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Tag: Pierre Racz


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Genetec breaks silence on patent trolls

August 11, 2020SSN Staff

MONTRÉAL—“We don’t negotiate payment with patent trolls,” Pierre Racz, president of Genetec Inc., said, as the company announced that a patent infringement lawsuit initiated by a non-practicing entity (NPE) was withdrawn by the NPE at an early stage in the proceedings. In a rare result, the NPE paid an undisclosed sum to Genetec.Genetec understands that legal attacks from NPEs are an unfortunate part of the technology business, representing a reported 90 percent of high-tech patent litigation...

Genetec, Jean-Yves Pikulik, non-practicing entity, NPE, patent troll, Pierre Racz


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Genetec's live virtual trade show, Connect'DX

April 14, 2020SSN Staff

MONTRAL—Genetec will be live streaming a three-day digital experience, bringing its technology and expertise directly to physical security professionals worldwide in multiple languages across multiple time zones. Known as Connect'DX, this online event will take place April 20-22, 2020; click here to register. “Our team looks forward to bringing Genetec solutions directly to the customer,” Andrew Elvish, vice president of marketing, Genetec said in the announcement. “Though...

Genetec, physical security, Pierre Racz, virtual training


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Genetec takes top global VMS vendor position, IHS reports

June 19, 2019SSN Staff

MONTRAL—Genetec Inc., a technology provider of unified security, public safety, operations and business intelligence solutions, was named the world's No. 1 vendor of Video Management Systems (VMS), according to a recent report published by global research firm IHS Markit. IHS-reported results from 2015-2018 also point to the company sustaining a 24.1 percent CAGR (compound annual growth rate) for the past 3 years in this category.In the Americas, Genetec remains the leading VMS manufacturer...

Genetec, IHS Markit, Pierre Racz, VMS


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Genetec poised for big year

February 14, 2017Paul Ragusa, Editor

MONTREAL—Genetec, a company that develops open-architecture software, hardware and cloud-based services for the physical security and public safety industry, hosted its fourth annual press summit at its headquarters here in January, providing a glimpse into the company's culture and vision for the future.The company, which is celebrating its 20th anniversary, is undergoing rapid growth, experiencing a CAGR of 28 percent over the past five fiscal years, with significant growth in North America...

Andrew Elvish, Genetec, Hart Brown, HUB International, Pierre Racz


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Genetec to release cyber hardening guide

February 8, 2016Martha Entwistle

MONTREAL—In its latest cybersecurity initiative, Genetec, a provider of unified IP security solutions based here, is releasing a cybersecurity hardening guide for its integrator partners at the end of February.“Cybersecurity is everybody's business, including us,” Pierre Racz, CEO of Genetec, told Security Systems News.Last week, Genetec had its internal software development conference with 200 developers. One of the speakers the company brought in was noted cybersecurity expert...

Cybersecurity, Genetec, Pierre Racz


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Genetec names Karam as Chief Commercial Officer

November 10, 2014SSN Staff

MONTRAL—Unified IP security solutions provider Genetec on Nov. 10 named Georges Karam to the newly created position of chief commercial officer. In this role Karam will work closely with Genetec President and CEO, Pierre Racz to set global commercial strategy and organizational development trajectory to drive business growth and market share for Genetec. Karam co-founded and served as CEO of Atelka Enterprise, a business process outsourcing services company, backed by Racz. Atelka employs...

chief commercial officer, Genetec, Georges Karam, Pierre Racz


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Two new accolades for Genetec

October 28, 2014SSN Staff

MONTREAL—Genetec, a provider of unified IP security solutions, has recently received two honors. President Pierre Racz was named EY's 2014 Qubec Entrepreneur of the Year in the Technology and Communications Category.(EY was formerly known as Ernst and Young.) The award program, in its 21st year, honors Canada's “most impressive entrepreneurs from all areas of business,” according to a prepared statement. Finalists are chosen based on their vision, leadership, financial success...

Axis Communications, EY 2014 Quebec Entrepreneur of the Year, Genetec, Pierre Racz, Security Systems News


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IHS: Genetec, Milestone top VMS rankings

June 5, 2013Leif Kothe

LONDON—Since 2004, the first year of IHS' VMS rankings, Copenhagen-based Milestone has had a monopoly on the top spot. Nine years later, the company still has the top spot, but it now has to share it with Genetec, a Montreal-based vendor.In a highly fragmented VMS market—no company's share exceeds 10 percent—Genetec and Milestone now have “exactly the same market share,” Josh Woodhouse, market analyst at IHS, a market research and consulting firm, told Security Systems...

Genetec, IHS, IMS Research, Milestone, physical security, Pierre Racz, Security Center, SSN, Stratocast, VMS


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