March Networks reports its continued expansion in the European market with sales figures for the first quarter of 2014 that are 78pc year on year higher than 2013.
The firm says that it’s now focused on expanding its business in key verticals in the region such as banking, retail and transportation segments, as well as horizontal industries.
Stefano Torri, European Sales Director at March Networks, said: “Having established its market leadership in North America, March Networks now wants to do the same in Europe. We are making significant investments in our sales, marketing and customer support teams in the region to help drive this expansion, as well as significant investment in our Milan, Italy, R&D centre. With the success that we have seen so far this year, we are looking forward to the rest of 2014 and beyond to further grow our business in this key market.”
The company says that its IP video monitoring products are deployed by more than 450 banks globally, covering over 26, 000 bank branch offices. Its monitoring systems cover over 500 million miles of transportation links and infrastructure, served by March Networks’ mobile monitoring solution with coverage in more than 50 countries. The firm says that its short term objectives are to increase its visibility and market share in European vertical markets and to revamp the its regional Partner Program by expanding its channel partnerships in key markets and verticals.
Stefano Torri added: “Our Enterprise class video solutions have already been proven by customer experience in other markets such as North America and Asia. These are now being rolled-out across Europe and many businesses are seeing the benefits these can bring, especially in commercial and industrial multi-site applications where our enterprise class deployments can bring real results and benefits.”
About March Networks
March Networks, a subsidiary of Infinova, offers the Command video management platform that has a browser-based client interface. Visit www.marchnetworks.com.
