STARKVILLE, MS – 24 January 2018 – Camgian Microsystems Corporation, a provider of integrated sensing and analytical processing systems, announced today record year-end results for 2017. These include record results in revenue, new contract awards and total employee count.
Key highlights included:
115% Y-O-Y growth in Egburt software and services revenue
134% Y-O-Y growth in Egburt contract backlog
Named one of Gartner’s “Cool Vendors” in IoT edge analytics
Awarded Enterprise IoT Emerging Company of the Year by Compass Intelligence
New partnership with global shipping leader Fincantieri for maritime IoT
Awarded patent for Egburt IoT edge computing architecture
Released new Egburt computer vision and big data analytics capabilities
“2017 was an outstanding year for Camgian on many fronts including our team’s excellent financial and technical performance”, said Gary Butler, CEO of Camgian. “We are working aggressively to build on this momentum to significantly expand our sales, client portfolio and product capabilities in 2018.”
Camgian is an award-winning developer of integrated sensing and analytical processing platforms that deliver real-time, actionable intelligence. Leveraging innovations in the areas of multi-sensing, artificial intelligence, and big data analytics, Camgian is pioneering a new generation of intelligent decision support products that address key needs in the industrial, defense and national security markets.
Camgian has been named by Inc. Magazine as one of the fastest growing private companies in the US, Entrepreneur Magazine as one of the most entrepreneurial companies in America and Compass Intelligence as one of the world’s top companies in IoT innovation and execution. Moreover, ABI Research featured Camgian in their 2015 Hot Tech Innovators report, which identified the company as one of the world’s top tech start-ups for their pioneering work in IoT and edge computing. In their 2016 market report Fog Computing in IoT, Machina Research identified Camgian as one of the innovative IoT startups and notable companies pioneering fog computing. In 2017 Camgian was named a Gartner “Cool Vendor” in IoT Edge Computing and the Emerging Company of the Year in Enterprise IoT in the 5thAnnual Compass Intelligence Awards.
For more information on Camgian, please visit camgian.com.