Physical Security Industry
Mapping the Strategic Direction of Allegion in the Smart Building & PropTech Space
December 8th, 2022dormakaba Access Solutions Business and 2022 Financials Examined
October 5th, 2022
Vitaprotech Physical Security Business and Financials Examined
In this Research Note, we examine Vitaprotech, the French group offering physical security solutions for sensitive sites. This analysis covers their subsidiary companies, strategic direction, ownership, acquisitions and revenue growth. Vitaprotech is the result of the 2014 merger of Sorhea, a specialist in perimeter intrusion detection for critical infrastructure and sensitive sites in France, and TIL Technologies, a […]

Chinese Video Surveillance Giants Report Strong Overseas Sales Growth in H1 2022
In this Research Note, we examine the half-year financial results, ending 30th June 2022 for the major Chinese video surveillance giants, Hikvision (Hangzhou Hikvision Digital Technology Co., Ltd.) and Dahua Technology (Zhejiang Dahua Technology Co. Ltd.) in the context of previous results, their overall strategies, growth and Memoori market analysis. This Note is based on company financial reports for the […]

Convergint Security Systems Integration Business and Financials Examined
In this Research Note, we examine Convergint, the North American security systems integrator. This analysis covers the firm’s turnover development, ownership, its target vertical markets and global expansion strategy beyond North America. Headquartered in Schaumberg, Illinois, Convergint is a leading systems integrator that designs, installs, and services electronic security, cybersecurity, fire and life safety, building automation, […]

Halma Fire & Security Business and 2022 Financials Examined
In this Research Note, we examine the fire and security business of Halma plc and the financial results for their Safety Sector, year ending 31 March, announced on 16th June 2022. This analysis is based on financial releases, investor presentations and the 2022 Annual Report. Halma is a group of around 45 life-saving technology companies with FY2022 revenue exceeding £1.5 […]

Alarm.com Connected Property Business and Financials Examined
In this Research Note, we examine Alarm.com, a US provider of physical security, intelligent automation and energy management solutions for the smart home and commercial real estate. This analysis is based on their 2021 and Q1-2022 financial results, 10K Report, investor presentations, M&A and diversification strategy. Alarm.com, founded in 2000, became a public company in June 2015 on Nasdaq under […]

Delta Building Automation Business and 2021 Financials Examined
In this Research Note, we examine Delta Electronics building automation business, based on their 2021 financial results, investor presentations, growth strategy and M&A. Delta Electronics is a Taiwanese manufacturer specializing in power and thermal management solutions. The group’s 2021 consolidated sales revenues were NT$314,671 million (USD 10.66 billion), an 11% increase as compared to 2020. The group has three reportable […]

Canon Video Surveillance Business 2021 Examined
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 […]

Exploring The SALTO Group Business and M&A Strategy
In this Research Note, we examine the SALTO Group business, based on their recent activities, M&A strategy and our analysis of their market positioning. Founded in 2001 and headquartered in Oiartzun, Spain, SALTO Group is a manufacturer of electronic locks and access control solutions. The Group consists of several companies including Salto Systems, Gantner, Conlan, danalock, Clay, and […]