The Security Solutions Industry is growing at an accelerating pace in the global scenario. As compared to few years back, the industry has shown considerable growth. However the industry is still in a nascent stage. There are few players in this segment – Honeywell being the leader in majority of the business segments.
Security Solutions finds market in business areas like Defense, Government, Commercial and Transportation, with Government still being the biggest buyer. Hence, it is high in cost and low in after sales service. Thus for companies like Honeywell, there is ample room for growth. Moreover, Security Solutions is migrating from a Security Provider to a Total Integrated Security Solution Provider. Gone are the days when Burglar Alarm, Fire Alarm and Video Door Phones used to be the only modes of security providers. Today, Security Solutions companies provide security from Fire Alarm to Perimeter Fencing, Video Door Phone to Access Control, Biometrics to Burglar Alarm, Tracking to Video Surveillance or a gamut of all these products – an integration of services. Typically, there are products like Close Circuit Television (CCTV) Access Control, Biometrics, Intelligence Systems, Police Products, Perimeter Fencing, Tracking and a cohort of others. The Security Solution companies integrate and customize these products and services for its clients. However, there are a number of OEMs also who sell only the products.
Well-established companies are opting for total security solutions. This helps them not only in protecting their assets in the long term, but also to utilize it efficiently. These products and services can be integrated and customized for its clients – according to the requirement or usage. Software Security finds huge buyers amongst the IT players.
[...] The building solution, industrial solution and control products are expected to grow at & respectively in the domestic market. Of the company's gross sales of $ 70.5 million in FY04, the company has 51% from industrial solutions from building solutions from remote engineering and embedded design services and 10% from control products. TRENDS IN THE AUTOMATION BUSINESS The business trend in automation is that solutions are moving from a pure hardware based model to a web enabled business model. While consolidation is enabling economies of scale and increasing client base, there is also a lot of focus on outsourcing. [...]
[...] was established in 1988 and today enjoys the position of a leader in the Automation and Control Industry. It provides solutions to the industrial sectors that drive the nation's growth such as Airport, Automotive, Cement, Commercial Complexes, Fertilizers and Chemicals, Food and Beverages, Home, Hotels, Hospitals, Industrial Buildings, Infrastructure and Utilities, Mining, Oil and Gas, Pharmaceuticals, Pulp and Paper, Petroleum & Petrochemicals, Chemicals, Metals & Minerals and Power generation. It has an enviable track record of pioneering projects in core Industrial Automation and Intelligent Building Control Systems. [...]
[...] In the event of an outbreak of fire the following typical actions are performed by the system Broadcast alarm tone/voice messages through emergency voice evacuation system Actuate dampers for smoke control Switch off AHUs to prevent spreading of smoke to adjacent areas Recall of elevators to zero level for assisting fire fighting personnel Honeywell offers intelligent analogue addressable fire alarm system and conventional fire alarm system solutions. Intelligent analogue addressable fire alarm system provides individual addressing of each detector by the control panel to enable pinpointing of the fire source. [...]
[...] Reduction Cell analysis of field returned boards planning, procurement and deliveries Honeywell import order management Coordinate with Logistics Cell Inventory & Stores Management Learning & Development for the group Cost to Serve reduction by way of better benchmarking practice Better Customer and channel partner relationship Delivery Error free ordering Cost Monitoring Inventory Control (In terms of Inventory Turns) Cost Savings (Import as well Local Buy outs and Freight) Timely MIS Learning & Development of team Inventory Control (In terms of Inventory Turns) Consumption of Slow moving Inventory Cost Monitoring Learning & Development of team Timely MIS Line set up for new product lines NPI Chain for Products and Channel Partners. [...]
[...] Interfacing the Access Control System on LAN/WAN, central monitoring and single database of people working in multi-locational facilities is possible. For small and medium installations, Honeywell provides standalone Access Control System with proximity card readers, door control modules and controllers utilizing the power of Lon Work's net working technology. This product range is offered through a dedicated group within the company called ' Total Security Solutions'. Close Circuit TV System Honeywell offers the complete range of video surveillance system with CCTV cameras positioned in strategic locations The surveillance system consists of cameras, lenses, multiplexers, switchers, monitors, time-lapse recorders, & other accessories. [...]
APA Style reference
For your bibliographyOnline reading
with our online readerContent validated
by our reading committee
