[BREAKOUT ALERT] Maxim Group (NASDAQ: IVDA) $.75 with “Buy” Rating and Price Target of $3.00 (300% Upside Potential)

New Focus Alert! Iveda Solutions Inc. (NASDAQ: IVDA) The Maxim Group Equity Research Analyst Issued $3.00 Target Price Forecasting Triple Digit Upside for Shareholders [ See Analyst Prediction of 300% Upside Here ]( Hi “FDR” Member, This is Michael Reece with “FinancialDrivenResearch” delivering you your new breakout alert for Thursday 2/15 Iveda Solutions Inc. (NASDAQ: IVDA). With Tril∙lion's at stake and cyber resilience impacting a wide range of business concerns, such as business continuity, customer privacy, and the pace of innovation, it’s clear that current approaches to combat attacks are insufficient. Two Huge Catalyst Could Send Shares of (NASDAQ: IVDA) Vertical - Mr. Alan Klee who is the Wall Street Analyst from Maxim Group pegs a $3.00/share [12 - Month Target Price On IVDA Seen Here]( - Breaking News Just Hit The Wire on 2/13 Landing (IVDA) a Huge Government Contract I have an incredible new "Focus Alert" combatting the much needed cyber security with huge upside gains based on just one Wall Street Analyst from The Maxim Group, Mr. Alan Klee Who Predicts a 12- Month forecast of a whopping $3.00/share considering the stock is currently hovering way under $1.00/share right now. According to The Maxim Group Equity Research Analyst, Iveda Solutions, Inc. (NASDAQ: IVDA) has +300% upside potential, based on the analysts’ $3.00 price target. Not only are their technicals screaming breakout, the company also just released big news which is about to start gaining the streets attention! The Company has several potential bullish catalysts in play right now, and is on the verge of Disrupting a $5.6 Bln Global AI in video surveillance industry with exciting news just announced. Iveda announced JV (joint venture) to partner with 100 Philippines government units across the region to modernize key infrastructure for improved public safety and more. Following the success of its Iveda Safe City presentations throughout 2023, with cities across the nation witnessing the potential of Iveda's innovative solutions, several city budgets across the region are gearing up to integrate IvedaAI into their operational frameworks in 2024. Cities in this initiative include Cebu (the largest in the Philippines), Bacolod, Iloilo, and Davao, marking a significant stride towards a safer and more technologically advanced urban landscape.  As Iveda continues enabling metropolitan areas across the globe to achieve true smart city status, Iveda Philippines remains critical in the facilitation of relationships necessary to execute mutually beneficial, long-term contracts.  Bolstering Philippine President Ferdinand "Bongbong" Marcos Jr.’s efforts to drive infrastructure development in the region, this JV reflects the strong commitment from cities to leverage Iveda's AI solutions, emphasizing their trust in the capabilities of the technology, particularly to enhance public safety and city management.  "This ambitious goal underscores Iveda's dedication to driving advancements in AI technology and making a substantial impact on the landscape of smart cities in the Philippines," said David Ly, Iveda CEO and founder. "As the nation moves towards embracing cutting-edge technologies, Iveda Philippines stands at the forefront, paving the way for a future where AI seamlessly integrates with city governance. Iveda Philippines will emerge as a trailblazer in 2024, propelling the nation towards a more secure, efficient, and technologically-empowered future.  As Iveda continues to scale its global footprint, we affirm our position as a leader in the AI sector, leveraging groundbreaking technologies to create a smarter and safer world for all." Investing.com Technical Opinion Rating Issued Iveda Solutions (NASDAQ: IVDA) a Bullish STRONG BUY Rating Overall, technical indicators are signaling a "Bullish STRONG BUY Rating" based on Investing.com technical analysis. Tomorrow is a critical day for you to pay close attention! According to Markets & Markets, The Global Video Surveillance Market is Estimated to Reach $76.4 Bln. by 2027 - and (NASDAQ: IVDA) is Well Positioned to Follow alongside This Upward Trajectory. [ See Analyst Prediction of 300% Upside Here ](  "As the need for robust, AI-powered video surveillance continues to expand worldwide, Iveda’s technology is keeping citizens, communities, and government personnel safe," said David Ly, Iveda CEO and founder. "The company is poised to continue its momentum into 2024 and beyond, all while effectively improving security operations and quality of life for the people of Taiwan. We’re eager to continue strengthening our partnerships in the region through this contract and beyond." Iveda Solutions, Inc. (NASDAQ: IVDA) provides artificial intelligence (AI) and digital transformation technologies in the United States and Taiwan. The company offers IvedaAI, a deep-learning video analytics software; IvedaPinpoint, a solution that manages Bluetooth trackers and sensors, and displays them on a map for exact location; and Sentir Video, a video surveillance solution for various kinds of applications. It also provides Cerebro IoT Platform, a software technology platform that integrates a multitude of disparate systems for central access and management of applications, subsystems, and devices; and IvedaSPS, a smart power solution utilizing in Cerebro IoT platform. In