Amplify the core
Today, we have two clearly defined and well-focused businesses - Vicon and Yotta. Although the two companies share a focus on analytics, they have developed with different economics, address different markets, and have different customers and competitors.
This means they offer different growth opportunities and also face different challenges. Our path ahead is clear – we must drive growth by amplifying our core strengths and capabilities across our core products, core markets, core customers and our people.
Our investment strategy therefore reflects the specific needs of each operation. Through targeted investments in Yotta and Vicon, our goal is to achieve two challenging but realistic objectives: by 2021, we aim to double profit and triple recurring revenues.
Milestones achieved against the strategy and five-year plan