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Iveda Solutions, Inc. (IVDA) is a leading provider of cloud video surveillance solutions through its proprietary sentir® video and data management platform. The company enables service providers to offer plug-and-play cloud video services to their customers, leading to a recurring revenue model. With a safety act certification from the Department of Homeland Security, Iveda is recognized as a qualified anti-terrorism technology provider. Additionally, Iveda offers IoT sensors and devices for various applications such as energy management, smart homes, smart buildings, smart communities, and patients and eldercare. Its IvedaAI brings AI functions to IP cameras and network video recorders, enhancing security and efficiency. The company operates in the U.S. and the Republic of China (Taiwan), with a significant portion of revenue coming from Taiwan.
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Iveda (IVDA) announces a successful partnership with Grupo Desson in Latin America, projecting $6M for 2024 with $30M in recurring revenue over five years. The exclusive agreement aims to bring in 100 new customer locations annually, with Grupo Desson contributing $500,000 in consulting and presentations for 2024 IvedaAI deployments. Iveda's AI technology is set to revolutionize smart city initiatives in Mexico and Latin America, with potential expansions into airport security and national department stores. The partnership focuses on enhancing security and safety while optimizing resources and productivity.
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Iveda (IVDA) announces a $3.2 million contract with an undisclosed government agency for AI-powered technology, following previous contracts of $2.7 million and $1.7 million. The deployment is expected to be completed by 2026, enhancing infrastructure security. Iveda Taiwan will oversee the execution, emphasizing the importance of AI in ensuring safety and security globally.
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Iveda (IVDA) partners with VinaFore to enhance smart city solutions in Vietnam, focusing on transportation and telecom sectors. The collaboration aims to leverage Iveda's AI technology to drive the fifth industrial revolution in Vietnamese smart cities. Projects include intelligent transportation systems, industrial park enhancements, and quality control inspections. The partnership is expected to result in multi-million-dollar projects for 2024 and beyond, contributing to Iveda's market share growth in the region.
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Iveda® (IVDA) introduces IvedaAI Sense, an AI-based sensor to enhance public safety by detecting smoke, vapor particles, and bullying incidents. The technology offers real-time alerts, aiming to reduce on-campus fights and smoking rates. With a retail price of $1,500 per unit, Iveda anticipates working with school districts to deploy the system.
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Iveda (IVDA) strengthens its position in 5G, AI, and sustainable technologies in Egypt and the EMEA region through a new office in Cairo, showcasing smart city innovations. The partnership with The Arab Organization for Industrialization (AOI) aims to support smart city developments and introduce 5th generation technology in Egypt's new administrative capital.
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Iveda's Joint Venture in the Philippines aims to modernize key infrastructure for public safety, targeting $5M in contracts by 2024. The initiative includes major cities like Cebu, Bacolod, Iloilo, and Davao, enhancing urban landscapes with AI solutions. The partnership aligns with President Marcos Jr.'s infrastructure goals, showcasing cities' trust in Iveda's technology. CEO David Ly emphasizes the company's commitment to driving AI advancements for smarter and safer cities globally.
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IVDA: Iveda delivers $200,000 contract with Waymark Gardens for AI and IoT-enabled telehealth and fall detection technology, showcasing potential for expansion to 4,000 care facilities. The IvedaCare product offers real-time remote patient monitoring, predictive software, and easy-to-use system for residents' safety and peace of mind.
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Iveda, the global solution for cloud-based AI video and sensor technologies, has launched vumastAR, an AI vision software designed to improve productivity and efficiency while reducing human error. The software is compatible with various smart devices and can be customized to meet specific industry needs. Iveda will sell vumastAR as a license per device with a monthly subscription requirement for cloud access to trained AI models. The global augmented reality market is projected to reach upwards of $1.1 trillion by 2030.
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Iveda unveils IvedaEMS, an Energy Management System that provides critical insights to monitor power consumption and reduce carbon footprints. The company expects revenue growth of $20 million USD over the next three years within its ESG business alone.
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Major General Ashraf Hassan appointed to Iveda's Advisory Board to shape Egypt's technological landscape
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FAQ
What is the current stock price of Iveda Solutions (IVDA)?
The current stock price of Iveda Solutions (IVDA) is $2.39 as of February 24, 2025.
What is the market cap of Iveda Solutions (IVDA)?
The market cap of Iveda Solutions (IVDA) is approximately 7.3M.
What does Iveda Solutions, Inc. do?
Iveda Solutions offers cloud video surveillance solutions through its sentir® platform, along with IoT sensors and devices for various applications.
What is the recurring revenue model of Iveda Solutions?
Iveda enables service providers to license its sentir platform for plug-and-play cloud video services, leading to a recurring revenue model.
What certification does Iveda have from the Department of Homeland Security?
Iveda holds a safety act certification from the Department of Homeland Security as a qualified anti-terrorism technology provider.
Where does Iveda Solutions operate?
Iveda Solutions operates in the U.S. and the Republic of China (Taiwan), with a significant portion of revenue coming from Taiwan.
What is IvedaAI?
IvedaAI brings AI functions to IP cameras and network video recorders, enhancing security and efficiency in surveillance systems.
What kind of applications do Iveda Solutions' IoT sensors and devices cater to?
Iveda Solutions' IoT sensors and devices cater to applications such as energy management, smart homes, smart buildings, smart communities, and patients and eldercare.
How does Iveda Solutions contribute to security and efficiency in surveillance systems?
By offering cloud video surveillance solutions, IoT sensors, devices, and IvedaAI with AI functions, Iveda Solutions enhances security and efficiency in surveillance systems.
Where does Iveda Solutions derive a significant portion of its revenue from?
Iveda Solutions derives a significant portion of its revenue from the Republic of China (Taiwan).
What sets Iveda Solutions apart in the video surveillance industry?
Iveda Solutions' proprietary sentir platform and focus on cloud-based solutions distinguish it in the video surveillance industry, along with its safety act certification from the Department of Homeland Security.
How does Iveda Solutions support service providers in offering cloud video services?
Iveda Solutions allows service providers to license its sentir platform for plug-and-play cloud video services, enabling them to offer advanced surveillance solutions to their customers.
What recognition has Iveda Solutions received in the security technology space?
Iveda Solutions has been recognized as a qualified anti-terrorism technology provider with a safety act certification from the Department of Homeland Security, showcasing its commitment to security and innovation in the technology sector.
Iveda Solutions
Nasdaq:IVDA
IVDA Rankings
IVDA Stock Data
7.31M
2.53M
5%
8.22%
8.06%
Security & Protection Services
Services-prepackaged Software
United States
MESA