Tag: Johnson Controls (JCI)
Johnson Controls builds 'momentum' heading into fiscal 2025
November 8, 2024Cory Harris, Editor
CORK, Ireland—Johnson Controls Chairman and CEO George Oliver says he’s “very pleased” with the strong end to the company’s Q4 and fiscal year results, giving it “momentum” going into fiscal 2025.
During the Q4 earnings call, Oliver cited double-digit organic sales growth and robust margin expansion as the catalysts to the solid numbers Johnson Controls shared with investors on Nov. 6.
“Today, we are a faster-growing, more...
'We will be a simpler, higher-growth company' - Johnson Controls divests businesses as Oliver bows out
August 5, 2024Ken Showers, Managing Editor
CORK, Ireland — Johnson Controls’ sales in the third quarter were steady as the company continues to transform its business, including through divestitures, to better fit a leaner and more competitive industrial market.
The company reported sales of $7.2 billion, a 1% increase year over year. GAAP net income was $975 million. Adjusted net income was $769 million. The company also reported 10% growth to its backlog in the quarter, which Chairman and CEO George Oliver said increases...
Orange County, N.C., ECC goes live with TMA’s Automated Secure Alarm Protocol
August 2, 2024SSN Staff
MCLEAN, Va.—The Monitoring Association (TMA) announced that the Orange County Emergency Services, Public Safety Communications Division became the 146th Emergency Communications Center (ECC) in the United States and the 14th in the state of North Carolina to implement the Automated Secure Alarm Protocol (ASAP).
Launched in 2011 as a public-private partnership, TMA’s ASAP service is designed to increase the accuracy and efficiency of calls for service from alarm monitoring...
Johnson Controls CEO George R. Oliver to retire
August 2, 2024SSN Staff
CORK, Ireland—Johnson Controls announced that George R. Oliver will retire following the company's substantial progress on its portfolio transformation.
Oliver has led the Johnson Controls' business and portfolio transformation since becoming Johnson Controls chairman and CEO in 2017. He will continue to serve as chairman and CEO until a successor is named and will remain chair of the board once the new CEO is named to allow for a smooth management transition.
"It has...
Johnson Controls introduces Digital Enrollment mobile app
August 1, 2024SSN Staff
MILWAUKEE—Johnson Controls, a global provider for smart, healthy and sustainable buildings, has introduced the Digital Enrollment mobile application for auto-addressing fire detection and alarm devices.
By simply scanning and downloading data via a QR code located on each addressable device, the Digital Enrollment app provides an addressing solution that helps eliminate errors and is faster compared to traditional methods, with no special tools required.
The app lets users install and...
Buncombe County ECC goes live with TMA’s Automated Secure Alarm Protocol
July 11, 2024SSN Staff
MCLEAN, Va.—The Monitoring Association (TMA) announced that the Buncombe County Public Safety Communications Center (BCPSC) became the 145th Emergency Communications Center (ECC) in the United States and the 13th ECC in the state of North Carolina to implement the Automated Secure Alarm Protocol (ASAP).
Launched in 2011 as a public-private partnership, TMA’s ASAP service is designed to increase the accuracy and efficiency of calls for service from alarm monitoring centers...
DMP names Charlie Lunney as new director of sales, Northeast
June 25, 2024SSN Staff
SPRINGFIELD, Mo.—Digital Monitoring Products (DMP) has named Charlie Lunney as the new director of sales, Northeast. He will direct and support the regional sales managers in the New England, New York Metro, Northeast and Mid-Atlantic territories.
“I’m happy to be at the organization,” said Lunney. “One of the things I like is it’s a limited dealership product line. You’re not everything to everybody. You’re everything to a select few. I do really...
Florida ECC goes live with TMA’s Automated Secure Alarm Protocol
May 21, 2024SSN Staff
MCLEAN, Va.—The Monitoring Association (TMA) has announced that the Palm Beach County Fla. Sheriff's Office became the 144th Emergency Communications Center (ECC) in the U.S. and the 11th in the state of Florida to implement TMA’s Automated Secure Alarm Protocol (ASAP).
Launched in 2011 as a public-private partnership, TMA’s ASAP service is designed to increase the accuracy and efficiency of calls for service from alarm monitoring centers to ECCs.
Palm...
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...
PSA Network unveils 2024 P3 partners
April 3, 2024SSN Staff
WESTMINSTER, Colo.—The PSA Network, the world’s largest consortium of professional systems integrators, has announced the PSA Partner Program (P3) members for 2024.
The P3 program is a performance-based initiative designed for technology partners. It assesses and categorizes partners according to a set of criteria that mirror their achievements and impact within the network.
Partners meeting the minimum annual sales threshold undergo evaluation on a weighted scale. The cumulative...