Axis Communications is having a kind of Jekyll and Hyde moment. The network technology manufacturer is experiencing some of its best performance since its founding four decades ago. Yet at the same time it’s contending with negative sentiment and confusion among some channel partners in the wake of global supply chain bedlam.
On Tuesday the company announced it has reached key supply chain milestones, including more than 45 percent year-over-year increase in Q1 deliveries with continued growth through May 31, and record inventory levels in its Americas distribution channel to meet robust demand from systems integrators and end customers. This follows record-breaking 2022 global revenue of $1.6 billion and 20 percent global year-over-year growth, as outlined in the Axis 2022 Sustainability Report.