Research Nester, a market analysis organization, released a report, “IT Managed Services Market: Global Demand Analysis & Opportunity Outlook 2023,” which revealed that increasing demand for CCTV and video surveillance systems is expected to be the main driver in in the growth of the global electronic security market.
PSA has expanded its Cybersecurity Solutions Providers through the inclusion of TechMIS, an end-to-end cybersecurity company. TechMIS has provided cyber services to U.S. Department of Defense clients and brings that expertise to commercial clients, PSA described in a press release.
Loudoun County, Va., becomes the latest municipality to go live with Automated Secure Alarm Protocol (ASAP), a technology that automates communication between alarm monitoring central stations and 911 centers, resulting in improved accuracy and speed of emergency response.
Gillmore Security Systems Inc., ranked No. 73 on the SDM 100, has acquired Buckeye Electronics & Security Technology (B.E.S.T.) of Kirtland, Ohio, its fifth acquisition this year.
Clinton Township, Michigan’s most populated township, enacted a local ordinance requiring banks, liquor stores, firearm dealers and coin dealers to install video surveillance systems, according to an article in the Macomb Daily.
Alarm.com announced the PowerUp Conference, an intensive multi-day training program exclusively for Alarm.com’s service provider partners, is scheduled for November 14-16, 2017, in Dallas.
Hikvision Corporate recently announced a $1.49 billion investment plan to construct four new R&D centers and two new industrial bases to expand surveillance equipment manufacturing and general R&D in various Chinese cities.
Best Buy, which announced a strategic partnership with Vivint Smart Home in May, has announced it will be expanding its smart home offerings by the end of October 2017.
Honeywell announced the results of its comprehensive portfolio review, including its intention to separately spin off its Homes product portfolio and ADI global distribution business, as well as its Transportation Systems business, into two stand-alone, publicly-traded companies.