Corporate News
Milestone Systems Delivers Four Years of Record-High Net Revenue
Milestone Systems delivered record-high net revenue of 1.69 billion DKK (approx. $244.9 million) in 2023, according to the newly released Annual Report. The Copenhagen-headquartered company celebrated 25 years in business in February 2023. During its anniversary year, Milestone made significant strides in delivering on its growth strategy, particularly in key industries such as healthcare and hospitality.
Hexagon Rebrands Qognify, Reaffirming Commitment to Physical Security
Hexagon’s Safety, Infrastructure & Geospatial division announced Qognify has officially adopted the Hexagon corporate identity and fully integrated into the division as the physical security business unit. Following the acquisition of Qognify by Hexagon in April 2023, this event marks a new era in physical security and public safety innovation, enabling customers to safeguard their assets, infrastructure and communities.
Boon Edam Leverages Strong Q4 with Strategic Investments to Drive Continued Growth
Boon Edam is setting the stage for what is projected to be the most significant growth period in the company’s history in 2024. Driven by a record-breaking Q4 in 2023, the company attributes its strong sales forecast to continued strategic investments in personnel and support services. Boon Edam is focusing its vision for 2024 with a strategic investment in talent to support its exceptional forecast, continued growth and future expansion.
Nice Appoints Senthoor Navaratnam as New Chief Product Officer of North America
Nice announced the appointment of Senthoor Navaratnam as the Chief Product Officer for North America. Senthoor’s deep expertise in driving strategic growth across global markets will be instrumental in accomplishing the company’s goal to deliver integrated and unified solutions to Nice partners and end users.
AMAG Technology Unveils New Strategic Direction, User Experience, Products Ahead of Largest Security Technology Tradeshow
AMAG Technology announced a new strategic direction that focuses on an expanded view of the company’s product portfolio and improved customer experience for channel partners and end users. The strategy has the full support of Allied Universal®, AMAG Technology’s parent company and the world’s leading security and facility services provider. The new strategic direction reflects the company’s unwavering commitment to innovation, excellence, user experience and security.
iProov Appoints Chief Product Officer
iProov has appointed Peter James as Chief Product Officer and a member of the Senior Leadership Team. In his new role at iProov, Peter will be responsible for leading the company’s product strategy and development. He will work closely with the leadership team to ensure that iProov’s products continue to meet the market’s needs and deliver value to customers. With more than 20 years of experience as a product leader with a background in development and pre-sales, Peter has built and run product management functions in both B2B and B2C organizations.
Everon Announces Grand Opening of Innovation and Operations Center in Dallas Area
Everon announced the opening of the Everon Innovation and Operations center –known as the iO– in Dallas, TX area. The iO is designed to be a hub of learning, innovation, and industry-leading collaboration and is home to the company’s dedicated monitoring and customer operations center, groundbreaking Innovation Lab, and Solutions Showcase demo area. A testament to the Everon brand and mission, the spaces contained within the iO demonstrate over a decade of commitment to commercial security, fire, life safety and service excellence.
ASIS International Announces Keynote Lineup for Global Security Exchange (GSX) 2024
ASIS International announced its keynote lineup for the hybrid Global Security Exchange (GSX) 2024, taking place 23-25 September in-person at the Orange County Convention Center (OCCC) in Orlando, FL and online via the GSX 2024 digital platform. As the youngest Prime Minister globally, Sanna Marin expertly guided Finland through a dynamic geopolitical arena.
Hailo Closes New $120 Million Funding Round and Debuts Hailo-10, A New Powerful AI Accelerator Bringing Generative AI to Edge Devices
Hailo’s funding now exceeds $340 million as the company introduces its newest AI accelerator specifically designed to process LLMs at low power consumption for the personal computer and automotive industries, bringing generative AI to the edge. Hailo, the pioneering chipmaker of edge artificial intelligence (AI) processors, announced it has extended its series C fundraising round with an additional investment of $120 million.
Moms in Security Announces Exclusive Fundraising Event Following Wallflowers Concert at ISC West 2024
On Wednesday, April 10, 2024, at 7:30 p.m. (PST), the not-for-profit organization Moms in Security will host an exclusive Speak Easy party and fundraiser, following The Wallflowers’ concert in the Venetian Ballrooms, during ISC West 2024. Once attendees have registered for the private event, they will receive additional details, including its location. The Speak Easy party will benefit Moms in Security Global Outreach (MISGO), the arm of Moms in Security dedicated to providing technology resources to law enforcement and crusaders in the rescue of human trafficking victims.
