Physical Security
Synectics 2024 Financial Results Delivered 56.8% Profit Growth
April 14th, 2025Milestone Systems Acquires brighter AI to Enhance Video Anonymization
April 8th, 2025
Mobotix Acquired: Can Certina Reverse 21% Revenue Slump?
This Research Note examines the recent acquisition of German video surveillance manufacturer Mobotix AG by private equity firm Certina Group, which has taken over the 65% stake in the company from the Japanese Konica Minolta Group. This article updates our previous coverage of the repositioning strategy of Mobotix in 2022 and 2024. Transaction Details On […]

Allegion’s Strategic Direction Revealed: Access Control Digital Transformation 2025
In this Research Note, we examine Allegion’s progress in the digital transformation of its access control business in 2024, before assessing its strategic direction in recent years. Our research is based on Allegion’s 2024 full-year results, 18th February 2025, and acquisitions, strategic partnerships, and investment activity since 2020. We previously mapped their strategic direction in […]

IoT Deployments: Essential Strategies for Balancing CapEx vs OpEx Costs in 2025
“IoT deployments in smart commercial buildings continue to gain momentum, driven by regulatory compliance, energy efficiency mandates, and the push for enhanced operational performance,” explains our latest smart building research. “Organizations are investing in IoT hardware to optimize building functions, improve tenant experiences, and lower long-term costs. However, implementation costs remain a critical consideration.” IoT […]

Indian Innovation: 11 Smart Building Startups Gaining Traction
In this Research Note, we examine the smart building startup market in India. This analysis is part of our Startups in Smart Buildings Report, published in January 2025 in which we examined 30 APAC startups gaining traction. We assess the venture capital fundraising market in India, before highlighting 11 startups founded in India in the […]

Alarm.com Strategic Expansion: 25% Growth in Commercial & Energy
In this Research Note, we examine Alarm.com, a U.S. provider of physical security, intelligent automation, and energy management solutions for smart homes and commercial real estate. This analysis highlights the growth strategy of the commercial security, international and venture businesses. It is based on Alarm.com’s Q4 Earnings call, 20th February 2025, investor presentations, 2024 10K […]

Motorola Solutions Video Security Business & 2024 Financials Examined
In this Research Note, we examine Motorola Solutions’ Video & Access Control business in the past year, based on their full-year 2024 financial results, earnings call and Q&A, 13th February 2025, an Investor Overview, January 2025, and their 2024 10K Report. We also review acquisitions completed in 2024 by the Video Security and Command Center […]

#Podcast 36: How a UK Electronics Vendor Grew Export Sales to Over 40%!
How did a UK electronics vendor successfully expand globally, compete against industry giants, and grow exports to over 40% of their business? In this podcast episode, John Davies, former Managing Director of TDSi, reveals some strategies that transformed a regional Access Control vendor into an international player. In our Podcast series “Sh*t You Wish Your […]

ButterflyMX Video Intercom & Access Control Business Examined
This Research Note examines ButterflyMX, a New York City-based video intercom and access control systems provider founded in 2014. We highlight their product suite, external funding, deployments, acquisitions, and growth before providing our view of the company. ButterflyMX Product Suite ButterflyMX launched its smartphone-powered Video Intercom in 2014. Since then, ButterflyMX has scaled its product […]