Mergers & Acquisitions - Expert commentary

Security manufacturers throw around the term “scalable” a lot these days, but few dive into what scalable really means for modern organisations and their security programs. Achieving true scalability, or as I like to refer to as “expandable with a purpose,” takes planning and coordination from security pioneers alongside the broader organisation. Implementing a flexible strategy is critically important in the age of advancing analytics and intelligence-driven technology....

In the realm of physical security, the distinction between being perceived as a security vendor and a security partner holds great importance. While both may seem interchangeable at first glance, how an organisation is viewed by its clients can have a huge impact on the success of its security programmes. At the heart of this differentiation is the concept of relationships and how they shape the dynamics between providers and their clients.  Time, care, and diligence For security vendors...

Amidst the challenges of a prevailing economic downturn, the retail sector finds itself grappling with an unparalleled rise in incidents of shoplifting, theft, and burglaries. The disconcerting scenes witnessed on London’s Oxford Street in August 2023,​ where crowds gathered, looting as many stores as possible, sent shockwaves across the nation’s retailers. This alarming surge in retail crime has put retailers on high alert, as they contend with a rising tide of security concer...

The average business owner or investor has some kind of security precaution in place, especially in the after-hours when there are fewer deterrents to inhibit criminal activity. Security guards, video surveillance systems, motion sensor lights, or even just fake cameras placed around the property are some of the common options people choose.  Future of overnight security Smart business owners are starting to realise, however, that some of these traditional security measures are becoming...

It’s no secret that the data security sector is constantly changing. It has an annual CGR of about 12.3%. Future trends in data security Much of this has to do with the rise of cybercrime in recent years, with reports showing that cyberattacks happen as often as every 39 seconds. To combat the growing rate of cybercrime, data security has been on the rise. As we journey further into this era, it becomes evident that a spectrum of significant trends is molding the future of data se...

GSX 2023 marks a poignant moment for the security industry as an increasingly complex risk landscape converges with the acceleration of technology innovation. Emerging from this environment are three key trends that will dominate the conference and the future of the security industry: (i) the adoption of AI, (ii) the use of predictive analytics, and (iii) a hybrid global and local risk management approach. As Chief Security Officer of Crisis24, a GardaWorld company, I regularly advise cli...

Physical security is essential for a modern production facility, users don’t want just anyone entering the building or accessing secure areas. But what about production machinery? Machine authentication is often a missing link in the security plan for manufacturers. Why machine authentication?  Most manufacturers have made significant investments in physical access control (PAC) for production facilities. Few shops currently hand out physical keys to employees or leave the building...

Mass attacks continue to lead the news far too often. All are horrific and disturbing, but the heartbreaking tragedies that have unfolded on school campuses touch us the deepest and have the most profound effects on our communities. NTAC statistics According to a January 2023 report from the United States Secret Service National Threat Assessment Center (NTAC), K-12 events accounted for 6% of all mass attacks in public and semi-public spaces between 2016 and 2020. 6% may strike some as being...

Open platform video technology software is more than just a product; it's a tool that helps customers achieve their desired business outcomes. Safety, round-the-clock security, and increased operational efficiencies are now the norm due to video technology. Responsible Technology Despite humanity’s impressive technological advances, we also recognise the immense responsibility that comes with technological innovation. It's not enough to focus solely on the positive impact video technol...

There’s been a long history of people thinking of “gates, guards, and guns” when referring to physical security. And for a long time, this was the norm. When analogue cameras required significant amounts of wiring and a dedicated guard to watch said feeds (think about any action movie from the 90s), the assumption was that security was protecting assets, but had little to do with the overall business.  Defining security with recent advancements Fast forward to more rec...

We work with and buy from “middlemen” all the time, yet the term remains loaded with negative connotations. It’s telling that the term remains gendered, no one has tried very hard to normalise the term “middleperson” in the same way as “chairperson” or “police officer.” Why? It’s easy to see a middleman as an inconvenience, someone who skims profit off the top while offering no real value to the end customer. Think of the second-hand c...

Inadequate security measures on your essential infrastructure can have severe consequences.  Consequences  Consider the rail industry: If a vandal cuts the cables on a vital mechanism that controls train signals, train safety is jeopardised. To avoid train collisions or derailments and thus significant damage to property and potential loss of life, the operating company must shut down the service until the infrastructure is repaired and the network is up and running again. The disru...

The security industry is going increasingly digital these days, with more small- and medium-sized businesses joining their global brethren by moving their data to the cloud, leveraging the benefits of artificial intelligence, and embracing more open solutions. Innovation is expected to continue at a rapid pace, thanks in part to the residual effects of the pandemic which has driven changes that might have otherwise taken five years or a decade or more to get into customers’ hands on a glo...

