WASHINGTON—Weeks into the legislative lull of August, the Security Industry Association is gearing up for Congress to return to session in September, when lawmakers in the House will tackle immigration reform.
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.
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?
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.
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.
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.
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.