This week in our Fire & Security industry news round-up we cover the growth of city surveillance market, latest industry acquisitions, Women in Security Awards and more…
We’d love to take our news round-up to the next level and provide something for the whole of the security and fire industry, as well as throwing some of our own insight and expert advice. Do let us know your comments on the news round-ups and anything you’d like to read in the coming weeks.
City surveillance market is on the rise
The latest research by IHS Markit shows that the global market for city surveillance has registered robust growth in the past few years, surpassing $3 billion in 2017. The market is forecast to grow at an average annual rate of 14.6% from 2016 to 2021. the Chinese market for security equipment in city surveillance is the world largest, accounting for two-thirds of global revenue, and that China will become the first country to widely use facial recognition in city surveillance projects, with more than 10,000 smart cameras expected to be deployed in Shenzhen city in 2018.
(Security World Market, 05/04/2018)
Digital Identities improving to IoT development
Privacy and cyber security, are considered the biggest obstacles facing the development of the IoT today but blockchain offers viable solutions to both problems. Using blockchain we can create unhackable, incorruptible, and quickly accessible trusted identities for both devices and people. “The internet was developed without any sense of a provable personal identity; With blockchain’s open ledger and smart contracts, you could have a secure way of proving that you are who you are on the Internet, while controlling who gets access to your ID information and how it can be used.”
Latest industry acquisitions by Johnsons Control & Camtrex
Johnson Controls has acquired Smartvue, a leading IoT and video provider which empowers cloud video surveillance and IoT video services. The addition of the Smartvue cloud-based video platform will enhance Johnson Controls’ offering of an end-to-end, smart cloud-based solution.
Cemtrex Inc., a world-leading technology and manufacturing company, has entered into an agreement to acquire ownership of approximately 46% of the outstanding common stock of Vicon Industries Inc., a New York-based leading provider of mission-critical security and video surveillance systems.
(Security World Market, 05/04/2018)
Voting is now open for the 2018 Women in Security Awards
The Professional Security Magazine Women in Security Awards are the security profession’s dedicated awards that recognise and honour the accomplishments, value and contributions of women within the wider world of security. Whether you are the managing director of your own security company, a security professional working within the security department of a commercial organisation, or business, public sector or the wider world of security, we are looking for nominations in four sections: Manager, Frontline, Technical & Contribution to Industry. Closing date for entries is Friday 10 August 2018.
(Professional Security Magazine, 04/04/2018)
Our weekly fire and security news round-up regularly feature supplier news, product launches, events, our own articles, and much more. Check back each week to catch up on the industry news affecting the fire & security sector collated by our team of fire & security recruiters.
Eligo Fire & Security are a leading Fire & Security recruitment agency specialising in jobs and recruitment across the sector. Companies we work with include major distributors, installers, manufacturers, integrators, consultants, and end users. Take a look at our company page to find out more.
If you have a news article you would like featured in our industry news or would like to work with Eligo Fire & Security to product content please do not hesitate to get in touch.