Physical Security Industry
Customers Find Security in the Cloud During COVID
January 20th, 2022Blurring the Lines Between Physical Security & Smart Building Technology
January 6th, 2022Securitas Expands Electronic Security Footprint with Acquisition of Stanley Security
Securitas, the global security services business comprising guarding, electronic security, fire and life safety solutions, has announced a “transformative acquisition” of Stanley Security, the electronic security solutions business of Stanley Black & Decker, making this their largest acquisition to date. Stanley Security is a provider of electronic security solutions with operations in 12 markets globally and with approximately […]
The Global Physical Security Market Shows Resilience During the Pandemic
Over 18 months into the COVID-19 pandemic, and the global physical security market has demonstrated a remarkable degree of resilience, outperforming some other global technology markets and indeed beating our best-case scenario projection from last year. The pandemic is helping to reshape the physical security industry, turbo-charging certain emerging business models, whilst it also continues […]
Motorola Solutions Purchases Envysion, their 5th Acquisition in Video & Access Control
Motorola Solutions continues its strategy of investing in its video surveillance and analytics business with the purchase of Envysion, a US physical security provider for the retail sector, for $124 million net of cash on 2nd November. Envysion’s loss prevention offering for quick-service restaurants, convenience, and specialty stores is a cloud-based solution. It integrates video systems […]
Podcast #8: 25 Years of Internet of Things Innovation!
In this new Podcast series, Memoori explores the intersection between technology and commercial real estate through interesting conversations. 25 Years of Internet of Things Innovation! In episode #8 we talked to Axis Communications Co-Founder Martin Gren discussing 25 years of #IoT innovation, starting with the launch of the first IP Network Video Surveillance Camera back […]
The Intelligent, Low-Power, High-Resolution Future of Video Surveillance
“We are now entering a new epoch in the video surveillance business driven by Artificial Intelligence (AI),” reads our latest physical security report, highlighting the huge changes we have been seeing in the industry in recent years. Video surveillance has been around for decades but we are now seeing it’s true emergence into the ‘smart’ and […]
Improved Business Results for dormakaba in a Demanding Environment
dormakaba Group, one of the top three companies in the global access solutions market, finished FY 2020/21 (year ending 30 June 2021) with good business results that marked an improvement on the previous year. Overall, consolidated net sales amounted to CHF 2,499.7 million (the previous year CHF 2,539.8 million), a decline of 1.6% (CHF 40.1 million). The company recorded organic sales […]
The Best Opportunities for Physical Security Business Growth over the Next 3 Years
Our world report on the Physical Security Business 2020 -2025 shows that the industry in the last two years has faced serious challenges, none more so than the COVID-19 pandemic, but it has proved to be robust and will return to significant growth by 2025. Major manufacturers will continue to increase their share of […]
New EU Regulations Could Become the Global Standard for AI Development
“Artificial Intelligence (AI) is a means, not an end. It has been around for decades but has reached new capacities fueled by computing power. This offers immense potential in areas as diverse as health, transport, energy, agriculture, tourism or cyber security. It also presents a number of risks,” said Thierry Breton, the EU’s internal market […]