Tag: smart buildings

AUSTIN, Texas — HID has released its 2024 State of Physical Access Control Report, which identifies five key trends that it says are shaping the future of access control. Produced by IFSEC Global in partnership with HID, the report surveyed over 1,200 security professionals across the globe. Conducted between November 2023 and January 2024, the survey reveals five trends, as follows: Mobile access and digital ID set to become ubiquitous According to this report, nearly two in...

CORK, Ireland – Johnson Controls International (JCI) plc has reported its fiscal second quarter (Q2) 2024 results, and the company may be looking to divest itself of one of its non-core businesses.  GAAP earnings per share (“EPS”) of $(0.41). Excluding special items, adjusted EPS was $0.78 (see attached footnotes for non-GAAP reconciliation). Sales in the quarter of $6.7 billion were flat compared to the prior year on an as reported basis and increased 1% organically. GAAP...

CORK, Ireland – With calls to meet sustainable growth targets looming over a number of industries, Johnson Controls (JCI) has a plan in mind. The company recently released "The Smart Building of the Future," a new paper that outlines how smart buildings equipped with advanced technologies like Artificial Intelligence (AI), IoT, cloud and cybersecurity will help enterprises create a future where buildings integrate with human and environmental ecosystems. Johnson Controls said that...

CORK, Ireland – Johnson Controls builds on its solid Q1 performance and finishes the second fiscal quarter 2023 with numbers exceeding guidance. At a glance the highlights show Johnson Controls with Q2 reported sales of +10% versus the prior year; +13% organically. A Q2 GAAP EPS of $0.19; Adjusted EPS of $0.75, up 19% versus prior year. Their Q2 orders are +8% organically year-over-year, and a record backlog of $11.7 billion, increased 9% organically year-over-year. CEO George...