MG Squared debuted the first lowering device designed for surveillance cameras at the ITS World Congress back in 1996. Fast forward to this ITS World Congress 2014 and the company has substantially increased its global footprint. With tens of thousands of its innovative lowering devices installed worldwide, MG Squared’s Martin Maners is convinced they are still at the tip of the proverbial iceberg. Maners notes, “reports indicate the US$20 billion global surveillance market will grow at a CAGR of around 1
September 7, 2014
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Expanding horizons: Shep Maners of MG Squared
93 MG Squared debuted the first lowering device designed for surveillance cameras at the ITS World Congress back in 1996. Fast forward to this ITS World Congress 2014 and the company has substantially increased its global footprint. With tens of thousands of its innovative lowering devices installed worldwide, MG Squared’s Martin Maners is convinced they are still at the tip of the proverbial iceberg. Maners notes, “reports indicate theUS$20 billion global surveillance market will grow at a CAGR of around 14% through 2017. Even if only 20% of the cameras referenced in the forecast utilised the maintenance saving lowering device, our future sales would dwarf the solid numbers we have been posting year after year.”
One recently added country to the MG Squared resumé is Qatar where the transportation authority has begun to rapidly invest in ITS deployment. The cameras to be used throughout Qatar’s roadways are being placed on camera lowering devices. These systems greatly enhance the safety, ease and speed that cameras can be maintained and cleaned in the rugged desert environment in that Gulf Region. As of August 2014, MG Squared has made claim to the first camera lowering devices installed in Qatar - the first project of many in the Qatar-MG Squared pipeline began with over 100 lowering devices on 15m poles.
The company suggest that delegates interested in “Lowering Down Time & Raising Performance” within any of their structure mounted surveillance camera applications, would do well adding their footprints in front of the MG Squared booth.
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An important strategic task every company must do periodically is review products and make sure they match the goals and direction of the company. In March, Vaisala, the global weather solutions provider, concluded that three non-weather road transportation products no longer match its long term strategy, and thus sold these products to another company.
The Traffic & Infra division of Imtech, the global, Netherlands-headquartered, technical services and ICT company, will be exhibiting a vast array of transport related solutions and services from across Europe, North America and Brazil. The division, which has grown through the acquisition of traffic management and parking systems companies, including Peek and WPS, specialises in transportation infrastructure and will be demonstrating innovative solutions for traffic management, safety, intelligent transpor
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