IndigoVision in its six month interim financial report has hailed a return to good sales growth, the outcome of what the Uk firm terms a two-year product and sales expansion strategy.
Marcus Kneen, IndigoVision Chief Executive Officer, said: “The positive progress in these results reflects the extensive changes made over the past two years to IndigoVision’s product range. EMEA and the United States achieved their highest rates of growth for many years, and growth continued in Asia Pacific and Latin America.”
The United States saw growth as revenue was up 23pc. “The United States results are the outcome of having right leadership, right sales team and incredible tenacity for prospecting and closing opportunities,” Marcus Kneen said. Recent US wins include a national industrial security project for a Fortune 500 company and expansion for a Las Vegas casino.
Likewise, EMEA returned to growth with revenue also up 23 per cent. Marcus continued, “We are delighted with EMEA’s growth, the highest for many years. Increased regional confidence is demonstrated through recent wins such as Edinburgh Airport, a major UK global sporting event, success in Germany and large project wins in the Middle East.”
Revenue in Asia Pacific also grew by 23pc: “IndigoVision is winning major projects in the region, including cities in Malaysia and India’s largest oil refinery. IndigoVision’s first casino win in Macau puts the business in a strong position for further casino projects in Asia Pacific.”
Latin America continued to grow, with revenue up by 13 per cent with recent projects wins including Brazil’s largest international airport and several projects for the FIFA 2014 World Cup.
“These are exciting times at IndigoVision. Sales growth in the United States, Asia Pacific, and EMEA are a result of IndigoVision’s extensive range of high performance products, led by industry leading Control Centre software and high performing camera lines, together with sales team focus on delivering results.”
