SecurityWorldHotel

02/04/2012

Arecont Vision sustains double digit growth for 8th consecutive year

Arecont Vision has recorded a 25.5% increase in revenues up from $51M in 2010 to $64M in 2011 in its audited financial results. The company has achieved this growth by its continued focus on developing superior megapixel imaging solutions for mainstream video surveillance applications.
“Arecont Vision’s growth over the past nine years is a result of our unique focus on designing and manufacturing innovative megapixel imaging solutions that deliver the highest performance and high quality at a great price point,” said Dr. Michael Kaplinsky, CEO, Arecont Vision. “Our continued expansion both domestically and globally reflects the growing popularity of our unique product line that stems from our pioneering approach to megapixel surveillance, years of innovation and customer focus.”

Impressive sales figures for 2011 reflect Arecont Vision’s growth worldwide. The Americas, Europe-Middle East-Africa, and Asia Pacific all posted significant gains.

New product innovation was important for Arecont Vision and its customers in 2011. The company released several important product platforms that further the company’s strong position among IP/megapixel camera manufacturers, including 20MP panoramic day night H.264 camera systems, 1.3-10MP fourth generation H.264 cameras, 3 and 5MP H.264 bullet camera systems and 1.3-5MP indoor H.264 mini dome camera systems.

“Our expansion with key distributor partners like Anixter, ADI, CSC/Wesco, Scansource, Graybar, Norbain, Harco, ADS, Envision, Alpha Pricing and Oriental have been key to our global success,” said Scott Schafer, Executive Vice President of Arecont Vision. “Arecont Vision continues to build stronger relationships with leading technology partners to ensure the seamless integration of our megapixel imaging camera systems. By working closely with leading software and hardware solution providers, we have collectively built much better integrated solutions together for the market and our customers. We are also working together with our technology partners to educate distributors, systems integrators, installing dealers and end users on the important and necessary steps in designing, implementing and supporting first-rate networked megapixel solutions.”

Arecont Vision megapixel products have been embraced by users in every major vertical market segment including government, retail, financial, education, transportation, healthcare, gaming, and corporate/industrial. In fact, 5 companies listed among Forbes’ Top 10 Global Brands are satisfied Arecont Vision customers with major deployments. “The sophistication and quality of our customer base is direct testimony to the performance, quality and reliability of our megapixel imaging solutions,” continued Mr. Schafer.

Business News

Dubai surveillance summit gathers leading experts

Wavesight will be participating in a Video Surveillance Summit organised by Finnish technology company, Teleste. The event, which includes keynote addresses delivered by H.E Sheikh Khalid Bin Ahmed Al-Hamed and the Finnish Ambassador IIkka-Pekka Simila, takes place in Dubai, UAE on 7th December 2014. The purpose of the event is to enable delegates to learn more about the latest technologies and innovations to solve today’s challenges in building a safe city environment.

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