March Networks Corporation
| File:TO BE ADDED | |
| Private | |
| ISIN | 🆔 |
| Industry | Business intelligence Physical security Video Surveillance |
| Founded 📆 | 2000 |
| Founder 👔 | Terry Matthews |
| Headquarters 🏙️ | , , |
Area served 🗺️ | Global[1] |
Key people | Peter Strom, President, CEO Net Payne, Chief Sales and Marketing Officer Ted Bushnik, Global VP, R&D Christine Maher, General Counsel Jeff Range, VP, Global Operations |
| Products 📟 | Network cameras Network video recorders (NVR) Mobile applications Surveillance Cameras Video-based business intelligence Video Management Systems (VMS) |
| Members | |
Number of employees | |
| Parent | Infinova Canada Ltd. |
| 🌐 Website | https://www.marchnetworks.com |
| 📇 Address | |
| 📞 telephone | |
March Networks Corporation is a Canadian-based developer and manufacturer of IP-video surveillance and video-based business intelligence technologies and related products for use in the banking,[2] commercial, education, healthcare,[3] industrial, public sector, retail,[4] transportation,[5] and other markets. Operating globally from its corporate headquarters in Ottawa, Ontario, Canada where it was founded in 2000,[6] it maintains regional offices in Australia, Italy, Mexico, Singapore, United Arab Emirates (UAE), and the United States.[1]
History[edit]
March Networks was founded in 2000[6] in Ottawa, Ontario, Canada by serial entrepreneur Terry Matthews.[7] As a startup, the company focused on developing video software and purpose-built digital video recording solutions for multiple vertical markets.
In 2005, the company completed ISO 9001:2000 certification through the Quality Management Institute, a division of the CSA Group standards organization.[8] That same year, it also filed plans for,[9] and completed, an initial public offering (IPO).[10] It began trading on the Toronto Stock Exchange (TSX) on April 27, 2005.[11]
In November 2010, the company launched a new Partner Connections initiative for its certified dealer network, offering various sales and marketing and training resources and tools.[12]
In 2012, March Networks was acquired by Infinova Canada Ltd.[13]
Between 2002 and 2016, the company was awarded multiple patents for technologies including the remote configuration of digital video surveillance system elements; the automatic configuration of camera to video management server connections; hierarchical data storage; automatic camera health monitoring system and method; and video surveillance system content management, among others.[14]
Expansion[edit]
Since its founding, March Networks has expanded its operations internationally through the opening of regional offices. Its first regional office opened in Atlanta, Georgia in 2000. That same year, the company also expanded its technology base with a series of acquisitions, beginning with emergency response solutions provider Elcombe Systems Limited in November 2000.[15]
In January 2001, March Networks acquired content management platform developer MainSource Software,[16] followed by its acquisition of media technology company InfoPreneur, Inc. in May 2001.[17]
In 2005, the company expanded into Latin America, with the opening of its office in Cuajimalpa, Mexico.
In July 2006, March Networks acquired Trax Retail Solutions, a developer of enterprise-grade loss prevention, store operations control, and profit optimization software.[18]
In April 2008, March Networks acquired IP video surveillance company Cieffe S.p.A. and its subsidiary, Insignis Technologies S.r.l. Cieffe in Milan, Italy, which now serves as the company's European headquarters.[19]
March Networks expanded its global footprint again in 2009, opening regional sales offices in Dubai, UAE, and Sydney, Australia.
In 2014, the company opened a regional office in Singapore.
Acquisition[edit]
In December 2011, March Networks announced it was being acquired by Monmouth Junction, New Jersey-based video surveillance equipment maker Infinova for C$90.1 million, providing it with access to the growing Chinese market.[20] The acquisition was completed in March 2012, with the company serving as an independent subsidiary of Infinova.[21]
Products[edit]
Recorders[edit]
March Networks manufactures Linux OS-based hybrid and tribrid video recorders that support its own IP, analog, and HD analog surveillance cameras, as well as a variety of third-party cameras through the Open Network Video Interface Forum (ONVIF) and direct integrations.[22]
The company also makes ruggedized video recorders for bus and passenger rail applications.[23] Its transit recorders are Wi-Fi and 4G-enabled, so video can be downloaded remotely. The devices integrate with vehicular computer aided dispatch, automatic vehicle location, and GPS data, and comply with environmental, electromagnetic, and shock/vibration regulatory standards.
