
June 24, 2008
Based on its recent analysis of the video surveillance market, Frost & Sullivan recognizes GE Security with the 2008 North American Frost & Sullivan Award for Video Surveillance Solutions Company of the year.
This Award lauds GE Security's portfolio reorganization strategy to ensure that it delivers on its vision and potential as the leading video surveillance vendor. GE Security is already one of the largest security companies with global revenues of approximately $1.8 billion in 2006.
Its strong video offerings and an innovative integrated solutions approach are helping set GE Security apart. The company has heavily invested in technology that has allowed for the development of a new platform of products, coupled with an innovative integrations solutions approach, which are greatly improving video offerings and performance.
"In 2007, GE Security undertook a complete overhaul of its internal processes and the management began to reorganize its video products business to better deliver on the promise of GE in the security space," says Frost & Sullivan Industry Analyst Dilip Sarangan. "In particular, this effort focused on delivering more and better integrations as a path to maximizing its growth potential and better serving the security industry."
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