vivotek ******* ***** *** ******** *** software."

Avatar
Abdelhamid Metwally
Aug 05, 2019
IPVMU Certified

**** *** ****** ********* *********** ** getting ***** ******* ***** ** ******* companies?

JH
John Honovich
Aug 05, 2019
IPVM

**** ********. ***** *** **, * am *** ****. **** **** ** hear, * ****** ** ************* *** in *** ******* ********* ** ********* OEMs.

*********, * ***** ***** ***** ***** be **** ****** ** ********** ** OEM ***** ***** ******* ** ********* higher. ** *** ***** ****, ** video ************ ************ *** ********* **** than ****** ****** *** *** ******** heavily ** *** ********* **** **** the ***** ******** *** ********, ****** Hanwha ***** **** ***** *** *****, not ******.

(1)
(3)
U
Undisclosed #8
Aug 06, 2019

* ******* **** *** ** *** business **** ** **** ***** ****.

(1)
U
Undisclosed #1
Aug 05, 2019

* ****** ** *** *** ***** a ****** ** ******* ****** **** Vivotek ******** ** **** **** *** proprietary-ness?  ****** ***** **** * ******?  I'd *** ** *** * ***'* have *** ** **** **.

(1)
(1)
(1)
JH
John Honovich
Aug 05, 2019
IPVM

******* ******** *** ******** ** ********** different **** ****** *** *******. **'* not **** * ***** ***** **** minor ** *********** ***** **** ***** OEMs. ****, ** ***** ********, ****** and ******* ** *** *** *** even ****** ********, *** ** **** is ******* ** ****.

(1)
(3)
U
Undisclosed #2
Aug 05, 2019

**.*% ******* *** ***** ***.

* **** **** **** ** ********* that **** **** ******* *** *** manufacturing, *** ******* **** ********** *********** in *** ***** **** ***** ******* assisted **** ******** ** *** ****** and ********* *** ************* ***** **** no ******* "*******" ********, *********, ***. used. *** ***** *** *** ******* firmware ** ***** *******-***** ******* ******* than *** ***** **** ******** ******** on ****.

(2)
U
Undisclosed #3
Aug 06, 2019

** ******* ********* **** ******** *** camera ******* *** *** ******?

(1)
(2)
U
Undisclosed #2
Aug 06, 2019

**, **** **** ********* **** *** is * ***** ********** ******. **** of *** ************* ******* ** ** load ******** ******** ** ******** ** the *** ********. **** ***** ************* ship *** * ****** **** ** firmware, ***** ** **** ****** ** the ********* ******, **** *** *** customer *** *** **** * ***** complete ******** ***, *** ***** *********** units *** *******.

*** *** ****** *** ****** **** utilize ********** *** * ****** **** is ******** ** **** *** ********, based ** *** ********'* ****** *** requirements.

(4)
U
Undisclosed #3
Aug 06, 2019

** **** ****, ***** *** ******** is *** **** *** ***** ***** a ******* ******** ** *** *******/****** using ****/***.

(3)
U
Undisclosed #2
Aug 06, 2019

* **** ** **** *** *** draw **** ********** **** ** ********.

 

(3)
U
Undisclosed #3
Aug 06, 2019

*****, * ****'* **** **** ****** paragraph. * ********** ******* *** ******** was *** ***** ****. ** ***.

UM
Undisclosed Manufacturer #9
Aug 07, 2019

*********** ******* *** **** *** ** Meraki, ***** *** ********* *** *** be ** ****** ** *** ********** businesses. *** ***** **** *** *********** being **** ** ****** ******* **** is ******** ******* *** ***** *******.

*** ******** ****** ***** ******* ******* hardware, *** ******* ** *** ***** hand *** ** **** **********...

(1)
Avatar
Anthony Jones
Aug 05, 2019

* ***** ***** *** *** ****** out ** ***** ***** ***** ** starting ** ******* **** *** ***.

(3)
JH
John Honovich
Aug 05, 2019
IPVM

****'* * **** *******.

* ***** ******'* ** ******* *** they *** **** **%+ **** **** year:

*** *****, **** *** ***** $** million *** **** **** (** ** conversion **** *** ** *******) *** are *** ********** **** ***** ****:

(1)
U
Undisclosed #2
Aug 05, 2019

****.

***** *** * "**-******" ** *** list **** ******* *****. * **** no **** *** **** ****** ***** was ***** ******* ***, *** * have * ******* **** ******* ** roughly ************** ** *****'* ******* ******* in ***** ** ***** ******** ** a ***** ** ****** ******** ******** products ******/******, ** ** ***** *******.