Video Management Software[edit]
March Networks produces fully-distributed, single-server, and entry level video management software.[24]
Cameras[edit]
March Networks produces ONVIF-compliant IP cameras,[25] as well as analog, and HD analog cameras. It also makes ruggedized mobile cameras and ATM cameras. Many of its cameras support high dynamic range video, and include features such as infrared LEDs.
Business Intelligence Software[edit]
March Networks develops and sells video-based business intelligence software.[26] The applications integrate surveillance video with ATM and teller transaction data in banking, and point-of-sale (POS) transaction data in retail applications, as well as other analytics and data. The products are used to deter theft and fraud, and investigate ATM skimming, cash harvesting, jackpotting, sweethearting, and organized retail crime.
Hosted Video Services[edit]
The company also offers video software as a service (SaaS) for retailers seeking to outsource system component management and maintenance.[27]
Mobile Applications[edit]
March Networks offers mobile applications, including GURU, which delivers technical support for its products via smartphone, and Command Mobile for live and archived video viewing.[28]
Research and industry activities[edit]
March Networks maintains research and development Centers of Excellence at its global headquarters in Ottawa, Canada, as well as in Milan, Italy, and Shenzhen, China.
Additionally, the company commissions and publishes research with partner firms such as Ipsos.[29]
March Networks maintains membership and actively participates in industry trade, business, government, and standards development associations, including:
- American Public Transportation Association (APTA)[30]
- ASIS International
- ATM Industry Association (ATMIA)[31]
- Florida Public Transportation Association (FPTA)[32]
- Canadian Urban Transit Association (CUTA)[33]
- Kanata North Business Association[34]
- National Retail Federation (NRF)
- ONVIF[35]
- Retail Council of Canada (RCC)
- Retail Industry Leaders Association
- Security Industry Association (SIA)[36]
- South West Transit Association (SWTA)[37]
Awards[edit]
March Networks has been recognized with a variety of business and industry awards, including a 2009 Deloitte Technology Fast 500 Awards, North America;[38] an Outstanding Technology Award for Advanced Innovation; IEEE Ottawa Section, in 2013;[39] and the Kanata North #SeriousTechLivesHere Company of the Year award from the Ottawa Chamber of Commerce and Ottawa Business Journal in 2016.[40] It was also among those named to Government CIO Outlook's 10 Intelligent Video Solutions Providers list in 2017.[41]
External links[edit]
See also[edit]
References[edit]
- ↑ 1.0 1.1 "Contact Us". March Networks. Retrieved February 27, 2018.
- ↑ Mahmoud, Ali (September 1, 2013). "On the Cutting Edge". Security Today. Retrieved March 22, 2018.
- ↑ Zeidenberg, Jerry (October 2001). "High-Speed Tele-Homecare Trial Launched in Maritimes". Canadian Healthcare Technology. Retrieved March 28, 2018.
- ↑ "Hideaway Pizza Installing March Networks Video Surveillance Solution". Chain Store Age. Lebhar Friedman. Retrieved March 28, 2018.
- ↑ Brown, Jennifer (September 29, 2006). "Bombardier Signs Transit Security Deal with March Networks". Security Today. Retrieved March 22, 2018.
- ↑ 6.0 6.1 "Company Overview of March Networks Corporation". Bloomberg L.P. Bloomberg. Retrieved March 22, 2018.
- ↑ Lau, Debra (May 16, 2001). "Forbes Face: Terry Matthews". Forbes. Retrieved March 28, 2018.
- ↑ "March Networks Achieves ISO 9001:2000 Certification". Security Info Watch. Southcomm, Inc. Retrieved March 22, 2018.
- ↑ "March Networks files IPO plans". The Globe and Mail. Retrieved March 22, 2018.
- ↑ "March Networks Secures IPO". Security Systems News. Retrieved March 22, 2018.
- ↑ "Ottawa-Based March Networks Goes Public". CBC News. Retrieved March 22, 2018.
- ↑ "March Networks Program Aims to Help Dealers Improve Business". Security Sales & Integration. EH Publishing, Inc. d.b.a. EH Media. Retrieved April 3, 2018.
