As far as emerging trends in technology, "what we're starting to see is server-based video analytics and analytics embedded on the camera itself," or at the edge, Powers explained, "as well as PSIM and video 'fusion' technology, which stitches images together."
The Industry is P-One's Oyster
By Deborah L. O'Mara
It's evident that Protection One Inc.'s President and Chief Executive Officer Tim Whall is a mover and shaker who wants to continue to drive the nationwide RMR giant up the ladder and further into the space as one of the largest security installing and monitoring firms in the industry.
Whall talked about growth initiatives within the organization and top-level management appointments in a recent exclusive interview with SD&I magazine, following the announcement that private equity firm GTCR completed the acquisition of Protection One by an affiliate of GTCR (Protection Acquisition Sub Inc.) for about $850 million. Industry experts reported that the multiple of RMR was around 33.
"We are so well-positioned," said Whall. "Our team is in place and we have brought in the best top management. We have big plans for the future and a national footprint and we're going to get bigger. We will have new ways to bring new feature-sets and value to new and existing customers." He added that Protection One has a strong IP component to the business, which also positions it for growth.
Also on the interview with SD&I were Jamie Rosand Haenggi, new Chief Marketing & Customer Experience Officer and Bob Dale, Senior Vice President of Commercial and Residential Sales; both former ADT executives. "Consumers always want a choice and Protection One will continue to give them an opportunity to have that," Haenggi said. Protection One also recently announced the appointment of Don Young as Chief Information Officer and Dan Bresingham, Chief Financial Officer.
GTCR's purchase of P-One marks its third collaboration with Whall, who previously partnered with GTCR on its successful investments in Cambridge Protection Industries and HSM Electronic Protection Services, Inc. Cambridge, operating through its SecurityLink brand, provided electronic security services to more than one million customers. Cambridge was sold to ADT for approximately $1 billion in cash in 2001. HSM was a leading provider of security services to the commercial market. HSM was sold to Stanley for $545 million in cash in 2007. Whall was previously the CEO of HSM and COO of Cambridge. Protection One has been recognized as one of "America's Most Trustworthy Companies" by Forbes.com. Network Multifamily, Protection One's wholly-owned subsidiary, is the largest security provider to the multifamily housing market. The company also owns wholesale monitoring services combined operations of CMS and Criticom International.
HID Global, Irvine, Calif., promoted Harm Radstaak to managing director, Identity & Access Management, Europe Middle East and Africa (EMEA)...Premier Mounts, Anaheim, Calif., made Rich Pierro director of Manufacturing...Stanley Convergent Security Solutions Inc. (Stanley CSS), Naperville, Ill., appointed Jason Martin chief financial officer for North America and United Kingdom Direct; Jim Kopplin chief operating officer for North America and United Kingdom Direct; and Mike Bishop senior vice president, Field Operations for the U.S.
Visonic Americas, Bloomfield, Conn., made Mark Ingram president and Bill Lyon to head new strategic initiatives globally, including educating the organization on the growing PERS market.
Integrators Learn Dos and Don'ts of Working with IT
By Natalia Kosk
Panelists, Jerry Cowser, Vector Security; Tim Warnock, Guardian Protection; and Tom Lassandro, HikVision USA, presented a panel discussion on working with IT during installations.
Tom Lassandro, HikVision USA, discusses the pros and cons versus analog and IP cameras and the total cost of ownership. Photos courtesy Natalia Kosk