**** *** ***** *** ** ***** to ** ** *** ***** * ride.

(8)
(1)
(3)
Avatar
Matthew Nederlanden
Aug 06, 2019

*** ** *******?

JH
John Honovich
Aug 06, 2019
IPVM

******* **** ** ********* *******- "**** ******** ****** *******. ******." LinkedIn ***** ** ********* *** *** following ***********:

*********** ** **** ** * ****** and ************* ********, ******* **** ******* into ** **********-******* ****** ******** ************ of ******* ******* ***** ********** *** later **** * ******* ** *** embedded ********* ********. ***** *** ******* is * ****** ****** *** *****-***** products *** ******* **********.

**** ****** *** ****** ******* *** ******* in *** **** ****.

*************, ********* ** **** * ******* supplier *** *******:

**** ******* ** ***** **** ******* and ********* * ** *** ****. Anyone **** ***********, ****** *****.

UM
Undisclosed Manufacturer #7
Aug 06, 2019

*** ****** **** **** **** **** of ******** **** ************ ** **** the ************* *** ********/******* ** ***/*** units ** ******* **** *********? **** look ** ** ******* ** ** MBX **** ** ****.

(1)
UM
Undisclosed Manufacturer #4
Aug 06, 2019

**** **** **

*****://***.********.***/*******/*******-**********-***-

*********** ** **** ** * ****** and ************* ********, ******* **** ******* into ** **********-******* ****** ******** ************ of ******* ******* ***** ********** *** later **** * ******* ** *** embedded ********* ********. ***** *** ******* is * ****** ****** *** *****-***** products *** ******* **********.

UE
Undisclosed End User #5
Aug 06, 2019

**** ****** *** ******* ******* **** are **** *********?

JH
John Honovich
Aug 06, 2019
IPVM

****** ** ****** *****-****** *** ***** now **** ****** ******** ** ***** surveillance ***** ******* ** *******.

*******, **** **** **** ****** *** * ****** IP *********** *** **** ****** **** ******* uses, *********:

(4)
(1)
RS
Rob Stayrer
Aug 06, 2019
A.S. Security & Surveillance Inc

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

(8)
(3)
Avatar
Chris Lanier
Aug 06, 2019

****- ****** ******** **** ** ** are *** ******* ***** ***** *** firm *** *** ******* ** *** 9 ***** ***, *** *** ***** attraction ** ******* *** ******* ********:

*)  ***** ******* ******* *** **** as **** ** ******'*, ********** **+ years *** **** ***** ****** **** struggling with ***** ***** ***** **** **. ******* has **** ****** ** ******* *** almost ** ***** ***. ***** **** in ****** ****** *** ***** ****** through ***** *****.

*) ******* ******* *******- ***** **** about ******** *** * ****** ******* these ****, ******* ****** *** **** just * *** ***** *** *** as ******* ****** ***** **** *** earn ******* ********** **** ******* ****, they **** ****** **** ********** ** specifying *** *****.

*) ******* ** *** ***** *** multiple ******* **** *** ****** ** sale ********* ***** *****. **** ***** to **** ****** ****** ******* (**** profitable) *** **** ********* ** *** Project ************ *********.

** ****'* *****, ******* ***** ** more ***** ***** ***** ****** ********. We ********* **** **** ** ** down *** **** ** ********* ** dealers, *** *** **** ***** ****** their ******** **** ******** * ******* manufacturer.

(3)
(3)
JH
John Honovich
Aug 06, 2019
IPVM

** *******, ******* (*******) ***** **** of *** ****** - **** **** on *** ******, **** ****** ******** at ******, ***. ****** **** *** sell ** *** ***** **** ** just ******* ** ***** ********, *** need ****** *** ***** ** **** this **** ** *********.

(7)
(1)
Avatar
Chris Lanier
Aug 06, 2019

***% ******* ****!

(3)
(1)
UI
Undisclosed Integrator #6
Aug 06, 2019

**** *** ******* ** ** ***** marketing ************ **** ****.  *******.

(3)
JH
John Honovich
Aug 07, 2019
IPVM

*** **** ******* ** ***** ********* expenditures ***? * ********* ***** ** would ** ******* *** ** **** have *** **** ** **** ****, why ** *** *** **** **** figure ** ***?

UI
Undisclosed Integrator #6
Aug 07, 2019

**** **** ******** ** ***** **** marketing ** **** **** ** *** up **** *** *** *****.  **** have *** ******* ** *****, *** philosophy, *** *** **********.  ** ** time ** **** *** ** ***** preferred "****** *** ******" ************ ********. 