- ↑ Entwhistle, Martha (December 9, 2011). "Infinova to acquire March Networks for $88.2 million". Security Systems News. Retrieved July 5, 2018.
- ↑ "Patents Assigned to March Networks Corporation". Justia. Justia. Retrieved April 23, 2018.
- ↑ "March Networks Taking Over Elcombe". The Globe and Mail. The Globe and Mail, Inc. Retrieved March 28, 2018.
- ↑ "March Networks Acquires Content Management Company" (PDF) (Press release). MainSource Software. Retrieved March 28, 2018.
- ↑ "Company Overview of Infopreneur, Inc". Bloomberg L.P. Bloomberg. Retrieved March 28, 2018.
- ↑ Pfeifle, L. Samuel (August 1, 2006). "March Networks acquires Trax". Security Systems News. Retrieved April 2, 2018.
- ↑ Meckbach, Greg (January 30, 2008). "March to Buy Italian Video Vendor". IT World Canada. Retrieved March 28, 2018.
- ↑ "Infinova Canada Buys Fellow IP-Video Manufacturer March Networks". Cabling Installation & Maintenance Magazine. PennWell Corporation. Retrieved March 28, 2018.
- ↑ "Infinova Closes March Networks Acquisition". Security InfoWatch. Southcomm Business Media, LLC. Retrieved April 2, 2018.
- ↑ "March Networks releases hybrid NVRs". IT World Canada. International Data Group (IDG). Retrieved June 29, 2018.
- ↑ "Baltimore Buses Keeping Watch With Wireless Video". Government Video. Future plc. Retrieved June 28, 2018.
- ↑ Video Management Software (VMS) Market - Global Industry Analysis, Size, Share, Trends, Analysis, Growth, and Forecast 2017 - 2025 (Report). TMR Research. August 2018. Retrieved June 29, 2018.
- ↑ Solomon, Howard (April 3, 2008). "IP video surveillance from March Networks, Cisco". PC World. Retrieved June 29, 2018.
- ↑ Griffin, Joel (April 24, 2015). "Will video analytics experience a renaissance?". Security Informed. Retrieved June 29, 2018.
- ↑ "What Are The Most Valuable Features Of Cloud Security?". Security Informed. Notting Hill Media Inc. Retrieved June 29, 2018.
- ↑ Griffin, Joel (October 15, 2014). "March Networks launches transit-focused video surveillance offering". Security Informed. Retrieved June 26, 2018.
- ↑ Pao, William (November 9, 2017). "Security, Customer Service Key to Banks, and How Video Can Help". A&S Magazine. Retrieved April 6, 2018.
- ↑ "APTA Member List". American Public Transportation Association. American Public Transportation Association. Retrieved April 5, 2018.
- ↑ "ATMIA: The Best of July". ATM Industry Association. ATM Industry Association. Retrieved April 5, 2018.
- ↑ "FPTA Directory 2016" (PDF). Florida Public Transportation Association. Florida Public Transportation Association. Retrieved April 5, 2018.
- ↑ "CUTA Membership List". Canadian Urban Transit Association. Canadian Urban Transit Association. Retrieved April 5, 2018.
- ↑ "Member Directory". Kanata North Business Association. Kanata North Business Association. Retrieved April 5, 2018.
- ↑ "Member List". ONVIF. ONVIF. Retrieved April 10, 2018.
- ↑ "eBusiness Directory". Security Industry Association. Security Industry Association. Retrieved April 6, 2018.
- ↑ "Member Directory". South West Transit Association. South West Transit Association. Retrieved April 6, 2018.
- ↑ "2009 Deloitte Technology Fast 500 - Winners Booklet" (PDF). Deloitte. Deloitte Touche Tohmatsu Limited. Retrieved April 6, 2018.
- ↑ "2013 Award Recipients" (PDF). IEEE Ottawa Section. IEEE Ottawa Section. Retrieved April 6, 2018.
- ↑ Kovessy, Peter (November 11, 2016). "Taking on the World From Ottawa: BOBs Awards Celebrate City's Business Champions". Ottawa Business Journal. Retrieved April 6, 2018.
- ↑ "Top 10 Intelligent Video Solutions Providers 2017". Government CIO Outlook. Government CIO Outlook. Retrieved March 28, 2018.
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