BCD Founder Is Out, New CEO Interview

Published Sep 29, 2023 13:31 PM

In the last two years, BCD has received private equity investment and broke up with Genetec. Now, BCD's founder and CEO is out, and they have brought in a new CEO.

IPVM Image

In this note, based on an interview with the new CEO Jim Gross, we examine the impact of this change, including feedback on the company's strategic growth plans and challenges.

Executive *******

*** *** ***, *****, **** ***'* core ********* ***** ** *** ************, custom-built ********, *** ********* ******** **** not ******. ** ******** **** *** plans ** "****** ****" ** *** OEM ******** *** ** ******* ** expand ** ******* ******* ** ******** to ******** ********.

** ******** ** ***** * *** Global ** ******** ** ********* ****, Gross *** ******** ********** ****** **** family-owned ********* *** ******* **** **** the ******** ******* *******.

******* *** **-*** **** ******* ******* BCD's ******** *** ***** ***** ** investment ** *** *******. ***** **** he ****** ** ******* *****, *** they ******** ** **** **** ** communication.

*** ******* ********, ********* ***, **** challenges ** *** ***** ************ ******, including ***** ****** ** **-****** *** cloud ******* ***. *******, *** ******** in ***** ****** *** * ********** of ****** ********** *********, ***** ************ has ****** ** ******* ************.

New *** *** ***** **********

IPVM Image***** ********** **** ****** ********** ********* at***** ************** ******* ******** ** *** ******** industry. ***** **** ** ** ** Global ******* ********** ** ***, ** was **** ** ************** **** **** ******* ** ****.

** **** ****** ** ********* *** CEO *********, * ******-******** ******** *********** *******, which *** ******** ** * ** firm, ***** ** **** *** ******** to *** *** ******** ** ***:

** ******* ** *******, *******, *** innovating ****** ********* *** ********* ***** businesses. * *** *** *********** ** join * ******-*** ******** **** *** over *** ***** *** *** ****** in *** ************ *** ************ *****, specifically ***** ****** *** ********** *** giant ********* *** ***********. *** ******** was *** ** *** *****-********** ********, with ***** ******** **** ******* *****. The ******** *** **** **** ** private ******, *** *** *** ****** needed ** *************** ** *** **** it ** *** **** *****.

** **** ********** * "*******" *** the ******** ********:

**** ** ******** *********** **** *** and **********, * ****** ******* **** world ** ********. ***, ***** **** several ******* ** *** ******, ********** and ** *** *** * *** new ***** *** ***** *****, *** I **** **** * ***** *** a **** ******* *** ****** ******* and ******** ** *******. * ****** enjoyed *** ************* ********, *** *'* proud ** *** ****** ** *** to ******* **, **** ** ********** new ******** *** ******* *****. **, I **** * ***** ************ *** this ******** *** *** *********.

** ***** **** ***'* ********** ** the ******** *** * **** *** joining *** *******:

**** *** **** ** *** ********* of ***, *** *** * ***** that ** **** *********, **** *********** in *** ********, *** ****** ***** for **** ******* *******, **** ******* speed **** ** **** ********* ********** and ****** *********.

Founder/CEO ******* ***, ******* ********

IPVM Image***** *********** ******* **** **** ** ******** ** ******* ** **** ** CEO ** *** **** *-* ***** and **** ***** *** * ********** plan ** *****, ******* ********* ** IPVM **** ** *** ****** *** of ***.

*******, *** **********'* ******************** ** ** * **********. *******, BCD **** **** ******* ** ***** involved "***-**-***" ** *** *******:

**** *** *******, *** ** ** still * ****** ** *** ***** and *** ********. **, ** ** still ******** ** *** ********. **** is **** * ***** ******** ** this ********, *** * **** **** a ****** **** ** ************* **** him. * **** *** *** ** every ***** *******, *** * **** plan ** **** ********* **** *** outside ** ****.

** ** ****** *** ******-***** **** to ****** **** **** **** ** private ******, ********* ******* ** ***** have ************* ********* ********* *** ********* focuses. *******, *** *+ ***** ***** between *******'* ********** *** ***** ***** named *** ********* ***** *** **** conflict **** *** ** *** *******.

