Tag: Frost & Sullivan

PHILADELPHIA—Xfinity Home, the total home security and automation solution from Comcast based here, passed the 1 million customer mark in July, while Comcast was recently awarded with the 2017 North America Company of the Year Award from Frost & Sullivan based on its recent analysis of the home automation and security services market.Comcast has acquired an average of 200,000 Xfinity Home customers per year since its inception, and an average run-rate of 22,000 new installs per month, according...

SAN ANTONIO, Texas—Among recent trends gaining traction in the security industry, mobile worker apps stand out as one of the most highly deployed and frequently discussed. Such tools have transformed the way field sales personnel and technicians do business, allowing them to be more efficient and effective on the job.The mobile worker app market is fragmented and “finally beginning to receive the attention it deserves,” according to Jeanine Sterling, principal analyst at Frost &...

BOCA RATON, Fla.—MobileHelp, a provider of mobile PERS solutions, based here, recently won Frost & Sullivan's 2014 North American Price Performance Value Leadership Award in the PERS category, according to a joint news release. “From a customer satisfaction perspective, MobileHelp's sales focus on return guarantees, low obligatory service commitment, and easy product upgrade makes it very attractive for buyers that are seeking emergency care support without product risk,” Frost...

MONTREAL—Saying that its Omnipresence 3D can do “more intelligent data aggregation” than other PSIM products on the market, Fortem recently announced that it has raised $1.43 million in additional funding.The Anges Quebec Capital fund invested $500,000 and $525,000 was contributed by Anges Quebec, a network of investors. Jean-Guy Gourdeau, president of the Montreal-based Solstice Financial Group, led the project for Anges Quebec. An additional $2.1 million is expected to be added...

YARMOUTH, Maine—If you are a vendor or integrator of PSIM systems, the chances are good that you consider this to be an exciting time in the security industry. And the chances also are excellent that, regardless of your expertise and experience, your views on PSIM market trends will be challenged by others in the field. PSIM (physical security information management) software and systems are only six or seven years old. That's young enough to generate the buzz of possibilities yet...

A couple days after PSIM maker VidSys touted one aspect of the new Frost & Sullivan PSIM study, F&S itself today sent out a release about this study. The projections are most interesting part of the release, I think. F&S projects the global PSIM market is set to grow from a $142.9 million in 2011 to a $2.79 billion by 2021. When I spoke to VidSys CTO James Chong the other day, he said that his company's commercial business is on the rise. The Frost & Sullivan study says that's the way it's going...

VIENNA, Va.—While there is still some confusion in the market about what constitutes a “true PSIM” and what's merely a “PSIM wannabe,” the market is maturing and demand is growing, James Chong, founder and CTO of PSIM provider VidSys, told Security Systems News.Interest from commercial entities is increasing, he said. “We're seeing an increase in our customer base from non-government entities, from Fortune 500 companies with a global reach,” he said.“Right...

DALLAS—Monitronics International has won Frost & Sullivan's North American Company of the Year Award for 2011, making it three out of the past four years that the alarm monitoring firm has earned the honor.Monitronics, which also won the award in 2008 and 2010, was praised for maximizing value to clients by expanding its customer service operations and streamlining internal processes, resulting in record-low attrition for the year.“Internally, the company incorporated new workflow-based...

Make it three out of four for Monitronics. The Dallas-based alarm monitoring firm was recently named Frost & Sullivan's North American Company of the Year for 2011, adding to similar awards the company won in 2008 and 2010. Frost & Sullivan praised Monitronics for maximizing value to clients by expanding its customer service operations and streamlining internal processes, resulting in record-low attrition for the year. The market researchers also cited the company's “concerted efforts”...

DALLAS—Following closely upon its reception of an Excellence in Best Practices Award from Frost & Sullivan, Monitronics has picked up the Company of the Year Award from the market research company. This is the second year Monitronics has been so honored by Frost & Sullivan. What are they doing right? “Monitronics has been able to overcome critical factors such as cost, scalability, coverage, and jamming issues that plague its competitors,” said Frost & Sullivan senior research analyst...