addition, the company offers Utilus smart pole solution that consists of power and Internet with a communication network for the access and management of sensors and devices. It serves airports, commercial buildings, government customers, data centers, shopping centers, hotels, banks, and safe city projects. Iveda Solutions, Inc. was founded in 2003 and is based in Mesa, Arizona. Iveda Solutions, Inc. (NASDAQ: IVDA) is an established and innovative company, delivering secure, open source and enterprise class managed video services by leveraging the power of cloud computing. The Company’s robust enterprise class video hosting architecture, utilizing data centers, allows scalability, flexibility, and centralized video management, access, and storage, without the burden of buying and maintaining software and equipment. Iveda’s customers simply log in online, access their cameras and begin watching live and/or recorded video data from anywhere in the world at any time using any Internet-enabled device. From one camera locally to hundreds around the world, each camera can be accessed from one secure login. Iveda delivers the true essence of video surveillance through cloud computing. The Company’s open-source technology is interoperable with any existing camera system and enables multiple, simultaneous access without degradation of video quality. Utilizing video hosting technology, Iveda revolutionizes the functionality of security cameras, through a proactive real-time surveillance service rather than event or trigger-based system. There are millions of security cameras in the U.S. today, a great majority of which run unmonitored. Oftentimes, they cannot be used to stop a crime in progress, and are merely observers keeping silent record of any illegal activity. Iveda takes security beyond boundaries by ensuring that each camera in its care remains under expertly-trained eyes. By placing a person behind the lens, a security camera goes from mute witness to active patroller, fully capable of police dispatch and assistance as events unfold. Officers can often be directed to the scene before a criminal has left the premises, leading to a higher arrest rate and greatly increasing the likelihood of recovering any stolen goods.  To Management’s Knowledge Iveda Solutions (NASDAQ: IVDA) Is The Only Major Provider of Enterprise Class Real-Time Video Surveillance in The U.S.  Iveda Solutions, Inc. developed Sentir, a revolutionary Software as a Service video management platform, which enables companies such as telecom, cable, Internet, and other utility companies with subscribers already paying for monthly services, to offer cloud video surveillance services for additional recurring monthly revenue.  MegaSys, Iveda’s Taiwanese subsidiary, specializes in deploying video surveillance systems for airports, commercial buildings, government customers, data centers, shopping centers, hotels, banks, and Safe City initiatives in Taiwan and other neighboring countries. MegaSys integrates security surveillance products, software and services to provide integrated security solutions to the end user. Most of MegaSys’s revenues are derived from one-time sales, which differs from Iveda’s business model of on-going video hosting, remote video storage, and real-time surveillance revenues.  MegaSys does not own any proprietary technology or intellectual property other than certain trademarks in China and Taiwan used in its business. MegaSys serves as Iveda’s research and development arm, with in-house developers, as well as managing and directing its technology partner. MegaSys also manages relationships with manufacturers to find new devices to enable Iveda’s cloud video hosting services.  Historically, Iveda Solutions has derived revenues from security systems integration, equipment sales and installation, conversion of analog cameras to digital, and per hour, per camera service fees from video hosting and real-time surveillance. Additional revenues are derived from extended video storage and extended maintenance contracts.  Iveda Solutions has grown only through direct sales of equipment/installation and video surveillance services through its direct sales team. Since June 2012, Iveda has been developing its indirect sales channel using independent agents and security integrators. Iveda has been in active communication with telecommunications companies in Asia and Africa and expects to sign an agreement with them for reselling of Iveda’s cloud video hosting services.  Iveda Solutions currently has a signed agreement with a Mexico-owned company based in the U.S. As the reseller channel matures, Iveda’s channel partners are expected to take over its equipment sales and installation functions, and help drive Iveda’s recurring service revenue.  After months of rigorous application and due diligence process, in April 2009, Iveda Solutions was approved as a Qualified Anti-Terrorism Technology provider under a formal SAFETY Act Designation by the Department of Homeland Security (DHS). The designation gives the Company, its partners and customers certain liability protection.  Iveda Solutions Is Currently the Only Company, Offering Real-Time IP Video Hosting and Remote Surveillance Services with a SAFETY Act Designation  In September 2010, Iveda Solutions, Inc. acquired its first international customer.  The Company is now providing IvedaOnBoard, its in-vehicle live streaming video service, and remote video storage to a government agency in Mexico.  