![]() ![]() Genetec’s go-to market strategy is heavily focused on resellers and partners rather than direct sales, with the majority of its own staff engaged in research and development activity, field engineering, support and project management. As a privately held company Genetec does not report its financials but was ranked in Deloitte’s Technology Fast 500 listing in 2007, an index that requires operating revenue of at least five million US or Canadian dollars. ![]() The analyst firm calculates the VMS market is showing consistent double digit percentage growth and will be worth in excess of US$2.7bn by 2019. The company is consistently ranked as one of the top two global VMS suppliers (alongside Milestone Systems) in a list compiled each year by IMS Research. Customers range from Avis Budget Group to the City of Calgary and the University of Brussels and Genetec’s safety-critical video surveillance systems are used by some of the world’s busiest airports, largest retailers, and many Fortune 500 businesses. Genetec plays primarily in physical security and public safety markets, with key verticals being urban CCTV, transportation, education, retail, government and law/parking enforcement. Watch Genetec discuss their latest products at IFSEC International 2017: It built one of the first security systems to use the IP protocol in the late 1990s before extending its portfolio to networked cameras and IP video surveillance systems and, more recently, access control and licence plate recognition (LPR) applications.Ģ010 saw Genetec acquire French software company Sipelia, which added European customised consulting and engineering capabilities and an interactive map-based command and control application, plan manager. A history of GenetecĬanadian video management system (VMS) company Genetec was founded in Montreal in 1997 as a software research and development company and now employs more than 600 people in one form or another. IFSEC Global presents the essential guide to this pioneer in software for IP video surveillance, access control and other security systems, most notably Security Center, Genetec’s unified security platform. Genetec is one of the security industry’s most innovative players. ![]()
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