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With the recent news headlines about store closures and the collapse of well-known chains, alongside clear adjustments in business strategy amongst established high street favorites, there is no denying that the UK retail industry is under huge pressure. A recent report suggests growing issues are leading some retailers to increase risk-taking in the supply chain. But here, Steve Bumphrey, Traka UK Sales Director, looks at ways to help retailers embrace the storm, including paying attention to security, management processes and efficient customer focus. Challenges plaguing retail industry It’s been an awful year to date for UK retail if you believe the cacophony of negative headlines about the health of the UK economy and the confidence levels of the UK consumer. The sector is facing huge challenges in dealing with the evolution in on-line and smart mobile retailing The sector is undoubtedly facing huge challenges in dealing with the evolution in on-line and smart mobile retailing. Further concerns include an unwillingness of policymakers to address the changing retail environment and how business rates and general business taxation and regulation is making a difficult situation worse. Supply Chain Risk Report According to the latest Global Supply Chain Risk Report, published by Cranfield School of Management and Dan & Badstreet, those under pressure, are now facing increased exposure to risk if they are forced to cut costs in their supply chain. The report cites data for the retail sector that shows increased levels of risk-taking since Q4 2018, with retailers reporting high levels of dependency on suppliers and indicating a propensity to off-shore to low-cost, high-risk countries where suppliers are more likely to be financially unstable. In-Store technology revolution The underlying evolution of technology taking hold of the retail industry and consequential changing consumer behavior is what is really forcing the industry to step up and act. This is not only in the shift to online and smart mobile purchases, but also with the increased use of technology in store. Self-scanning and checkouts In a bid to enhance the physical shop experience, especially in supermarket outlets across the UK, retailers are increasingly giving customers autonomy with self-scanners and checkouts and need to be able to trust them to ensure an honest transaction. And for the shoppers, this dependency on technology and not human interaction to complete a shop means scanners must be instantly available and ready for use. Many different underlying competing challenges impact the retail industry Compensators At the recent British Retail Consortium’s ‘Charting the Future’ conference, looking at retail crime and security, Dr Emmeline Taylor, a criminologist at the City University of London identified in self -service shops, several new types of ‘offenders’ such as so-called ‘compensators’ including the atypical ‘frustrated consumer’ who, “fully intended to pay but were unable to scan an item properly”, adding to the security challenge. There are clearly many different underlying competing challenges impacting the retail industry. Arguably, the increase in technology and autonomous shopping, where less staff are present (or staff cuts planned) throws up more vulnerabilities, such as the opportunity for store theft. Use of body cameras Staff needs emerging technology such as body cameras to act as a deterrent to crime and keep employees safe Furthermore, staff may need greater use of emerging technology such as body cameras to act as a deterrent to crime and help keep employees safe. In essence, prevention is better than cure, and it’s certainly cheaper. Whether combating crime physically or online, or looking to find ways to counter the high street trends, working together, sharing information and taking a more holistic approach will help the development of a shared language between retailers. Retail Banking It is also here where common approaches can help to deliver on efficiencies, in time, resource and budget that can serve to operate right through the supply chain, and minimize, or even negate the need to take any risks. It can even serve to enhance the customer experience, increasing confidence in the shopping environment. Of course, when discussing the high street, it is not just the department stores and chains that are feeling the impact. Well known banks are also having to redefine their priorities and role on the high street, with customers (especially younger generations) demanding a more efficient service than ever before. Well known banks are also having to redefine their priorities and role on the high street Asset protection Leading the way is Nationwide, globally renowned building society, which prides itself on being one of the largest savings providers and mortgages provider in the UK, promoting itself as running purely for the benefit of its customers, or ‘members.’ Richard Newland, Director of Branch & Workplace Transformation at Nationwide said, “Even more than getting a good ‘deal’ from a building society, the quality of our welcome, or our renowned level of service, we make sure our members feel safe with us, enough to trust us with their greatest assets. We are doing everything we can to evolve our business and focus our efforts on providing the best and most secure services that people value.” Key management systems Traka has supported Nationwide with the introduction of dedicated key management systems So committed to its branch network, it has pledged to its 15 million members that every town and city with a Nationwide branch, will still have one for at least the next two years. A bold statement in today’s climate. Traka has supported Nationwide with the introduction of dedicated key management systems, moving its branch network into a more digital system. Keys no longer need to leave site and the audit trail capability has helped to remove the manual paper recording, allowing status of keys to be established instantly, at any time. Changes in retail market This example, together with Traka’s portfolio of high street brands and globally renowned department stores that cannot be named for security reasons, demonstrates the need for retailers to embrace the need for change, both from a product offering and operational running perspective to achieve aspirations of resonating with customers. They also prove the opportunities for success, in an unquestionable difficult market environment. If retailers can listen to customers and respond accordingly, taking into consideration staff safety and security, alongside an ability to respond quickly to personalized enquiries and expectations. This way, perhaps, the current environment can be seen as an opportunity to innovate and embrace technology to form the high street of the future.
Critical infrastructure facilities that must secure large areas with extended outer boundary and numerous entry points, present a particularly difficult challenge when it comes to perimeter protection. As such, true end-to-end perimeter protection calls for the utilization of a sophisticated, multi-layered solution that is capable of defending against anticipated threats. Integrated systems that incorporate thermal imaging, visible cameras, radar and strong command and control software are crucial for covering the various potential areas of attacks. Let’s look at these technologies and the five key functions they enable to achieve an end-to-end solution that provides intrusion detection, assessment and defense for the perimeter. 1. Threat Recognition The first step in effectively defending against a threat is recognizing that it’s there. By combining state-of-the-art intrusion detection technologies, facilities can arm themselves with a head start against possible intruders. An exceptionally important aspect of effective perimeter protection is the ability to conduct 24-hour surveillance, regardless of weather conditions, environmental settings, or time of day. Visible cameras do not perform as well in low light scenarios and inclement weather conditions. However, thermal imaging cameras can provide constant protection against potential intruders, regardless of visual limitations, light source or many environmental factors. In fact, facilities such as power stations located near bodies of water can use thermal cameras to create what is known as a “thermal virtual fence” in areas where they are unable to utilize the protection of a physical fence or wall. Deterring suspicious activity can be achieved through real-time two-way audio, a simple but powerful tool Critical infrastructure applications require not only continuous video surveillance and monitoring, but also a solution that yields highly reliable intrusion detection, with fewer false alarms. This need makes advanced video analytics a must for any adequate surveillance system. Features like dynamic event detection and simplified data presentation are game changing in supporting accurate intrusion analysis and facilitating a proactive response. Advanced analytics will provide multiple automated alarm notification options, including email, edge image storage, digital outputs or video management software (VMS) alarms. Incorporating high quality, unique and adaptive analytics can virtually eliminate false alarms, allowing security personnel to respond more efficiently and effectively, while also lowering overall cost for the end user. While surveillance technologies such as radar, thermal imaging and visible cameras, or video analytics work well on their own, utilizing all of these options together provides an advanced perimeter detection system. For example, ground surveillance radar can detect possible threats beyond the fence line as they approach and send a signal to pan-tilt-zoom (PTZ) cameras, triggering them to slew to a specific location. From there, embedded analytics and visible cameras can further identify objects, notify authorized staff, and collect additional evidence through facial recognition or high-quality photos. 