Waycon

What Waycon does

Waycon is a Tunisia-headquartered electronic security systems integrator founded in 2004, operating across North Africa and the Middle East. The company delivers IP-based electronic security solutions built around 12 core product categories: video surveillance (fixed and PTZ cameras with H.264/MJPEG compression and PoE support), access control, intrusion alarms, fire safety, time and attendance management, patrol management and tracking, inspection devices (for persons and vehicles), intercom and audio signaling, centralized supervision (PSIM-style aggregation across subsystems), item surveillance, traffic management, and technical/building management. The underlying technical architecture is a 100% IP star network on fiber optic cabling, with industrial servers, network switches, and a multi-site video management software platform enabling centralized monitoring; the company highlights capabilities such as 15km+ extended perimeter monitoring with zero dead angles.

Waycon serves enterprise and government clients through direct enterprise field sales, with offices in Tunis (headquarters), Sousse (central Tunisia), and Casablanca (Morocco). The client base is concentrated in Tunisia and spans banking (BIAT, ATB, BH, UIB, QNB, PT Banques), state security and defense (Ministry of Interior, MDN, Direction Générale des Prisons Rééducation), airports and ports (OACA, OMMP), telecommunications (Ooredoo, Orange Tunisia, Tunisie Telecom), industrial groups (Poulina, Delice, STIR), energy (Total), and retail (Zara). Waycon claims a track record of more than 1,000 completed projects and 1,000+ clients, and positions itself as a pioneer in security integration on the African continent.

Revenue is generated through two streams: professional services (design, integration, installation, and ongoing support for security systems) and hardware/equipment sales (cameras, servers, switches, sensors, networking equipment) bundled into integrated projects. Pricing is quote-based and project-specific, with multi-year contracts typical for enterprise and government engagements. The company is privately held, founder-owned, with no disclosed institutional investors, funding rounds, or M&A activity, and operates with a headcount of 80+ employees of whom approximately 80% are senior cadres and 55% are engineers.

Name

Waycon

Legal name

Waycon

Website

https://waycon.com

Company type

Private

Founded year

2004

Operating status

Operating

Headcount range

51–100 employees

Short description

Waycon is a Tunisia-based electronic security systems integrator founded in 2004, providing IP-based video surveillance, access control, intrusion detection, and fire safety solutions to banks, government agencies, ports, airports, telecom operators, and industrial enterprises across North Africa and the Middle East.

Ownership category

akta.pro rank

Product category

Electronic Security Systems Integration

NAICS

Security Systems Services (except Locksmiths) (561621), Security Systems Services (56162)

SIC

Industrial Instruments For Measurement, Display, And Control (3823), Services-Facilities Support Management Services (8744)

akta.pro primary industry

Security Management Platforms Integration (PSIM/SOC, Command & Control) (BPAKAGAH)

Keywords

• Electronic security integration
• Video surveillance systems
• Access control solutions
• Fire safety systems
• Intrusion detection systems

Headquarters

HQ city

Tunis

HQ country

Tunisia

HQ region

Africa

Offices3 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Technology or R&D, Operations, Supply Chain, Marketing or Sales

Revenue model

1. Security System Integration Services: Waycon generates revenue through integration and installation of comprehensive electronic security solutions including video surveillance, access control, fire safety, intrusion detection, and monitoring systems. Services include project design, implementation, and ongoing support.
2. Hardware and Equipment Sales: Sale of security hardware including cameras (fixed, PTZ, thermal), servers, industrial switches, sensors, and related networking equipment as part of integrated security solutions.

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels5 records

Core offering

Waycon is a Tunisia-headquartered electronic security systems integrator, founded in 2004, that designs, deploys, integrates, and maintains end-to-end security solutions across video surveillance, access control, intrusion detection, fire safety, time and patrol management, and centralized supervision. The company serves enterprise and government clients in banking, public administration, transportation (airports/ports), industrial, energy, telecommunications, and retail sectors across North Africa and the Middle East. Revenue is generated through project-based system integration, hardware resale (cameras, panels, controllers), and ongoing maintenance contracts.

Product overview

Waycon offers a comprehensive suite of electronic security solutions as a systems integrator, providing 12 core product categories including video surveillance, access control, time management, intrusion alarms, fire safety, patrol management, inspection devices, intercom, centralized supervision, item surveillance, traffic management, and technical building management. The company operates as a technology integrator combining hardware components (fixed/PTZ cameras with H.264/MJPEG compression and PoE support, industrial servers, network infrastructure) with software platforms for video management and visualization. Their solutions are designed for diverse sectors across North Africa and Middle East, including banks, airports, ports, retail, sensitive sites, and government facilities.

