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02 November 2009  
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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 Canon’s security & surveillance products

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 world’s 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 industry’s highest optical zoom, in India and are targeting a 10% market share in this domain by end 2010.”

Canon’s 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 Canon’s 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.


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