SecurityWorldMarket

07/03/2013

Vivotek sales exceed 100 million USD

Taipei, Taiwan

Mr. Owen Chen, Chairman of Vivotek Inc.

Vivotek sales results for 2012 report revenues exceeding USD100 million for the year, the highest that the company has ever achieved to date. Net sales in local currencies increased by 16% compared to 2011.
Spurred by rising security concerns due to the threat of terrorism and other factors, the IP surveillance industry has seen significant growth. In addition, advances in technology, such as higher resolutions, improved video quality, greater storage capacity and improved network communications, are also driving growth. All industry research reports project that the IP surveillance industry will keep a strong annual growth rate through the years.

For a long time now, Vivotek, by taking research and development energy, sales service, marketing communications and technical support as core strengths, has been recognised as one of the most valued and trustworthy brands to partner within the global IP surveillance market. Moreover, focusing on philosophies such as integrity, care and innovation, Vivotek has built up a close relationship and strong network with customers, partners, and employees. Relying on the company’s core strengths and this philosophy, Vivotek is completely capable of delivering cutting-edge products and technology to meet market needs and drive its sales performance significantly all around the globe. It is worth mentioning that Vivotek also maintains business growth in the European markets despite the economic recession in this region in past years.

Vivotek Chairman Owen Chen stated, “Looking back at our sales performance and achievements in developing innovative technologies, 2012 was without a doubt another successful and significant year for Vivotek. Our revenues in local currencies increased over 16% year-over-year, and we’re bullish about our prospects this year too with our excellent R&D capabilities, strong product portfolio, and expanding global reach. At Vivotek, we will continuously devote ourselves to our customers to address their needs and together we can make the world a safer place.”


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