Dr. Henrik Siegle has been the CTO at Bosch Building Technologies since November 2021. In this interview, he speaks about the megatrends of energy efficiency and sustainability, and about new developments in the building technology sector. Dr. Siegle, the building industry is currently facing major challenges in the form of climate change and energy shortages. How is Bosch Building Technologies dealing with these challenges? Dr. Henrik Siegle: Energy efficiency and sustainability have long...

Residential burglaries and break-ins are a problem for many homeowners. The FBI estimates there were approximately 1,117,696 burglaries in 2019 in the United States, which accounted for 16.1% of property crimes. Having proper home security can not only protect your home and belongings, but it can also keep your family safe. Even if you’re new to the idea of having and using smart home security devices, it’s easy to get started. This guide will provide the information and actionable...

Nowadays the Internet of Things has become an integral part of business around the world. The enhanced functionality made possible by the Internet of Things (IoT) and associated technologies are responsible for many of the major changes seen across society today. Video surveillance Video surveillance is one area that experiences substantial evolution driven by IoT technology. The intelligent monitors and sensors of the IoT combined with emerging high-speed network solutions promise to improve...

The growing mobile ownership rate, the emergence of more user-friendly banking apps, the tech-native younger generation, and, of late, the pandemic-induced shift to online, all create a fertile ground for mobile banking. Unfortunately, the acceleration of banking app adoption today goes hand in hand with the increase of targeted security threats. In 2022, a month wouldn’t go by without a headline-making mobile banking attack or incident that resulted in stolen funds and sensitive personal...

It’s clear that despite recent layoffs in the tech industry and general unease about the economy, there are still significant gaps in the number of jobs available and the amount of workers available to fill them. According to the Labour Department, there are 5.5 million more job openings than workers available. The physical security industry is not immune to these shortages. Last fall, Allied Universal reported being unable to fill thousands of open roles nationally while other smaller s...

The smartphone is an integral part of our daily routines. The communication and entertainment device of yesteryear has become a serious player with which we increasingly handle sensitive processes, such as payment transactions. BLE or NFC authentication At the supermarket checkout, more and more customers are pulling out their smartphones instead of their wallets. Apple Pay, Google Pay, or specific banking apps make it possible: to hold the smartphone in front of the reader of the checkout sys...

Although video camera technology has been around since the early 1900s, it was not until the 1980s that video started to gain traction for security and surveillance applications. The pictures generated by these initial black and white tube cameras were grainy at best, with early colour cameras providing a wonderful new source of visual data for better identification accuracy. But by today’s standards, these cameras produced images that were about as advanced as crayons and coloring books....

Nowadays to save costs by making full use of old devices while upgrading the old security projects, many integrators or installers prefer to use video management software to manage multiple brands of video devices (such as IP cameras, and NVR), instead of only one single brand. So that they could have more flexible choices to earn profits while saving costs. Multi-brands video device management On other hand, with market segmentation and specialisation, instead of managing the video by themsel...

The banking market continues to evolve through the growing use of digital and mobile devices, as more branch operations aim to enhance convenience and service for the customer. These advancements also create more significant opportunities for fraud and loss. Together, these two trends come full circle: Increasingly sophisticated fraud techniques require organisations to pursue new approaches to preventing and detecting such activities. Digital transformation But before we lead down that path,...

One of the biggest security trends in the last two years has been the adoption of cloud-based services, spearheaded mainly by an increasing number of video surveillance-as-a-service (VSaaS) offerings. VSaaS market value According to MarketsandMarkets Research, the global VSaaS market value is expected to reach $6.2 billion by 2026. This growth is propelled by demand for remote access video services, less local hardware to maintain, new internet-enabled devices, and a lower total cost of owners...

For the second year in a row, Canon made the biggest M&A move in the security marketplace in 2015. How could Canon top the industry shockwaves it created in 2014 when the Japanese giant acquired VMS company Milestone Systems? That’s easy: They bought Axis Communications for $2.8 billion in 2015.   Although the Canon-Axis deal grabbed the most headlines and was easily the most shocking M&A announcement of 2015, it was certainly not the only big news on the mergers...

Recent news of Canon’s $2.83 billion cash bid for network surveillance leader Axis Communications came as a surprise to some, but many could easily digest the move as more consolidation of the marketplace, especially the crowded video surveillance space. Systems integrators weighed in on what they expect and the long-term outlook for IP camera leader Axis and Canon, a Japanese firm predominate in broadcast, optics and consumer electronics. Joe Liguori, a partner at Access Co...