Trends & Industry Issues

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Hours after the Federal Trade Commission (FTC) waiting period for the merging of Alarm.com and two units of Icontrol Networks ended, Honeywell filed suit on February 22, 2017 against Alarm.com and Icontrol for an alleged violation of antitrust laws.

Honeywell has appointed Michael Flink president of its global security and fire business in Honeywell Home and Building Technologies. He will report to Terrence Hahn in his new role. Flink, who most recently served as ADI’s global president, replaces David Paja, who has left for a position outside Honeywell. Rob Aarnes, who most recently led ADI’s North America operations, has been appointed president of ADI Global.

The Partnership for Priority Verified Alarm Response (PPVAR) announced that Tyco, a part of Johnson Controls, has joined the organization as a full industry member. With the addition of Tyco, as well as ADT in September, and long-time industry member STANLEY Security, PPVAR now has the three largest companies in the electronic security sector as part of its 77-member roster. 

Johnson Controls and Booz Allen Hamilton, a management and technology consulting and engineering firm, jointly published a new whitepaper that provides a roadmap for building managers, building owners, contractors and others to act to protect their information.

ScanSource Inc., a global provider of technology products and solutions, has been named to Fortune magazine’s 2017 list of World’s Most Admired Companies. The annual survey is given to top executives, directors and financial analysts, to identify the companies with the strongest reputations within their industries and across industries. 

Rave Mobile Safety, provider of critical communication and data platform solutions, announced that the U.S. Department of Homeland Security (DHS) has formally recognized Rave Alert, Smart911 (the Rave 911 Suite) and Rave Panic Button as qualified anti-terrorism technologies through the award of both SAFETY Act Designation and SAFETY Act Certification. Through this award, key components of the Rave Platform are now on the DHS SAFETY Act’s Approved Technologies list.

NTT Security issued its quarterly Threat Intelligence Report, which underscores the need for more advanced tools to protect organizations’ data and networks from the evolving tactics, techniques and procedures used by cyberattackers. A topic of considerable public attention is the ability to determine the source of cyberattacks to determine their credibility and motivation.
 

Hikvision USA Inc. and Hikvision Canada Inc., North American providers of video surveillance products and solutions, announced that Hikvision plans to establish an R&D center in Montreal and a research institute in California’s Silicon Valley.

According to the IHS Markit Physical Security Equipment and Services report of September 2016, the global access control market is positioned to grow from $3.69 billion in 2015 to $5.16 billion in 2020.