Until recently interactive services may have seemed like a novelty or a fad, but that is all changing, as the market trends toward remote services and interaction.
What is really driving this boom is the way these products and networks are starting to play together, allowing people to add what they want with whatever system they already have and control everything with one app.
Technology changes, major shifts in the market and evolving customer expectations bring a wealth of opportunity the commercial and residential security markets.
Securitas, No. 4 on SDM’s Top Systems Integrators Report, has agreed to acquire the division Kratos Public Safety and Security, No. 5 on the Top Systems Integrators Report, from Kratos Defense & Security Solutions Inc. The purchase price is approximately $69 million on a cash and debt-free basis. The acquisition is expected to be neutral to Securitas earnings per share in 2018 and 2019, and accretive as of 2020.
The overwhelming consensus among security professionals interviewed for this first in SDM’s 2018 series of State of the Market articles, is that the video surveillance market remains strong and will continue to grow.
Increased incidents of package theft open the door to tremendous residential video opportunities for dealers who properly promote and position these systems.
According to August Home’s Package Theft Report, 11 million people had a package stolen from their home in 2016, with the likelihood of theft increasing 81 percent during the holiday season.
Roller skates, beds, autonomous flying cars, smart clothing, robots, aromatherapy, flexible video screens, wireless everything, drones, artificial intelligence (AI), toys, analytics, smart cities, and anything tech were alive and well at CES 2018 with over 2.75 million square feet of exhibits and 1,000-plus presenters. Other surprises included a flood on opening day of the show— after 190 days of no rain in Las Vegas — and a two-hour power outage at the convention center on day two.
Security integrators share which vertical markets are producing access control work for them and why, plus tips on working effectively with these clients.
SDM spoke with three prominent security integrators to get further input on trends, drivers and technology in access control, as well as advice for others.