Genetec announced the launch of Operations Center, a cloud-based work management solution designed specifically for physical security operations. Available as part of Security Center SaaS, or as a standalone product, this new solution is specifically designed for security operations professionals and will revolutionize the way physical security teams collaborate, communicate, and manage their tasks.
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Axis Communications announced that the company has achieved the System and Organization Controls (SOC 2) Type 1 attestation for its cloud-based solutions, Axis Cloud Connect and AXIS Device Manager Extend. The audit, conducted by an independent third-party auditor, confirms that Axis has implemented robust cloud security controls and practices that meet the stringent criteria set forth by the American Institute of Certified Public Accountants (AICPA), which include data security, availability, confidentiality, processing integrity and privacy.
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i-PRO announced the establishment of a comprehensive AI governance framework. This initiative aims to ensure the responsible research, development, and utilization of AI technologies. Building on the Ethical Principles for AI published by i-PRO in December 2023, the company has taken further steps by launching the i-PRO AI Ethics Committee in June 2024.
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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 […]
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Specifi announced a new integration with Nice North America, a subsidiary of Nice that deliver seamless and easy-to-install technology for smart home control, security and automation, perimeter access, protection and control, sunshade solutions, power management, and whole home entertainment. The new collaboration, which follows recent successful integrations with leading brands including Snap One and Masimo Consumer […]
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For years, the worlds of physical security and information technology (IT) remained separate and often at cross-purposes. Even though computer infrastructure and data needs were becoming more important in the security industry, and video surveillance network traffic and access control data were becoming more interesting to IT professionals, the departments often worked in silos. Today, these practices can no longer be divided. Physical security depends on network security, and vice versa.
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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.
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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.
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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.
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Every business owner should have a general idea of the worth of their own business as it is good practice to keep the pulse of what is transacting in our industry. Fortunately, our data shows that over the past two years, businesses that sold based on their EBITDA (Earnings Before Interest Taxes Depreciation and Amortization) value generally transacted in the 4X-9X multiple range. What do those numbers mean for you? Should the data set your expectations?
Well, it depends…
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.
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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.
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Alfred International announces the U.S. launch of the Alfred DB2S with built-in RFID card reader and Z-Wave Long Range (ZWLR) in the U.S. market. This state-of-the-art device marks a significant advancement in home security technology, offering unparalleled connectivity and extended coverage to ensure home access is convenient and more secure than ever before. The Alfred DB2S Smart Lock boasts a built-in RFID card reader, capable of recognizing up to 250 unique RFID cards.
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Sentinel Consulting announced the launch of its new service offering: Security Standards. This dedicated program helps clients develop robust standards for the lifecycle management of security technology, thereby reducing costs, increasing efficiency, and avoiding litigation. Security Standards create a roadmap for companies to follow as they implement, maintain, and update technology-driven security solutions. They play […]
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A years-old high-severity flaw impacting AVTECH IP cameras has been weaponized by malicious actors as a zero-day to rope them into a botnet. CVE-2024-7029 (CVSS score: 8.7), the vulnerability in question, is a “command injection vulnerability found in the brightness function of AVTECH closed-circuit television (CCTV) cameras that allows for remote code execution (RCE),” Akamai researchers Kyle Lefton, Larry Cashdollar, and Aline Eliovich stated.
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Level Home announced the release of professional installer editions of its industry-leading, award-winning smart locks, Level Bolt and Level Lock+ including new Zigbee native configuration options. Curated for the professional install market, Level Bolt Pro Pack and Level Lock+ Pro Pack offer special add-ons and integration opportunities for installers to offer their customers the convenience of smart home technology while maintaining the design aesthetic of their homes.
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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.
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Salto Announcing IQ Mini Gateway, the smallest-ever BLUEnet Wireless peripheral, which is now available in an even smaller device. The Salto IQ Mini combines the best of Salto hardware and software capabilities into a small and versatile design. With advanced BLUEnet wireless technology, it meets the demands of modern cloud-based access control applications.
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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.
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