2. Automatic Response Systems Once an intrusion attempt is discovered, it is important to act fast. Organizing a response system that can initiate actions based on GPS location data, such as the slewing of PTZ cameras, automated intruder tracking or activated lighting sensors, greatly increases staff’s situational awareness while easing their workload. For instance, thermal imagers deployed in conjunction with video analytics can be used to generate an initial alarm event, which can then trigger a sequence of other security equipment and notifications for personnel to eventually respond to. Having all of this in place essentially lays the entire situation out in a way that allows responders to accurately understand and evaluate a scene. Power stations located near bodies of water can use thermal cameras to create a “thermal virtual fence” in areas where they are unable to utilize the protection of a physical fence or wall 3. Deterring Suspicious Activity After the designated auto-response mechanisms have activated and done their job, it is time for responders to acknowledge and assess the situation. From here, authorized personnel can take the next appropriate step toward defending against and delaying the threat. Deterring suspicious activity can be achieved through real-time two-way audio, a simple but powerful tool. Often, control room operators can diffuse a situation by speaking over an intercom, telling the trespasser that they are being watched and that the authorities have been notified. This tactic, known as ‘talk down’, also allows officers to view the intruder’s reaction to their commands and evaluate what they feel the best next step is. If individuals do not respond in a desired manner, it may be time to take more serious action and dispatch a patrolman to the area. 4. Delay, Defend, Dispatch And Handle The possible danger has been identified, recognized and evaluated. Now it is time to effectively defend against current attacks and slow down both cyber and physical perpetrators’ prospective efforts. Through the use of a well-designed, open platform VMS, security monitors can manage edge devices and other complementary intrusion detection and response technologies, including acoustic sensors, video analytics, access control and radio dispatch. A robust VMS also enables operators to control functions such as video replay, geographical information systems tracking, email alerts and hand-off to law enforcement. With the right combination of technologies, facilities can take monitoring and evidence collection to the next level The primary purpose of the delay facet of the overall perimeter protection strategy is to stall an attempted intrusion long enough for responders to act. Access control systems play a key role in realizing this objective. When a security officer sees a non-compliant, suspicious individual on the camera feed, the officer can lock all possible exits to trap them in one area all through the VMS. 5. Intelligence: Collect Evidence And Debrief More data and intelligence collected from an event equals more crucial evidence for crime resolution and valuable insight for protecting against future incidents. With the right combination of technologies, facilities can take monitoring and evidence collection to the next level. One innovative resource that has become available is a live streaming application that can be uploaded to smart phones and used for off-site surveillance. This app gives personnel the power to follow intruders with live video anywhere and allows operators to monitor alarm video in real-time. Geographic Information System (GIS) maps are computer systems utilized for capturing, storing, reviewing, and displaying location related data. Capable of displaying various types of data on one map, this system enables users to see, analyze, easily and efficiently. Multi-sensor cameras, possessing both visible and thermal capabilities, provide high-contrast imaging for superb analytic detection (in any light) and High Definition video for evidence such as facial ID or license plate capture. Integrating these two, usually separated, camera types into one helps to fill any gaps that either may normally have. Still, in order to capture and store all of this valuable information and more, a robust, VMS is required. Recorded video, still images and audio clips serve as valuable evidence in the event that a trial must take place to press charges. Control room operators can use data collection tools within their VMS to safely transfer video evidence from the field to the courtroom with just a few clicks of their mouse. More advanced video management systems can go a step further and package this data with other pertinent evidence to create a comprehensive report to help ensure conviction.
