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Readers warming up to stand-alone home automation

Most News Poll respondents say security companies should at least offer a smart home-only package
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08/07/2013

YARMOUTH, Maine—In June, Comcast, a relative newcomer to the industry, rolled out Xfinity Home Control, which allows homeowners to control lights and thermostats and remotely view rooms in their homes without what was traditionally the foundation of such a package: a home security system.

Lead Boston Marathon bombings investigator talks urban security

William Evans explains how training, public-private partnerships, helped mitigate damage, ID suspects
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08/07/2013

BOSTON—When the two bombs exploded at the Boston Marathon finish line in April, there was chaos. Hundreds were seriously injured. Participants and spectators were panicked, not knowing where to turn for safety. Were there more explosive devices set to go off in a few seconds?
Within 22 minutes, chaos was quelled, and the area was secured. How?

Technavio: Video analytics market to grow

Drivers of growth include cloud adoption, more affordable cameras, and new data-analysis needs
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08/05/2013

The global intelligent video analytics market is poised to grow at a CAGR of 31.4 percent from 2012 to 2016, a rise fueled by operational advantages afforded by such products, as well as more competitively priced surveillance cameras, according to a market report conducted by analysts at Technavio, a London-based technology research and advisory company.

Iris scanning enters mainstream market

‘Access cards can be forged, irises can’t’
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07/24/2013

ROCK HILL, S.C.— Iris scanning technology is typically used by the government, the military and in hospitals. However, as prices have started to come down, the market for the technology is expanding to also include mainstream users, ranging from universities to your local gym.

Doing your due diligence

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07/17/2013

YARMOUTH, Maine—When a bank considers making a loan to a security company it goes through a standard due diligence process, so if you’re a security company looking to acquire a competitor, “you should look for the same things that we look for in your business,” according to Jennifer Holloway, managing director in the Security Industry Group at The PrivateBank.

Acquiring thy neighbor?

Best practices according to Jennings, Egan, Loud, Goldstein and Cerasuolo
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07/17/2013

YARMOUTH, Maine—One of the best ways for security companies to build density is to acquire a local competitor, but there also are potential pitfalls when doing business in your backyard, according to five security company executives who have experience with these kinds of transactions.

Cablecos and Telecoms: Readers debate the new competition

Do smaller professional security companies stand to gain from the emergence of new players?
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07/10/2013

YARMOUTH, Maine—Brand recognition, national reach and advertising clout are some of the obvious advantages afforded the telecom and cableco giants now entering the security space.

Senate immigration bill includes major security measures

The bill, which passed the Senate 68-32, would devote more than $40 billion over the next decade to security enforcement measures
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07/10/2013

WASHINGTON—A major security-focused amendment to the Senate immigration bill, proposed by a pair of Senators one day before the legislation passed 68-32, might have played a critical role in making the overhaul more palatable to several more Senate Republicans.

TycoIS sues ISC; N.J. integrator files counterclaim

Former SST employees Catagnus, Pichola and Richman at center of lawsuits that deal with trade secrets, non-compete agreements
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06/26/2013

TOMS RIVER, N.J.—Claims of trade secrets stolen, employees poached and counterclaims that Tyco is trying to run a much smaller competitor out of business fill two lawsuits—one filed by Tyco Integrated Security at the end of May and a counterclaim filed by Integrated Security & Communications on June 24.

Does retail sell security short? Readers split on value of stores

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06/25/2013

YARMOUTH, Maine—Selling home security at retail stores is one of the hottest trends in the industry. Comcast, AT&T and Lowe’s are among the big players doing it, and some smaller companies are carving a niche there as well. But the majority of SSN poll respondents see it as something else: a fad that won’t be supported in the long run by customers.

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Poll

SSN News Poll January 2015

John Loud of LOUD Security spoke at Honeywell’s recent Connect2014 event for its dealers about the need for an appropriate company culture that builds engagement and productivity and adds a “fun factor” to the workplace. How does your company handle its culture? Tell us what you think.

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