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News You Can Use to Plan 2012

A review of 2011 headlines to help you move forward in 2012.



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For better or worse, we can finally close the books on 2011. The year that began like a lion with the roar of revenue renewal ended like a lamb limping to keep pace in a listless economy. As we look onward and hopefully upward in the New Year, remember the axiom, past performance is no guarantee of future results. Whether or not last year was successful for your business, you must remain as dogged as ever in order to prosper in 2012.

To help your cause, SSI’s Industry Forecast Issue provides keen observations and advice from a large cross section of security’s sharpest minds. This includes Managing Editor Rodney Bosch’s CEO roundtable summit held during November’s First Alert Professional Convention and my compilation of authoritative opinions in the 2012 Industry Forecast.  

While the onset of a New Year typically brings fresh perspectives and optimism, albeit likely more cautious than ever, the next 12 months will not occur in a vacuum. The challenges, trends and opportunities that define 2012 will at least to some extent have taken root during previous years. Hence the saying, hindsight is 20-20.

This brings us to the top 10 viewed news stories on SSI‘s Web site during 2011 (see list below). I’ll leave it to the reader to draw conclusions and theorize the ramifications of these items. What I will do is dig a bit deeper to point out 15 other stories that flew lower on the radar but I believe are extremely telling.

Installation & Monitoring

Industry takes a beating in mainstream media, but there are plenty of positive stories out there.

The economy wasn’t the only thing wreaking havoc as severe weather also took its toll.

Municipal monitoring heated up, but collaborating with alarm industry showed promise in Houston.

Progressive and aggressive residential security provider continues to push into new areas.

A parade of telecom and cable operators expanded into security and intensified competition.

A year after acquiring P1, CEO Tim Whall had revamped the commercial side of the business.

Manufacturing

What would have been the biggest transaction of 2011 fizzled, but it may not be dead yet.

UTC continued to shuffle its fire and security business in the wake of the GE Security acquisition.

Industry leader known for stability saw JoAnna Sohovich depart after just 15 months on the job.

Recession effects remained with layoffs at leading firms like Cisco and Schneider Electric (Pelco).

Famous brand that had targeted alarm business dissolves dealer program and sells off interests.

Technology

While many in physical security tout the “cloud,” it could be ushering in a new level of risk.

Although slowed by the recession, IP remains destined to dominate the surveillance space.

Near-field communications (NFC) drew notice as a way to make the smartphones an access card alternative.

Physical security information management has become one of the industry’s fastest growing areas.

Top 10 Viewed News of 2011

 

 


Article Topics
Business Management · Between Us Pros · Top 10 · Year-End Roundup · All Topics

About the Author
Scott Goldfine
Scott joined SECURITY SALES & INTEGRATION in October 1998 and has distinguished himself by producing award-winning, exemplary work. His editorial achievements have included blockbuster articles featuring major industry executives, such as Tyco Electronic Products Group Managing Director Gerry Head; Protection One President/CEO Richard Ginsburg; former Brink’s Home Security President/CEO Peter Michel; GE Interlogix President/CEO Ken Boyda; Bosch Security Systems President/CEO Peter Ribinski; and former SecurityLink President/CEO Jim Covert. Scott, who is an NTS Certified alarm technician, has become a respected and in-demand speaker at security industry events, including presentations at the Central Station Alarm Association (CSAA) Annual Meeting; California Alarm Association (CAA) Summer and Winter Conferences; PSA Security Network Conference; International Security Conference and Exhibition (ISC); and Security Industry Association (SIA) Forum. Scott often acts as an ambassador to mainstream media and is a participant in several industry associations. His previous experience as a cable-TV technician/installer and running his own audio company -- along with a lifelong fascination with electronics and computers -- prepared Scott well for his current position. Since graduating in 1986 with honors from California State University, Northridge with a degree in Radio-Television- Film, his professional endeavors have encompassed magazines, radio, TV, film, records, teletext, books, the Internet and more. In 2005, Scott captured the prestigious Western Publisher Maggie Award for Best Interview/Profile Trade for "9/11 Hero Tells Tale of Loses, Lessons," his October 2004 interview with former FDNY Commander Richard Picciotto, the last man to escape the Ground Zero destruction alive.
Contact Scott Goldfine: sgoldfine@ehpub.com
View More by Scott Goldfine
Between Us Pros, Top 10, Year-End Roundup


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