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And new on Grosvenor's website, individual articles on the first two of these exhibitions:-
"Insights
Grosvenor Technology to Showcase Innovative Security Solutions at The Security Event 2024
Explore our security solutions on stand H/135.
Ben Lagden
Commercial Director
Grosvenor Technology will exhibit at The Security Event 2024, which will be held from 30 April to 2 May 2024 at Birmingham NEC. Attendees can explore our innovative portfolio of security products and technologies by visiting stand H/135. ..."
https://www.grosvenortechnology.com/insights/grosvenor-technology-at-the-security-event-2024/
"Insights
Grosvenor Technology at the First HR Technology Europe
Meet the team on stand 329
Ben Lagden
Commercial Director
Grosvenor Technology is delighted to exhibit its cutting-edge HCM devices at the first HR Technology Europe event, which will be held from 2 to 3 May 2024 at RAI in Amsterdam. ...
How HCM Technology Can Transform Workforce Management ...
Grosvenor’s Commercial Director, Ben Lagden, commented: “HR Technology Europe is the perfect place to demonstrate how Grosvenor Technology solutions are transforming the way companies manage their most valuable asset – their people. We’re excited to help HR leaders worldwide streamline processes and unlock the power of data.” ..."
https://www.grosvenortechnology.com/insights/grosvenor-technology-at-the-first-hr-technology-europe/
New on Newmark's website, details of an impressively active May-June of exhibitions for Grosvenor Technology:-
"Insights
An Eventful Season For Grosvenor Technology
As part of Newmark Security, Grosvenor Technology is gearing up for a busy exhibition season showcasing its industry-leading security and workforce management solutions worldwide. From Birmingham to Amsterdam to Chicago, the Grosvenor team is demonstrating the power of its technology designed to transform workplace operations.
This spring, you can meet key team members at:
• The Security Event 2024 (Birmingham NEC, April 30 – May 2)
• HR Technology Europe (RAI, Amsterdam, May 2-3)
• CIPD Festival of Work 2024 (ExCel, London, 12-13 June)
• SHRM Annual Conference and Expo (Chicago, June 23-26)
What’s Happening At The Shows?
Attendees will experience the simplicity and power of Grosvenor Technology’s solutions, which are designed to enhance workplace security and streamline operations.
Highlights include:
• Integrated HCM Solutions: Discover how Grosvenor’s comprehensive HCM solutions seamlessly optimise workforce management processes, empowering businesses with data-driven insights and control over costs.
• JanusC4 Access Control: Explore the robust and intuitive access control system designed to offer advanced security measures and effortless management for facilities of any size.
• Live Demonstrations: Experience the intuitive functionality of the solutions with live demonstrations and the chance to ask our team any questions.
Technology to Elevate Your Security
Grosvenor Technology’s solutions have been engineered to meet the evolving demands of the modern workplace, providing exceptional capabilities like:
• Advanced Access Control: Control and monitor access with precision, integrating seamlessly with your security systems for centralised control.
• Streamlined Workforce Management: Simplify time and attendance, scheduling, and compliance processes.
• Data-Driven Insights: Facilitate informed decision-making with real-time reporting and analytics.
• Scalability: Adapt and grow alongside your security needs with our flexible systems.
Building strong relationships within the industry is essential to Grosvenor Technology. These events enable collaboration with the people we serve, demonstrating how innovative solutions can be a true asset to their work."
https://newmarksecurity.com/insights/an-eventful-season-for-grosvenor-technology/
Morning all,
Full year end is next week. It has been a long time coming!
Chatting with the CEO back in February she was optimistic of getting the end of year close statement out pretty quickly. Based on previous statements and the analysts report this can be expected to be really bullish. The weakness in sterling will also help our US income.
She expected FY publication of results would be September (when back from the summer break) rather than during. We chatted about the importance of showcasing our results in September given my view that they will look spectacular as the strategy will be fulling playing out (and with UKG dropping out of the numbers).
My view is the momentum YoY will be clear (2H 23 loss verses a 2H 24 £1m+ profit YoY). This should double the share price as forecasts looking forward to FY 25 will highlight a profit range of £2-£3m. On a market value of £8m!
The time clock is an essential component of effective HCM (Human Capital Management), and leaps forward in technology have kicked opened the doors to a revolution in their capabilities ... dovetailing perfectly with a revolution in working practices.
This is the HCM wave crest that Newmark is surfing ... and you have to say with quite remarkable skill and foresight, giving them a market leadership position that would be very difficult to dislodge.
And with many small businesses still tracking employee hours manually, the market opportunity here is huge, to put it mildly.
The massive cost savings - both direct and indirect - that can be achieved by moving to advanced time clocks like Newmark's are simply too big to ignore.
A good example of what a quite wonderful growth sector this is - and globally - is Australian-based Workforce.com.
