Corporate News

Iris ID Welcomes Industry Veteran, Ricky Garcia, as Business Development Director, Latin America

Iris ID announced Jose R. (Ricky) Garcia as Business Development Director, Latin America.  Ricky has more than 20 years of experience driving increased revenue and cost efficiencies for global high-end technology companies in LATAM. His diversified sales experience including with startups will propel Iris ID multimodal biometric technology as a solution for National ID projects, Access Control systems and more within the region.

i-PRO Awarded NPPGov Contract to Simplify Procurement of Advanced Security Solutions for Public Sector Agencies Nationwide

i-PRO Americas announced that it has been awarded the NPPGov contract RFP#2350 for Facility Security Systems by the League of Oregon Cities. This contract provides public sector customers across the U.S. with simplified access to i-PRO’s advanced security products and services. This competitively bid contract allows government entities, educational institutions, law enforcement agencies, fire and rescue services, public utilities, mass transit authorities, and non-profit organizations, resellers and distribution partners.

Quanergy Revolutionizing Physical Security and Business Intelligence at GSX Orlando

Quanergy Solutions, Inc. invites attendees of GSX Orlando 2024 to experience the “next big thing” in physical security with their Q-Track™ 3D LiDAR (Light Detection and Ranging) solution on show, designed for advanced security and business intelligence applications.

The Cloud Revolution in Healthcare: Security, Efficiency, and the Path to Better Care

Healthcare facilities are the center of healthy communities, providing essential services across diverse populations. These organizations, from emergency rooms to specialized clinics, navigate a complex landscape that demands robust security, immediate response capabilities, and 24/7 operations. Protecting sensitive patient data, ensuring rapid emergency response, and maintaining round-the-clock operations are paramount.

Wavelynx to Unveil the Industry’s First-Ever Mobile App for Secure Device Configuration at GSX 2024

Wavelynx Technologies announced the launch of its industry-first app, Configure by Wavelynx, to revolutionize the way businesses approach security and badge reader management. With Configure, integrators and partners can simplify the installation, customization and on-site updates of Wavelynx readers – all from their mobile device. Configure brings a new standard to how readers are maintained and installed.

Partners AtlasIED and Singlewire Software Showcase Security Technology Ecosystem at GSX 2024 

AtlasIED and Singlewire Software highlight integrated solutions in Orlando AtlasIED and Singlewire Software, recognized leaders in the security industry, will exhibit jointly at Global Security Exchange (GSX) 2024 in Orlando, FL, from September 23-25. The companies will showcase their award-winning security technology solutions, including IntelliSee, IPX endpoints, InformaCast, and Visitor Aware, at booth #1848. GSX […]

Operationalizing Acquisitions

Acquisitions and mergers abound! It feels like every day I am reading about a new acquisition, merger, or another company which is being listed for sale by one broker or another. It’s an amazing time to be in our industry. That also means that many of you are looking to grow through acquisitions.  Whether you are buying a local competitor or a company to open a new market.

How Service Agreements Can Unlock Hidden RMR Opportunities

The electronic security industry has undergone seismic changes since the English inventor Tildesey attached chimes to his homes doors to warn him of intruders.  A lot has changed since then, but one thing that has remained constant is the industry’s need to find new ways to convert equipment installations into recurring monthly revenue. In my experience this need is rarely fulfilled. In some cases, the integrators installation revenue in is in the tens of millions of dollars, but without a shred of recurring revenue coming in the door.

Investing in the Frontline: How Veterans Are Reimagining Security

As the world races forward, so too does the landscape of security—a field where innovation is no longer a luxury but a necessity. At the helm of this transformation are veterans, whose unique blend of battlefield experience and strategic vision is driving a new wave of disruptive security technologies. These individuals are not merely adjusting to civilian life; they’re reshaping entire industries with a focus on protecting what matters most.

Learning From Your Mistakes and Successes in Sales

In the world of sales, the ability to learn and adapt is crucial. Salespeople are no strangers to the lessons taught by mistakes. The pain of a lost deal, a missed opportunity, or a failed pitch drives us to avoid those pitfalls in the future. Even if we’re not consciously trying to learn from our mistakes, the human response to pain ensures we do, at least on a subconscious level. However, there’s a powerful tool in the sales arsenal that’s often underutilized: learning from our successes.

