Leading Security Companies Increase Market Share, IHS Market Says
The combined security equipment and services market was estimated to exceed $123 billion in 2015.
The combined security equipment and services market was estimated to exceed $123 billion in 2015.
President Tony Byerly says the industry welcomed the former Diebold Security with open arms and talks about the company’s transition.
Securitas introduces new Securitas Electronic Security (ES) branding, the result of several months of transition to integrate the security expertise of Diebold Security with the brand recognition of Securitas.
Alf Goeransson says new and improved security solutions will help the Swedish security-services giant lower costs for both customers and other providers.
Ina Staris is the newly appointed vice president, legal, general counsel and secretary. Pete Straka assumes the role of vice president of human resources.
In North America, Securitas posted sales of $3.7 billion in 2015, a rise of 24%, which exceeded market expectations.
Publicly-traded electronic security companies had mostly dreary returns during 2015, ending a six-year run of outperforming the S&P 500.
Byerly was the executive vice president of Diebold Global Electronic Security for the past three and a half years.
Diebold is an electronic security provider of intrusion, fire, video, access control and systems integration services.
The combined firm will operate under the Iverify corporate name, and will continue to keep Trans-Alarm Security Services’ Minnesota facility fully operational.