Financial results for the major manufacturers of security products in the Q4 of 2013 and Q1 of 2014 show a steady growth in revenues and profitability. There is also confidence to forecast that this trend will continue for the rest of 2014.
Few had forecast growth rates much above double figures through organic growth, only those that are intending to grow faster through acquisition or have annual revenues below $100m. Sifting through their annual reports there is little to find about major new innovative products that will allow them to rapidly increase market share; but a steady flow of incremental improvements showing that product performance will improve to meet customer needs.
The recent annual report on the Security Business showed that the first 3 quarters of 2013 outperformed what most stakeholders had forecast; despite setbacks in economic fortunes in the western developed world. In the first 3 quarters of 2013 it grew by 8% and this marginally increased for the remainder of that year.
This performance was built on the same factors that delivered growth in 2012 – a combination of strong growth in IP Video Networking products, buoyant markets in Asia, solid growth in North America and higher levels of penetration in vertical markets such as transport, retail and health and education.
A little more light at the end of the tunnel would suggest better trading conditions in 2014 right across the developed world causing security equipment buyers to have more confidence that 2014 is the time to replace their old systems; provided they can be sure that their replacements improve the effectiveness of security, reduce operating costs and deliver an improved ROI on the investment.
GeoVision is a professional security company focusing on video surveillance products and video content analysis with a strong presence through Asia, Europe, North and South America and has grown year on year since its inception in 1998. Heavily investing in Research and Development, GeoVision has been able to lead in the PC-based video surveillance sector. It has been able to bridge the analogue and digital worlds together with its PC Based Video surveillance Software, products and solutions.
GeoVision is expanding its IP camera line with several new models including the Cloud Series. The cloud-centric surveillance and the wide range of model offerings bring IP surveillance to a new horizon.
GeoVision is dedicated in providing a unified platform for IP-based surveillance infrastructure. This effort will be actualized at ISC West 2014 with the presentation of four major themes, each in demonstration of state-of-art new products while all seamlessly unified across GeoVision's platforms.
The next-Generation of Geovision IP Camera, is cloud-centric surveillance infrastructure, the Cloud Series. Cloud Series delivers nearly all the features a small business may need in an IP-based surveillance installation. All models in the series support local as well as cloud storage at 1080p recording to provide compelling video quality. To meet the standards and requirements of various sites, the series offers a wide range of options, including popular models such as outdoor, indoor, night vision and Wi-Fi.
Two new product series will be making debut at ISC West 2014. First is the Aurora Series with Super Low Lux sensor for visible video in dimly lit environments with minimum illumination of 0.01 lux, available in 1.3MP and 2MP (0.02 lux for 2MP). Second is the Target Series, which focuses on maximizing the price-to-performance ratio to keep every installation in reach. As a technical achievement, GeoVision adds advanced function cameras to its wide variety lineup including 10MP Fisheye, IR Fisheye, Thermal, 30X IP speed dome, interchangeable lens UniCam, IP LPR camera with built-in recognition engine, WDR-enabled and motorized lens (remote zoom/focus) IP cameras.
Theme Two, Vision of Ubiquity, is an illustration of GeoVision empowering surveillance professionals with a seamless unified platform experience across every application, from large-scale to single installs. Featured in this section is GV-VMS, company's video surveillance management platform that supports up to 64 IP video channels, with the support to GPU decode function. Also featuring GV-Edge Recording Manager, which is a decentralized storage for more flexible recording, and GV-Recording Server which receives and records up to 128 channels of IP video. GeoVision will also debut its first Linux-based NVR, GV-SNVR, available in 4, 8, and 16 channels and records both in large and small stream with maximum 16 channels playback simultaneously.
At Theme Three the CMS section highlights GV-CMS on 4K monitor to deliver amazing overall video quality of multiple GV-VMS connected for a centralized perspective at 4K quality.
At Theme Four, Integrated Solution, there will be a presentation of the retail solution including 3D people counter and GV-ANPR1200, the all-in-one LPR IP camera with built-in recognition function. Also to be demonstrated is the Access Control Solution, including elevator controller and IP fingerprint reader.
Visitors of the Geovision booth will also be presented with PoE switches designed exclusively for IP surveillance. The selection ranges from 10/100Mbps to Gigabit, with 4, 8, 16, and 24 port models, allowing flexible wiring and providing sufficient power for IP cameras in an IP-based surveillance infrastructure.In the fast-paced security industry, GeoVision takes strides as the forerunner. There is always an IP camera suitable for your specific installation. Join us at the tradeshow and see why GeoVision is the solution to your security needs.