ADT president talks recession, stability of financial market
With security executives gearing up for the 2009 ASIS International Seminar and Exhibition next week in Anaheim, Calif., SIW had a chance to catch up with ADT President John Koch to get his perspective on the current state of the industry.
In addition to his belief that the security industry may finally be turning the corner from the recession, one thing Koch said which I think is noteworthy is how healthy the banking market remains for security.
With all of the bank failures over the past year, one would assume that this would be one of the industries in which the market for security solutions may have fallen. On the contrary, said Koch, ADT will actually see growth in the financial sector this year.
“We’ve been very fortunate that those banks that have withstood (the recession) have been our customers,” he said.
The growth in both this, as well as the petrochemical and government markets, is great news for our industry moving forward. As more and more industries continue to pick up, security should continue to benefit.
More power now available over Ethernet
Earlier this week, news broke that the Institute of Electrical and Electronics Engineers (IEEE) had approved an amendment to its Power-over-Ethernet Plus standard, allowing anywhere from 25 to 51 watts to be carried over Cat 5 cable. The implications of this ruling for manufacturers and installers are huge, being that there will now be enough power to run pan/tilt/zoom and other outdoor cameras that require heaters and/or fans. The end result will be reduced installation costs for dealers and integrators, which can then be passed onto the end-user.
STE announces its Innovation Award winners
If you’re going to be attending ASIS 2009 next week, make sure you stop by the Cygnus Security Group booth to pick up a copy of the September issue of Security Technology Executive magazine featuring this year’s Innovation Award winner on the cover. Price Chopper grocery stores received this year’s gold medal for its IP migration project, along with vendor Verint Systems and integrator CheckPoint Systems. All of the winners and runners-up in the 2009 STE Security Innovation Awards will be recognized at a short press conference on Sept. 22 at 3:30 p.m. in booth 2357.
In other news…
LILAN launches ONVIF initiative; PSIM hits the mid-market; HID unveils ‘Genuine’ program
UK-based CCTV solution manufacturer LILAN has formed a new support program that enable companies to test their surveillance products for ONVIF (the Open Network Video Interoperability Forum) integration with their cameras… Bosch has launched a new line of ONVIF-ready, H.264 cameras… Physical Security Information Management (PSIM) is now available for the small-to-mid-sized businesses via Proximex’s new C100 appliance … HID Global has rolled out a new program dubbed “Genuine HID” to bring the full advantages of its product base to its partners… ASIS leaders make their picks for the best seminar sessions to attend at the tradeshow.