"Double ****" ** *** *******

****** **** **** *** *********** ********* changes, ***** **** **** *** ***** to ******** *** ***** ** *** OEM *******:

** **** ******** ** ****** **** in **** **** *** **** ********* more **** **** * ***** *******. I ***'* **** ******* **** **** means ***, *** *'* ******* ** see *** *** ****** ******* *** what *** ********* ***** ** *** of **. **** **** ** ** a ********** *******, *** * ***** we *** ** **** **** ** that ****. **'** ***** ** *********** hardware, ********* ******* *********, *** ****** the ******* **** ****. **** **** that **** *** *** **** *** other ******** **** ** ***** ** innovation? * ***** **'** ***** ** see * *** ** ******** ****** emerge ** *** ******.

** ******** ** ********, * **** think ******* ** * *** **** of *** *********. ** **** ** figure *** *** ** **** **** piece *** ******* **** **** ***** to *** *********.

*******, ***** **** *** *********** ******* and ****** ********, **** *** *** planning ** **** **** ****** / hardware ** * *******:

** *** *** ***** ******** ** a *******. *******, ** *** ********* integrator ******* **** ******* ** ********** services. **** ** **** **** **** generic **** *** *****. ** *** talking ***** *** ************ ** *** of **** **** ** *** ****, especially *** ***** *********** **** ******** multicast ******. ** **** *** ********* on ***** ** ********* ******** *** these ***********.

*** ******* **** ******* *** ***** to ** ******** ********** ********:

** ******** ******* ****** **** ******* from ** ********* *** ************* ***********, I ***** ***'** ***** ** *** more *** **** *************, *** **** us, ********* ********** ******** ** ******* or *********** **** ***********. ****'* ***** we're ***** ** ******** ** *****.

Revenue / ***** ******

*** *** *** ******** *** ******* or ******, *** ***** **** **** had *** ********** ******** *** ******* for ******:

*** ******* *** ********* ** ** healthy *** **** ******* ********* ********* in ******* *******, *** ***** ** proliferating *** *******'* ****** *** ********.

** * **** *****, ** ***** on ***** *** ******, *** **** I ****** ***** ***** *** ********, I **** ** ********** ***** ** can ****** ******. ** *** **** looking ** ******* **** ** ******** customers, *** ****** ** *** ********* and *** ******** ***** *** ****** metrics **** * **** ** **** at ** ****** **** ******* * am **.

Acquisitions ** **** ********

***** ******** **** ************ **** ** considered:

*** ** *** ***** ******** ** private ****** ** ****** ** *******, which *** ** **** *** ************. This ** ********* **** ** **** be ***********, ****** ** *** **** year ** *** **** ****** ** years. ************ *** ** * ***** way ** **** * ********, *** they *** ** ********* ** ******* without *** ***** *********.**** *** ******* of * ******* ****** ****, ** will **** *** ******* ** **** investments ** *********, *** ******** *** strategic ************ **** **** **** ** achieve *** ****** *****.

***'* ** ********** ****, **** ****** Capital, ********** **** **** **** **** would ** * ******** *** ***, which *** ***, ** **** *****, happened:

********* ******* *** ********* *** *** partners. ************ *** *** ** *** question, **** *** *** ** ********* to ******* *** ****

Expanding ******* ********

*** **** **** *** ******* ** continue ********* ******* ** ******** ********/***** surveillance *******:

***** ** ** ****** ***** ******* worth ******** ** ******** ** ******* in ******* **** ** **** ** focus **. ** **** ** ****** out *** ** **** ********** ** did ***** ** *** ***** ** BCD ***** *** ****** ** *** this ***** *******.

*** *** ** **** **** **** people, ********** ***** *** **** **** us, ********** *** *** ********* ****** we *** **? ** ** ****, we **** ** ****** *** *** to ****** ** ***** ********* *** do **** ** * ********** *******. We **** *** *******, *** **'** already ***** **. **'* **** * matter ** ******* *** **** *** and ****** **** **** ****** ***'* dismiss ** ******* **** *** *** word "*****" ** *** ****.

