Hikvision to Establish R&D Centre in Montreal and Research Institute in Silicon Valley

Investments Underscore Hikvision’s Commitment to North American Integrator Partners, Will Support the Company’s Presence in the Enterprise Market

  • Feb 15, 2017

Hikvision USA Inc., and Hikvision Canada Inc., the North American leaders in innovative, award-winning video surveillance products and solutions, today announced that Hikvision plans to establish an R&D Centre in Montreal and a Research Institute in California’s Silicon Valley.

“These two major investments underscore Hikvision’s R&D ‘glocalization’ (being global thinking local) strategy and the commitment to providing innovative, cutting-edge technology products tailored to the needs of our worldwide partners and customers,” Yangzhong Hu, CEO of Hikvision said.

Expected to open in 2017, the Montreal Hikvision R&D Centre and will focus on engineering development. The Silicon Valley Hikvision Research Institute will focus on broad technology research.

Jeffrey He, president of Hikvision USA Inc., and Hikvision Canada Inc., called Montreal the “ideal location for the new R&D Centre,” lauding the city’s “excellent talent pool and business-friendly environment.” The headquarters for Hikvision Canada is also located in Montreal. Likewise, He said, the high tech hub of Silicon Valley is the logical location for the Hikvision Research Institute.  

Hikvision is well established in the SMB market in North America. In the past couple of years, the company has focused on expanding into the enterprise market, putting in place a national enterprise solutions team with knowledgeable engineering, technical, and sales support in regions across the US and Canada.

“The new R&D team will augment the services provided by the national enterprise solutions team,” Eagle Ying, director of technology for Hikvision USA Inc., said. “Hikvision appreciates that solution requirements are different from region to region. The new Hikvision R&D team will be dedicated to furthering Hikvision innovation on the global scale.”

Based in Hangzhou, China, Hikvision has more than 8,000 R&D engineers, one of the largest in the video surveillance industry, and it dedicates about 7 to 8 percent of its revenues to R&D. The North American R&D Centre and Research Institute will be the first established outside of China.

Featured

  • 2024 Security Today New Product of the Year Award Winners Announced

    More than 20 companies are being recognized this year for products that help keep us safe. Read Now

  • It Always Rains in Florida

    Over the years, and many trips to various cities, I have experienced some of the craziest memorable things. One thing I always count on when going to Orlando is a massive rainstorm after the tradeshow has concluded the first day. Count on it, it is going to rain Monday evening. Expect that it will be a gully washer. Read Now

    • Industry Events

  • Live from GSX 2024 Preview

    It’s hard to believe, but GSX 2024 is almost here. This year’s show runs from Monday, September 23 to Wednesday, September 25 at the Orange County Convention Center in Orlando, Fla. The Campus Security Today and Security Today staff will be on hand to provide live updates about the security industry’s latest innovations, trends, and products. Whether you’re attending the show or keeping tabs on it from afar, we’ve got you covered. Make sure to follow the Live from GSX page for photos, videos, interviews, product demonstrations, announcements, commentary, and more from the heart of the show floor! Read Now

    • Industry Events

  • Elevate Your Business

    In today’s dynamic business environment, companies specializing in physical security are constantly evolving to remain competitive. One strategic shift these businesses can make to give them the advantage is a full or partial transition to a recurring revenue model, popularly called a subscription service. This approach will bring numerous benefits that not only enhance business stability but also improve customer relationships and drive innovation. Recurring monthly revenue (RMR) or recurring annual revenue (RAR) are two recurring cadence choices that work simply and effectively. Read Now

Most   Popular

Featured Cybersecurity

Webinars

New Products

  • Automatic Systems V07

    Automatic Systems V07

    Automatic Systems, an industry-leading manufacturer of pedestrian and vehicle secure entrance control access systems, is pleased to announce the release of its groundbreaking V07 software. The V07 software update is designed specifically to address cybersecurity concerns and will ensure the integrity and confidentiality of Automatic Systems applications. With the new V07 software, updates will be delivered by means of an encrypted file. 3

  • Unified VMS

    AxxonSoft introduces version 2.0 of the Axxon One VMS. The new release features integrations with various physical security systems, making Axxon One a unified VMS. Other enhancements include new AI video analytics and intelligent search functions, hardened cybersecurity, usability and performance improvements, and expanded cloud capabilities 3

  • PE80 Series

    PE80 Series by SARGENT / ED4000/PED5000 Series by Corbin Russwin

    ASSA ABLOY, a global leader in access solutions, has announced the launch of two next generation exit devices from long-standing leaders in the premium exit device market: the PE80 Series by SARGENT and the PED4000/PED5000 Series by Corbin Russwin. These new exit devices boast industry-first features that are specifically designed to provide enhanced safety, security and convenience, setting new standards for exit solutions. The SARGENT PE80 and Corbin Russwin PED4000/PED5000 Series exit devices are engineered to meet the ever-evolving needs of modern buildings. Featuring the high strength, security and durability that ASSA ABLOY is known for, the new exit devices deliver several innovative, industry-first features in addition to elegant design finishes for every opening. 3