In the period 2005 to 2009, Genetec grew by an astonishing 198 per cent which it attributes to vigorous sales of Omnicast, which it calls the most advanced and scalable IP video surveillance solution on the market.
Yesterday it announced that it ranked number 425 on Technology Fast 500™, Deloitte’s ranking of 500 of the fastest growing technology, media, telecommunications, life sciences and clean technology companies in North America.
Genetec’s chief executive officer, Pierre Racz, credits the vigorous sales of Omnicast and Genetec’s pursuit of innovative new solutions that combine advanced features and simplicity of use, for the company’s 198 percent revenue growth over the past five years.
“We have achieved our recent growth primarily from our sales of Omnicast, our video surveillance system part of the Security Center, our unified security platform,” he says. “We see more accentuated growth for Genetec in the next three years from the significant traction we are getting from our unified platform combining video surveillance with access control and license plate recognition systems, as well as from the SV-16, our network security appliance.”
Technology Fast 500™ recognizes innovative companies that have broken down barriers to success and defied the odds with their outstanding five-year revenue growth.
“With its remarkable growth from 2005 to 2009, Genetec has earned its position among the fastest growing technology, media, telecommunications, life sciences and clean technology companies in North America and deserves our congratulations,” said John Ruffolo, National Leader, Technology, Media & Telecommunications Industry Group, Deloitte Canada. “Deloitte is proud to honour Genetec for this accomplishment.”
For additional details on the Technology Fast 500™ including qualifying criteria, visit www.fast500.com
Genetec is a pioneer in the physical security and public safety industry and a global provider of world-class IP license plate recognition (LPR), video surveillance and access control solutions to markets such as transportation, education, retail, gaming, government and more. With sales offices and partnerships around the world, Genetec has established itself as the leader in innovative networked solutions by employing a high level of flexibility and forward-thinking principles into the development of its core technology and business solutions. Genetec’s corporate culture is an extension of these very same principles, encouraging a dynamic and innovative workforce that is dedicated to the development of cutting-edge solutions and to exceptional customer care. For more information, visit genetec.com.