market

Seagate Technology PLC: Video Surveillance Market Faster And Bigger Than Expected

Analyst Ananda Baruah at Brean Capital maintained a Buy rating for shares of Seagate Technology PLC (NASDAQ:STX), along with a Price Target of $42 for the stock. The analyst in a research note on the company mentioned that the market for video surveillance is a much larger one and is also growing at much steadier pace than expected.

Adoption of Video Analytics Will Stimulate Video Surveillance Market in Africa by 2018

Video surveillance system consists of many appliances. Any appliance that enables embedded image capture capabilities that allows video images or extracted information to be compressed, stored, or transmitted over communication networks or digital data link is the part of video surveillance system. Video surveillance systems are increasingly being used in security systems and with good reason. Even the presence of video cameras acts as a deterrent to potential criminals. Possible dangers are also detected at an early stage. Given the ever-growing sources of danger and increasing losses, video surveillance is an extremely valuable and economical means of improving the security of people, buildings, and valuables.

Samsung Electronics and Affiliates Agree to Sell Shares of Samsung Techwin to Hanwha Group

As published previously on SecurityHive, Samsung Electronics announced that it has entered into an agreement to sell its shares of Samsung Techwin to Hanwha Group. With the stock purchase, Hanwha Group will become Samsung Techwin?s largest shareholder. Samsung Techwin has achieved incredible growth globally in the professional security industry over the past several years.

What Does the Future Hold for Access Control as a Service?

How will the electronic access control industry embrace the cloud in the coming years? Will governments see the value in using commercial cloud resources? Will governments create standards and best practices to ease restrictions on cloud storage across borders? Will operational expenditure (opex) options open the door to more SMB adoption? With the cost per door coming down for access control solutions? Will the market opportunity for access control as a service (ACaaS) be negatively impacted?

Mobile Personal Emergency Response Systems (PERS) Driving Growth in US

Research Note: The North American PERS (Personal Emergency Response Systems) service market is forecast to grow from $700 million in 2014 to $1.5 billion in 2019. The main market drivers are a growing elderly population and the increased use of mPERS, according to a recently published report from IHS Inc.

Duchossois Group Acquires Controlled Products Systems Group

The Duchossois Group, Inc. (TDG) announced today that it has acquired Controlled Products Systems Group , Inc. (CPSG), headquartered in Denver, Colorado . CPSG is one of the largest wholesale distributor s of perimeter access control solutions in the US , and supplies equipment to authorized dealers from coast to coast, offering t he highest quality and most widely recognized brands of access control pro ducts available on the market. Terms of the acquisition were not disclosed.

Physical Security Information Management (PSIM) Software ? World ? 2014

The market for PSIM software remains in an early adopter stage, however, awareness for PSIM software has grown significantly since 2012. Many customers are asking what PSIM software can do for them, rather than what this software is. This increased awareness of PSIM software capabilities is expected to fuel growth over the coming years.