--- title: "Axis reports positive growth balance in 2023 - Ventas de Seguridad" description: "The company Axis Communications announced its balance in technological innovation for the year 2023, highlighting its double-digit growth rate driven by the acquisition of projects in Latin America." url: "https://www.ventasdeseguridad.com/en/news/latest-news/431-enterprises/23839-axis-reports-positive-growth-balance-in-2023.html" date: "2026-07-23T16:22:37+00:00" language: "en-GB" --- # [ Axis reports positive growth balance in 2023](https://www.ventasdeseguridad.com/en/news/latest-news/431-enterprises/23839-axis-reports-positive-growth-balance-in-2023.html "Axis reports positive growth balance in 2023") Details 11 December 2023 ![Axis Balance](https://www.ventasdeseguridad.com/images/stories/VDS/2023/Axis_presenta_balance_positivo_de_crecimiento_en_2023.jpg) *Latin America*. The company [Axis Communications](https://www.axis.com/es-co) announced its balance in technological innovation for the year 2023, highlighting its double-digit growth rate driven by the acquisition of projects in Latin America. Leopoldo Ruiz, regional director for Latin America, also highlighted the reduction in delivery times to two weeks, the record levels of shipments and the 108 new solutions, thanks to which the company had the most complete distribution inventory in recent years. ![](https://www.ventasdeseguridad.com/images/stories/VDS/2023/Axis_presenta_balance_positivo_de_crecimiento_en_2023c.jpg) Another of Axis Communications' initiatives in 2023 was the campaign called 'Stronger than ever', which included business and investment plans for the next five years, allocating 15% of annual revenue to the research and development of new solutions, as well as the expansion of the engineering department to 2 thousand elements. - Publicidad - "We want to be one step ahead. As such, we have plans to introduce new features and functionality to our solutions, as well as create new ones. All this with the purpose of having the most complete and advanced offer on the market, while continuing to offer the highest quality in video surveillance solutions", said Ruiz. ![](https://www.ventasdeseguridad.com/images/stories/VDS/2023/Axis_presenta_balance_positivo_de_crecimiento_en_2023b.jpg) In 2024, the company will focus on key sectors to maintain and increase its investments in Latin America, in order to advance its consolidation in the region. Axis Communications has three experience centers located in Mexico City, Buenos Aires and São Paulo. 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