IP Video Market poll respondents are divided among 3 conflicting interpretations about Pelco's 4% layoff.
- 45% - the entire industry faces economic challenges
- 32% - the analog incumbents face economic challenges
- 22% - this is primarily a Pelco problem
Of these, we believe that the least likely interpretation is that this is primarily a Pelco problem. 4% layoffs have been fairly common over the last year, especially for incumbents. Only March Networks layoffs have been publicly announced early in 2009. The dozens of others have been done privately. Secondly, as we examine in our public traded financial results, many, if not most of the incumbents have been suffering from revenue declines.
We also think it's clear that layoffs are more of a problem for analog incumbents than IP providers - simply because while both sectors have been hit, most IP providers are still growing (though many at a slow pace).
We do think the Pelco layoffs are a sign that 2010 will not be robust overall for the industry. We continue to hear many private companies 'restructuring'. The Pelco announcement is a visible confirmation of a general trend we see in private smaller companies.
Most Recent Industry Reports
Hikvision Chairman Praises United Front
on Feb 14, 2019
Hikvision’s controlling shareholder held a meeting last month praising the United Front, a Communist Party organization known for its secretive...
Sales Turnover At Anyvision
on Feb 13, 2019
Anyvision raised a $43 million Series A and according to their newest investor:
what you need to do is push the gas pedal and build an...
Cisco Meraki Cloud VMS/Cameras Tested
on Feb 13, 2019
Cisco Meraki says their cameras "bring Meraki magic to the enterprise video security world".
According to Meraki, their magic is their management...
Uniview / UNV Favorability Results 2019
on Feb 12, 2019
Uniview / UNV, the self-proclaimed #3 China manufacturer, while starting late, has been working to make inroads internationally. In IPVM's 2019...