Security Systems News

MAY 2018

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Page 26 of 82

Head briefs Sandy Springs places 39 on no-response list By Paul Ragusa DALLAS—Parks Associates, an IoT research firm based here, recently announced the full key- note lineup for its 22nd annual CONNECTIONS: The Premier Connected Home Conference, May 22-24 in San Francisco, which features executives from Comcast, Google, Intel, Sam- sung and T-Mobile. In conjunc- tion with the conference, Parks will delve into newly published research around the smart home, including home security. "It's going to be a great event and we have new research to share about consumer adoption of these products," Elizabeth Parks, SVP for Parks Associates, told Security Systems News in an email interview. "We have a lot of interest in home security and think Google and Amazon are having an impact to help jump- start this market. There is a big opportunity with home security in the U.S. and adding smart home capabilities is natural. I think we will hear about distri- bution models and the impact of DIY products." The complete list of 2018 keynotes includes: Dr. Melissa Gregg, director, Research, Intel Smart Home, Intel; Miles Kings- ton, GM, Smart Home Group, Intel; Yoon Lee, SVP, head of Product Innovation Team and head of Content Services, Sam- sung; Patti Loyack, VP, IP Servic- es, Comcast Cable; Mark Spates, product lead for Smart Home, Google; Balaji Sridharan, VP, IoT & M2M, T-Mobile. "We are excited to hear about what is happening now in the market, as well as the future for the smart home, security, and connected home markets," said Parks. "AI, machine learning, and voice-first experiences are all hot topics I expect we will hear from our keynotes. Also, the use of broadband enabling connec- tivity in the home and discussing core issues around privacy and security for connected devices will be important discussions on the main stage." Within the smart home, Parks finds that video doorbells and smart light bulbs are proving to be the most popular smart home devices at the beginning of 2018. "Nationwide 7 percent of U.S. broadband households currently own a smart door bell, up from 4 percent at midyear 2017, and adoption is likely to spike in 2018, especially following mar- ket actions like the Amazon pur- chase of Ring," said Parks. Parks Associates research also shows that 26 percent of U.S. broadband households plan to purchase a smart speaker with a personal assistant and 24 percent plan to but a smart door lock. She also highlighted new Parks research showing that 56 percent of U.S. broadband households believe it is very important to have an energy- efficient home, while only 9 percent think their home is very energy efficient. In addition, Parks noted that 13 percent of U.S. broadband households own a smart thermostat, and approximately 60 percent were self-installed. SSN Parks announces keynotes for conference Global smart home market to increase to $55 billion by 2022 WELLESLEY, Mass.—The global market for smart home technology will gain $17 billion in five years, rising from $38.0 bil- lion in 2017 to $55.0 billion by 2022, at a compound annual growth rate (CAGR) of 7.7 percent, according to a new report by BCC Research entitled, Smart Home Technologies: Global Markets to 2022. Safety and security among application segments held the largest revenue share at $8.1 billion in 2016. An increase in Internet connectivity and the economic growth of emerging Asia- Pacific countries are among key drivers of the global market for smart home tech- nologies, BCC Research found. The global smart home market is grow- ing substantially as industry participants strive to meet the fundamental demand for a universal solution—one that inte- grates complex platforms into a single home technology system, the report found. "The global smart home market— until now considered an elite market— has been growing in popularity across widespread social segments, facili- tated by the development of wireless, open and standard technologies," said Sinha G. Gaurav, BCC Research ana- lyst and author of the report. "These technologies have helped reduce the cost of wiring and labor, thus lowering overall prices. Also, many players have induced price competitiveness, forcing them to develop mainstream solutions." IHS Markit looks at smart homes and buildings LONDON—IHS Markit released a new paper, Smart Buildings and Smart Homes Convergence: Technologies and Markets, which looks at how the convergence of technologies is creating driving innova- tion in both commercial and residential markets. "Touching upon nearly every aspect of life, the Internet of Things (IoT) has been transformative in recent years for both commercial applications and the resi- dential market," according to the report. "And as these transformations acceler- ate, a new phase of convergence can be seen on the horizon. The moment is approaching when consumer and pro- fessional applications of the IoT become unified via a new paradigm that will focus on three principles: analytics, energy, and user interface." IHS reports that professional and con- sumer applications are on course to share analytics, technology, and interfaces. "This intersection will propel wider initia- tives surrounding energy and workforce efficiencies, as well as provide additional insights into IoT implications for the home and business through metadata and the deep linking of systems," the report found. By SSN Staff SANDY SPRINGS, Ga.