Where are video surveillance cameras headed? At the core of next-generation Internet Protocol (IP) cameras are advanced chips with artificial intelligence (AI) at the edge, enabling cameras to gather valuable information about an incident: scanning shoppers at a department store, monitoring city streets, or checking on an elderly loved one at home. Thanks to advanced chip technology, complex analytics operations are becoming more affordable across the full spectrum of surveillance cameras —professional to consumer — fueling the democratization of AI in the IP camera market.Complex analytics operations are becoming more affordable across the full spectrum of surveillance cameras Expanding The Global IP Camera Market The video surveillance equipment market grew to $18.5 billion in 2018 and is expected to increase this year, according to IHS Markit. The latest research points to video everywhere, edge computing, and AI as the top technologies that will have a major impact in both commercial and consumer markets in 2019. Computing at the edge means that the processors inside the camera are powerful enough to run AI processing locally, while still encoding and streaming video, and are able to do it all at the low-power required to fit into the limited thermal budget of an IP camera. New SoC chips will be able to perform all of the processing on camera and provide accurate AI information, with no need to send data to a server or the cloud for processing. Instead, data can be analyzed right in the camera itself, offering high performance, real-time video analytics, and lower latency — all critical aspects of video surveillance. This new AI paradigm is made possible by a new generation of SoCs, a key driver behind the market growth of IP cameras. Complex analytics operations are becoming more affordable across the full spectrum of surveillance cameras to fuel the advent of AI in the IP camera market Micro-Processor-Enabled Video Analytics Next-generation video cameras will be able to create heat maps of stores to see where people spend the most timeMicroprocessor-enabled analytics allow users to more easily extract valuable data from video streams. How about an insider’s view into retail customer behavior? Consider video cameras at a department store, monitoring shoppers’ behavior, traffic patterns, and areas of interest. Next-generation cameras will recognize how long a shopper stays in front of a specific display, if the shopper leaves and returns, and if the shopper ultimately makes a purchase. Next-generation video cameras will be able to create heat maps of stores to see where people spend the most time, so retailers will be able to adjust product placement accordingly. Analytics will also help identify busy/quiet times of the day, so retailers can staff accordingly. By understanding customers’ behavior, retailers can determine the best way to interact with them, target specific campaigns, and tailor ads for them. Cue the coupons while the shopper is still onsite! Analytics will also help identify busy/quiet times of the day, so retailers can staff accordingly Fast Processing For Rapid Response At City Level City surveillance and smart cities are depending on advanced video surveillance and intelligence to keep an eye on people and vehicles, identify criminals, flag suspicious behavior, and identify potentially dangerous situations such as loitering, big crowds forming, or cars driving the wrong way.Quick local decisions on the video cameras are also used to help analyze traffic situations Quick local decisions on the video cameras are also used to help analyze traffic situations, adjust traffic lights, identify license plates, automatically charge cars for parking, find a missing car across a city, or create live and accurate traffic maps. Real-Time HD Video Monitoring And Recording When it comes to home monitoring, what will next-generation video surveillance cameras offer? Real-time monitoring and notification can detect if a person is in the back yard or approaching the door, if there’s a suspicious vehicle in the driveway, or if a package is being delivered (or stolen). Advanced video cameras can determine when notifications are and aren’t required, since users don’t want to be notified for false alerts such as rain, tree branches moving, bugs, etc. Next-generation video camera capabilities can also help monitor a loved one, person or pet, helping put families at ease if they are at work or on vacation. For example, helpful analytics may be used to detect if someone has fallen, hasn’t moved for a while, or does not appear for breakfast according to their typical schedule. City surveillance and smart cities are depending on advanced video surveillance and intelligence to keep an eye on people and vehicles, identify criminals, flag suspicious behavior, and identify potentially dangerous situations Next-Gen IP Cameras When evaluating next-generation IP cameras (cameras on the edge), look at the brains. These cameras will likely be powered by next-generation SoCs chips. Here is what this means to you: Save on network