Establishing Decades of Growth Through Adaptation and Innovation

My career as a professional in the security industry began as a systems installer in the New York tri-state region, which ultimately led me to forming my own company monitoring and servicing residential and commercial end-users. Shortly after, I had the good fortune to connect with a bright electrical engineer, Jonathan Sohnis, and together we founded Altronix. It seems like yesterday, but it was almost 40 years ago that Altronix was established. I’m responsible for sales and marketing, while my partner focuses on engineering and manufacturing. Initially, we saw an opportunity to enter the professional security industry with a mission to design and manufacture better power products and peripherals with added features and higher reliability.

Sydney Metro Launches 2nd Driverless Train Line with Ongoing Innovation

On August 19, 2024 the new Sydney Metro City Line was launched. The new line connects the existing Metro North West line from Chatswood, travels beneath Sydney Harbour, and extends through the bustling Sydney CBD, ending at Sydenham. Congratulations to Sydney Metro for greatly enhancing the transport options available to Sydney’s citizens.

Speco Technologies Expands Product Management, Marketing and Sales Teams 

Speco Technologies announced the addition of five new teammates to their roster, expanding their product management, marketing and sales teams. Speco’s newest employees include Mike Martin, National Sales Director; Adrian Tameguia, West Coast Regional Sales Manager; Andrew Escoto, Marketing Manager; Jordan Gaffney, Inside Sales; and Vinod Moorjani, Product Manager. 

RecFaces to Participate in FSIE Mumbai and Visit Major Cities in India

RecFaces announce its upcoming business trip to India from August 20 to September 21, 2024. Partnering with Startologic Technologies, RecFaces will be presenting its innovative solutions at the Fire & Security India Expo (FSIE) in Mumbai from August 22 to 24, Booth No. B-26, P8. At FSIE, RecFaces will showcase their sought-after flagship products based on facial recognition technology, Id-Guard and Id-Gate.

Demand for Interoperability, ONVIF Standards, Helps Drive Growth in Physical Security Market

ONVIF is announcing that more than 30,000 product models in the $120B global physical security market meet the ONVIF conformance requirements for interoperability. This new milestone means that the number of ONVIF conformant, interoperable products has doubled in the last three years and tripled since 2018.

Axis Communications Launches State-of-the-Art Experience Center in Phoenix

Axis Communications yesterday celebrated the grand opening of its newest Axis Experience Center (AEC) in Phoenix, AZ. Featuring an extensive variety of Axis surveillance solutions as well as meeting and demo spaces, the facility will allow Axis to build stronger bonds with partners and customers in the southwest, fostering collaborative growth and innovation to enable smarter and safer communities – both local and beyond.

Comprehensive Partner Platform Streamlines and Enhances acre security’s Partner Experience

Acre security announced the launch of its new Partner Relationship Management (PRM) platform. The partner portal is a comprehensive, one-stop shop designed to streamline the partner experience by providing centralized access to support, marketing, sales and training materials. From onboarding materials to marketing and sales support, the new platform ensures that essential tools and information are readily available, empowering partners to operate more efficiently and effectively.

Genetec Announces Successful Outcome Over Sensormatic’s Patent Infringement Claims

Genetec announced that the lawsuit filed by Sensormatic against Genetec has ended definitively in the company’s favor with Genetec exonerated of any patent infringement and with the court awarding Genetec attorney fees. Sensormatic Electronics, LLC, a subsidiary of Tyco International which is now merged with Johnson Controls, filed suit against Genetec in Delaware in June 2020

Secure Logiq Announces Two Key Promotions

Secure Logiq announce the promotions of two outstanding team members, Ben Pavesi and Ben Yoxall. Ben Pavesi has been promoted to the role of Business Improvement Manager. Since joining Secure Logiq in April 2021 as a Production Engineer, Ben has gained valuable insights into company operations, identifying areas for improvement and contributing significantly to the company’s success.

The Vital Role of Building Your Team When Buying or Selling a Security Business

In the fast pace of security business transactions, ensuring you have a team of experts as advisors cannot be overstated. Whether you are buying or selling a business, navigating the acquisition process requires specialized knowledge and experience. A team of experts brings together diverse skills and insights, ensuring that a transaction is not only successful but also maximizes value and minimizes risks.