Speaking at FLIR’s traditional press dinner at the ISC West Conference, CEO Andy Teich reported 2013 revenues of $1.5 billion, a $5.1 billion market cap, and a goal of becoming “the world’s sixth sense.” Recently re-segmented product and market targets, according to Teich, include Security, Surveillance, Instruments, OEM, along with Emerging Markets, Maritime, and CBRNE Detection.

In the security area, Teich referenced FLIR’s recent acquisition of Lorex Technology and its Digimerge brand of professional video products, which brought FLIR into visible light security, with a full line of affordable DVRs, analog cameras, NVRs, and IP cameras, furthering the continuous reduction of costs that FLIR has been working on for years.

“People always want better resolution,” Teich continued, so that is one of FLIR’s longstanding goals. Others are installation flexibility, 24/7 imaging —in darkness, rain, snow and fog— and autonomous operation, which is becoming increasingly important. […]