Axis Communications 2023 performance on track to outshine record-breaking 2022

CHELMSFORD, Mass. – Axis Communications, a video surveillance equipment supplier, gathered with top channel partners at its annual Axis Converge & Connect Conference (ACCC) in Kansas City to share key accomplishments and set the stage for future growth.

In recent months the company released the details behind its enhanced operations and strengthened supply chain that led record shipments in the first half of 2023. Axis has shared specifics behind its high growth trajectory, including a return to standard product lead times (an average two-week delivery on 94% of its products), an unsurpassed level of units shipped year-to-date, and an all-time high inventory in distribution. On top of record output, Axis credited accelerated innovation for their success, launching 108 products and solutions so far in 2023, with more to come.

“It’s always energizing to get together with our partners, but this year’s ACCC is particularly momentous. Not only are we following a banner year in 2022, but we’re also achieving exceptional outcomes from our investment in operations and supply chain which are helping to accelerate growth,” said Fredrik Nilsson, VP Americas, Axis Communications. “We’re grateful to our partners and customers for their loyalty, and we’re eager to let them know what’s in store for the future. Our commitment to R&D coupled with our strengthened operations means that we’re full steam ahead when it comes to new innovations. We invite all partners and customers to experience them firsthand at our Axis Experience Centers.”

Axis Communications announced a record -breaking amount of global revenue earned in 2022 earlier this year, a total of $1.6 billion, marking a 20% year-over-year increase. Axis signaled its intent to continue aggressive investment into research and development (earmarking 15% of annual revenue for R&D and growing its team of 2,000-plus engineers). Their plans include the introduction of new innovations, new product features and regular updates in order to offer more advanced solutions. They’ll also be adding to their existing 16 Axis Experience Centers in the Americas (The most recent opened August 2023 in Cincinnati) with new locations and remodeled facilities.

“We’re very proud of our accomplishments and confident in our ability to meet our customers’ evolving needs,” said Jeanette Skjelmose, VP of operations, Axis Communications. “Building resiliency comes down to being proactive, predictable and always planning to grow. Of course, all of this is done with our partners’ and customers’ success in mind, so communication and collaboration are also key. While we’ve put many new tools in place to facilitate our efforts, I am most looking forward to hearing directly from our partners at live events like ACCC.”

The Axis ACCC partner event took place from Oct. 2-4, 2023, at the Loews Kansas City Hotel in Kansas City, Mo. For more information on company operations and Axis’ supply chain initiatives you can visit them online at www.axis.com.