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Avigilon CEO Alexander Fernandes Answers Six Tough Questions

The tough questions began at about six in the morning, eastern time, on May 7th, just a few hours after the announcement. What does this mean? Why now? Is there more to follow? The press release was from Vancouver’s Avigilon and the news was that its CFO, Brad Bardua was leaving the company for health […]

Louroe Electronics Participates In 2014 Trade Winds Mission – The Americas

Louroe Electronics, industry leader in audio security, announced their involvement in the 2014 Trade Winds: The Americas initiative, a business development conference and trade mission taking place in Central and South America from May 15 – May 23. The program allows American businesses to expand trade with their counterparts in Colombia, Panama, Chile, Ecuador, and […]

Global Airport Security Market Assessment 2012-2019

Research and Markets has announced the addition of the "Global Airport Security Market Assessment Update" report to their offering. Growth of airport infrastructure throughout the world and a shift towards technological security solutions as opposed to human intensive practices will drive the opportunity in the Airport Security Market over the next 10 years. The research […]

Video Surveillance Systems And Services Market Projected To Reach $36.28 Billion By 2018

Video Surveillance Systems and Services Market report provides a detailed analysis of the markets for all the components of a video surveillance system, such as video cameras, video analytics, storage, monitors, servers, and system management. The report "Video Surveillance Systems & Services Market- (Analog, IP), Components (Hardware [Cameras, Monitors, Storage], Software [Video Analytics, VMS], Service […]

ADT Secures Larger Canadian Market – Acquires Protectron

ADT Corp. is locking up a bigger piece of the Canadian security monitoring market, spending $555-million to buy Reliance Protectron Inc. to add 400,000 home and business customers. Protectron will remain based in Montreal and will keep operating under that name, while ADT’s existing Canadian operations will retain the ADT brand. Florida-based ADT said that […]

Avigilon Corp Receives “Outperform” Rating From BMO Capital Markets

Avigilon Corp (TSE:AVO) stock had its “outperform” rating restated by analysts at BMO Capital Markets in a research report issued to clients and investors on Monday, ARN reports. They currently have a C$35.00 target price on the stock, down from their previous target price of C$37.00. BMO Capital Markets’ price target indicates a potential upside […]

Facial Recognition Market – Global Research Report, Size, Share And Forecast, 2013-2019

Facial recognition technology as a biometric security measure has gained significant traction in recent years driven by growth in security measures around the globe which itself is propelled by rise in incidents of crime and terrorism. The components of facial recognition market include hardware, software, and services. Software utilized in this industry include modeling, database, […]

Biometrics Technology Market Worth $11Billion In 2015 Claims MarketsandMarkets

The ‘Global Biometrics Technology Market – Market Forecast by Products, End-User Application and Geography’, analyzes the biometrics market by different biometrics technologies and applications. It studies the major drivers, restraints, and opportunities in the regions. Geographic regions studied in this report include North America, Asia, Europe, and Rest of World (ROW). The biometrics market is […]

FLIR CEO Andy Teich Shares Major News And 2014 goals At Annual Press Dinner

Speaking at FLIR’s traditional press dinner at the ISC West Conference, CEO Andy Teich reported 2013 revenues of $1.5 billion, a $5.1 billion market cap, and a goal of becoming “the world’s sixth sense.” Recently re-segmented product and market targets, according to Teich, include Security, Surveillance, Instruments, OEM, along with Emerging Markets, Maritime, and CBRNE […]

Global Biometric System Market 2014-2024 – Competitive Landscape And Strategic Insights

Competitive Landscape and Strategic Insights report in the Global Biometric Systems market clearly identifies promising areas for future growth, both in terms of lucrative geographies and biometric systems. The analysis will provide you with identification of market drivers augmenting its provision of data on the current industry size and growth expectations to 2024. This report […]

The Future Of Biometric Technology

The future of biometric technology Biometric security such as fingerprint, face and voice recognition is set to hit the mainstream as global technology companies market the systems as convenient and easy to use, according to a prominent information security systems expert. ECU Adjunct Professor Steven Furnell says the use of biometrics is on the rise with the introduction of biometric technologies as standard in mainstream mobile phones. He says people are also more willing to submit their biometric data to personal devices such as mobiles and tablets than to desktops PCs and printers. Prof Furnell last month published an article in the journal Biometric Technology Today , which details new fingerprint recognition technology available on the home button of iPhones and Face Unlock for Android. He says both technologies can work very well—under the right conditions. "With the facial unlock, if you’re in a dark environment and the front-facing camera can’t pick up your facial image correctly then you can’t use the facial unlock to unlock the phone," Prof Furnell says. "With the fingerprint recognition, if it’s wet … then you’re not going to be able to get that phone to unlock particularly easily without drying everything off. "Similarly, if you’re wearing gloves, then again it won’t be able to detect your fingerprint and won’t unlock for you." Prof Furnell says both techniques also have security issues. "[The facial unlock] can be fooled, for example in earlier implementations, by just holding up a static photo of the legitimate user […]

