Tag: 2024
Quarter pounded
May 8, 2024Ken Showers, Managing Editor
Dire continuity yields to the march of time as this week marks cleanup for the industry’s quarterly financial results.
One more to go as of writing this and then the second quarter (Q2) 2024 begins for me in earnest, but most companies have probably been eager to get a jump on Q2 for some time now. It’s no secret that it’s been a rough financial quarter for everyone in one way or another, I don’t even think it’s confined to the security industry either! Go peek at...
Q2 sales flat for Johnson Controls, may be eyeing sale of ADT alarms business
May 3, 2024SSN Staff
CORK, Ireland – Johnson Controls International (JCI) plc has reported its fiscal second quarter (Q2) 2024 results, and the company may be looking to divest itself of one of its non-core businesses.
GAAP earnings per share (“EPS”) of $(0.41). Excluding special items, adjusted EPS was $0.78 (see attached footnotes for non-GAAP reconciliation). Sales in the quarter of $6.7 billion were flat compared to the prior year on an as reported basis and increased 1% organically. GAAP...
Education program announced for GSX 2024
May 1, 2024SSN Staff
ALEXANDRIA, Va.—ASIS International has announced its programming lineup for Global Security Exchange (GSX) 2024, with in-person and digital experiences taking place Sept. 23-25 at the Orange County Convention Center in Orlando, Fla., and via the online GSX event platform.
"Leading this year’s Selection Committee has been a privilege," said Dr. Diana M. Concannon, PsyD, PCI, CTM, 2024 GSX Selection Committee chair. "Our exceptional...
ASSA ABLOY seeks to ‘protect the bottom line’ in U.S.
May 1, 2024Ken Showers, Managing Editor
STOCKHOLM – As challenges continue to mount in the residential security market in the U.S., ASSA ABLOY is making sure it “adapts cost to the new reality,” says President and CEO Nico Delvaux.
“It's clear that we continue to operate in an uncertain economic climate,” he said. “As I said in previous quarters, we will continue to take advantage of those opportunities we see in the market. There are still regions where we see very good momentum. There...
Everon’s ‘momentum is real,’ says CEO Dan Bresingham
April 24, 2024Cory Harris, Editor
LAS VEGAS—Six acquisitions in six months. A rebranding that has employees excited. There’s lots going on in the world of Everon, formerly ADT Commercial.
The wave of M&A activity began in December with the acquisition of Newtech Systems, followed by Apex Integrated Security Solutions and Portland Safe in January, Riverside Integrated Systems and Customized Service Concepts in early February, and most recently, DIGIOP in March.
Security Systems News (SSN)...
ISC West hits the jackpot
April 17, 2024Cory Harris, Editor
Safe to say that ISC West 2024 came up all 7s.
Sorry, had to use some slot machine terminology as Las Vegas was the center of the security universe for the largest industry show of the year.
It’s a good thing I’m not claustrophobic, and I’m sure my quartet of Security Systems News colleagues who joined me in Vegas – Ken Showers, Brad Durost, Acasia Gardner and Christina Throndson – would echo that sentiment. Boy, was that show floor packed to the gills or what?
We...
ISC West 2024 grows attendance, offers most expansive lineup yet
April 16, 2024SSN Staff
NORWALK, Conn.—ISC West 2024 delivered another year of successful programming and welcomed more than 29,000 security industry professionals to The Venetian Expo in Las Vegas, show officials announced.
ISC West elevated the customer experience by hosting both fan-favorite and brand-new offerings throughout the four-day event, which featured over 750 exhibitors, over 220 speakers and over 110 education sessions covering the latest trends and solutions across the security industry.
“This...
Allegion introduces new access control technologies, software at ISC West
April 16, 2024SSN Staff
LAS VEGAS—Allegion US, a provider of security solutions, technology and services, unveiled new interoperable electronic access control technologies and software at ISC West 2024.
Allegion’s latest products and solutions introduced at ISC West included:
Schlage NDE and LE mobile enabled wireless locks with Si option: These interoperable solutions are ideal for customers using HID iCLASS, iCLASS SE, Seos smart or NFC mobile credentials, including...
Axis launches Axis Cloud Connect, Camera Station VMS at ISC West
April 16, 2024SSN Staff
CHELMSFORD, Mass.—Axis Communications introduced Axis Cloud Connect, an open cloud-based platform designed to provide customers with more secure, flexible, and scalable security solutions, as well as its new Camera Station VMS at ISC West 2024.
With two decades of experience in cloud connectivity and over a million cloud-connected Axis cameras in use today, Axis Cloud Connect is created to work together with Axis devices to enable a range of managed services that support system...
She sells security
April 9, 2024Ken Showers, Managing Editor
I’m writing this after completing the first leg of my journey towards ISC West 2024, and I can safely say that “She Sells Sanctuary” by The Cult is the best road song of all time.
What are some good runners up you might ask? “Roundabout” by Yes, and “Last Train Home” by Pat Metheny for sure. Late night drive? “No Sleep till Brooklyn” by the Beastie Boys, easily answered questions. What might not be an easily answered question is what programming...