We are pleased to announce that our finalised 2010 accounts show sales growth of 25% on the year 2009. NW has been growing year-on-year since our inception in 2004 with group sales in 2010 reaching £2,328,000 ($3,785,000). Our results show that IP video is the market-preferred platform for CCTV installations, which is a great encouragement for us to continue to focus on delivering leading-edge network-based video solutions.
With a strong 2010 behind us we are planning for further growth and improvement of our services during the current year. 2011 year has already seen the recruitment of additional staff in sales and marketing and further development of our hosted products SecurityStation, RemoteManager and Streamdays is on the cards for the second half of this year, which will re-inforce the market-leading qualities of these three widely used cloud-based platforms.
Our UK-only system integration arm NW Systems is growing rapidly and we are expecting that this growth will continue for the foreseeable future, based on the positive feedback we continue to receive from our users regarding both system as well as service quality.
Network Webcams, our supply only division, also remains a strong contributor to growth. Following its success in the UK and ongoing growth in the US, we are planning to expand further into Europe during the course of this year. With manufacturers making IP cameras more-and-more user-friendly and hosted video services such as SecurityStation removing any technical barrier to adoption, we believe the real boom in IP video use is still to happen.
NW Systems Group is a private limited company registered in the UK and does not (and has no obligation to) publish a profit and loss account. NW specialises in IP video & security and has offices in the UK (Wirral, HQ, Fife and London) and the US (NY).
The town halls of Banchory and Inverurie are now viewable on Streamdays, NW Systems Group’s live webcam streaming service. Installed in May 2011, the Streamdays cameras give visitors instant round-the-clock access to a live video feed of the town halls.
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