Company Valuations For Systems Integrators: Recurring Revenue, Technology, Vertical Markets, Service, All Affect Value

Much has been written about how security dealers, with their profit-rich recurring monthly revenue (RMR), are valued in the marketplace, but the factors that go into valuating systems integration companies has been covered to a lesser extent. RMR — if any exists in the integrator business — certainly plays a role in determining value, but a distinction is made between RMR from monitoring and RMR from service. There are other similarities in how the two types of businesses are valued, such as service efficiencies and the composition of customer contracts. Differences exist in the type of technology the integrator offers and the vertical markets that comprise the client base. According to Bill Polk, managing director, CapitalSource, Chevy Chase, Md., the primary driver of valuations is the liquidity of capital markets. While the current economy has restrained the flow of capital to a degree, Polk believes low default rates characteristic of the security industry have and will continue to lead to rising valuations. “We’re in an environment where debt markets have come back,” Polk says. “The high-yield bond market has been extremely active over last 12 months and this is driving up value. Falling default rates, more competition and generally favorable economic reports are driving pricing down, which is making it cheaper to borrow.” Polk adds that in such a market, “the security industry has proven over the last 24 months a safe port in a storm.” Still, the availability of capital varies greatly for systems integrators ranging from the […]

Milestone Systems Appoints Country Manager In Japan

Erik Friis Mondorf – Country Manager Japan By Milestone NewsDesk on February 17, 2014 Milestone Systems, the open platform company in IP video management software (VMS), announces the appointment of Erik Friis Mondorf as the company’s Country Manager for Japan. Erik Friis Mondorf is a permanent resident of Japan after living there for 17 years and is a certified Japanese speaker. He has supported Milestone Systems since before the Danish company’s CEO Lars Thinggaard visited Japan to inaugurate the burgeoning partnership with JVC, who launched a Network Video Recorder (NVR) pre-installed with Milestone video management software. “With 127 million people, Japan is also one of the world’s largest markets for video surveillance equipment, in the company of China, the US, UK, Canada, Russia and Germany, according to market results for 2013. The IP video surveillance market growth in Japan is expected to be more than 20% per year over the next 3 years and we know that Erik Friis Mondorf is our man in Japan to help Milestone’s role in that journey,” states Eric Fullerton, Chief Sales & Marketing Officer for Milestone Systems. “Longer term, the 2020 Olympic Games to be held in Tokyo may drive some big projects, too, similar to what the security industry has experienced in the UK and Brazil with high-profile events of the same stature.” “Besides working closely with Milestone distributors and system resellers, I also have an important task supporting existing Manufacturer Alliance Partners (MAPs) such as Canon, JVC Kenwood, OPTEX, Panasonic, Sony […]

Status Of The CMOS Image Sensor Industry 2014

Status of the CMOS Image Sensor Industry 2014 – Product Image “A 10% CAGR is forecast for the CMOS image sensor market from 2013 – 2018” As major technology changes continue to reshape the industrial landscape, a 10% CAGR is forecast for the CMOS image sensor market from 2013 – 2018. The market will reach a total value of US$13B by 2018, driven by consumer and automotive applications. Many different applications are driving CMOS image sensor integration. It’s likely that the consumer market will benefit from new mobile technologies. As such, we foresee consumer applications (tablets, DSC etc.) to be the growth driver over the next five years (which is the opposite of the previous five years, which were driven exclusively by mobile applications). Moreover, after being dominated by CCD, DSC applications are now shifting towards CMOS. And while DSLR will be a substitution market, the next wave is likely to be automotive applications, which could become CIS’ third big market. Indeed, the CIS sensor market in automotive is showing steady growth, which is expected to continue in the coming years; possibly become CIS’ third-largest CIS market. Automotive also demands new technologies such as high dynamicrange sensors and near infra-red response, and will benefit (with appropriate optimization) from technology developments in the handset market. A shift from driving assistance applications to security-based applications may imply significant quality and reliability design improvements in the near future, possibly leading to traditional automotive product providers entering the market with more exuberance. Many […]