Underlining the company’s position as the world’s leading supplier in innovative video surveillance products and solutions, Hikvision has achieved Number 1 overall position, being placed at the top of the rankings in A&S magazine’s ‘Security 50’ 2016, with a 43.6% leap in revenues, following a rise to second place in 2015 from third place in 2014.Ranking public-listed manufacturers by product sales revenue, gross profit, and profit margin, participants in the A&S Security 50 range from exclusive manufacturers to end-to-end solution providers, and aims to provide the security industry with a ‘Who’s Who’ of the global security market’s most successful companies.
Following Hikvision’s recent achievement of winning No.1 position in the Scene Classification category at the Imagenet Large Scale Visual Recognition Challenge 2016, this latest achievement illustrates how Hikvision’s strong and sustainable technology development is providing a solid platform for the company’s success. Via the sustained expansion of its global network, Hikvision is also placing the importance of localised support and service to its partners and users at the forefront of its operation.
“This outstanding A&S Security 50 achievement demonstrates Hikvision’s continuing dedication to its investment in innovation and excellence,” says Cynthia Ho, Vice President at Hikvision. “By responding rapidly to emerging market trends, Hikvision’s smooth transition from analogue, to digital, IP and HD, and onward to advanced video intelligence, has provided the catalyst for another year of massive growth for Hikvision.
Over the past decade, Hikvision has embraced world-leading management practices and tools, such as IPD, CMMI and PDM, to continuously optimise the company’s product development process. Applying this methodology has led to the development of ‘best-in-class’ products and services that not only meet the needs of the industry, but are also quickly accepted by the market. Underlining Hikvision’s industry-leading R&D capability, this year, the company has achieved CMMI Maturity Level 5 certification. Looking to the future, Hikvision will continue to push the boundary of security technology and develop even more high-quality products for our customers worldwide.