In April, 2011, Iveda completed the acquisition of MEGAsys Taiwan. MEGAsys designs and manufactures electronic security and surveillance products, software, and services. MEGAsys was founded in 1998 by a group of sales and research and development professionals from Taiwan Panasonic Company. Iveda leverages MEGAsys’ relationships with manufacturing and software companies in Asia, potentially reducing costs and improving services and capabilities. The acquisition also opens doors to the Asian market.  In October 2011, Iveda signed a strategic collaboration agreement with Telmex, U.S.A., a subsidiary of the Mexico-based Telmex, the 4th largest telecommunications company in the world.  Telmex has presence in the U.S., Latin America, Europe, and Africa. Iveda has developed a product, ideal for Telmex’ Mln's of subscribers in the U.S. and Mexico.  In November 2012, Iveda Solutions, Inc. signed a cooperation agreement with Industrial Technology Research Institute (ITRI). ITRI is a research and development organization based in Taiwan. Iveda and ITRI have been co-developing cloud-video services. ITRI has given Iveda license to some of their patents being used in the development. Iveda will have exclusive rights to the products and services being co-developed.  Iveda Solutions Cloud Video Surveillance Services  Iveda Solutions, Inc. has multiple recurring revenue streams based on its cloud-video management platform, including video hosting, in-vehicle mobile video streaming, real-time remote surveillance services, and live streaming video mapping service, using a combination of Internet-enabled cameras, a secure IP network infrastructure utilizing robust data centers, and intervention specialists. Iveda’s services are all web-based and accessible through any Internet-accessible device (e.g., computer, smartphone, tablets).  Iveda Solutions Enterprise Platform for Shareholder Success  IvedaEnterprise is the Company’s managed video hosting platform and is the basis for the Company’s cloud-video surveillance products and service offerings. IvedaEnterprise utilizes a robust data center that is capable of hosting a massive number of live and recorded video from IP-enabled security cameras. This capability allows Iveda to offer real-time video surveillance, in-vehicle streaming video, remote simultaneous access, and data archiving services.  Hosting and remote access services are ideal for customers managing multiple locations. The user’s video is transmitted to the data center and distributed to an almost unlimited number of users simultaneously. Live and archived video can be accessed using any Internet-enabled device. Over the years, Iveda has established a powerful brand within the security industry. Its CEO has spoken at security events and have been interviewed by many trade publications and talk shows on television as an expert in security and cloud video surveillance.  Strong Surge In Social Media Marketing In 2024 Produces More Pro∙fits  With the proliferation of social media as a new marketing vehicle, Iveda has established Facebook, Twitter, and Linkedin presence. Iveda uses these social media sites as another distribution channel for its press releases and event participation announcements. Management continues to anticipate that these sites will generate more and more online buzz about the Company, which will increase the Company’s followers, and website traffic, and ultimately profits.  The Company anticipates these activities to fuel lead generation and increase brand awareness. Iveda will also explore webinars which has started to become a popular sales and marketing vehicle to promote products and services.  Continued Visibility @ Tradeshows Is Producing Major Traction In 2024 [ See Analyst Prediction of 300% Upside Here ](  The Company will continue its internal PR activities, including following editorial calendars of various trade and vertical publications, seeking speaking engagements for the CEO to reach specific captive audience at a tradeshow or event, and writing articles relevant to the Company’s interests.  Iveda intends to allocate approximately 30% of its marketing budget in tradeshow participation. Tradeshows are still very effective in generating hundreds of leads during a 2 or 3-day event, amongst a captive audience who are influencers or decision makers.  Market research company Forrester forecasts enterprise AI software spending will reach $60.4 Bln globally in 2023 and balloon to $227 Bln by 2030.  Iveda Solutions, Inc. (NASDAQ: IVDA) provides artificial intelligence (AI) and digital transformation technologies in the United States and Taiwan. The stock is trading way below $1.00/share right now and has incredible upside of $3.00/share. [ See Analyst Prediction of 300% Upside Here ]( I am urging all of our “FDR” members to add Iveda Solutions (NASDAQ: IVDA) to the top of your watch list right now, and be ready this morning at the opening bell! To Your Trading Success, Michael Reece Editor, Financial Driven Research © 2023 Financial Driven Research, All Rights Reserved. Financial Driven Research (“FDR” or “Company”) is a financial publisher that does not offer any personal financial advice or advocate the purchase or sale of any security or inves∙tment for any specific individual. FDR full disclosure is to be read and fully understood before using FDR website or joining FDR email or sms list. 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