Security

Amazon Underlines Ambitions to Dominate the Smart Home with Latest Acquisition

In 2013, during episode nine in the fifth season of entrepreneurial reality TV series Shark Tank (a show like Dragon’s Den for our UK readers), James Siminoff pitched his smart doorbell invention ‘DoorBot’ to the show’s panel of experienced investors. During the pitch, Siminoff sought a $700,000 investment for a 10% stake in DoorBot, valuing the company at $7 million. The idea was wholly rejected and Siminoff left empty handed to pursue his ambitions alone. Five years on and Siminoff’s firm, now called Ring, was acquired by Amazon this week for an estimated $1 billion or more. “Instead of being worth $7 million, this company could be worth $80-90 million, but i just don’t see that progression,” said “shark” Mark Cuban, owner of the National Basketball Association's Dallas Mavericks, co-owner of 2929 Entertainment and chairman of AXS TV, as he declined the investment. This is not an article about how badly the Sharks assessed this […]

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US-China Trade War Continues To Polarize the Physical Security Market

The Physical Security industry has found itself on the frontline of the US-China trade ‘war’ and its involvement could have significant implications for its future and the future of the wider smart buildings and cities technology markets. “In recent years US-China geopolitical tensions within the physical security industry have escalated,” reports our latest security research. […]

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Global Physical Security Market Resilient in the Face of Challenging Trade Conditions

Our new research report shows that the global market for physical security products (Access Control, Video Surveillance, Intruder Alarm & Perimeter Protection) has demonstrated both resilience and adaptability in the face of growing geopolitical tensions and looming economic recession. Trade tensions between China and the US have seen a series of legislative moves that have […]

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