Canon India enters security & surveillance market
Kensaku Konishi, CEO Canon India (right) and Alok Bharadwaj, Senior Vice
President, Canon India (left) at the launch of Canons security &
Canon India has announced its foray into the security business
with a range of 10 network surveillance IP cameras suitable for various security
and surveillance applications such as monitoring, tracking and recording human
movement, even in the dark.
The VBC 500D IP camera can be used to monitor areas such
as shopping malls, offices as well as tight spaces such as ATMs and elevator
lobbies. This IP camera also supports Power over Ethernet (PoE) that allows
the use of a single LAN cable connected to a PoE HUB to both power the camera
as well as transfer video and audio data.
The company also announced the launch of 24 new products as part of which it
unveiled printing and peripheral products that support the new ISO standard
for effective printing i.e. Images Per Minute (IPM). By introducing the IPM
standard in India, Canon becomes the first manufacturer to be in line with this
trend in the domestic market.
The range unveiled included four Single Format Inkjet Printers, 10 All-in-one
Printers, three Laser Printers, five Projectors, one scanner and one IP Surveillance
Camera. At the launch, Canon also showcased the worlds smallest Wi-Fi
enabled Auto duplex All-in-one printer MP 568 suitable for Indian homes.
Kensaku Konishi, President & CEO, Canon India, said, We see a huge
demand for security products in India and being so strong in the imaging business,
foraying into the surveillance camera market was an obvious option. We have
launched VBC 60, which has the industrys highest optical zoom, in India
and are targeting a 10% market share in this domain by end 2010.
Canons printer division grew by over 58% during 2009. Its laser printers
enjoyed a 41% market share in India as of July 2009. Laser printers have contributed
significantly to the 58% growth of Canons printer business. The company
has spotted growth opportunities in the areas of education, power, healthcare,
telecom and e-governance for ICT adoption and tied up with 21 system integrators
and created a System Integrator subdivision with 12 sales people.