Semiconductor

Digital Ally, Inc.

Company Profile Analysis

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Digital Ally, Inc. - Semiconductor showcase

Year Founded & Workforce

1999-12-31

100 Employees

Industry

Semiconductor

Services

D

Digital Ally, Inc. Overview

Company Headquarters: US

Founded: 2000

Workforce: ~100

Company Working: Digital Ally is a leading provider of digital video imaging and storage products for law enforcement, security, and commercial applications. The company offers in-car digital video/audio recorder contained in a rear-view mirror for use in law enforcement and commercial fleets; a system that provides law enforcement customers with audio/video surveillance from multiple vantage points and hands-free automatic activation of body-worn cameras and in-car video systems; a miniature digital video recording system designed to be worn on an individual’s body; and cloud storage solutions for cloud-based fleet management and driver monitoring/training applications. The company sells only one digital audio/video body-worn camera system of the company—FirstVU HD—that is a body-worn camera primarily designed for law enforcement end-users with an average selling price of USD 595. The key competitors of Digital Ally in the body-worn camera market are Axon, Reveal Media, and WatchGuard.

Strategy

Digital Ally Inc. has largely adopted an organic growth strategy. It is involved in various innovations and research & development to develop a strong market presence and comprehensive product portfolio. The research & development expenses of the company amounted to USD 1.4 million in 2018. The company intends to reach new customers and increase sales to existing customers by providing access to new solutions that address customers’ needs. Furthermore, the company is also focusing on monetizing its patent portfolio and related patent infringement litigation to address its near-term and long-term liquidity and operational issues.

Company Snapshot

$10.52M

Revenue

100

Employees

1999-12-31

Founded

US

Headquarters

SWOT Analysis

Strengths

  • Focus on research and engineering
  • Strong intellectual property portfolio
  • Strong intellectual property portfolio of body worn cameras

Weaknesses

  • Weak liquidity position
  • Dependence on raw material from specific suppliers

Opportunities

  • Growing demand for body-worn camera in private security, homeland security, mass transit, healthcare, general retail, and other commercial spaces

Threats

  • Intense market competition from local and regional players
  • Increasing market competition from local and regional players

Key Developments

DateApproachDevelopment
December 2019Product DeploymentDigital Ally deployed FirstVu HD body-worn cameras, DVM-800 in-car digital audio/video systems and patented VuLink automatic activation systems for Offutt Air Force Base (Offutt) under a previously awarded Federal Government contract.
September 2019ContractDigital Ally was awarded a contract extension by a global leader in the cruise line industry for use of the company’s FirstVu HD body-worn cameras and back-office solution, VuVault.com. Digital Ally has been supplying the cruise with FirstVu HD body-worn cameras since 2016
PartnershipCherokee County (KS) has placed a significant order with Digital Ally, Inc. to upgrade its use of body-worn cameras and in-car camera systems. The company develops, manufactures, and markets advanced video recording products and other critical safety products for law enforcement, emergency management, fleet safety, and event security.
Product LaunchDigital Ally Inc. announced the release of its most advanced body-worn camera to date, the FirstVu PRO. The full featured, one-piece body camera is designed specifically for law enforcement to increase safety and improve efficiencies for officers and administrators.
Product DevelopmentDigital Ally, Inc. announced that it has received an upgrade order from the Carteret Police Department (NJ) for 180 FirstVu HD body cameras and docking stations.
OthersDigital Ally, Inc. announced that it had received numerous orders for its next-generation body-worn camera, FirstVu II, and QuickVu docking station. The company develops, manufactures, and markets advanced video recording products and other crucial safety products for law enforcement, emergency management, fleet safety, and security for venues and events. These purchases follow the company's announcement that the body camera and docking station were available immediately.
ContractDigital Ally, Inc. announced a multi-year upgrade order from Suwanee Police Department. In this Suwanee Police Department will upgrade thirty-four (34) FirstVu HD body cameras and eighteen (18) DVM-800 in-car systems from server-based evidence storage to the company’s highly secured “.GOV” cloud platform powered by Amazon Web Services.
Program launchDigital Ally, Inc. announced the launch of a body camera subscription program as a response to the high demand for video evidence technology for police and other first responder personnel. The program features the company’s lightweight, weather resistant FirstVu Body Camera with Mini Dock. There will be several subscription packages available, with the versatility to match a department’s unique needs for additional products and services.
Product DeploymentDigital Ally Inc. deployed FirstVu HD body-worn cameras, DVM-800 in-car digital audio/video systems, and patented VuLink automatic activation systems for Offutt Air Force Base (Offutt) under a previously awarded Federal Government contract.
ContractDigital Ally Inc. was awarded a contract extension by a global leader in the cruise line industry for the use of its FirstVu HD body-worn cameras and back-office solution, VuVault.com. It has been supplying the cruise with FirstVu HD body-worn cameras since 2016

