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Iveda Solutions Inc (IVDA) |
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*Market share is calculated based on total revenue.
News about Iveda Solutions Inc Contracts |
Iveda's Latin American Partner Foresees Significant Revenue Growth, Bolstered by Successful PresentationsIn recent news, Iveda Corporation (NASDAQ: IVDA) has announced that its exclusive Latin American distribution partner, Logistica Corporativa Agua Azulpart of the Grupo Desson portfolio, is projecting $6 million in revenue for 2024, along with a staggering $30 million in recurring revenue over the next five years. This optimistic forecast comes as a result of several highly successful presentations conducted throughout 2023, where municipalities in Mexico and the broader Latin American region recognized the potential of Iveda's innovative cloud-based AI solutions.These facts highlight the positive impact ...
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Iveda Corporation (NASDAQ: IVDA), a leading global provider of cloud-based artificial intelligence solutions, has recently announced that it has been awarded a lucrative contract worth approximately $3.2 million by an undisclosed government agency in Taiwan. This contract adds to the impressive $2.7 million and $1.7 million agreements previously secured by Iveda with the same government agency for different applications in August 2022 and August 2023, respectively.The nature of this confidential application remains undisclosed, highlighting the sensitivity and importance of the project. However, it is evident that Iveda's cutting-edge technology and AI-powered solutions played a crucial role in the governmen...
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The partnership between Iveda, a global cloud-based AI solution provider, and VinaFore Informatics and Telecommunication JSC marks a significant step in revolutionizing Vietnam's transportation, telecom, and smart city sectors. Following a memorandum of understanding (MOU) with the Vietnamese government, VinaFore has entrusted Iveda to incorporate its cutting-edge AI capabilities into existing infrastructure, ultimately enhancing security and safety solutions mandated across the nation. This landmark collaboration holds the potential to reshape Vietnam's technological landscape, driving a new era of innovation and efficiency.Enhanced Security and Safety SolutionsWith Vietnam's rapid socio-economic growth, en...
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MESA, Ariz. - Iveda (NASDAQ:IVDA), a global provider of cloud-based AI solutions, has recently announced the launch of IvedaAI Sense, an innovative AI-based sensor capable of accurately detecting smoke and vapor particles, as well as incidents of bullying. Integrated into their IvedaAI platform, this cutting-edge technology can be deployed in diverse environments, including schools, offices, and public spaces.With the rise of vaping among young individuals and the pressing issue of bullying in society, Iveda has taken a significant step in addressing these concerns by introducing IvedaAI Sense. Combining the power of deep learning and real-time surveillance, this technology aims to improve safety measures a...
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