Expanding ***** *****

***** **** **** **** ******** **** direct *** ************ *** ***** *****:

*** ***** ** *** **** ******* about ** ********* *** ******* ********. We **** ******** ***** * ****** of *** ***** ***************, *** ** are ******* **** **** *** ****** sales **** *** *** ************* *************** to *** *** **** *** ***** all *** ***** ****** ***** ***.

Market ******

***** **** **** *** ** ********** current ****** *** *** *** **** any ******** ********** ** ******** ***:

* ******* **** ********** ********* **** continue ** ***** ********** ** *** store *** *****. *** ***** ****** that * *** *** *****-***** ******* and *************.
*****-***** ******* ** * ***** **** is **** ** ****, *** ***** are ****** ******** ***** *** *** in *** ******** ********. ** **** carefully ******* **** ***** *** ****** that ** ******** ** ******* *** recommend *** **** ****** ******* ** our ********** *******.
************* ** * ***** ***** ** every ********, *** ** ** ********* affecting *** ***** ** *******. ** need ** ** ******** *** *** challenges **** ************* *****. *** ** are ******** *** *** ********** **** cybersecurity ***** **** * ****** ** out ** *** ********* **** ****** our ********** *** ** ***.

*******

** *** ******** **** *** ***, it ******* * ****-*********** ***** ** video ************, ******** ***** ****** ******** ***** ******* / ****** Manufacturers *******, *** * ***** ******* *** service ********, ** *** *********** ******** the ******-*** ******* ** *** ********.

*******, * *** ******** *** ******* increased ******** **** **** ****** ** perform ** *** ******* ***** ********** market ********** ** ** ******* **** growth **** ******* ** ******** *******.

Comments (8)
UI
Undisclosed Integrator #1
Sep 29, 2023

*** ** ******** ** ****** **** tried ** ******* ***** ******* ** data ******* ** * ****** ****** and ******?

JH
John Honovich
Sep 29, 2023
IPVM

******** *** ****** **** ******** "****** sauce" / ******* **** *** ****** a *** ** ***** ****** ** do ****.

***, ** **, ** **** ******* / ******* ** ******** ******* *** not *****. ****'* *** ** *** BCD *****'* **** ******** *** *** same ******** ** ******** *** ******.

*******,****** ***** ***** ************ ******** ** Quantum,****** **** *******,****** **** *** ****** ******* * Top ***** ***,******** **** **** ************,****** ******** ***** **** ***

(1)
(1)
UM
Undisclosed Manufacturer #2
Sep 29, 2023

**** *** **** *** ****** ********/******** they *** ** *** **** **** limited ** ***** *** *********** ***** and ********? ** *** *****, ****'* a ***** **** ** *** *** really **** ***** **** ******** ** a ***** ***** **** *** ********* own **** ** *****.

UM
Undisclosed Manufacturer #3
Sep 29, 2023

****, **** *********** ** ****** - BCD **** *** **** ******** **** 250 *********

*** ****** ****** **** **** *** all ********** ***** ** **** ***.

*** *********** **** *** *** ********** 2 ***** ***

**** ***** ** **** **** ****** 40-50 ********* *** **** ***** ** generous.

(3)
(5)
Avatar
Sean Patton
Sep 29, 2023

***,

****** *** *** ***********, * ******* the ******, ***** *** *** ** a **************** ** ** ****, *** a ****** ******** **** **** *********. I ** ********* ** **** *** regarding **** ******** *** **** ******* an ******.

(1)
UI
Undisclosed Integrator #4
Oct 02, 2023

** ** *** ********* **** *********** team, **** ** *** **** **** that ***** *** ****** ** ** industry? **** ***** **** ** ***** like **** ***** ******** *** *** just ********* *****.

(5)
(1)
UM
Undisclosed Manufacturer #3
Sep 29, 2023

**** ****** *** ***** & ***** America ***** ***** **** ********** *** that ******** **** ****** ***

(3)
UM
Undisclosed Manufacturer #3
Sep 29, 2023

**** *** ****** **** **** ***** are *** ****** ***** ******** ** BCD

**** ****** ******* & *********** *******

(1)
(5)