bandwidth, cloud computing and storage costs. There is no need to constantly upload videos to a server for analysis. Analysis can be performed locally on the camera, with only relevant videos being uploaded. Faster reaction time. Decisions are made locally, with no network latency. This is critical if you need to sound an alarm on a specific event. Privacy. In the most extreme cases, no video needs to leave the camera. Only metadata needs to be sent to the cloud or server. For example, the faces of people can be recognized in the camera and acted upon, but the video never reaches the cloud. The cameras can just stream a description of the scene to the server “suspicious person with a red sweater walking in front of the train station, has been loitering for the last 10 minutes, suggest sending an agent to check it out.” This could become a requirement in some EU countries with GDPR rules. Easier search. Instead of having to look through hours of video content, the server can just store/analyze the metadata, and easily perform searches such as “find all people with a red sweater who stayed more than five minutes in front of the train station today.” Flexibility/personalization. Each camera at the edge can be personalized to work better for the specific scene it is looking at, compared to a generic server. For example, “run a heat map algorithm on camera A (retail) as I want to know which sections of my store get the most traffic; and run a license plate recognizer on camera B (parking lot) as I want to be able to track the cars going in/out of my parking lot.” No cloud computing required. For cameras in remote locations or with limited network bandwidth, users have the ability to perform all analytics locally, without relying on uploading video to a server/cloud. Higher resolution/quality. When AI processing is performed locally, the full resolution of the sensor can be used (up to 4K or more), while typically the video streamed to a server will be lower resolution, 1080p or less. This means more pixels are available locally for the AI engine so that you will be able to detect a face from a higher distance than when the video is streamed off camera. AI At The Edge Professional-level IP cameras capable of performing AI at the edge are coming soon with early offerings making their debut at this year’s ISC West. As we enter 2020, we will begin to see the availability of consumer-level cameras enabling real-time video analytics at the edge for home use. With rapid technology advancement and increased customer demand, AI is on the verge of exploding. When it comes to image quality and video analytics, IP cameras now in development will create a next-generation impact at department stores, above city streets, and keeping an eye on our loved ones.
Hikvision, a global supplier of innovative video surveillance products and solutions, will have an unmissable presence at IFSEC International 2018. With the largest stand at the event (D300), visitors will have the opportunity to view and examine the latest technology that is defining the surveillance industry. Hikvision’s innovations include self-learning Artificial Intelligence (AI), deployable across a wide range of vertical market sectors. On demonstration will be queue and crowd management, a powerful new Video Management System (VMS), DarkFighter ‘low-light’ superior technology, and thermal imaging powered by Artificial Intelligence (AI) – as well as a host of other technological advances for a multitude of applications and environments. Hikvision’s stand will highlight the intruder alarm solutions of Pyronix, and feature additional technology partners who will show ‘value added’ features that complement Hikvision solutions to provide an enhanced level of performance or a greater return on investment for the end user. See first-hand, how AI is revolutionizing the surveillance technology landscap Revolutionary AI Surveillance Technology Visitors at the D300 stand will see first-hand, how AI is revolutionizing the surveillance technology landscape, with Hikvision demonstrating a variety of new products in its AI Series: Queue Management Technology: Live queue information analysis providing real time alerts with the ability to provide data reports/analysis, for optimization of business service and operational efficiency. Deep in Mind: Crowd density analysis - optimise, analyze and generate alert levels of crowds with detailed reports in different time frames. Reduce false alarms (up to 90%) by distinguishing target type, improving the efficiency of perimeter defense and operational costs in monitored applications. Deep in View: Deep learning algorithm for human behavior analysis (loitering, falling down) and demonstrating highly accurate face capture. Technology that delivers information regarding vehicular activity, such as illegal parking detection will also be on display. Deep in View Facial Recognition: Deep Learning facial recognition technology integrated with access control will allow