Hikvision is the world’s leading provider of innovative security products and solutions. Hikvision now has more than 34,000 employees, over 16,000 of which are R&D engineers. The company annually invests 7 – 8% of its annual sales revenue to research and development for continued product innovation. Hikvision has established a complete, multi-level R&D system that includes every operation from research to design, development, testing, technical support, and service. Centered at its Hangzhou headquarters, the R&D teams operate globally, including R&D centers in Montreal, Canada and London in the UK, as well as five cities in China. Hikvision advances the core technologies of audio and video encoding, video image processing, and related data storage, as well as forward-looking technologies such as cloud computing, big data, and deep learning. Over the past several years, Hikvision deepened its knowledge and experience in meeting customer needs in various vertical markets, including public security, transportation, education, healthcare, financial institutions, and energy, as well as intelligent buildings. Accordingly, the company provides professional and customized solutions to meet diverse market requirements. In addition to the video surveillance industry, Hikvision extended its business to smart home tech, industrial automation, and automotive electronics industries — all based on video intelligence technology — to explore channels for sustaining long-term development. Hikvision has established one of the most extensive marketing networks in the industry, comprising 44 overseas regional subsidiaries, to ensure quick responses to the needs of customers, users and partners. Hikvision products serve a diverse set of vertical markets covering more than 150 countries, such as the Philadelphia Recreation center in the USA, the safe city project in Seoul, South Korea, Dun Laoghaire Harbour in Ireland, and the Bank of India, to name just a few. Hikvision went public in May, 2010, and is listed on SMEs Board at Shenzhen Stock Exchange.
