1. Market Research
  2. > Transportation
  3. > Logistics and Freight Market Trends

Security Competitive Profiles—NICE Systems

  • November 2014
  • 25 pages
  • Frost & Sullivan
Report ID: 2488501

Summary

Table of Contents

Key Findings

•At a corporate level, NICE Systems (NICE) positions itself as a software organisation with solutions to help customers gain value from Big Data, both structured and unstructured.
•The Security, Safety, and Operations business is one of three divisions of the company. The other two are Customer Interactions and Financial Crime and Compliance.
•Constitutingxx% of their corporate revenue, NICE’s revenue from security amounted to $xx million in 2013, a % increase over the previous year’s revenue. This was a result of the significant increase in sales in Asia, since North America and Europe saw a drop in revenue.
•The increase in security revenue was driven primarily by the increase in sales of cyber and intelligence solutions, mainly to law enforcement and intelligence agencies. Increase in the use of Internet protocols, optimisation of the technology refresh cycle, and the need to comply with changing security regulations also led to an increase in revenue.
•NICE’s notable recent successes have been related to major sporting events across the world. Projects for cities such as Sochi (Winter Olympics 2013), several Brazilian cities (FIFA World Cup, 2014), and Glasgow (the Commonwealth Games, Scotland, 2014), have allowed NICE to deliver many of its public safety solutions. The company is now considered a significant competitor in the Safe City space.
•NICE has products and services that fit well with the trend towards physical and cyber convergence. Video and cyber analytics, voice authentication, and an increasing focus on cloud-based services and hosting, positions the company well in the market.
•The competitive nature of NICE’s security market space, with multiple vendors and fast-paced technology development, requires the company to maintain current R&D investment levels and to acquire the technology required to fill gaps in its portfolio.

Key Corporate Strategies

•Strategic acquisitions have enabled NICE to grow and enhance its technology portfolio.
•Leveraging technology development and synergies between business groups is a committed goal for the company. NICE ensures efficiency between business units by sharing best practices, testing and development of analytics, and real-time analysis and authentication across groups.
•The percentage of NICE’s corporate revenue made up by services has climbed steadily from % in 2011 to xx% in 2013 as a result of an increase in demand for hosting services and SaaS. Cloud-based services will continue to be a focus for the company in the years to come.

Industry Coverage

•NICE has a strong position in airports and mass transportation with case studies for NICE Situator and NICE Inform.
•To date, they have not reported a strong success in the oil and gas sector. However, the solutions they offer are well-suited to digital oilfield trends.
•Security solutions for airports have primarily been focused on physical security and NICE Situator. Trends to connect airport operating databases and systems to gain a unified operating picture offer further growth opportunities for NICE.

Regional Coverage

•NICE has a strong position across North America and it can provide a strong reference list across airports and mass transportation.
•NICE has been successful in China, in both the airport and the mass transportation markets. Emerging markets will increasingly be a focus for the company. Consolidation of this success in China will depend on how successfully NICE can stay at the forefront of technology development.
•Recent Safe Cities wins in Russia and Brazil highlight the increasing shift from the traditional base of North America, and to a lesser extent, Europe, to newer, more non-traditional markets.

Strategies Related to Market

•NICE has acquired one to two organisations per year for the last three years. These acquisitions have been focused on enhancing real time, Big Data capabilities, to ensure a technology leadership position.
•NICE is primarily a software provider and its go-to market strategy is based on working with the right systems integrators and technology partners.
•The focus for future growth is on non-security market applications for NICE Situator, such as LAX and traffic management.

Get Industry Insights. Simply.

  • Latest reports & slideshows with insights from top research analysts
  • 60 Million searchable statistics with tables, figures & datasets
  • More than 25,000 trusted sources
  • Single User License — provides access to the report by one individual.
  • Department License — allows you to share the report with up to 5 users
  • Site License — allows the report to be shared amongst all employees in a defined country
  • Corporate License — allows for complete access, globally.

Ahmad helps you find the right report:

Testimonials

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

We were impressed with the support that ReportLinker’s research specialists’ team provided. The report we purchased was useful and provided exactly what we want.

Category Manager at
Ikea

ReportLinker gave access to reliable and useful data while avoiding dispersing resources and spending too much time on unnecessary research.

Executive Director at
PwC Advisory

The customer service was fast, responsive, and 100% professional in all my dealings (...) If we have more research needs, I'll certainly prioritize working with ReportLinker!

Scott Griffith

Vice President Marketing at
Maurice Sporting Goods

The research specialist provided prompt, helpful instructions for accessing ReportLinker's product. He also followed up to make sure everything went smoothly and to ensure an easy transition to the next stage of my research

Jessica P Huffman

Research Associate at
American Transportation Research Institute

Excellent customer service. Very responsive and fast.

Director, Corporate Strategy at
Ingredion

I reached out to ReportLinker for a detailed market study on the Air Treatment industry. The quality of the report, the research specialist’s willingness to solve my queries exceeded my expectations. I would definitely recommend ReportLinker for in-depth industry information.

Mariana Mendoza

Global Platform Senior Manager at
Whirlpool Corporation

Thanks! I like what you've provided and will certainly come back if I need to do further research works.

Bee Hin Png

CEO at
LDR Pte Ltd

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

Purchase Reports From Reputable Market Research Publishers

Connected Logistics Market by Software, Platform, Service, Transportation Mode, Vertical, and Region - Global Forecast to 2021

  • $ 7150
  • Industry report
  • February 2017
  • by MarketsandMarkets

“The evolution of connected vehicles and increasing logistics transparency across the globe and the increasing adoption of connected and intelligent devices are some of the factors expected to drive ...

Cold Chain Market by Type, Temperature Type, Technology, Application, and Region - Global Forecast to 2022

  • $ 5650
  • Industry report
  • January 2017
  • by MarketsandMarkets

“Cold chain market projected to grow at a CAGR of 7.0% during the forecast period” The cold chain market is estimated to be valued at USD 189.92 billion in 2017 and is projected to reach a value of ...

Air Traffic Management Market by Domain, End-Use, Investment Type, Airport Class, System & Region - Global Forecast to 2022

  • $ 5650
  • Industry report
  • January 2017
  • by MarketsandMarkets

“The air traffic management market is projected to grow at a CAGR of 11.73% during the forecast period” The growth of the Air Traffic Management (ATM) market is dependent on the upcoming Greenfield ...


ref:plp2014

Reportlinker.com © Copyright 2017. All rights reserved.

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.