Introduction
Hikvision is a Chinese electronics company that was founded in 2001. It was originally named Shenzhen Hikvision Digital Technology Co., Ltd., but changed its name to Hikvision in 2014. The company has over 20,000 employees and manufactures surveillance equipment for both the consumer and commercial markets.
Hikvision’s mission statement is “to provide customers with high quality products, services and solutions that are safe, reliable and easy-to-use.” They accomplish this through their commitment to innovation: they have been recognized as one of China’s top 100 enterprises for five consecutive years; they have won numerous awards including Best New Product at CES 2016; and they have received multiple patents for their innovations in video surveillance technology (including facial recognition).
Analysis
Hikvision is one of the biggest manufacturers in the security camera market. The company has a strong presence in both domestic and international markets, with offices in over 30 countries.
The company was founded in 2001 by Mr. Zhang Junxiang, who remains its chairman today. They offer a wide range of products including cameras, DVRs (digital video recorders), network video recorders and cloud storage solutions for businesses looking to implement surveillance systems at their facilities.
Financials
- Revenue
- Profits
- Stock Price
Competitors
- IBM
- Intel
Research and Development
Hikvision is committed to research and development. In 2017, the company spent $1.5 billion on R&D, which is more than any other security camera manufacturer in the world. This investment has resulted in patented technology such as facial recognition, object tracking and AI-based analytics.
Hikvision also invests heavily in battery solutions for its cameras and cameras with wireless capabilities so they can be installed anywhere without running cables or requiring AC power outlets nearby. The company’s goal is to make it easier for customers to install their own systems without having to hire an electrician or contractor
Conclusion
Hikvision is a great company with a lot to offer. However, they could improve in several areas. First, they need to keep up with trends and make sure their cameras are compatible with new technologies like 5G and 8K. This will ensure that their products remain relevant in the future as well as help them stay competitive against other companies who are already developing these technologies (like Huawei).
Secondly, Hikvision should focus on improving customer service by providing better training for employees so that they can provide better support for customers when needed or answering questions about products before someone purchases them online from an authorized reseller like Amazon or eBay Marketplace sellers who may not be familiar with how things work at Hikvision headquarters overseas (which would explain why some people have had trouble getting through).
Source : Google
Editor by : Softwarehubs