Workforce.com has grown from an Oz student start-up at QUT (Queensland University of Technology), barely a decade ago, to now serving over 10,000 workforces globally, on six continents:-
"Used by over 10,000 workforces around the world with an average ROI of 456% and up to 80% manager efficiency gain from shift scheduling activities."
https://workforce.com/uk
"How It Got Started..
In 2012, the QUT student association was grappling with an operating loss of over one million dollars with a 100 page union wage agreement, paper timesheets and schedules and a payroll system from the 80's. It managed eighty hourly staff that ran six different campus businesses.
After going to market to purchase a workforce management solution they found not only were the options outdated, expensive with large upfront hardware and costs but most were built for white-collar industries and were not appropriate for the specific requirements of shift employees and management.
The founders of workforce.com, being students and nerds (they are still nerds), decided to build it for free.
Fine-Tuning Operations for Maximum Results
Our approach to workforce success brought about a two million dollar turnaround to the original association within a year, produced 10x the work with a third of the staff and a world record to boot. It’s since brought similar results to the thousands of businesses we’ve implemented, partnered, acquired, or seeded.
With a lack of options, most businesses are stuck using manual workarounds or old, disconnected systems that don’t keep up with modern demands. By making these operations easier, more predictable and efficient we can help keep the ship steady in winds of change whilst increasing the confidence and investment in growth.
The world is run by those who show up and clock in."
https://workforce.com/uk/about-us
"United Nations
World Creativity and Innovation Day
21 April
... On World Creativity and Innovation Day, the world is invited to embrace the idea that innovation is essential for harnessing the economic potential of nations. Innovation, creativity and mass entrepreneurship can provide new momentum towards achieving the Sustainable Development Goals (SDGs). It can harness economic growth and job creation, while expanding opportunities for everyone, including women and youth. It can provide solutions to some of the most pressing problems such as poverty eradication and the elimination of hunger. Human creativity and innovation, at both the individual and group levels, have become the true wealth of nations in the twenty-first century. ..."
https://www.un.org/en/observances/creativity-and-innovation-day
So in conclusion, creativity & innovation like Newmark's is playing a crucial role in driving global economic growth and sustainable development.
While also providing a rich opportunity for top NWT investment returns.
It's a day to celebrate this great British success story, and to be thankful for the opportunity to partake of it, and support it.
This Newmark innovation is also fundamental to its partners' innovation.
E.g. Grosvenor Technology's WorkForce Software partner:-
"The Next Generation of Workforce Management for Employees of Every Generation
We help our customers create employee experiences that unlock new potential for innovation, resilience, and better performance."
https://workforcesoftware.com/workforce-suite/
As acknowledged in this glowing testimonial from WorkForce Software, copied from the GT Clocks website in February 2024:-
"Having the support of the GT Services team, working directly with our engineers that are building the software, has been great, it’s enabled us to really move things at a pace that we wouldn’t have been able to do ourselves."
Jon Olson
Director of Product Management, Workforce Software"
And from the website WorkSync, a brand of Grosvenor Technology's Attendance on Demand software partner:-
"Welcome to WorkSync
WorkSync grew out of Attendance on Demand, a leader in time and labor technology since 2006, and has built upon its legacy with a unique consultative approach to customer success. ...
Innovative
We are continually searching for new ways of doing things — both within our product and in how we serve our customers. We aim to be at the cutting edge of workforce technology. ..."
https://www.worksync.com/about-us/
"Time Clocks
Power your workforce management solution with data collection devices designed to meet the demands of your work environment.
GT8: The Next-Generation Clock Solution
The GT8 offers state-of-the-art time clock technology with multiple convenient scan options for your employees.
• Provide employees with a range of scan options.
• Eliminate risk.
• Maintain productivity and ensure accuracy"
"GT10
The GT10 is a touchless time clock offering robust time and attendance capabilities and facial recognition technology.
Facial recognition removes the need for physical contact when punching in and out, minimizing the spread of illness and reducing employee absences. The GT10 also includes tools to help businesses comply with applicable data storage laws; employees can choose how they want their profiles stored. In addition, the clock enables workers to attest to daily shift or pay period activity and compliance. ..."
https://www.worksync.com/time-clocks/
Note that WorkSync lists GT's GT8 & GT10 time clocks as the first two of the six it lists, and identifies them as the only two with facial recognition technology.
