Barco NV - Company Profile
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Business Description
Barco NV (Barco) designs, manufactures and develops collaboration technology and visualization solutions for the entertainment, enterprise, and healthcare markets. Its product portfolio includes medical displays, video walls, medical platforms, projectors, image processing products, and cinema systems.
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R&D Overview
Barco focuses on launching of new products and implementation of new technologies and innovation as part of its R&D activity. The company continues to develop new projectors, LCD video wall and productivity tools for radiologists for several industries. It operates R&D facilities in Canada, the US, Belgium, Germany, Italy, Norway, China, India, South Korea, and Taiwan. As of December 2023, the company has filed 16 new patents and holds 902 patents. In FY2023, the company incurred expenses of EUR132.3 million on its R&D activities, which as a percentage of total revenue stood at 12.6%.
Business Segments
Overview
Comprises of two business units: Meeting Experience and Large Video Walls. Meeting Experience business unit offers collaboration and visualization technologies for a learning environment or smart workplace: ClickShare wireless conference and presentations systems, installation of projectors, weConnect Virtual Classroom, video walls, and image processors. Large Video Walls business unit offers control room operator solutions including video walls, video wall controllers, control room software and a full suite of support services.
Performance
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Overview
Operates two business units: Cinema and The Immersive Experience. Cinema business unit offers laser and lamp-based cinema projectors, image processing and audio solutions. These are marketed through Barco CFG in China and Cinionic for rest of the world. The Immersive Experience business unit offers customized solutions as per the requirement of large venues, live events, themed entertainment such as museums, theme parks, and simulation applications: projection, image processing and a modular support service solution.
Performance
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Overview
Comprises of two business units: Diagnostic, and Surgical and Modality. Diagnostic business unit offers high precision medical display systems for radiology, mammography, dentistry, pathology and clinical review imaging and a full suite of support services. Surgical and Modality business unit offers digital operating room portfolio which includes hardware, video-over-IP-technology, custom medical displays for modality imaging and support services.
Performance
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Geographical Segments
Performance
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Performance
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Performance
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