Hikvision ranked 13th in Security 50

January 2009 News

For the third consecutive year, Hikvision Digital Technology, headquartered in China, has been enlisted in Security 50, a market survey to recognise the top 50 security companies around the world by revenue. With the increase in revenue by $70 million from 2006 to 2007, a 68,5% growth rate, Hikvision is ranked 13 in 2008 Security 50, up from last year’s 21. The company is also ranked 2 in revenue growth among the 50 top security players, and 5 in 2008 Asia Security 25.

“Apart from the high-performance compression cards and DVRs, we have also launched numerous IP surveillance products, including megapixel network cameras and intelligent hybrid DVRs, to meet the requirements form various security applications and better serve the customers worldwide,” said Yangzhong Hu, president of Hikvision. “The ranking has definitely motivated us to develop more powerful and cost-effective surveillance products, as well as to arrange marketing activities to get closer to the market and customers, in order to maintain the achievement in Security 50.”





Share this article:
Share via emailShare via LinkedInPrint this page



Further reading:

Spend on cloud to accelerate across Africa in 2023
News
More than two-thirds of companies using cloud computing across major African markets plan to increase their spending on cloud services in 2023.

Read more...
ChatGPT’s impacts will be social, not technical
News
ChatGPT is truly a remarkable achievement, an artificial intelligence (AI) that you can have a conversation with and ask to do everything from writing essays to coding computer programs.

Read more...
Artificial intelligence in Africa: levelling the narrative
News
While AI can benefit multiple industries, in Africa the key sectors that stand to gain are financial services (specifically fintech) and agriculture.

Read more...
Improving data security for a hybrid society
News
Researchers from Tokyo University of Science develop a method that can perform computations with encrypted data faster and at a lower cost than conventional methods, while also improving security.

Read more...
Cybersecurity in 2023: The latest trends and developments
News
In 2023, experts predict that several trends will shape the cybersecurity landscape, including the growing use of artificial intelligence (AI), the increasing focus on the Internet of Things (IoT), and the rise of quantum computing.

Read more...
SAN market set for growth
Technews Publishing News IT infrastructure
Storage-area network (SAN) market to hit US$ 26,86 billion in revenue by the end of 2029 due to factors like widespread adoption of Hybrid SAN-NAS solutions.

Read more...
Enterprise threats in 2023
News Cyber Security
Large businesses and government structures should prepare for cybercriminals using media to blackmail organisations, reporting alleged data leaks, and purchasing initial access to previously compromised companies on the darknet.

Read more...
Trends in the proptech industry for 2023
News
By mixing real estate with technology to optimise industries, create new ones, and generate efficiencies or capabilities that improve revenue generation, something as fundamental as the concept of parking has been turned on its head.

Read more...
31 percent of all IoT SIMs managed with third-party IoT CMPs
News Integrated Solutions
Berg Insight recently released new findings about the market for IoT connectivity management platforms (CMPs), a standard component in the value proposition from mobile operators and IoT MVNOs around the world.

Read more...
Off-highway vehicle telematics systems
News
The installed base of off-highway vehicle telematics systems to reach 12.2 million units worldwide by 2026, says Berg Insight.

Read more...