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TechSec Solutions

Home automation company goes public

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Wednesday, August 7, 2013

Home automation provider Control4 had a successful IPO on Friday Aug. 2. The company offered 4,000,000 shares of its common stock for $16 per share. The shares began trading on the NASDAQ market.

The share price quickly climbed to $20.70 in what Business Insider called a “stellar IPO. … That gives the 10-year-old, Salt Lake City, Utah, company a valuation of about $446 million. Not bad considering it had 2012 revenues of $109.5 million and posted a loss from operations every year since 2008.”

The stock closed at $21.06 on Tuesday, Aug. 6.

One winner in the deal, Business Insider pointed out, is Cisco, which made an undisclosed $20 million investment in the company in 2011.

Business insider says that Cisco “also signed on to sell a Cisco-branded version of its products and to help Control4 develop new products. … Control4 is part of Cisco's big vision of a brand new tech market called the Internet of Things (although Cisco prefers the term the Internet of Everything). IoT refers to putting all the inanimate objects in your home, office and city on the Internet and making them interactive."

And speaking of the Internet of Things, we had a great panel discussion at TechSec last year about that touched on that topic, and we’ll be doing more on it this year. We’re putting the program together right now. Look for details around ASIS time.

 

Security Director News' ‘20 under 40’ end users face challenges

Relationships, seamless integration all help, they say
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02/12/2014

DELRAY BEACH, Fla.— Collaborating with other departments— especially IT—the practical use of video analytics and biometrics, and seamless integration were among the pressing concerns of young security pros at the TechSec Solutions conference held here in late January.

Hospital leaders to integrators: Learn our unique challenges

TechSec panelists seek proactive information, follow-up
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01/31/2014

DELRAY BEACH, Fla.—Health care facilities have unique security needs and integrators who want those facilities’ business would be more successful if they learned what their needs are, according to hospital security directors at TechSec Solutions, held here this week.

‘We all need to talk more’

TechSec keynote speaker urges better communication among end users, integrators, manufacturers
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01/29/2014

DELRAY BEACH, Fla.—Security directors need better relationships with their integrators and with manufacturers, says Harold Grimsley, Florida Blue’s senior director for corporate safety, security and facility operations.

TechSec panels showcase perspectives of young leaders

 - 
Wednesday, January 22, 2014

Less than a week remains until TechSec Solutions kicks off in the comparatively balmy climes of Delray Beach, Fla. The location itself will be a welcome respite for those of us coping with the deep freeze to the north, but it’s the quality of the speakers and panelists that stand to be the biggest draw.  

I wanted to use this space to draw attention to a pair of Next Gen Security Series panels slated for the opening day, one of which I’ll be moderating. For the panel, titled “Security integrators’ perspective: The changing landscape of security integration,” I’ll be asking four members of SSN’s latest “20 under 40” class a range of questions focused on new and emerging technologies, all with an eye toward identifying what implications such developments have for the industry as a whole.

The panelists for my session will be Johnny Cunningham, director of information technology at ADS Security; Robert Gaulden, VP of sales & marketing at Kratos; Jesse Rivest, territory manager at Affiliated Monitoring; and Joe Parisi, senior account executive at Rapid Response Monitoring. Considering the range of professional responsibilities, the panel provides a pretty strong snapshot of the industry.

The other Next Gen panel will include “20 under 40” winners from SSN’s sister publication, Security Director News, and that session will be moderated by SDN editor Amy Canfield.

From Delray Beach I’ll be following up with more coverage on the Next Gen panels, while covering several other events in the TechSec program. I’m eager to meet some new folks down at the conference, and eager to hear what those at the vanguard think of the industry’s direction.

Integrators: Making money on big security data

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Wednesday, December 11, 2013

When I met with my TechSec advisory board this past summer to talk about TechSec 2014, one of the topics the group wanted to make sure we talked about was big data. We had an excellent primer on big data at TechSec 2013, thanks to Axis’ Steve Surfaro and EMC’s Patrick Snow. For this year’s conference (Jan. 28-29 in Delray Beach, Fla.), we wanted to take a different tack.

I"m really pleased with the idea we came up with. We've asked four leading integrators to discuss how they’re helping their customers mine and synthesize data from their video and access control systems.

Kratos CTO Chris Peckham is going to moderate the educational session that will feature these integrators: David Coleman of Avrio RMS; Nigel Waterton of Aronson Security Group; Robert Locke of Open Innovation (part of Tyco); and, Don Zoufal of SDI.

The discussion will center on how the data is extracted, what kind of business intelligence that data provides and in what format. Each integrator will focus on the data mining they're doing in a specific vertical market including city surveillance, airports and retail.

Sound good? You can register for TechSec here.

TechSec 2014 to feature security directors from salesforce.com, MIT, leading banks

New and emerging technology conference will also honor 40 young professionals
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10/15/2013

YARMOUTH, Maine—Organizers of TechSec Solutions 2014 announced the educational program for the conference, which will take place Jan. 28-29 at the Delray Beach Marriott in Delray Beach, Fla.

Port of Miami relies on IP for security and business

The 'controlled chaos' of cargo and cruise ship traffic requires extensive technology deployments
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03/17/2011

DELRAY BEACH, Fla.—Transitioning to an IP network isn’t just beneficial for managing security devices, it’s also critical to managing all the business functions for an organization. Presenting at TechSec Solutions, Louis Noriega, chief information systems for the Port of Miami, told attendees that it is especially critical to make processes and procedures as efficient as possible particularly in a port environment, which must balance heavy cargo traffic as well as large numbers of cruise ship passengers.

Geeks and guns

TechSec keynoter discusses physical and IT security cross pollination
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02/17/2011

DELRAY BEACH, Fla.—As electronic technology becomes increasingly vital to physical security, there has been a growing need for collaboration between physical and IT security. But should corporations be striving to converge these two departments into one?

Specifiers, integrators say collaboration key to project success

Panel at TechSec says it’s essential the two talk and work together
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02/17/2011

DELRAY BEACH, Fla.—Communicate, communicate, communicate. That was the primary advice from two integrators and two specifiers who spoke on a panel Tuesday at TechSec Solutions here on the topic of how integrators and consultants can work most effectively together. Other advice included thorough vetting of integrators during the pre-specification phase to make sure they have the experience and expertise to successfully complete the project.

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