March Networks is implementing an ambitious development program to increase its market share and growth in the European video surveillance market, reflecting its expansion and success in North America. The program will be managed by European Sales Director, Stefano Torri, and will target key regions such as the UK, France and Italy.
This growth strategy, will focus on the expansion of local teams within March Networks, working closely with newly recruited and existing channel partners. Together they will target and support core vertical markets including banking, retail and transport, where March Networks already has a reputation for delivering quality market leading IP video management solutions.
The task for Stefano Torri will be to consolidate and grow March Networks' impressive net sales in the first quarter of 2014, which increased by 78% year-on-year compared to 2013. As well as the UK and France, where the objective is to triple revenues, he will be overseeing developments in the Benelux and Scandinavian regions, and will also oversee the introduction of a new Partner Program in Europe.
"Stefano Torri is well placed to spearhead this strategic drive for expansion in Europe,” said Peter Strom, President and CEO of March Networks. “He has proven managerial skills and a deep knowledge of the European market and we strongly believe that he will implement this intense development program, which aims to achieve global market leadership, with great success.”
Stefano Torri joined March Networks in 2013, following his previous role as European Sales Director for VideoIQ Inc, a market leader in the Video Content Analytics sector. He has over twenty years of channel sales management experience in the IT and physical security/video-surveillance markets, including roles at Mobotix AG and Plasmon plc.