Iveda Solutions Inc has announced a significant new manufacturing partnership in Egypt with the Arab Organization for Industrialization and ZeroTech. This collaboration aims to produce the Iveda360 smart surveillance camera locally, enhancing Iveda's localization strategy in the region.
The Iveda360 camera features advanced imaging technology designed to modernize security across critical sectors in Egypt. With the local CCTV camera market projected to grow significantly, Iveda and its partners expect strong demand for their product, aiming to capture a share of this expanding market.
This strategic partnership not only leverages local manufacturing capabilities but also positions Egypt as a hub for next-generation surveillance technology. The collaboration is anticipated to unlock revenue opportunities in both domestic and export markets, further solidifying Iveda's presence in the region.
Iveda Solutions, Inc. offers smart city technologies globally, offering advanced artificial intelligence (AI)-driven video surveillance solutions and a suite of Internet of Things (IoT) platforms that enable digital transformation for cities and commercial clients worldwide. It offers AI intelligent video search, smart utility, smart sensors, gateways, and trackers, and IoT platforms (Products). Its technology/products include IvedaAI, Cerebro, IvedaSPS, Utilus, vumastAR, IvedaXpress, Iveda Smart UVC, IvedaCare and LevelNOW. IvedaAI consists of deep-learning video analytics software running in a computer/server environment that can either be deployed at an edge level or data center for centralized cloud model. Cerebro is a software technology platform that integrates a multitude of disparate systems for central access and management of applications, subsystems, and devices throughout an entire environment. IvedaSPS is its smart power solution, utilizing its Cerebro IoT platform.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
