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Lorex Technology Inc

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Lorex Technology Inc - Healthcare showcase

Year Founded & Workforce

1991

200 Employees

Industry

Healthcare

Services

Baby Monitor
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Lorex Technology Inc Employee Contacts

3 verified contactsNames, job titles, seniority and locations

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Lorex Technology Inc Overview

Company Headquarters: Canada

Founded: 1991

Workforce: 200 Employees

Company Working:

The company is into the development and manufacturing of video security systems. Lorex Technology Inc. provides cloud-based security systems for personal as well as corporate use. The company operates in segments such as security cameras, wireless security cameras, internet protocol cameras (IP cameras), security digital video recorder (DVR), security camera systems, HD security camera system, and lorex security camera accessories

Lorex Technology Inc. is a subsidiary of FLIR Systems Inc. Hence, the below financial information provided is of FLIR Systems Inc.

Strategy

The company focuses on investing in research and development of advanced products for creating new solutions for customers in their core area which is video security system

Company Snapshot

$1,557M

Revenue

200

Employees

1991

Founded

Canada

Headquarters

SWOT Analysis

Strengths

  • Strong presence in North America
  • High quality video security systems
  • Strong distribution network in the US

Weaknesses

  • The company has limited presence in countries other than the US
  • Focused on only video security systems

Opportunities

  • Partnership with leading distributors to increase the company’s market presence

Threats

  • Tough competition from prominent market players

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Product Offering

  • Lorex Technology Inc
    • Baby Monitor

Financial Performance

Explore key financial metrics, segmented revenue, balance sheet health, and performance trends.

By Business Segment: Sales rose from USD 1,557 Mn in 2015 to USD 1,800 Mn in 2017.
Lorex Technology Inc — By Business Segment
Series (USD Mn)201520162017
Sales1,5571,6621,800

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