Security 50 - a platform for intelligent voices from different market sectors - gathers security professionals. Any move made by the world's top 50 security companies could affect the global security industry and lead to game-changing technology. The ranking probes for trends and gathers insight. This annual feature aims the most active, influential and thriving companies, as well as looking at their earnings.
To make this year's ranking as inclusive as possible, A&S editors extended invitations the world over to security companies for leads and financial reports. Innumerable e-mail, fax and phone messages were deployed. We appreciate everyone who took the time to respond!
For a fair comparison, we tried to isolate pure product sales from financial reports that included other income. Additional remarks were noted for companies with figures including other business operations, such as telecommunications, fire safety and system integration.
Several players are missing from the picture. Some 2007 participants chose to bow this year, including UTC Fire & Safety, GE Security and LG Electronics, Security. Verint Systems, a fixture in the top 10 for the past two years, was delisted from public trading and was unable to release figures.
Other prominent figures were also absent from this year's ranking. Companies such as Pelco (part of Schneider Electric), Ingersoll-Rand Security Technologies, Panasonic (Security), Sony (Security), Cardax, Cieffe, Dallmeier electronic and Samsung Electronics (Video Security System) declined to participate.
Eight newcomers joined us this year, making ranking comparison with last year's results difficult. Despite the rankings for some companies decreasing, this in no way reflects faltering financial performance. We invite you to look at the industry movements and product developments behind the figures.
To highlight manufacturers from all over the world, we included a second ranking for the top 25 Asian manufacturers. As Asia produces the majority of the world's security products, we examined the strengths of the region and how top providers succeed.
The security market has enjoyed strong growth in the aftermath of Sept. 11. While the financial credit crunch may slow that growth, most of the Security 50 companies voiced cautious optimism for the days ahead. Our report investigates what sets these leading companies apart and their strategies for survival. With a clear course of action, these security movers are ready to ride out rough weather.
We present the A&S Security 50!