The security industry has changed drastically in the last 20 years: network cameras are replacing analog cameras; AIoT is becoming a major theme in the IP surveillance industry; and the demand of the industry is providing more solutions with higher bandwidth at a lower cost.
VIVOTEK, however, is ready to adapt to those changes.
“Our goal is to become one of the trusted brands along with positioning ourselves to be one of the first tier brands in IP surveillance industry in the next 10 years,” said Sunny Huang, corporate communication supervisor at VIVOTEK.
What initially began as a start-up with 10 employees is now a 1,000-person global organization. Although VIVOTEK has changed its focus from technology licensing to cameras, PoE switches, network video recorders and video management software since its founding, the company remains dedicated to providing IP surveillance solutions.
The company was founded in 2000 during the dot.com boom by Owen Chen. At the time, Chen saw an emerging global trend of broadband and wireless services and established headquarters in Taipei, Taiwan.
Although still headquartered in Taipei, the company now has six other offices and subsidiaries in the California, the Netherlands, Delhi, Dubai, Mexico and Tokyo.
According to Huang, the company’s growth is attributed to a mantra of “hard work always finds victory.”
And there are plenty of victories to list. The company went OTC in 2006, launched spin-off company Vatics in 2007, established its first subsidiary in the United States in 2008 and followed with an IPO on the Taiwan Stock Exchange in 2011. The company was one of the five founding members of the Open Security and Safety Alliance (OSSA) in 2018. Additionally, VIVOTEK has ranked as Taiwan’s top IP surveillance company and among the top 20 in the global security market. Currently, the company has worked with over 183 authorized distributors in over 116 countries.
The hard work that helped VIVOTEK grow in the beginning will help the company become the “Eye in IoT” and go beyond traditional security applications, according to Huang.
“In this critical moment of COVID-19, VIVOTEK will retain our original intent, build strong trust with our partners, and stay innovative in the next 20 years and beyond,” Huang said.