DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/b2g2fd/security) has announced the addition of the "Security Competitive Profiles - NICE Systems" report to their offering.
At a corporate level, NICE Systems (NICE) positions itself as a software organisation with solutions to help customers gain value from Big Data, structured, and unstructured. The Security, Safety, and Operations business is one of 3 divisions. The others are Customer Interactions and Financial Crime and Compliance. NICE's revenue from security amounted to $194 million in 2013, which was 20% of their corporate revenue. Their security sales increased by 4.3 % from 2012 to 2013.
Key Findings:
- At a corporate level, NICE Systems (NICE) positions itself as a software organisation with solutions to help customers gain value from Big Data, both structured and unstructured.
- The Security, Safety, and Operations business is one of three divisions of the company. The other two are Customer Interactions and Financial Crime and Compliance.
- The increase in security revenue was driven primarily by the increase in sales of cyber and intelligence solutions, mainly to law enforcement and intelligence agencies. Increase in the use of Internet protocols, optimisation of the technology refresh cycle, and the need to comply with changing security regulations also led to an increase in revenue.
- NICE's notable recent successes have been related to major sporting events across the world. Projects for cities such as Sochi (Winter Olympics 2013), several Brazilian cities (FIFA World Cup, 2014), and Glasgow (the Commonwealth Games, Scotland, 2014), have allowed NICE to deliver many of its public safety solutions. The company is now considered a significant competitor in the Safe City space.
- NICE has products and services that fit well with the trend towards physical and cyber convergence. Video and cyber analytics, voice authentication, and an increasing focus on cloud-based services and hosting, positions the company well in the market.
- The competitive nature of NICE's security market space, with multiple vendors and fast-paced technology development, requires the company to maintain current R&D investment levels and to acquire the technology required to fill gaps in its portfolio.
Key Topics Covered:
1 Executive Summary
2 Key Findings Analysis
3 Key Metrics
4 Key Corporate Strategies
5 Regional and Industry Market Penetration
6 Key Projects
7 Analysis of Market Coverage
8 Overview of Technology and Key Brands
9 Analysis of Capability
10 Analysis of Global Footprint Strengths, Weaknesses, Opportunities and Threats
For more information visit http://www.researchandmarkets.com/research/b2g2fd/security
