Veracity continues to deliver 30% growth as demand for IP video, transmission and storage solutions increases
Prestwick, United Kingdom – 27 September 2017 – Veracity, a leading provider of innovative, intelligent solutions that solve real-world IP video challenges in transmission, storage and display, has completed its 12th year of continued growth. Continuing momentum includes over 30% increase in staff across a range of geographies, rapid expansion of a recent acquisition, new offices in the UK, India and the Middle East and new appointments to its leadership team as well as continuing, accelerated revenue growth.
In December Veracity acquired i-Comply Limited, the UK’s leading software provider of integrated command and control security solutions. In the intervening 10 months Veracity has strengthened its operations including financial restructuring, the introduction of group processes and support procedures and further investment. The net effect is that i-Comply is profitable with a growing revenue stream and a continuously increasing opportunity pipeline. In 2017 i-Comply will double headcount as it prepares for expansion in the UK and international markets.
Earlier this Year, Veracity opened a new office in Dubai and appointed Dan England as its new General Manager for the Middle East and Africa region. Mr. England will work closely with regional distributors, and partners to promote Veracity solutions with major customers. Veracity also opened a new office in New Delhi, India which offers key access to customers and partners across the Asian markets.
Earlier this month Veracity appointed Jack Meltzer, a highly regarded executive with over 30 years’ experience to move forward its expanded partner programs. Based in North America with an international remit, Mr. Meltzer will work closely with architects, engineers and consultants to bring Veracity into the very earliest stages of major, mission critical projects.
To support this expansion and rising demand, Veracity has grown its staff levels by over 30% so far this year and is actively recruiting new channel partners across its international community of distributors and transacting partners.
“The last 12 months has seen a major acceleration in our growth and our ongoing investment in business infrastructure and expertise, and this is a response to global demand for our innovative technology solutions,” says Alastair McLeod, Group CEO of Veracity, “We are finding particular interest from new markets such as the Gulf and India and export volumes to both of these regions have increased significantly with further growth expected over the next year.”
Veracity delivers innovative, intelligent solutions that solve real-world IP video challenges in transmission, storage and display. For over a decade, our products and designs have been trusted and recommended by security system integrators, enterprise clients and major industry partners. The solid foundations of our in-depth expertise and our highly-talented team enables us to work with key companies in the industry and continuously create new opportunities and growth for ourselves and our partners.
Transmission: Veracity offers a full range of IP transmission products designed for IP video, including Ethernet-over-coax adaptors, network extenders and long-range wired Ethernet transceivers, all with POE. Veracity’s extensive product range also includes Master NTP time servers, IP camera installation tools, and POE network switches, including 12/24V versions for vehicle applications. Veracity’s IP products are sold throughout the world via integrators, distributors and partners. The products have a strong reputation for innovative design, high quality, reliability, and very long lifetimes.
Storage: Veracity is the pioneer of the first storage solution designed for specifically for video surveillance. Veracity COLDSTORE™ surveillance storage systems provide the highest possible levels of hard disk reliability and the longest file retention periods whilst simultaneously delivering a 90% reduction in energy consumption versus conventional RAID storage solutions. COLDSTORE™ customers have benefited from a dramatic reduction in total cost of ownership for high capacity storage across applications as diverse as city surveillance, stadia, hospitality, healthcare, retail, logistics, banking/finance, prisons and transportation.
Display: Veracity’s third product area involves the display and presentation of not just video, but also system information and status monitoring, aimed at improving and simplifying the management of larger surveillance systems. Veracity’s aim is to deliver critical monitoring functions in a highly visual and concise manner, reducing operator training costs and improving overall system efficiency. The recent acquisition of i-Comply is a natural fit for the company and enables Veracity to expand its strategy of delivering high-end security solutions at a lower total cost of ownership whilst helping system integrators and consultants offer better value to our customers.
For further information on VIEWSCAPE™, TRINITY™ and COLDSTORE™ please contact:
Anne Harding at The Message Machine (PR for Veracity)
Tel: +44 7887 682943 E-mail: firstname.lastname@example.org
VIEWSCAPE™, TRINITY™ and COLDSTORE™ are trademarks of Veracity UK Ltd.