Product Offering

  • Digital Ally, Inc.
    • Body-Worn Camera
    • Body Worn Camera

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About the Author

Wantstats Research Team

Wantstats' research desk profiles Digital Ally, Inc. as part of our ongoing coverage of the Semiconductor sector, drawing on public company data, filings, and market intelligence.

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I have been reading the first document or the study, the Global HVAC and FP market report 2021 till 2026. Must say, good info! I have not gone in depth at all parts, but got a good indication of the data inside!
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R&D Director, Seojin

Thanks for your great support. Appreciate it. Well received report. It helps us to understand market well. We're planning other area of survey in the future, let's keep in touch.
Akif Moroglu

Strategy & Business Development Director, Dogan Holding

We got the report in time, we really thank you for your support in this process. I also thank to all of your team as they did a great job.
Guilherme Gomes Martins
Guilherme Gomes Martins

Product Management Director, Robert Bosch GmbH

The Automotive 48V ECU Components Procurement Intelligence Study was a complex project, but the Market Research Future (MRFR) team handled it with quality, agility, and customer-centricity. They delivered all requested data on time and within the agreed scope. The team, including Shubhendra Anand and Rahul Gotadki, was always readily available to clarify questions and swiftly implement necessary adjustments, driving the project to a successful conclusion within a very demanding timeframe. I would also like to specifically commend Akshay Agarwal for his responsiveness and support at every stage — from our initial inquiry on May 6th through to final delivery on June 18th. His dedication made the entire process seamless.
Noah Malgeri
Noah Malgeri

Co-Founder, Mojave Rail Fabrication Limited

This is really good guys. Excellent work on a tight deadline. I will continue to use you going forward and recommend you to others. Nice job.
Michael Robert

Manager, JavolVision

Thanks, I am so happy that we worked together. Maybe we still can work together in the future.
Joseph Aguayo
Joseph Aguayo

Sales Operations & Pricing Manager, Intel

Thanks. It's been a pleasure working with you, please use me as reference with any other Intel employees.
Bong Lau

Sales Leader, Bamberg

We bought your "2025 report" in 2020. Everything is fine and very good.
Peter Groot Koerkamp
Peter Groot Koerkamp

Account and Business Manager, EFS-Holland BV

Thanks for sending the report it gives us a good global view of the Betaïne market.
Younghwan Choi
Younghwan Choi

Senior Retail Manager, LG Chem

We found the report very insightful! we found your research firm very helpful. I'm sending this email to secure our future business.
Mark Irwin

Management Consultant, Level 21

I am very pleased with how market segments have been defined in a relevant way for my purposes (such as "Portable Freezers & refrigerators" and "last-mile"). In general the report is well structured. Thanks very much for your efforts.
Rob Kooiker

Group Product Manager HVAC & Fire Protection GMA, Rockwool

I have been reading the first document or the study, the Global HVAC and FP market report 2021 till 2026. Must say, good info! I have not gone in depth at all parts, but got a good indication of the data inside!
Jason Lee

R&D Director, Seojin

Thanks for your great support. Appreciate it. Well received report. It helps us to understand market well. We're planning other area of survey in the future, let's keep in touch.
Akif Moroglu

Strategy & Business Development Director, Dogan Holding

We got the report in time, we really thank you for your support in this process. I also thank to all of your team as they did a great job.

Digital Ally, Inc.

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