people quick and convenient entry to offices using secured biometric identification. Thus, ensuring a convenient system for quick access Another AI-powered product on display at IFSEC 2018 will be Hikvision’s Deep in View Thermal camera, which can distinguish objects based on target type, reducing false alarms by up to 90% and providing appropriate notifications.HikCentral brings multiple technologies into one intelligent platform, utilising the advanced benefits offered by the AI Series Innovative Video Management Systems Hikvision’s new video management system, HikCentral, brings multiple technologies into one intelligent platform, utilizing the advanced benefits offered by the AI Series to deliver complete integrated surveillance solutions in one comprehensive, simple-to-use package. Intelligent Surveillance Solutions There will be a host of other products and solutions on display at the Hikvision stand. These will include: Intelligent Traffic System solutions: Deep Learning-based check point systems and smart parking management solutions. Thermal solution: A feature demonstrating the wide-ranging benefits of thermometric and bi-spectrum thermal technologies. Turbo range: The revolutionary 5.0 generation of Hikvision’s Turbo HD range, with AI technology built-in. Access control and intercom: All the latest developments in access products and systems. DarkFighter X: The latest, most powerful addition to the ultra-low light camera range. Mobile and portable solution: With premier AI technologies built-in, the mobile solution delivers functionality such as driver behavior analysis and passenger counting in conjunction with iVMS-5200P. Easy IP 4.0: New products and solutions from the simple-to-install Easy IP range. Panovu/PTZ: The award-winning multi-sensor range of powerful, full scene coverage products including multi-sensor, panoramic and PTZ models. Hikvision can introduce new products and features to the market rapidly and efficiently Hikvision Multi-level R&D System Hikvision can introduce new products and features to the market rapidly and efficiently as a result of its continued investment dedicated to research and development. Hikvision now has more than 20,000 employees, including more than 10,000 R&D engineers. The company invests 7 to 8 percent of its annual sales revenue in research and development for continued product innovation. Hikvision has established a complete, multi-level R&D system that includes every operation from research to design, development, testing, technical support, and services. Based at its Hangzhou headquarters, the R&D teams operate globally, including centres in Montreal and Silicon Valley, as well as Beijing, Shanghai, Chongqing, and Wuhan in China. Hikvision Video Surveillance Technology Hikvision UK & Ireland Sales Director, Gary Harmer, says: “We are delighted to be attending and supporting IFSEC again this year as the global leader in the video surveillance industry. We are excited to share our latest technologies with new and existing partners and their clients. We’ll be featuring 10 product areas and will be discussing the latest innovations and applications in Artificial Intelligence. We’ll also be taking part in IFSEC’s ‘Show Me How’ initiative, where we will be displaying live demonstrations of our solutions. Keep your eye out for more impressive surprises with Hikvision during 2018 as we continue to grow in the UK market.” Hikvision’s stand will also showcase the work it does with its technology partners, including Seagate, Eagle Eye, Western Digital, Optex, Milestone Systems, IPS, and Netgenium Hikvision Partner Presence Hikvision’s stand will also showcase the work it does with its technology partners, including Seagate, Eagle Eye, Western Digital, Optex, Milestone Systems, IPS, and Netgenium. Representatives of each of these partners will be available to talk with visitors about how their solutions integrate with and complement those of Hikvision. Pyronix Intrusion Detection Solutions Intruder alarm specialist Pyronix is part of the Hikvision group of companies, and at IFSEC International 2018 will be showcasing the latest innovations in its control panel range on Hikvision’s stand. The new range includes the ProControl+ app, which brings video and intrusion together on one app, and features integration with Hikvision cameras for the first time. Pyronix’s new range of WIFI cameras will also be on show, demonstrating the total WIFI solution, designed largely for residential and small commercial applications. Pyronix will be showcasing future developments to this range, with exciting new features coming in the future to further enhance the user experience and drive value to installation companies. EZVIZ Smart Home Security Visitors will also have the chance to see the latest from Hikvision’s consumer brand, EZVIZ, a premier provider of smart home video technology, alarms and cloud services. EZVIZ offers a broad range of smart home video security solutions for multiple