Welcome to our dedicated page for Iveda Solutions news (Ticker: IVDA), a resource for investors and traders seeking the latest updates and insights on Iveda Solutions stock.
Iveda Solutions (IVDA) delivers AI-powered surveillance and IoT innovations for secure smart environments. This news hub provides investors and industry professionals with essential updates on the company’s cloud video technologies, strategic partnerships, and market expansions.
Access real-time information about IVDA’s advancements in video analytics, smart city deployments, and security certifications. Our curated collection includes earnings reports, product launches, and regulatory milestones that shape the company’s position in the global security technology sector.
Key coverage areas include AI surveillance systems, IoT sensor developments, smart infrastructure projects, and DHS-certified anti-terrorism solutions. Stay informed about how IVDA’s recurring revenue model and licensing partnerships drive growth in cloud-based security management.
Bookmark this page for streamlined access to verified IVDA announcements. Check regularly for insights into emerging technologies that bridge physical security with intelligent data analytics.
Iveda (NASDAQ:IVDA) has launched IvedaAI™ Forensics Desk, an AI-powered tool for law enforcement in the Philippines. This technology provides intelligent video search, facial and license plate recognition, and target object search, enhancing crime-solving capabilities. The Forensics Desk, priced at $17,000 USD, can analyze video footage from various sources within seconds.
Iveda is in talks with multiple agencies and businesses across the Philippines, with several government sales expected by fall 2024. The company aims to tap into the growing global video surveillance market, projected to reach $16.3 billion USD by 2028. This initiative aligns with Iveda's mission to make AI technology more accessible and enhance public safety.
Iveda (NASDAQ: IVDA) has formed a strategic partnership with the Arab Organization for Industrialization (AOI) and ZeroTech to enhance AI-powered security solutions in Egypt. This collaboration leverages IvedaAI’s intelligent video search technology to upgrade ZeroTech’s security offerings, positioning the company strongly in the Egyptian market. The AI market in Egypt is projected to reach $877M by 2024, driven by the government's plan to introduce 38 new smart cities by 2050. The partnership aims to integrate AI into video surveillance, fire and intrusion detection, fingerprint and access control, and home automation systems, creating smarter security solutions. This alliance is expected to benefit communities with immediate safety improvements and represents a significant step in Iveda’s regional expansion, which began with a partnership with AOI in August 2023.
Iveda (NASDAQ: IVDA) has launched LevelNOW, a cutting-edge tracking and monitoring solution for efficient liquid storage management. The LevelNOW solution targets oil and gas companies, industrial organizations, and government agencies, offering advanced fluid monitoring, GPS tracking, and real-time alerts to enhance operational efficiency and ensure environmental compliance. Iveda has already received an initial order of 1,000 LevelNOW units from a leading Australian oil company. The global tank level monitoring system market is projected to reach $1,057 million by 2025, positioning Iveda as a key player in the industry.