Genetec Ranked #1 VMS Vendor in Americas by New IMS Research Study

  • Jul 20, 2012

According to an industry report recently published by IMS Research, recently acquired by IHS (NYSE: IHS), the leading provider of market research and consultancy to the global electronics industry, Genetec was the leading vendor of Video Management Software (VMS) in the Americas in 2011. Additionally, IMS' World Market for CCTV and Video Surveillance – 2012 Edition report, shows that Genetec rose into the top-three vendors in the EMEA territory, and maintained its position as the world’s second largest VMS vendor.

"Genetec’s rise to become the leading vendor of VMS in the Americas market in 2011 is particularly noteworthy as the former number one had previously occupied the position for three consecutive years," commented Gary Wong, senior analyst at IMS Research.

In 2011, Genetec's overall VMS revenue grew 33% worldwide. Revenue increased significantly across all regions with a 37.3% increase in the Americas, 20% in EMEA, and 40% in the APAC region. These figures confirm the Company's continued year on year growth trend with a 74% overall revenue increase for its VMS business between 2009 and 2011.

"Last year, we solidified and secured our leadership position in the Americas, which represents the world's largest market for VMS. We helped customers of all sizes in the retail, transportation, and government sectors realize the benefits of a truly integrated security platform. Building on our successes in our home territory, we are now expanding our leadership into other markets to take advantage of a growing demand for easily scalable systems that allow customers to focus on their jobs and not software integration," explains Genetec's CEO Pierre Racz.

In its report, IMS also forecasts that the world market for video surveillance equipment will grow in excess of 12% in 2012.

"We are currently undertaking a significant expansion of our EMEA, APAC and Latin American operations to support strong market growth and enhance customer support. We have recently expanded our offices in Paris and Dubai with state-of-the-art training facilities and hi-tech solutions centers, opened new subsidiaries in the UK and Brazil, and expanded our footprint in Mexico. With our talented and dedicated employees and partners around the world, our new facilities, and our continued investment in technological innovation, there are no limits to the road ahead," concludes Racz.

 

Featured

  • Cost: Reactive vs. Proactive Security

    Security breaches often happen despite the availability of tools to prevent them. To combat this problem, the industry is shifting from reactive correction to proactive protection. This article will examine why so many security leaders have realized they must “lead before the breach” – not after. Read Now

  • Achieving Clear Audio

    In today’s ever-changing world of security and risk management, effective communication via an intercom and door entry communication system is a critical communication tool to keep a facility’s staff, visitors and vendors safe. Read Now

  • Beyond Apps: Access Control for Today’s Residents

    The modern resident lives in an app-saturated world. From banking to grocery delivery, fitness tracking to ridesharing, nearly every service demands another download. But when it comes to accessing the place you live, most people do not want to clutter their phone with yet another app, especially if its only purpose is to open a door. Read Now

  • Survey: 48 Percent of Worshippers Feel Less Safe Attending In-Person Services

    Almost half (48%) of those who attend religious services say they feel less safe attending in-person due to rising acts of violence at places of worship. In fact, 39% report these safety concerns have led them to change how often they attend in-person services, according to new research from Verkada conducted online by The Harris Poll among 1,123 U.S. adults who attend a religious service or event at least once a month. Read Now

  • AI Used as Part of Sophisticated Espionage Campaign

    A cybersecurity inflection point has been reached in which AI models has become genuinely useful in cybersecurity operation. But to no surprise, they can used for both good works and ill will. Systemic evaluations show cyber capabilities double in six months, and they have been tracking real-world cyberattacks showing how malicious actors were using AI capabilities. These capabilities were predicted and are expected to evolve, but what stood out for researchers was how quickly they have done so, at scale. Read Now

Most   Popular

New Products

  • A8V MIND

    A8V MIND

    Hexagon’s Geosystems presents a portable version of its Accur8vision detection system. A rugged all-in-one solution, the A8V MIND (Mobile Intrusion Detection) is designed to provide flexible protection of critical outdoor infrastructure and objects. Hexagon’s Accur8vision is a volumetric detection system that employs LiDAR technology to safeguard entire areas. Whenever it detects movement in a specified zone, it automatically differentiates a threat from a nonthreat, and immediately notifies security staff if necessary. Person detection is carried out within a radius of 80 meters from this device. Connected remotely via a portable computer device, it enables remote surveillance and does not depend on security staff patrolling the area.

  • Compact IP Video Intercom

    Viking’s X-205 Series of intercoms provide HD IP video and two-way voice communication - all wrapped up in an attractive compact chassis.

  • 4K Video Decoder

    3xLOGIC’s VH-DECODER-4K is perfect for use in organizations of all sizes in diverse vertical sectors such as retail, leisure and hospitality, education and commercial premises.