Access Control
Securing the Security of the Global Physical Security Market
March 22nd, 2022Exploring The SALTO Group Business and M&A Strategy
March 18th, 2022ADT Commercial Fire and Security Business Examined
In this Research Note, we examine the ADT Commercial fire and security business, based on their 2021 Results, 1st March 2022 Investor Day presentation and strategy throughout 2021. ADT is the provider of security alarms and monitoring services for the smart home and small business sector in the United States. With revenues of $5.3 billion in 2021, ADT reports its […]
Exploring Motorola’s Acquisition of Ava Security & 2021 Financials
Motorola Solutions has added another company to its growing portfolio of Security brands, this time with the acquisition of Ava Security, a vendor of cloud video surveillance and analytics. Terms of the deal were not released at this stage, but in keeping with previous Motorola acquisitions, they will probably be released in a future financial […]
Carrier Building Automation and Fire & Security Businesses Examined
Carrier Global Corporation, established as an independent public company, following its spinoff from United Technologies Corp. in April 2020, is one of the top three global HVAC equipment manufacturers. In this Research Note, we examine two of its adjacent business areas – the Fire & Security and Building Automation businesses, based on Carrier’s 2021 10K Report, […]
Exploring iLoq Financials & the Mechatronic Lock Market
Broadly categorized, electronic access control systems, digital cylinders, and mechatronic locks are the leading technologies vying for a share of the immense market represented by the upgrading of traditional mechanical locks. In this research note, we explore the European vendor iLoq and mechatronic locks in general, which are locks that conform to one of the […]
Allegion Annual Report 2021 Examined
Spun off from Ingersoll Rand in 2013, , the NYSE listed Allegion group focuses specifically on security around the door and adjacent areas, offering a range of solutions under numerous brands for residential and commercial buildings around the world. In this research note we examine Allegion based on their 2021 10K Report, released last week, as well as Q4 […]
Honeywell Building Technologies Business 2021 Examined
In this Research Note, we examine the Building Technologies business of Honeywell, based on their 2021 10K Report, investor presentations and building technology-related activities throughout 2021. Honeywell Building Technologies (HBT) is the smallest of 4 reportable segments with $5.5 billion revenues in 2021, which represents just 16% of Honeywell’s diversified business areas across Aerospace, Performance Materials and […]
The Rise of Open Physical Security Interoperability
Integration of building systems has been a topic of continuous discussion for over 20 years. While numerous technology silos have been brought together through top-end proprietary software, none have had the variety, robustness, or price point to make a real impact on the mass market. In the physical security segment specifically, “integration” and “IT convergence” […]
The Security of Supply & Supply of Security
Despite almost two years of challenges and uncertainty posed by the COVID-19 pandemic, the global physical security market has demonstrated a remarkable degree of resilience. The pandemic is reshaping the industry, turbo-charging certain emerging business models, whilst it also continues to make our societies safer; not just from the pandemic but also from crime and […]