Security Systems News

JAN 2016

Security Systems News is a monthly business newspaper that reaches 25,100 security installers, product distributors, central stations, engineers & architects, and security consultants. Our editorial coverage focuses on breaking news in all major se

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www.securitysystemsnews.com JaNUaRY 2016 SECURITY SYSTEMS NEWS NEWS 10 By Amy Canfeld CHEVY CHASE, Md.—Honeywell dealers will be actively acquiring over the next year, according to a recent survey from Capital One Commercial Banking. "The survey indicated things we expected—a very positive outlook," John Robuck, managing director of Capital One Commercial Banking, told Security Systems News. A high percentage of dealers who responded—68 percent—said they would be buying at least one other company in the coming year; 16 percent expect to purchase three or four, he said. Conducted at Honeywell CON- NECT 2015 in October, the survey had 104 respondents. Eighty-two percent noted they needed fnanc- ing for either organic growth or acquisitions, he said. "It's a good time to borrow money," Robuck said, especially "if you partner with folks who understand the industry, who are fexible and understand the needs of the business." The Capital One survey reaffrms positive trends in the industry, he said. "The industry has done a good Bank survey forecasts lots of M&A; activity for 2016 job of investing back into it, with customer service, etc. We're very bullish on the industry," Robuck said. "We'll be interested to see how c y b e rt h re a t s are seen and perceived by the industry," Robuck said. When asked about trends t h a t w o u l d i m p a c t t h e business, 12 percent of respondents cited an increase in cybersecurity threats over the next 12 months. Thirty-six percent cited increased competition as an impact, followed by technol- ogy innovation, 34 percent, then M&A; activity and consolidation, 18 percent. Interconnected devices were cited by 42 percent of respondents as the technology innovation or trend expected to cause the most impact in the next 12 months, followed by do-it-yourself and self-monitored systems—24 per- cent—and managed video moni- toring—23 percent. Fewer respon- dents cited enhanced data analyt- ics—7 percent. Capital One's Security Finance team provides senior lines of cred- it to security companies that want working capital, organic creation cost fnancing, and/or acquisition support. SSN Some of the Honeywell dealers who responded said they'll acquire three or four companies next year John Robuck By SSN Staff NEW ORLEANS—After two recent shooting deaths, both amidst large crowds, the New Orleans police depart- ment said it is looking into drones for crowd surveil- lance. NOPD Cmdr. Jeff Walls commented on the nature of crowds in a Times-Picayune report, a New Orleans news source. "It gives the criminal element the opportunity to do something," he said. "Walls said the use of drones could give NOPD a better vantage point to spot trouble before it happens," the report read. "Walls said the small, remote-controlled devices could be put to use on Bourbon Street, helping officers gain an aerial view of gun-toting partiers before those guns are used." Currently, drones are an idea, the report said, there are no plans to put this into effect. SSN New Orleans looks at drones UPGRADE YOUR IMAGE 877-725-1114 dmp.com We make your company more valuable. Introducing the all-new line of SecureCom Video cameras, suitable for both commercial and residential applications. This new camera platform supports: 20-second clips, POE, video verifcation to the central station and to end users via their mobile device, and more! Isn't it time you upgrade your image? For more information go to dmp.com/Video

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