applications EZVIZ offers a broad range of home video security solutions for multiple applications, all of which have features such as 2-way audio, night vision, local, network and cloud recording, plus other specific features such as whole room coverage, auto tracking and active alert (siren and strobe alert built in to the camera to deter unwanted activity). Other products in the range include smart alarms, doorbells and security lighting, all of which integrate though a single app. The EZVIZ range of smart home video cameras can be directly integrated with Google Assistant and Alexa, with a range of Apple Home Kit products becoming available later this year. Amazon Echo Show and Spot allows users to stream their camera footage to their devices. All an EZVIZ user needs to do is simply say, "Alexa, show me the camera in the living room," and the feed from an Internet-connected camera will send the video to the Echo Show or Spot. Hikvision IFSEC Prize Draw All visitors to the Hikvision stand who submit business cards during Tuesday and Wednesday of IFSEC will be entered into a prize draw, the details of which will be available on the stand. The winners of the prize draw will be announced on Wednesday evening during the show. Visit Hikvision on Stand D300 to be in with a chance of winning.
Intrusion can be a complicated and expensive subject when looking to protect retail businesses. Each installation can come with various difficulties to overcome, whether this is aisles, display spaces, counters, furniture and more. Maximum Protection In All Areas Another consideration is that burglars can be creative when breaking in. To avoid detection, they can hide behind furniture, crawl across the floor or even stay close to walls or aisles, where there may be natural blind spots in the security system. Therefore, to ensure maximum protection in all areas, a multitude of detectors would need to be utilised to cover each angle the different obstacles create. This can be a very time-consuming and expensive exercise. So, what’s the solution for a cost-effective and efficient installation that provides maximum protection? Fit the Pyronix Octopus DQ and take a different approach to detection. Instead of fitting various detectors at varying angles to cover large or awkward areas, you can fit one and detect from above! Better Intruder Catch Performance This ceiling mount quad infrared detector utilizes advanced Pyronix technologies, with 360º coverage to provide complete peace of mind. With a quad-element passive infrared (PIR) sensor, the Octopus DQ has better intruder catch performance when compared with traditional dual element ceiling mount PIR sensors. While its simple clip in PCB, single screw fitting, selectable EOL resistors and walk test LED make the Octopus DQ fast to fit! A more cost effective and secure solution for any installation. With the Pyronix Octopus DQ, retail owners can have complete peace of mind that the security system is watching over their property.
Merger and acquisition activity has become a familiar topic in the physical security market. In 2016, SourceSecurity.com covered M&A news involving some of the industry’s largest companies, including high-profile names such as Tyco, Honeywell, Hikvision, ADT, and Ingram Micro. Here’s a look at the top 10 M&A stories in 2016, as covered by SourceSecurity.com: 1. Johnson Control And Tyco merge Johnson Controls and Tyco announced their merger into one company with annual revenue of $32 billion. Johnson Controls, a global multi-industrial company, combined with global fire and security provider Tyco to create a leader in building products and technology, integrated solutions and energy solutions. Johnson Controls previously had a small presence in the physical security market, but their products have mostly centered around building controls, HVAC and energy storage technology. For its part, Tyco’s focus on video, access control and alarm systems has expanded to consider those systems in the context of broader building systems. The trend toward convergence in the building market is the common ground for these companies, and a major driver in their decision to merge under the name Johnson Controls. 2. Honeywell Acquires Xtralis And RSI Video Technologies Industry giant Honeywell agreed to acquire Xtralis, a global provider of aspirating smoke detection and advanced perimeter security technologies and video analytics software, for $480 million from funds advised by Pacific Equity Partners and Blum Capital Partners. Honeywell saw Xtralis' systems as complementing their growing Security and Fire business. A month or so later, Honeywell also acquired RSI Video Technologies, provider of the Videofied Intrusion Detection System, for $123 million. Upon completion of the acquisitions, both would become part of Honeywell Security and Fire. Honeywell also made headlines for a deal that didn’t happen. It seems Honeywell wanted to merge with UTC, but UTC declined because of “insurmountable regulatory obstacles and strong customer opposition.” 