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In this Research Note, we examine the Canon video surveillance businesses, incorporating Canon and Axis Communications hardware, Milestone video management software, Arcules cloud services and BriefCam video analytics software. This analysis is based on the parent company investor presentations, corporate strategy conference 7th March 2022 and Axis 2021 Annual Review and Sustainability Report. Canon video surveillance businesses are reported under the network cameras line of business in the Imaging Business Unit. In 2021 Canon achieved 13.8% sales growth in Network Cameras & Others line of business with 2021 net sales of 220.4 billion yen (around $1.8 billion) versus 193.6 billion yen (around $1.58 billion) in 2020. In 2021 the network camera market moved closer to its original growth path as the economy normalized. And in 2022 Canon expects the market to continue growing as component shortages gradually ease, and also due to the growing diversity in the way network cameras are being used, from surveillance to marketing, and process control in factories. As […]
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Several smart building startups will trial energy efficiency, HVAC optimization, and energy storage technology across Amazon fulfillment centers and warehouses in Europe after winning funding in this year’s Amazon Sustainability Accelerator (ASA). The 2024 ClimateTech Pilot Challenge has welcomed startups that have moved beyond prototype testing and are working towards generating initial revenue and growing […]
This Research Note examines what’s behind the acquisition of Danfoss Fire Safety A/S by Siemens Smart Infrastructure announced on 8th October 2024. We review the transaction details, the strategic rationale, the SEM-SAFE fire protection system, and deployments before assessing how this acquisition fits into Siemens fire safety portfolio. Transaction Details Siemens Smart Infrastructure has agreed […]
In today’s complex commercial real estate landscape, energy management has become a critical focus for asset managers, property managers, and facilities managers. As urbanization accelerates, energy demand grows, and the energy market becomes more volatile, optimizing energy use is no longer just about lowering costs, it has become a key factor in achieving sustainability, resource […]
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