Last year, Pivot3 raised an additional $23 million to fund expansion. Now, the company is confirming doubling of revenue year over year and total 2012 revenue of $31 million. Inside this note, we break down the numbers, looking at their market fit...
By John Honovich - over 8 years ago
A persistent industry rumor says Hikvision and Pelco are in talks to do a merger / acquisition. Who knows the truth. Even if there are some talks, that does not mean anything will come of it. In this note, we examine if it would make sense. It...
By John Honovich - over 8 years ago
Over the last two years, Axis's financial results have varied significantly and over the last few quarters, the overall trend has been decelerating growth, with the previous quarter, Q3, being particularly weak. Now, Q4 2012 results show only...
By John Honovich - over 8 years ago
Nonprofit ASIS International has richly compensated executives, driven primarily by promotional payments from vendors, and supported by numerous security experts who volunteer at paid ASIS events. In this report, we examine these issues and raise...
By John Honovich - over 8 years ago
The following post summarizes financial details disclosed by Bosch Security System's President at Essen 2012. This includes all security products, not just surveillance. Overall statistics: 2011 total revenue for security systems was EUR 1.447...
By John Honovich - over 8 years ago
In the last year, revenue for VMS manufacturer Exacq has surged nearly 70% and in 2011, the company's total annual revenue surpassed $32 million USD [link no longer available]. With these gains, how does Exacq now compare to older and more...
By John Honovich - almost 9 years ago
While many surveillance manufacturer's revenue growth has slowed significantly, Avigilon's Q1 2012 financials [link no longer available] show that the company is nearly matching the skyrocketing growth rate they achieved in 2011. In this note, we...
By John Honovich - about 9 years ago
Last year, Milestone boldly proclaimed plans to dominate the global VMS market. To better understand how well they are executing this plan, we obtained a copy of their original Danish Financial report, analyzed it and spoke with Milestone...
By John Honovich - about 9 years ago
In the past few quarters, Mobotix growth stalled, raising concerns about the future of the megapixel surveillance veteran. Now, first quarter 2012 results, show a modest increase in growth rate for the company. In this note, we examine what is...
By John Honovich - about 9 years ago
Over the last few years, CCTV pioneer Vicon has become a poster child for the trials and tribulations of incumbents moving into the new world. In the past few years, revenue has fallen by more than 30%. Now, Vicon's 2011 financial results are in...
By John Honovich - over 9 years ago
UK IP video surveillance manufacturer, IndigoVision, has announced [link no longer available] that its founder and long running CEO is stepping down. This comes in the midst of IndigoVision's challenges to match the fast growing pace of the...
By John Honovich - over 9 years ago
In the past 18 months, Milestone Systems has redefined itself as the low cost VMS champion, slashing prices at a feverish rate and introducing the industry's most well known free VMS offering. However, these actions have raised many questions,...
By John Honovich - over 9 years ago
In this report, we organize and share annual revenue of 25 leading video surveillance companies. Revenue numbers are often useful for businesspeople and investors to better understand size and relative power of players in a market. That noted,...
By John Honovich - over 9 years ago
Genetec is well known as one of the largest and most advanced VMS systems in the market, growing from obscurity a decade ago to become a leading choice of large enterprises. The question, though, is how much has Genetec grown recently and how big...
By John Honovich - over 9 years ago
In the middle of the past decade, Dedicated Micros built itself into one of the leading surveillance recorder manufacturers in the world. Since then, the company has steeply and continuously declined. In this note, we examine UK financial records...
By John Honovich - over 9 years ago
In this note, we examine the financials and profitability of VMS developer Milestone Systems. As one of the largest pure-play software only VMS providers, Milestone's progress is often looked as a benchmark for the overall market...
By John Honovich - over 9 years ago
One of the most hotly debated topics is the size and growth of IP cameras - both because of future potential and the corresponding fear of analog's death. In this note, we examine various growth projections and provide recommendations on how to...
By John Honovich - almost 10 years ago
CSST [link no longer available], listed on the NY Stock Exchange and one of the largest providers in the Chinese market is trying to go private. On first glance, this is surprising. The stock markets have rebounded globally in the past 2 years and...
By John Honovich - over 10 years ago
This directory provides a single source of information on funding and acquisitions in the video surveillance market. It is part of our Video Surveillance Financials section, where we analyze on-going investment trends and announcements within the...
By John Honovich - over 10 years ago
While relatively unknown in much of the world, HiTron [link no longer available] is one of the world's largest DVR/analog manufacturers. Since the beginning of 2009, its revenue has fallen precipitously. The revenue declines continue throughout...
By John Honovich - over 10 years ago
A UK research firm, Key Note, estimates a significant fall in 2009 CCTV UK sales and an even steeper fall projected in 2010. In their Closed Circuit Television 2009 report [link no longer available], they estimate an 8.9% decline in total 2009...
By John Honovich - over 11 years ago
In September 2008, GE Security CEO projected 2011 revenue of $3 Billion USD. Even at that time, the implied annual growth rate of 15% seemed unrealistic (GE Security reported 2007 revenues of $1.8 Billion). Now, UTC is disclosing GE Security's...
By John Honovich - over 11 years ago
The latest IMS report provides further evidence of ACTi's rapid growth in IP camera sales. ACTi is one of the most widely cited companies in the growing market of budget IP cameras, a trend we discussed as a force cutting into Axis and other...
By John Honovich - over 11 years ago
Confirming the negative trend of Axis recent slowing growth and now shrinking sales, IMS latest report demonstrates that Axis market share in network cameras is falling. In 2007, IMS reports Axis having a 33.5% market share for network cameras....
By John Honovich - over 11 years ago
Almost a decade after 9/11, the questions and doubts on the security spending boom continue to increase. Did the boom never happen? And, even if it did, why is there such questions arising now. The Mercury News, Silicon Valley's hometown...
By John Honovich - over 11 years ago