Introducing ALCEA: The Renewed Brand for Critical Infrastructure
Official re-launch of the ALCEA brand by ASSA ABLOY Global Solutions. ALCEA is committed to protecting vital infrastructure worldwide and will become the main brand offering critical infrastructure solutions. ASSA ABLOY Global Solutions is announcing that their critical infrastructure offering will adapt ALCEA as its main brand. French-based ALCEA SAS has roots in the security solutions industry dating back to 1995 and was acquired by ASSA ABLOY Global Solutions in 2022.
Why Airport Security Needs Long-Term Video Surveillance
Video surveillance stands out as a crucial instrument in the complex web of airport security, helping to ensure the protection of travelers, employees, and airport property. As important as instantaneous monitoring is, keeping video footage for a longer period of time is also essential for resolving a variety of security issues.
Adapting Military Strategy for Corporate Security: The Veteran’s Approach
Transitioning from military to civilian life is a journey of transformation. For many veterans, this journey leads to the corporate world, particularly in the realm of corporate security. The skills and experiences they bring from their military service are not just applicable but often revolutionary in this field. In this exploration, we delve into how veterans are adapting their military strategy for the betterment of corporate security.
Sustaining A Successful Security Business, 50 Years of Insight
Looking back to 1974, I first entered the Security Business as a sales representative. The security industry was mostly controlled by a small group of national companies with UL Central Stations in most major cities, namely ADT, Wells Fargo, Holmes Electric Protection, Honeywell and Rollins Protective. I can’t remember the last time I’ve heard anyone mention most of these companies.
Brivo Releases 2024 Global Security Trends Report
Brivo publishes its 2024 Top Global Security Trends Report, detailing the most important changes for physical security teams across the globe. Brivo’s seventh annual trends report is based on 850 responses from security professionals across the U.K., U.S., and Europe, asking the opinions of physical security teams in financial services, technology & IT, manufacturing, retail and more.
2024 State of Security Report from HID: Mobile IDs, MFA and Sustainability Emerge as Top Trends
HID announces its 2024 State of the Security Industry Report, which gathered responses from 2,600 partners, end users, and security and IT personnel worldwide, across a range of job titles and organization sizes representing over 11 industries. The 2024 State of Security Report delves into the underlying concerns driving upcoming innovations and the technologies that underpin them, helping security leaders to be proactive in adapting to evolving challenges.
Parker Group President and Founder Honored as 2024 WISF Power 100 Honoree
Parker Group announced that President and Founder Valerie Parker has been selected as a 2024 Women in Security Forum Power 100 honoree. This recognition celebrates Parker’s dedication to the community, outstanding leadership, and contributions to the security industry. Each year, the Security Industry Association’s Women in Security Forum recognizes the exceptional contributions of 100 women in various segments of the security field through the Power 100 awards.
iProov Appoints Leo Curran to Lead Global Partnerships and Alliances and Accelerate its Partner-Focused Strategy
iProov has announced the appointment of Leo Curran to the position of Vice President of Global Partnerships and Alliances as it seeks to significantly expand its partnership ecosystem and accelerate growth and innovation in the digital identity sector. Leo joins iProov with an impressive track record of building and scaling technology companies in senior operational and go-to-market roles for high-growth companies such as Automation Anywhere and UiPath, and IT transformation and consulting services companies like TCS.
DW Promotes Patrick Kelly to Senior Director of Strategy
Digital Watchdog announces the appointment of Patrick Kelly to the position of Senior Director of Strategy. He formerly held the position of Director of IP Product Sales for the company. In his new position, Kelly will take an active role in designing and executing the company’s marketing and sales strategies in the United States and Canada. Patrick Kelly has a long history of success with implementing video systems solutions in a variety of applications, from large school districts to complex installations at regional airports and seaports.
SONITROL Celebrates 60 Years of Protecting What Matters
SONITROL has achieved a significant milestone by reaching 60 years in business. The company will commemorate its six decades of achievements over the coming months and to mark the occasion has joined the Partner Alliance for Safer Schools (PASS) in order to work with the education community to better secure schools and create safer learning environments.