The year 2015 has been quite eventful for the security industry. From large-scale M&As to economic concerns and rise of low-cost products, it has seen a dynamic shift in the market.
The year 2015 has been quite eventful for the security industry. From large-scale M&As to economic concerns and rise of low-cost products, it has seen a dynamic shift in the market.
But the macro-level matters aside, the year has been special for several solution providers in terms of their businesses itself. Speaking to
a&s, some of them shared highlights of the year.
Brian Song, Managing Director of
IDIS Europe said that his company began its operations in Middle East and North America this year. IDIS also launched its 4K NVR with a network throughput of 310 Mbps and support from H.265. It also launched a 5MP 360-degree fisheye camera.
Speaking of image resolutions, Tristan Haage, CSO of
Mobotix said that the year has seen the company move to a 6MP image standard with increased light sensitivity and less motion blur.
“This upgrade spans across outdoor and our new 6MP indoor camera line with the addition of in-camera analytics and thermal options that address the widest range of use cases,” Haage said. “Our new VMS, MxManagementCenter (MxMC) offers adaptive bandwidth management supporting quality search even over mobile networks with very limited bandwidth.”
Haage added that the company has managed to achieve double digit growth across most of its sales regions despite a challenging economic climate.
Two key milestones have been the highlight for Synectics this year. According to Paul Webb, CEO of
Synectics, the company completed two and a half decades of providing on-board surveillance technology to the coach and bus industry. The company’s thermal camera station also completed 30 years in market this year.
2015 has generally been a year that saw a stronger push towards integrated solutions. Leon Langlais, Senior Director of Growth Markets and Regional Strategies,
Tyco Security Products spoke about how his company reached its goal of bringing its brands closer together and developing solutions that go beyond traditional security.
“We have augmented unifications and integrated platforms for all of our brands and have continued our efforts to integrate several partners and technologies into our products and markets,” Langlais said.
The weak economic outlook that has shadowed the markets throughout this year has been a cause of concern for most industry players. But the nature of security industry is such that it also benefits from a slowdown, as customers look to improve operational efficiency and protect their assets. This is evident in the way solution providers have performed this year, with new product releases and expansion to new markets. Verticals like oil and gas have stood out, even as oil prices saw unprecedented drop.
The coming year is not expected to be much different, despite sporadic signs that the economy might make a pick up. Concerns such as low oil prices and terrorist attacks would continue, and this should see further demand for the security industry.