Showing posts with label Marketing. Show all posts
Showing posts with label Marketing. Show all posts

Thursday, June 17, 2021

AlarmQuest Acquires 360 Security & Sound

AlarmQuest Acquires 360 Security & Sound | #TpromoCom #Security #AlarmQuest #Acquisition | North Carolina-based AlarmQuest has purchased the client accounts of 360 Security & Sound. Founded in 2005 and based in Winston-Salem, North Carolina, 360 provides both residential and commercial security (sdmmag). https://bit.ly/2TGUkRb

With offices in Winston-Salem and Statesville, North Carolina, AlarmQuest is an independently owned commercial and residential security alarm business servicing customers throughout the southeast.

To read the remainder of this news story, click here.





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Monday, May 10, 2021

What’s Real in Artificial Intelligence: Applications, Markets & Opportunities

What’s Real in Artificial Intelligence: Applications, Markets & Opportunities
| #TpromoCom #AI #ArtificialIntelligence #Security | Illusory marketing hyperbole no longer defines AI, machine learning, business intelligence and the like in the physical security realm. Get a brass tacks perspective where broad adoption is happing today and into the future (SecuritySales). https://bit.ly/2SwPchI

Artificial intelligence (AI) is a growing force in the physical security industry. That declarative statement may well have you grinning, wryly, especially if you’ve been exposed to the near carnival-barking level of embellishment at trade show exhibitions the past few years. But in reality, the statement could not be truer.

SSI spoke with a number of vendors that specialize in this developing technology arena to uncover the ways organizations are approaching and implementing emerging technologies in order to support security and business initiatives. 


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Wednesday, April 21, 2021

Vector Flow Accelerates Growth Strategy with New Sales Executive Appointments


Vector Flow, the recently launched innovator of AI data-driven physical security solutions, announces two new hires to support the company’s rapid growth and expanding sales activities. Mr. Kyle Elliott will oversee global sales and business development as Vice President of Sales, and Mr. Jerry Kane has been appointed Director of Sales, responsible for the company’s sales channel partner strategy and revenue growth.

“Vector Flow is delighted to add these seasoned sales professionals to our growing team,” said Ajay Jain, Founder and CEO of Vector Flow. “Kyle and Jerry’s familiarity with enterprise identity, access and other physical security system technologies, and their longstanding challenges, provides the ideal foundation to support and leverage Vector Flow’s data-driven physical security platform and solutions.”  

Previously, Kyle Elliott was Vice President of HID’s Identity and Access Management Workforce solutions sales organization where he helped drive the organization’s rapid increase in market share and revenue by expanding the North American and international sales team and channel partners. Prior to HID, Kyle was North American Director of Sales with Vidsys, an SOC PSIM solutions provider. Kyle holds a BA from the University of Southern California as well as certificates from many advanced sales strategy and training accreditation programs.

Prior to joining Vector Flow, Jerry Kane was the Senior Sales Director at Vidsys, Inc., a provider of converged security and information management solutions, where he was responsible for the company’s channel and partner program in North America. Prior to Vidsys, Jerry was part of several successful startup companies including, MuleSoft, Vistascape (SIEMENS), and TIBCO software, and has over 20+ years of experience in the software industry and 15+ years in the physical security space. He holds a BA from the University of Massachusetts-Dartmouth, as well as many Computer Science certificates and accreditations.

 Vector Flow’s innovative Data-Driven Physical Security Platform is built on a foundation of advanced AI algorithms capable of processing and analyzing vast amounts of data from otherwise disparate security systems, data stores and input devices. The innovative solution simplifies and improves physical security operations while delivering tangible ROI and lowering TCO, enabling new levels of Security Orchestration, Automation and Response (SOAR). Vector Flow unifies PIAM, surveillance and security systems with alarms, event management and automated “playbook” workflows in real-time to deliver actionable insights.

For more information, visit the Vector Flow website: https://vectorflow.com/


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Tuesday, January 19, 2021

Access ID Market Predicted to Grow Following 2020 Decline

Access #ID #Market Predicted to Grow Following 2020 Decline
| #TpromoCom | A new annual report shows that sales of access control products declined to $7.9Bn in 2020. However the report from researchers at Memoori also forecasts that by 2025 the world market should be worth $10.2Bn a CAGR of approx. 5% over the next 5 years. http://bit.ly/38YXCEl

Memoori has charted the performance of the access control business during the last decade, witnessing demand for products expanded by a CAGR of 8.2%; and at the beginning of 2020 reaching sales of $8.7Bn.

Read the rest: 




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Monday, December 21, 2020

85% of US security dealers report they provide extra services


85% of US security dealers report they provide extra services | #TpromoCom #Business #Security #Integrators | such as connected health and home network services, beyond professional monitoring

DIY, smart home, and interactive services focus of 8th annual Security Dealer Study, with research featured at CONNECTIONS™ Summit at CES sessions

New security dealer research from Parks Associates shows 85% of security dealers report they provide extra services beyond professional monitoring, including video verification, PERS, cybersecurity, and independent living services. The international research firm’s annual study Home Security Dealers: View from the Front Line, now in its eighth year, provides trending data and current insights based on a survey of US dealers studying their view of the security market, competitive pressures, industry conditions, and new trends, including the addition of smart home and interactive technologies. The study reports only 15% of dealers provide no extra services beyond professional monitoring.  

“Going forward, greater emphasis will be placed on PERS and independent living services,” said Brad Russell, Research Director, Parks Associates. “The devastating impact of COVID-19 in senior living facilities ensures that more seniors will want to stay in their homes or apartments and their families want to help that happen.”

In Parks Associates’ Q2 consumer survey of 10,000 US broadband households, 24% of consumers report having completed some home improvement project during the pandemic, many of them choosing to do-it-themselves.

“This DIY trend is driving revenue growth for home improvement stores like Ace, Lowe’s, and Home Depot,” Russell said. “It also drives an increasing share of consumers choosing DIY security systems. This year’s consumer surveys show a big jump in the percentage of home security system purchases that are DIY with professional monitoring. Our dealer survey finds that this ecosystem is responding to this market shift, with 43% of traditional security dealers now offering DIY systems in addition to pro-installed.”


Additional security dealer research findings:

25% of dealers report providing fee deferments or relief to customers during COVID-19.

Professionally installed systems have declined by nearly 25% since 2017.

The sales of DIY systems have increased by nearly 60% since 2017.

Parks Associates will present this research at the upcoming CONNECTIONS™ Summit: Smart Home Growth Strategies, a CES Conference Partner taking place January 14. CONNECTIONS™ Summit at CES is an annual research and industry event hosted by international research firm Parks Associates at CES. In 2021, the executive event features virtual panel discussions on the smart home, Internet of Things (IoT), connected health, and home security and automation, with trends and implications for connected consumers and opportunities for companies to build new revenues and develop innovative business models. Early sponsors include Alarm.com, AmTrust Financial Services, and AirTies.

To schedule an analyst interview or to request specific research data, please contact Rosey Ulpino at rosey@parksassociates.com, 972.996.0233.