VideoIQ, the recognized leader in intelligent all-in-one video surveillance solutions, announced record sales in 2011. VideoIQ's success was driven by continued adoption of its intelligent all-in-one video surveillance systems, including the award winning iCVR-HD cameras, iCVR dome cameras, iCVR encoders, and the iCST line of streaming cameras and encoders, as well as significant channel partner development, investment in new partnerships and the introduction of VideoIQ's Tier 1 partner program.
Powered by VideoIQ's award winning self-calibrating analytics, iCVR all-in-one video surveillance solutions improve security by delivering superior accuracy and range. Unlike conventional IP video surveillance systems, which face significant bandwidth and storage challenges, VideoIQ's iCVR onboard storage provides months of recording while eliminating the need to backhaul video to central storage servers – reducing bandwidth consumption by over 90 percent.
VideoIQ's Highlights from 2011 include:
● More than 150 percent growth in sales from 2010 to 2011
● More than 100 percent growth in total customers
● More than 100 percent growth in follow-on customer transactions
● A list of customers that now includes more than 30 countries
VideoIQ's iCVR sales team surpassed a record, growing more than 150 percent over 2010 sales. Total customers and follow-on customer transactions also grew by more than 100 percent with customers in more than 30 countries. “For VideoIQ, 2011 was not only the strongest sales and customer growth year ever, we also saw our growth accelerate throughout the year,” said Ed Bednarcik, President and CEO of VideoIQ. “By dramatically improving security, simplifying infrastructure deployment and reducing end-users costs, we are confident we are headed towards another record year in 2012.”