Trends & Industry Issues

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Wherever you turn today — whether as a consumer, employee, bank patron or business owner — it is almost impossible to avoid using an “app.” You can pay on your phone using an app, deposit a check, play Candy Crush or Words with Friends, purchase items from Amazon and watch videos, to name just a tiny fraction of the more than two million apps available on either Android or iPhone.

Raising outside funding can give security dealers the boost they need to bring on new accounts, thereby generating escalating recurring monthly revenue.

Integrators and manufacturers who execute security projects in sporting venues have an award for the work they do — the Golden Eagle Award.

Vector Security, Inc., Ranked No. 8 on the SDM Top Systems Integrators Report, has acquired Guardian Force Security Services, a provider of professional security services in southeast and east Texas, with locations in Nederland and Lufkin.

ESA recently announced the passing of Joseph F. Duncan Sr. (Joe). Duncan died at Hope Hospice on May 3, 2017.

LVC announced it has rebranded and changed its logo to reflect its expanded range of capabilities and expertise.
 

Nest Labs Inc. announced the Nest Cam IQ indoor security camera, which can differentiate between animals and people and track movement while sending alerts about who is in the house.

Convergint Technologies, a global provider of service-based systems integration and ranked No. 2 on the SDM Top Systems Integrator Report, has acquired Miami-based Integrated Security Systems (ISS), making this the 10th company added to the Convergint family in the past 18 months.

As facial recognition technology continues to increase in popularity, a rising trend is programming them to recognize emotions, age, gender and criminal tendencies, according to an article in Vocative, a media outlet that says it monitors the Deep Web to reveal hidden voices, emerging trends and surprising data.

The security industry looks to the SDM 100 — a group of the 100 largest security companies ranked by their recurring monthly revenue (RMR) — as a wellspring of industry trends and operational best practices.