Differentiator

Problem solved

Functional benefit

Products and services

• Video Surveillance Full IP-based video surveillance solutions incorporating cameras (Axis, Aviglon, Pelco, Hanwha, Dahua, Hikvision, Vivotek), network video recording, video analytics (line crossing, intrusion area, abandoned/missing objects), fiber optic transmission, H.264/MJPEG compression, and POE-powered devices, designed for enterprise, government, banking, transportation, industrial, energy, telecom, and retail sites.
• Access Control Integrated access control systems using Lenel, Genetec, Honeywell, Bosch, Milestone, Nedap, Stid, SimonsVoss, IDEMIA, Suprema, Morpho, and TKH Security technologies, designed for organizations that need credentialed entry management across multi-site facilities.
• Intrusion Alarms Intrusion detection and alarm systems combining detection devices (AirPax, IDenticard, UTC ATS, TKH Security) with reporting and centralized monitoring, intended for protected premises across enterprise and government sectors.
• Fire Safety Fire detection and fire safety systems designed to protect premises and personnel, integrated with reporting and centralized supervision platforms for industrial, government, and commercial sites.
• Time Management Time and attendance management solutions that track employee working hours and access, leveraging credentials and access control infrastructure for workforce administration.
• Patrol Management and Tracking Patrol management and tracking systems that monitor security guard routes, checkpoints, and movements to ensure consistent site coverage and incident traceability.
• Inspection Devices Inspection devices used to verify and audit security procedures, personnel checks, and compliance with site patrol protocols.
• Intercom and Audio Signaling Intercom and audio signaling systems enabling voice communication and audio alerts at entrances, checkpoints, and security stations for access-controlled facilities.
• Item Surveillance Item surveillance solutions designed to monitor and protect valuable or sensitive objects within secure premises using electronic tagging and detection technologies.
• Traffic Management Traffic management solutions that combine surveillance, vehicle access control, and signaling to regulate vehicle flow at secured sites such as ports, airports, and industrial facilities.
• Technical Management Technical management services covering the engineering design, commissioning, maintenance, and ongoing technical support of deployed security systems.
• Centralized Supervision Centralized supervision platform that unifies video surveillance, access control, intrusion, fire, intercom, and other subsystems into a single supervisory interface, providing real-time alerting, reporting, and operational oversight across multi-site deployments.

Quantifiable outcome

• 1000+ projects successfully completed
• +2 more outcomes

Named customers19 records

Segments11 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Scale indicators3 records

Recent moves5 records

Expansion highlights5 records

Broad incumbents

• Securitas: Swedish multinational security services and technology integrator with global electronic security offerings — comparable as a broad incumbent that competes with regional integrators across enterprise and government accounts.
• Siemens Smart Infrastructure: Global incumbent in building and security infrastructure integration serving airports, ports and government — comparable on Waycon's critical-infrastructure (airports, ports, ministries) project scope.
• Bosch Security Systems: Global manufacturer and integrator of video surveillance, intrusion and access control solutions — comparable as both a hardware supplier and competing integrator for the same enterprise and government projects.
• Honeywell Building Technologies: Large incumbent offering integrated building security, video and access control solutions globally — relevant peer because Waycon's centralized supervision platform overlaps with Honeywell's security management portfolio.
• Hikvision: Global leader in video surveillance hardware and increasingly in integrated solutions — directly comparable on the hardware and IP-camera layer that forms the backbone of Waycon's deployments.
• Johnson Controls (Security & Fire): Large incumbent providing integrated security, fire and building management solutions to enterprises and governments — overlaps with Waycon's combined security, fire safety and technical management offering.
• G4S (now part of Allied Universal): Global security services and integrated solutions provider with significant presence in Africa and the Middle East — comparable as a broad incumbent offering overlapping electronic security integration alongside guarding.

Emerging players

• Milestone Systems: Denmark-based open-platform video management software provider — comparable as a competing VMS layer and channel partner for similar systems-integration projects across enterprise and government.
• Genetec: Canadian provider of unified security platforms (VMS, access control, PSIM) used by integrators and end customers — comparable as the underlying software stack that Waycon's centralized 'Supervision' platform competes with or integrates.

Direct peers

• Convergint Technologies: US-headquartered, large-scale electronic security and systems integrator serving enterprise and government customers with video surveillance, access control and integrated solutions — the closest direct peer to Waycon's integrator-led model.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks7 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/channel/UC7684VDQfKTkAkcz9o4SH7A
• Facebookfacebook.com/Waycon-988799464496448
• LinkedInlinkedin.com/company/waycon

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Waycon