In an effort to provide security professionals with the latest news and information through a variety of communication channels, The Monitoring Association (TMA) launched a weekly news brief that can be accessed quickly and easily every Wednesday — just ask your Amazon Alexa!
Presidio Investors, a private equity firm, announced a $75 million private equity investment that merges 15 independent smart-home design-build firms across the United States, creating Bravas LLC, an integrator of electronic lifestyle technologies into custom-built “intelligent spaces” where you live, work and play.
Interlogix, a provider of commercial and residential security, announced it will close its businesses in the U.S. and Canada after a “thorough portfolio review” of its security business.
American Alarm & Audio, a family owned and operated security company in Milton, Fla., has been acquired by Redwire, security specialists in Tallahassee, Fla. ranked No. 50 on the SDM 100 who reported $10,559,724 in revenue in 2018.
A Chicago Police Department (CPD) spokesperson said the department would soon announce a pilot program in which it will join forces with video doorbell maker Ring, potentially giving police access to thousands of residential cameras in Chicago, according to an article published by the Chicago Sun Times on September 18.
Vivint Smart Home Inc., a smart home technology company attempting to redefine the home experience through intelligently designed cloud-enabled solutions ranked No. 2 on the SDM 100, and Mosaic Acquisition Corp., a publicly traded special purpose acquisition company, have entered into a definitive agreement to merge Vivint with a subsidiary of Mosaic.
Transition Networks Inc., a provider of edge connectivity solutions, will showcase its Power-over-Ethernet Plus (PoE+) and Power-over-Ethernet Plus Plus (PoE++) switches for power and connectivity of smart city Internet of Things (IoT) and security and surveillance devices at the Global Security Exchange Show.
Support.com Inc., a provider of technical support solutions for businesses and consumers, and InstallerNet, a provider of professional installation service solutions for the connected home and automobile, announced the launch of a new end-to-end program designed to help companies deliver a better customer experience by getting the most out of their IoT devices both in the home and on the road.
The concept of ‘business intelligence’ is an evolving and growing one in the security industry; but one thing is certain: it presents a huge opportunity for security integrators and their end user customers.
Call it analytics, big data, business intelligence, machine learning, AI, or something else — these terms are not interchangeable, but in today’s security landscape they are often used to mean approximately the same thing: the idea that you can take traditional security technology (video, access control, intrusion, etc.) and expand its use to benefit the business side of whatever customer you are applying it to.