Access Control
ADT Commercial Fire & Security Business & Financials Examined
July 27th, 2023Convergint Security Systems Integration Business & Growth Strategy Examined
July 19th, 2023
Bosch Augments Security Systems Integration Business with Acquisition of Paladin Technologies
This Research Note explores the acquisition of Paladin Technologies by Bosch Building Technologies announced on 5th July 2023. With this transaction, Bosch plans to expand its building services offering in the U.S. and enter the systems integration market in Canada. Paladin Technologies, the largest Canadian security systems integrator, has over 1,500 associates and projected 2023 […]

RightCrowd Divests Physical Security Business and Repositions on Access Analytics
In this Research Note, we examine RightCrowd, an Australian public company providing workforce access, visitor management, presence control and access analytics. This analysis covers their latest financials, year ending 30 June 2022, based on the 2022 Annual Report, investor presentations and subsequent strategic repositioning. Founded in 2004, RightCrowd is a global provider of security, safety […]

‘Mobilizing’ Next-Gen Access Control in the Workplace
The use of mobile devices in the workplace has become a significant trend, accelerated by the global pandemic, and vendors of workplace apps are now seeing strong demand for applications that enable smarter, safer, and more secure workplaces, according to our latest research. Leveraging this trend, workplace apps are being developed to act as an […]

Hikvision Video Surveillance Business & 2022 Financials Examined
In this Research Note, we examine the Chinese video surveillance giant, Hikvision (Hangzhou Hikvision Digital Technology Co., Ltd) focusing on their 2022 financial results, based on their 2022 Annual Report and analyst reports. This article updates our previous analysis. Hikvision is the world’s largest manufacturer of video surveillance equipment. Established in 2001, the Company was […]

Senstar Critical Infrastructure Protection Business & 2022 Financials Examined
In this Research Note, we examine Senstar Technologies perimeter protection business, based on their 2022 20F financial report, earnings release, investor presentations, vertical market focus and strategy. This article updates our previous May 2022 analysis. Senstar Technologies Ltd, a listed company on the US Nasdaq global market, based in Ramat Gan, Israel, was established in […]

Why is SECOM Investing in Eagle Eye Networks & Brivo?
The physical security industry has developed a healthy funding environment in recent years with venture capitalists providing significant backing to security companies. But this month’s $192 million investment by Japanese security integrator SECOM, into video surveillance company Eagle Eye Networks and access control provider Brivo is somewhat of an outlier. In this research note, we […]

Salto Systems Access Control Business & 2022 Financials Examined
In this Research Note, we examine the Salto Systems business, based on their recent activities, 2022 revenues, M&A strategy, product innovation and target markets. This article updates our previous analysis of March 2022. Founded in 2001 and headquartered in Oiartzun, Spain, Salto Systems is a manufacturer of electronic locks and access control solutions. The group […]

Nordomatic Smart Buildings Business & 2022 Financials Examined
In this Research Note, we examine Nordomatic, the largest independent integrator of open, cloud-based smart building solutions in the Nordic region, based on their 2022 Sustainability & Financial Report, strategic acquisitions and reported goals. This article updates our previous analysis of June 2022. Founded in 1967 and headquartered in Stockholm, Sweden, Nordomatic AB reported 731 […]