—The community of Sandy Springs, Georgia, has revoked the reg- istration of 39 of its city alarm companies, due to delinquent payment of fines. The action is in response to the city's ordi- nance passed last year that made alarm companies—not residents—liable for repeat false alarms. "This is a classic situation in which the industry, along with the Security Industry Alarm Coalition (SIAC) and local alarm associations, has to challenge an ordinance that is completely out-of-line with the best practices we have promot- ed for decades," Stan Martin, executive director of SIAC, said in the ESA press release. "The ordinance is based on misin- formation about the role alarm systems play in protecting life and property and the best way to deal with the false alarm issue. Failure of the industry to organize and fight this uncon- stitutional ordinance is a major threat to our industry." The Georgia Electronic Life Safety & Systems Association (GELSSA), two alarm com- panies, and SIAC, have chal- lenged the ordinance in U.S. District Court. "If the industry allows this type of ordinance to become the norm, it will be faced with huge administrative and legal costs, disputes with custom- ers and a process that does not align with best practices for reducing alarm dispatches," Dan Gordon, GELSSA presi- dent, said in a prepared state- ment. "Passing customer fines to alarm companies cannot be an option on the table when discussing alarm manage- ment." The ordinance imposes extreme fines on alarm compa- nies, with the first false alarm at $25, second and third false alarms are $250, and fourth or additional false alarms in any 24-month period $500. "SIAC is taking the lead in helping the ESA, GELSSA and local companies fight this ordinance," said Martin. "The city's own documents indicate that the decision to fine alarm companies is purely political." Sandy Springs has never explained why it does not uti- lize the widely adopted and proven model alarm ordinance, which has a well-documented record of success, or provided any evidence as to why they believe their ordinance will be more effective. Meanwhile, cities in Ari- zona, Colorado and Tennessee are considering similar laws that will hold alarm compa- nies financially responsible for "false" alarms. SSN By Spencer Ives CHICAGO—Alert Protective Services recently purchased substantially all the assets of Alert Alarm Corporation, based in Northbrook, Ill., which was finalized in Febru- ary. Financial terms of the deal were not disclosed. "The focus is really on mak- ing sure there's no disruption to service, that the new cus- tomer base gets to know our friendly and highly skilled staff and becomes familiar with the way to engage with us," David L. Silberstein, pres- ident and CEO of Alert Pro- tective Services, told Security Systems News. Alert Protective has been implementing new measures to help future growth, both organically and "aggres- sive pursuit of acquisitions," according to Silberstein. "Alert Protective Services has invest- ed materially in the last 18 months in operating, account- ing, and marketing infrastruc- ture. … The process is fairly seamless for us, given that we have a strong platform to bolt on acquisitions like this," he said. "We are opportunistically always in the market for acqui- sitions and believe we are the perfect partner for owners of alarm companies looking to sell or realize a liquidity event," said Silberstein. Alert Protective was found- ed in 1982, and a majority of the company's work is resi- dential with a growing com- mercial division as well. Alert Protective offers smart and interactive alarm systems, fire alarms, video surveillance, intercoms and access control among other services. Based in Chicago, Alert Protective also has customers in Wisconsin, Michigan and Indiana. Alert Alarm Corp. has cus- tomers in the Chicago area. Silberstein said that Alert Alarm's mix of residential and commercial customers is similar to Alert Protective's account base. "It overlapped nicely with our current cus- tomer base, but definitely helped in terms of expanding a bit more in the Northshore region of Chicagoland," Sil- berstein said. The companies have "simi- lar DNA," Silberstein said, both focusing on customer service and providing a com- pany with a local feel. The two companies even have similar names and brand- ing, Silberstein noted. "Alert Alarm Corp. made the transi- tion to the customer base very simple," he said. SSN Alert Protective Services acquires in Chicago may 2018 SECURIT y S y STE m S NEWS Residential s ystems 20 residential s ystems

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