Published on 4 July, 2011
| Milcon Gulf Group will benefit by engaging in a partnership with March Networks increasing the results |
March Networks , a global provider of intelligent IP video solutions, announced a strategic partnership with Milcon Gulf Group to aggressively address growing demand for video surveillance solutions in Southeast Asia and select countries in the Middle East. The partnership marries March Network's strengths providing scalable, high-performance systems to leading financial institutions, government organisations and remote critical infrastructure operators worldwide with Milcon Gulf's proven success in large-scale infrastructure installations in those regions.
Milcon Gulf Group is a privately-held conglomerate focused on international projects in high-growth sectors including banking and finance, government, aerospace, energy and telecommunications. The organisation's long-standing relationships with leading systems integrators, as well as key government and business decision-makers, make it an ideal expansion partner in Southeast Asia, where the video surveillance equipment market is expected to be worth more than $600 million by 2015, according to IMS Research. In addition, its established operations augment March Networks' existing business activities in the Middle East, where demand for video surveillance is also on the rise.
"We are pleased to be working with March Networks, given their proven ability to provide highly-reliable IP video solutions that can be centrally managed and scale to support large, multi-site deployments," said Safdar Qureshi, CEO, Milcon Gulf. "Our customers are looking for high-performance, but also innovation and intelligent applications that make it easier for them to secure their assets and operate more efficiently. March Networks meets all of those requirements, and we anticipate aggressive growth leading with their solutions over the next six to twelve months."
"Expansion into Southeast Asia is an important element of our growth strategy," said Peter Strom, President and CEO, March Networks. "Milcon Gulf has well-established relationships throughout the region and will be instrumental in opening up opportunities in the banking and commercial sectors."