SecurityWorldMarket

03/12/2018

Dahua Technology jumps into 2nd place on A&S listing

Hangzhou, China

Dahua Technology has been ranked as No.2 on the A&S Security 50 list in 2018, moving one position higher than the previous year for the 5th time since 2014.

Often considered as an influential indicator, Security 50 2018 ranks global manufacturers by product sales revenue, gross profit, profit margin, and net profit in their 2017 public financial reports. Dahua Technology moved into the top 2 this year by achieving a gross revenue of CNY 18,844,458,053.78 (USD 2.88 billion approx), representing a 41.38% year-on-year increase.

According to the company, achieving the top 2 position in the Security 50 listing results from a constant commitment to customer success, creating values with products and solutions based on true market needs. Globalisation and localisation are also being greatly promoted to better serve all local communities in over 180 countries and regions.

Technological innovation being the base and gene to the development of Dahua Technology is almost guaranteed with its high investment in R&D since 2014. In 2018, Dahua Technology launched a series of AI products and solutions for various scenarios, enabling perimeter protection, face recognition, and people counting, etc. Receiving huge recognition, Dahua AI algorithms took 1st places in a number of KITTI, ICDAR and MOT international challenges since 2016.

Service and quality remain the key focuses. By establishing 54 overseas subsidiaries and representative offices as well as 22 overseas service stations, and a remote technical support centre in HQ, Dahua Technology guarantees world-class service and quality by providing support regarding sales, marketing, training, maintenance, remote and on-site technical services, etc. to local markets.

In 2018, Dahua Technology launched “Heart of City”, a smart city development engine supported by Full Sensing, Full Intelligence, Full Computing, and Full Ecosystem capabilities, to realise the construction of a “1 platform, 2 centre, N applications” (1+2+N) new smart city framework for applications at city, industry, and commercial level.

In the same year, Dahua Technology European Supply Centre was opened to supply European markets with better customer service and faster delivery through local assembling and centralised logistics services. The reliability of Dahua solutions has also been proved when the company won First prize in the Asia QFD Excellent Project.

Dahua considers that this top 2 ranking on the Security 50 listing is a valuable recognition and endorsement to the company.


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