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Axis Communications recently reported a very positive Q1 2017 performance with net sales increasing by 29% and profit increasing by 53% with operating margin growing to 11.6%. Of course "one swallow does not make a summer" but Axis sales in two of their three main regions, the Americas and Asia have shown consistent growth since the first quarter of 2016. The exception is in EMEA where sales have fallen in the last quarter but this reflects a general fall in growth in this region. Another encouraging benchmark is that R&D spending grew 30%, showing that they are continuing to invest in product developments and advancements. This would suggest that it has not yet been adversely affected by Hikvision’s strategy of going for volume through relentless price reductions and seemingly little concern for profitability. There is no doubt that that this strategy has rapidly increased Hikvision’s share of the world market and reduced the share of […]
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This Research Note explores what’s behind Yardi Systems’ recent acquisitions of Hubble and Deskpass in the coworking sector. We focus on Yardi’s strategic rationale for acquiring these two firms, the company’s prior acquisitions in the sector, and the current state of coworking in the office market. Yardi Profile Founded in 1984 by Anant Yardi and […]
In this Research Note, we examine UrbanChain, a Manchester, UK-based startup recently named the 3rd fastest-growing UK technology company by Deloitte. The company is positioned as a provider of peer-to-peer energy services, enabling the rollout of renewable energy in commercial and industrial facilities to happen much faster. We review the company’s growth, external funding, and […]
In this Research Note, we examine Wavelynx Technologies, a Broomfield, Colorado-based vendor providing mobile-first identity and access control solutions. We take an in-depth look at the origins of the firm, its product portfolio, ownership, growth, regional expansion, and recent partnerships. Wavelynx Origins Wavelynx Technologies was founded in 2013 by Hugo Wendling, who had co-founded XceedID […]
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