June 22, 2015 Vol. 18, NO. 16 Ross Video’s winning playbook Smart acquisitions, strategic thinking have made Ottawa manufacturer a global powerhouse while competing against the likes of Sony and Panasonic BY DAVID SALI [email protected] W hen rookie cornerback Malcolm Butler intercepted Seattle Seahawks quarterback Russell Wilson in the dying seconds of Super Bowl XLIX, the New England Patriots clinched their fourth NFL title in franchise history. But Tom Brady and Co. weren’t the only big winners at the University of Phoenix Stadium this past February. Ottawa’s own Ross Video had a pretty good Super Bowl Sunday as well. A local company that designs and manufactures equipment for live events and video productions, Ross Video had a hand in virtually all aspects of NBC’s game-day broadcast, which drew the largest television audience in U.S. history. Ross equipment dominated the network’s control room. Ross technology created the on-screen graphics and generated the “augmented reality” image of a giant Vince Lombardi Trophy. Ross’s mobile trucks were also on scene, producing Sports Illustrated’s live streaming coverage of the game and surrounding events. All of it was done with equipment manufactured at the firm’s 80,000-squarefoot plant in Iroquois, not far from Ottawa on the St. Lawrence River. Much like the Patriots, who have built a dynasty despite not having the biggest names or flashiest players at most positions, Ross Video has forged a reputation for punching above its weight by out-preparing and outperforming its rivals. When rookie cornerback Malcolm Butler intercepted Seattle Seahawks quarterback Russell Wilson in the dying seconds of Super Bowl XLIX, the New England Patriots clinched their fourth NFL title in franchise history. But Tom Brady and Co. weren’t the only big winners at the University of Phoenix Stadium this past February. Ottawa’s own Ross Video had a pretty good Super Bowl Sunday as well. A local company that designs and manufactures equipment for live events and video productions, Ross Video had a hand in virtually all aspects of NBC’s game-day broadcast, which drew the largest television audience in U.S. history. Ross equipment dominated the network’s control room. Ross technology created the on-screen graphics and generated the “augmented reality” image of a giant Vince Lombardi Trophy. Ross’s mobile trucks were also on scene, producing Sports Illustrated’s live streaming coverage of the game and surrounding events. All of it was done with equipment manufactured at the firm’s 80,000-squarefoot plant in Iroquois, not far from Ottawa on the St. Lawrence River. Much like the Patriots, who have built a dynasty despite not having the biggest names or flashiest players at most positions, Ross Video has forged a reputation for punching above its weight by out-preparing and outperforming its rivals. “It’s not what you’re doing right, it’s also making sure you don’t do anything wrong. I can come up with a couple of dozen things that you can do badly and it won’t matter whether you do other things right. It’s trying to make sure there’s no stone unturned when you’re pushing the company forward. ” — DAVID ROSS, CEO OF ROSS VIDEO “When you’re playing a game at multiple levels like that, it’s difficult for our competitor who has slightly better technology, a slightly shinier product, to win, because there’s more to the game than that,” says David Ross, the firm’s CEO and majority shareholder. “We compete every day with Sony and Panasonic – and win more often than we lose.” As with football, that means paying attention to every detail. Mr. Ross takes pride in doing his homework before making any major acquisition, something he’s done a lot over the past half a dozen years – 10 deals and counting. “Every one had its challenges,” he concedes. “It’s what you do about them that’s the difference. David Ross has taken the video production equipment company his father Out of founded in 1974 and built it into a worldwide presence. FILE PHOTO those 10 acquisitions, we have had zero failures. with a smile. “It’s not what you’re doing Every single one of them has grown or has right, it’s also making sure you don’t do benefited Ross in some huge way.” anything wrong. I can come up with a At the Super Bowl, for example, Ross’s couple of dozen things that you can do mobile trucks used technology the firm badly and it won’t matter whether you do gained through its 2013 acquisition of other things right. It’s trying to make sure Florida-based Mobile Content Providers. there’s no stone unturned when you’re That computer-generated Vince Lombardi pushing the company forward.” Trophy? It was brought to the screen Today, he likes to say, Ross Video is a courtesy of products pioneered by Unreel “technology company that really focuses on LLC, a company Ross bought last year. sales and marketing.” Before he considers any deal, Mr. Ross It’s a far cry from the place where he says it has to meet two key criteria: the started. company must align snugly with his firm’s “When I joined Ross Video in 1991, we corporate culture and must generate no had maybe three or four people in sales and more than 10 per cent of Ross’s revenues. marketing, but we put a ton of emphasis That mitigates the risk if a deal goes south, into research and development and he says, and it eliminates “all sorts of products,” he says. “I used to get people political problems” that often crop up when saying to me, ‘You guys are the best-kept big companies merge. secret in the broadcast industry. I love your “What I like to do is buy relatively stuff. Too bad more people don’t know small gems that have great potential that about it.’ And it just bugged the hell out of would benefit from the Ross brand and me.” integrating with the Ross suite of products,” Mr. Ross says that even though his he says. “If you were to buy a (market) background was in engineering, he began leader, what do you get out of that? You spending time learning about the market get maybe the efficiencies of saving some and the firm’s competition and doing sales and accounting. It’s not the same demos of the product in the field. thing as seeing fantastic growth of a small “That led to really recognizing the company.” value of building a strong sales force and Those acquisitions have paid major building your brand name. That paid off dividends for Ross Video, which is closing exceptionally well.” in on the 600-employee mark less than two Ross sales offices now span the globe years after reaching 500. Broadcasters in and the firm’s marketing force includes about 140 countries use its products, and more than 100 people. Mr. Ross says the company’s annual sales “When you have that sort of a market are “well into nine figures.” presence and feet on the ground around The firm his father launched in 1974 the world, you know what’s going on and has averaged 17 per cent year-over-year have great relationships with your business revenue growth since he came on board partners,” Mr. Ross says. “But the other in the early ’90s, an impressive feat in any thing is, you start to attract interest from industry. companies that want to partner with you.” “Not bad for a tech company,” he says A winning formula? You bet.
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