FLIR Systems Inc. Overview
Company Global Headquarters: US
Founded: 1978
Workforce: ~3,649
Company Overview. FLIR Systems Inc. (FLIR Systems) designs, develops, markets, and distributes the solutions such as thermal imaging cameras, imaging sensors, and their components. The company sells its products to various end markets, including original equipment manufacturers (OEMs), homeland security, industrial, consumer, military, enterprise, environmental, and infrastructure. FLIR Systems operates through six segments, namely surveillance, instruments, security, OEM & emerging markets, maritime, and detection. The surveillance segment offers recognition and enhanced imaging solutions under commercially developed, military qualified (CDMQ) models for law enforcement, military, public safety agencies, and other government customers. The company operates globally in the Americas, Europe, Asia, and the Middle East and Africa.
Strategy
FLIR Systems use a commercial operating model for product strategy and technology investment. The company primarily focuses on product development and acquisitions for its growth as well as global expansion. The company has a wide geographical presence and major focus on developing innovative technologies. The key elements of growth for FLIR Systems include controlling the corners where company seeks strong position in both entry-level and high-performance price points. In each market the company serves- lower costs and increasing awareness of its products, identifying the market needs and accordingly invest in research, distribution, staffing, and product development, and increasing focus on brand, distribution and innovation.
