Iveda Solutions
Overview
Iveda solutions is a worldwide provider of smart city digital transformation technologies, Artificial Intelligence (AI)-based video search technology and Internet of Things (IoT) devices and management platforms. Iveda Solutions has been offering cloud video surveillance technologies to service providers for two decades.
Iveda Solutions, Inc. enables cloud video surveillance via its Sentir data and video management platform, utilizing proprietary video streaming and big data storage technology. The firm provides services for telecommunications companies, datacenter operators, ISPs, and cable companies. Its products include IP Video products, IOT Devices & LAN Switches. The company was founded by David Ly in 2003 and is headquartered in Mesa, Arizona.
Iveda has been a publicly-traded company since 2009, under the ticker symbol IVDA.
Specialties:
Cloud Video Surveillance Software, Smarthome, Plug and Play IP Cameras, In-vehicle surveillance, Video Surveillance, Artificial Intelligence, and Homeland Security.
Core competencies:
- Digital Transformation
- Deep Learning
- Intelligent Mobility
- Edge Computing
Products and Services
Iveda Solutions, Inc. provides artificial intelligence (AI) and digital transformation technologies in the United States and Taiwan. The company offers
- IvedaAI, a deep-learning video analytics software for intelligent video search,;
- IvedaPinpoint, a solution that manages Bluetooth trackers and sensors, and displays them on a map for exact location;
- Sentir Video, a video surveillance solution for various kinds of applications;
- Cerebro, a software technology platform that integrates a multitude of disparate systems for central access and management of applications, subsystems, and devices;
- IvedaSPS, a smart power solution.
- Utilus, smart pole solution.
- Smart utility, smart sensors, gateways, trackers, and IoT platforms.
- IvedaCare, AI enabled assistant for Safety , Security and Elderly care.
- Smartdrone, an Autonomous Drone part of Iveda’s smart city solution.
- VEMO, a 5G Body Camera with AI Capabilities
Users
| Building Security | Campus Security | Public Health |
| Safe and Smart City | School Safety & Security | |
| Hospital Asset Tracking | RV and Motorhome Security |
Features
| Object Search | Intrusion Detection | Facial search / recognition |
| License Plate recognition | People/Vehicle counting | Weapon Detection |
| Abnormal Activity Detection | Asset tracking | Health Analysis |
| Heatmap Generation | Energy Management | Smoke/Fire Safety |
Financials
Pipeline (Growth drivers)
In The Media
Company History
Iveda Solutions, Inc. began operations on January 24, 2005, under the name IntelaSight, Inc., a Washington corporation doing business as Iveda Solutions (“IntelaSight”). It started in a 250-square-foot office at Alma School Road and Southern Avenue in Mesa 20 years ago with a couple employees.
Starting out in 2003, the company was bringing surveillance systems into the 21st century by upgrading them from VHS tape recorders to cameras linked to networks and cloud storage.
One of the company's first customers and investors was Mesa businessman Joe Farnsworth of the real estate and home-building Farnsworth family.
In 2007, Intelasight changed its name to Iveda which means “see” in Italian.
In 2009, IntelaSight became a wholly-owned operating subsidiary of Iveda Corporation (formerly known as Charmed Homes, Inc.), a Nevada corporation, through a merger. All Company operations were conducted through IntelaSight until December 31, 2010, at which time IntelaSight merged with and into Iveda Corporation, which changed its name to Iveda Solutions, Inc.
In 2009 Iveda Solutions went Public through a Reverse Merger.
In 2011, Iveda officially marked its entry into the Asian market. Iveda acquired MEGAsys Taiwan , a company that designed and integrated electronic security and surveillance products, software, and services.
MEGAsys at that time had established relationships with key customers in Taiwan and neighboring countries including the Taiwan Stock Exchange, Taiwan’s International Airport, Shanghai Commercial and Savings Bank among others.As of April 30, 2011, MegaSys is a wholly owned subsidiary of the Company.
A partial list of key project wins
| 2005 | IP Surveillance System at Insurance Auto Auctions’ 63-Acre Facility in Phoenix |
| 2006 | Real-Time Video Security Surveillance to Globe-X 2006 Gem & Mineral Show. |
| 2010 | Live Video Surveillance for Arizona State Fair |
| 2011 | Video surveillance systems for State Government of Chiapas and the State Government of Tabasco in regards to Public Safe City projects in Mexico. Deployment of the Monitoring Center and video surveillance systems integration for the New Taipei City Police Department. |
| 2014 | ARCUS Private Capital Solutions, LLC for its real-time remote surveillance service, IvedaSentryTM and video hosting service, IvedaEnterprise at two of their properties, in Glendale, Arizona and Fresno, California. Cloud based plug and play cameras for Philippine Long Distance Telephone Co. (PLDT), a Leading Philippine Telecommunications Company. Update Video Surveillance System at Taiwan Taoyuan International Airport. Update Security Systems at Taiwan Stock Exchange. Deploy Sentir Platform in Japanese Data Center. |
| 2015 | 10,000 Plug-and-Play Cloud Cameras for Philippines Telecom. Partnered with Chunghwa Telecom, the Taiwan’s largest integrated telecommunications services company for Cloud-Video Surveillance Contract. Taiwan Stock Exchange Cloud Video Surveillance Platform Installation in Four Data Centers in Vietnam |
| 2017 | Safe City Projects with Taiwan’s Chunghwa Telecom |
| 2018 | Contracts with two undisclosed government entities in Taiwan to upgrade outdated communications and video surveillance systems to the latest network technology standards. |
| 2021 | Contract from Chunghwa Telecom/Farglory Dome to install a cloud video surveillance system on a private cloud, utilizing Sentir Video. Contract with Taiwan Taoyuan International Airport for expansion of the airport’s facility management system and power monitoring of its 161KVA high voltage transformer station. |
| 2022 | Smart Pole Purchase Order from New Strategic Partner for Agricultural and Solar Farms in Japan. Contract with a Taiwanese government agency to provide video security surveillance system at 61 locations countrywide. |
| 2023 | Utilus Smart Pole Deployment in Kaohsiung, Taiwan, Enabling A True Smart City Infrastructure. Video survelliance contract with Taiwan Stock Exchange, Tainan Solar Park, Taipei City Government Public Works Bureau. A 20-year, exclusive distribution agreement, creating a physical security partnership with Logistica Corporativa Agua Azul––part of the Grupo Desson portfolio––effectively bringing innovative AI video search and IoT technology to the Latin American market. |