3. Ingram Micro Acquired By Chinese Conglomerate Ingram Micro Inc. and Tianjin Tianhai Investment Company, Ltd. announced a merger agreement under which Tianjin Tianhai would acquire Ingram Micro for $38.90 per share in an all-cash transaction with an equity value of approximately $6 billion. Ingram Micro would become a part of HNA Group, a Hainan-based Fortune Global 500 enterprise group and a leader in aviation, tourism and logistics and the largest stockholder of Tianjin Tianhai. ADT holds the largest share of the U.S. residential security market, and a respectable small business presence 4. ADT Merges With Protection 1 ADT, the well-known home and small business security company, which traces its history back to 1874, agreed in 2016 to be acquired by private equity firm Apollo Global Management, and would merge with competitor Protection 1, a subsidiary of Apollo-owned Prime Security Services Borrower LLC. The announcement comes amid rapid changes in the residential security and home automation market, much of it driven by emerging Internet of Things (IoT) technology. ADT holds the largest share of the U.S. residential security market, and a respectable small business presence. Protection 1 began in 1991 when it was spun off from PacifiCorp., a power utility. It grew rapidly, largely through acquisition, into a full-service business and home security company. 5. Konica Minolta Acquires Majority Shares Of MOBOTIX Konica Minolta, Inc. entered into a share transfer agreement to acquire shares comprising about 65% ownership of German manufacturer MOBOTIX, developer of technologies including decentralized processing (edge computing) IP cameras, image data compression, and image data analytics. The deal was estimated at between $177 million and $265 million. Konica Minolta seeks to broaden the distribution of MOBOTIX products and solution services by leveraging its global direct sales network and after-sales support and services systems. 6. Hikvision Acquires Pyronix Hikvision, the world’s largest video surveillance manufacturer, announced the acquisition of Pyronix, the UK-based intrusion alarm security firm. Hikvision planned to apply Pyronix expertise and know-how in intrusion detection systems to its leading position in the video surveillance market. The combined know-how of Hikvision and Pyronix seeks to bring new advancements and innovative products to the market, converging two security technologies in video surveillance and intrusion detection. 7. Merger Creates AlliedUniversal Brand AlliedBarton Security Services and Universal Services of America agreed to merge, combining to do business under the AlliedUniversal brand. The combined company offers clients localised response and national support using technology solutions and approximately 140,000 highly-trained officers. The combined company is expected to have total annual revenues of approximately $4.5 billion. AlliedUniversal brand offers clients localised response and national support 8. Acre Acquires Two Companies ACRE, LLC, the holding company that owns Vanderbilt Industries and Mercury Security, made two more acquisitions this year. Through its subsidiary Vanderbilt, a global provider of state-of-the-art security systems, Acre acquired Access Control Technology Ltd (ACT), based in Dublin, Ireland. This purchase would enhance Vanderbilt’s strategic expansion plans for strengthening its access control business and product portfolio. Later in the year, Acre also announced plans to acquire Communication Networks LLC (dba ComNet), a manufacturer of video and data transmission equipment. The acquisition of ComNet builds on the ACRE family of companies, providing complementary communication technologies utilised across its access control, intrusion, video, and cloud-based product ranges. 9. Gemalto To Buy 3M’s Identity Business Gemalto, a provider of digital security, agreed to acquire 3M's Identity Management Business for US $850 million; it will become part of Gemalto Government Programs. 3M's Identity Management Business is comprised of 3M Cogent Inc., which provides a full spectrum of biometric solutions with a focus on civil identification, border control and law enforcement, and 3M's Document Reader and Secure Materials Businesses. 10. Bosch And Sony Partner Up Although technically not a merger or acquisition, Bosch Security Systems and Sony signed a contract to establish a business partnership to collaborate in the development of products and solutions in the field of video security applications, beginning in 2017. Bosch will handle the sales and marketing globally for all of Sony’s video surveillance products (outside of Japan). The two companies will also pool their technology expertise, leveraging Sony’s imaging capabilities and Bosch’s analytics and networking strengths. See the full coverage of 2016/2017 Review and Forecast articles hereSave Save Save
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