HOUSTON -- (BUSINESS WIRE) -- Iron Sky, a leading provider of physical security solutions to government agencies, announces revenue growth projections for 2013-2015. Iron Sky’s sales grew by 40% in 2012 and sales are projected to increase by 105% in 2013.
The surge in sales has been driven by Iron Sky’s combined software and integration approach to the market. State & Local Government agencies are facing unique security challenges that require customized solutions. Iron Sky has addressed those challenges by creating customized software solutions, while incorporating wireless and mobile advancements, cloud services, as well as the latest in hardware innovations.
“Our vision has always been to combine the previously segmented components of physical security projects into a single initiative,” stated Iron Sky President & CEO Keith Drummond. “This produces more customized, user-friendly solutions for our clients, and more efficient, profitable projects for Iron Sky. The results can clearly be seen in the growth we are now experiencing.”
Recent industry reports also show impressive growth numbers both in the US and internationally. IMS Research states that the market for wireless infrastructure used to support video surveillance applications is expected to more than double from $274 million in 2011 to $705 million in 2017, an increase of nearly 160%. Research and Markets states that the global video surveillance as a service market will grow at a combined annual growth rate of 28.1% from 2012-2016. The firm Markets and Markets states the total video surveillance applications market is expected to reach $25.43 billion by 2016.
“Our 2013 projections are based primarily on awarded contracts with State & Local agencies. Our 2014-2015 projections take into account our expansion into the Federal market as well as commercial markets such as Oil & Gas. Our technology advancements will follow the trends of the hardware manufacturers. For example, as the iPad advances, Iron Sky will work to leverage those advancements, putting increased public safety tools directly into the hands of first responders,” stated Drummond.
About Iron Sky, Inc.
Iron Sky was founded in 2008 and is based in the Houston suburb of Katy, Texas. Iron Sky provides a broad range of physical security services and solutions to clients across the country, that center around delivering Better Tools To Fight Crime. For more information please visit: www.ironsky.com