Tag: recurring revenue

LAS VEGAS—As Milestone Systems celebrates its 25th anniversary, we take a moment to dive into the latest advancements in video technology, uncover the driving forces behind industry trends, and explore how Milestone Systems has remained a global leader in this rapidly evolving market. With CEO Thomas Jensen at the helm, and CTO Rahul Yadav's technical expertise, join us as we discuss their journey, successes, and vision for the future of video surveillance technology. SSN: Gentlemen,...

Ah, it's good to be home. I just flew in from Las Vegas, and boy are my arms tired. I’ve got a few more dad jokes in me courtesy of Editor Cory Harris, but I’ll just move on and say that although I had a great time at ISC West this year, I’m glad to be back. Now I have a cartoonishly large pile of interviews to sift through, emails to return since getting back, and to reflect on the experience. It was my first attendance at this show, but everyone I met couldn’t help...

CORK, Ireland – Johnson Controls is off to a strong start in the initial quarter of 2023 according to its first earnings call of the year on Feb. 1. The company highlighted a strong performance in its service orders, EBIT Margin Expansion, and adjusted EPS growth. At a glance the company achieved a 9 percent increase in organic sales growth, with sales in the quarter of $6.1 billion increased 4 percent over the prior year. The company showed an EBIT of $237 million with...

In the waning weeks of 2022 I briefly touched on some of the big trends I saw being prevalent in 2023. You’ve got things like Zero Trust security strategies, AI-enhanced security algorithms, cloud-based everything, but I neglected an important one I think, and that’s recurring revenue. I know because its something that’s come up multiple times in the past two weeks. NAPCO has credited its recent growth to recurring revenue, and in interviewing CEO Don Joos this past week its...

LAS VEGAS – Don Joos took the helm as CEO of ACRE, a global provider of networking and security solutions, back in May of 2022, and this week Security Systems News sat down with him to discuss how things are going and what’s next for ACRE in 2023. SSN: Mr. Joos, please tells us a little bit about yourself, and how you’re settling into the company. Joos: From a background perspective, you know I've spent pretty much all my career in technology, and I've...