********** ** *** ****.  ******* ** soaring.  *** *** ***?  ** *** or ** ****.  **** **** ****** did *** **** ** **** ** all *******.  ** ****** **** ***'* have *** ******* ****** *** *** does ***** ****** ******* *****, *** they *** ***** ** *** ***** foot ******* **** **** ***** ***** forward.

(2)
UI
Undisclosed Integrator #6
Aug 08, 2019
JH
John Honovich
Aug 08, 2019
IPVM

***? ***?

*'** ***** ***** ** **** *******, nor *** ***** (*** ******* ******* to ** * *** ** *** person ****) *** ******** ** ***** ***** ************ *** security *******:

***** ******* *** *** ** ** firm ****** *** **** **** *** have *** ********** ** * ****** move. ** *******'* ** **** ** reading ****, ***** ** ** * call *** **** **** **** ******* into *** ********, ***.

U
Undisclosed #2
Aug 08, 2019

***** ******* *** *** ** ** firm ****** *** **** **** *** have *** ********** ** * ****** move.

**'* *****, **'* **** ** ** indication ** ******** ** **** ** strategy. ***'* ***** ******* *** * bunch ** * *** * **** players ** ***** ********** ********** (**: Boss ***** ** *** ***** *** find ** *** ******* ********** *******).

*** *** *** * ***** ******* on ****? ******* ** ******* ********* to *** **** **** **** **** to **** ** **** ***** *-*** shop, **** ** ******** ******** **********, to *** ***** ******* ***?

 

(1)
Avatar
Ariel Levy
Aug 07, 2019

******. ****** **** ****** ** **** fisheye ****** ** * **** *******.

(3)
Avatar
Sean Nelson
Aug 06, 2019
Nelly's Security

******** ********** ** ***** ********** *** their **** ********* ***** ** ****** in ** *******. ***** **** **** and ****.

(8)
(1)
UI
Undisclosed Integrator #6
Aug 07, 2019

******'* ***** ****, * **** **** it ** * **** *** ***.

(2)
UI
Undisclosed Integrator #11
Aug 07, 2019

******'* ***** ****, * **** **** it ** * **** *** ***.

**** ** ******* ******* ** *********** or *********?

UI
Undisclosed Integrator #6
Aug 07, 2019

*************, ***, ****** *.

U
Undisclosed #8
Aug 07, 2019

** *** *** ****, ** ** a *** *********, ***** **** ** a ***** *********** *** ******* ** build *** ******* ********. ** *** other, ******* ** ********* ***** ***** well ************* *** ****** *** ***** such ********* ****** **** ***** ********* do *** ******* **** ****.

**** ** **** ****** *** ********* which * **** **** ** **** TW/KR ************* *** ** ********* **** from ******* ***** *** ******. **** manufacturing ***** ** *****, **** ** the ** *** ** **** **** withered *** **** ******* **** **** no ****** ****-*********** *** *** *** have ***** *********** ** **** **. i **** *** ******* **** **** make **** ******* *****. 

(1)
UD
Undisclosed Distributor #10
Aug 07, 2019

******* **** ** ****** ** * second **** ***** ********** ** * good *********** *** ***** *** ******'* afford ****, ****, ***.. **'* ****** hard ** ***** **** ********** **** established ********** ** ******* *******, ***********, and *******. *** ****** ****** ********* hasn't ******. *** ***** *** ** a ****** ** *********** ** *** market ***** *** ** ****** **** if **** ****** **** ********* *** find *** ********* *********.

(4)
(1)
Avatar
Jeffrey Hinckley
Aug 08, 2019

* ***** *** **** *** ***** fixed **** ***** ****, ****** **** only **** **** ***** ****** *********.  They **** ** ***** *.*/*/*/* ** options.  ** ******** *** * ******* tool **** ***** ***** ** ** switch ** *** ***** **** ********** sold ******.  **** ** *** ** most ******** *** ***** ********.  (* believe ** ** *** **** **** Axis ** ***** ***** ******).  *** do *** **** * **** ** any ******** **** * *.*.  (** have ******** ** ****** ******* **** 2011-2014 ** *** ***** ***** ******** along, ****** *** ******* ****** ** really *** *** **********, *** *** not ******* **** *** ******* ****, which ****** ** ** ******* **** using ****).

(1)
(1)
Avatar
Campbell Chang
Aug 13, 2019

** **** ******** ** ****** ******* from ****-**** ** *** ***** ***** chugging *****

**** ***** *** *****'* ***** *** previous **** ****** **** *** ******** year.  * ****** ****** ***** **** series ****** * **** ********* ******* they *** *** * ***** ******** to *** ***** ***** * *****.  Worst ** *** *** *** *** 7163 *** ******.

(1)