Archives
What is the Key to Rapid Evolution in Access Control Technologies?
November 30th, 2023Napco Security Business & FY 2023 Financials Examined
November 28th, 2023
Siemens Buildings Business & FY 2023 Financials Examined
In this Research Note, we examine the Buildings business of Siemens, which operates within the Smart Infrastructure (SI) division, based on their Q4 earnings release and investor presentations of 16th November 2023. This article focuses on the latest financial results, revenue mix, recent Building X software/Xcelerator platform announcements and the outlook for FY 2024. Siemens […]
Mapping Future Growth in the Video Surveillance Market
Growth in the global video surveillance market has been tempered in recent years due to the impacts of the pandemic, geopolitical tensions and supply shortages. Total global revenues reached an estimated $30.4 billion in 2022, representing 4.5% growth but significantly lower than the 11.7% growth seen during the 2021 post-pandemic period, according to our research. However, confidence remains high in the video surveillance market as innovation drives new opportunities around the world. Global Dynamics in the Video Surveillance Market China holds a 34.2% share of the $30.4 billion global video surveillance market, with domestic revenues of $10.4 billion. However, future expansion is projected to moderate to 5.3% annually through 2028 as China’s economy slows, reaching a market size of $14.2 billion by 2028. China’s GDP growth rate has slowed to just 3% in 2023 amid pandemic impacts and major real estate woes. After years of heavy investment, the video surveillance market is showing signs of […]
Securitas Technology Business and Financials Examined
Almost two years on from the announcement that STANLEY Security was to be acquired in December 2021, this Research Note examines the electronic security business of Securitas, rebranded as Securitas Technology, based on Securitas investor presentations, 2022 annual report and Q3-2023 interim report, 7th November 2023. This article highlights the strategy, financials and progress of the business in integrating the acquisition and repositioning the group as a technology-based supplier of integrated solutions in higher-growth markets. Securitas Technology, officially launched in March 2023, brings together two of the leaders in electronic security: Securitas Electronic Security and STANLEY Security. The announcement follows the completion of Securitas’ acquisition of STANLEY Security in July 2022. The business offers a full suite of video, access, intrusion, fire and integrated systems and services. Securitas Technology employs approximately 13,000 people across the globe, including more than 5,100 field technicians, and has a strong position in 18 markets globally, including Canada, France, Mexico, […]
AI + Memoori = AIM!
1998. The year I fell in love with a website! Walking into the lab of my university computer science department, I sat down at a workstation and typed in for the very first time a URL that would become a beloved companion. Google.com. It was immediately apparent that this was something different, something intriguing. The […]
Apleona Technical Facility Management Business Examined
In this Research Note, we examine Apleona, a leading German real estate technical services provider and facility manager, based on their recent activities, 2023 projected revenues, M&A strategy, and target markets. Based in Neu-Isenburg near Frankfurt am Main, Apleona successfully closed the merger with Gegenbauer, another German facility and real estate service provider as of July 3, 2023, creating a European industry leader with 40,000 employees in more than 30 countries and revenue of EUR 3.5 billion. Its core business is integrated facility management with a strong focus on technical building management and the markets of Germany, Austria and Switzerland. Apleona Web Site, October 2023 Apleona Investments In October 2023, Apleona completed a strategic investment in Eastway, an Irish specialist in data-driven, predictive maintenance and AI-based monitoring of assets in building operations. Founded in 2001 and headquartered in Limerick, Ireland, the technology specialist advises customers on condition-based and predictive maintenance solutions for critical assets such […]
Airthings Indoor Air Quality Business & Financials Examined
In this Research Note, we examine Airthings ASA, the Norwegian tech company focused on indoor air quality sensing. This analysis focuses on their 2022 financials and revised strategy for their commercial buildings offering, Airthings for Business, based on their Capital Market Day presentation, 26th October 2023. This article updates our previous article published in January 2023. Airthings offers indoor air quality and energy-efficiency solutions for homeowners, businesses, and professionals. Founded in 2008 and headquartered in Oslo, Norway, the company has 125 employees. Airthings Financial Results 2022 On 10th February 2023, Airthings reported overall revenue of USD 35.5 million for the full year 2022, up 5% from 2021. Airthings for Business amounted to USD 10.3 million for 2022 (+49%). Annual recurring revenue (ARR) increased 26% year-on-year to USD 3.6 million, of which Airthings for Business accounted for USD 2.5 million. Airthings Q4-2022 Presentation, 10 February 2023 Revised Strategy and 2023 Capital Markets Update The 2022 results […]
Next Page