And from the website of WorkSync's owner Attendance on Demand:-
"Our Mission
We are dedicated to being the premier time and labor management engine in the human capital management industry. This means that we’re laser focused — on product innovation, providing solutions for our customers, and creating a rewarding and inspiring workplace for our employees."
https://www.attendanceondemand.com/about-us/
Newmark's creativity & innovation has created an 'embarrassment of riches' ... so here are just a few more snippets, that I haven't posted before ... starting with Grosvenor Technology's exceptional timeclock hardware as a USP & anchor:-
"Time to strike for Newmark Security 'with clock hardware as a key business driver'
Published: 08:12 28 Sep 2020 BST
... He explains how Newmark is differentiating itself from their peers, 'legacy providers of this equipment haven't dedicated the resource that Newmark have done, perhaps some of them don't see the clock hardware as a core business which has created an opportunity for Newmark' resulting in 'fantastic share gains' ..."
https://www.proactiveinvestors.co.uk/companies/news/930088/time-to-strike-for-newmark-security--with-clock-hardware-as-a-key-business-driver--930088.html
"Time clocks that deliver more
Whether it’s a simple ‘punch-in-punch-out’ unit or a feature-rich touchscreen device that includes biometric options that’s needed, GT Clocks has the solution.
Our terminals are robust and resilient, designed to work in even the most demanding environments. And with data security at the core of every device, you can feel confident that compliance is never an issue.
The enhanced reporting and analytics capabilities of our HCM devices can optimize growth and productivity."
http://gtclocks.com/our-products/
"Safe, smart and secure
Driven by industry experience and customer-centric approach, we collaborate closely with our clients to understand their need to deliver solutions they want, when they need them. This is underpinned by living the core values of designed in reliability, collaboration, integrity, quality and ethical business to ensure consistently exceptional results. Moreover, our innovative ideas continue to drive adaptable solutions that cater to the dynamic demands of our ever-evolving world and that has been at the heart of a strategy that has kept us at the forefront of technological advancement throughout the past three decades.
Colin Leatherbarrow
Managing Director
Grosvenor Technology"
https://newmarksecurity.com/about/
"Unwavering commitment to innovation and product testing
Our track record of success stems from our unwavering commitment to innovation and product testing, allowing us to tailor our offerings to precisely meet the unique requirements of our clients. Whether it's a vandal-resistant transfer unit or a comprehensive solution that provides both ballistic and blast resistance, our team possesses the invaluable experience and expertise to guide our clients towards selecting the appropriate security rating for their needs.
Nick Shannon
Managing Director
Safetell Ltd"
https://newmarksecurity.com/about/
Creativity & innovation are in Newmark's DNA: and as a 'rolling' process, as they are never 'satisfied':-
"Our Strategy
Newmark Security is dedicated to addressing the major challenges facing corporations in today’s global security landscape through partnership and innovation. We dedicate significant resources to our R&D to continually stay ahead of the curve and provide the highest level of secure technologies.
As specialists in biometric technology, cloud services, and mobile authentication, we ensure it is our products that are at the forefront of the security industry. ...
Our development team are never ‘done’ ...
We offer a wide range of revolutionary products and services ..."
https://newmarksecurity.com/about/
"Founded to innovate, inspired to revolutionise
Continually delivering expertise"
"What Grosvenor stands for
Our vision is to empower organisations worldwide to unlock the full potential of their workforce. We anticipate a world where everyone feels safe, protected and inspired to excel professionally. Through our innovative solutions, we create an environment where people thrive, organisations prosper, and the boundaries of achievement are constantly pushed."
http://www.grosvenortechnology.com/about/
"Experience Meets Innovation
For nearly 50 years, GT Clocks has been providing Human Capital Management (HCM) solutions. Our success has relied on our continuous innovation, which is driven by our extensive industry experience. GT Clocks is committed to delivering quality solutions and services to our clients."
http://gtclocks.com/about/
"30 Years of expertise and innovation in physical security.
The quality and intelligence your project demands."
https://www.safetell.co.uk/
"What do we value at Safetell?
Integrity
Quality
Teamwork
Innovation ..."
http://www.safetell.co.uk/careers/
"United Nations
World Creativity and Innovation Day
21 April
Creativity and innovation in problem-solving
There may be no universal understanding of creativity. The concept is open to interpretation from artistic expression to problem-solving in the context of economic, social and sustainable development. Therefore, the United Nations designated 21 April as World Creativity and Innovation Day to raise the awareness of the role of creativity and innovation in all aspects of human development. ...
Growth through green innovation
Achieving the 2030 Agenda for Sustainable Development and the 17 SDGs - the most ambitious development agenda in human history – requires both creativity and innovation. Green technologies – those used to produce goods and services with smaller carbon footprints – are growing and providing increasing economic opportunities but many developing countries could miss them without decisive action. Through its Technology and Innovation Report 2023, UNCTAD calls on governments to align environmental, science, technology, innovation and industrial policies."
https://www.un.org/en/observances/zero-waste-day
Today, i.e. World Creativity and Innovation Day 2024, is a day just made for Newmark Security - "The Innovators of Security":-
"The Innovators of Security
For over 25 years, Newmark has empowered organisations to create secure environments for their people.
We design and manufacture physical security products, intelligent access control, timekeeping, and identity management solutions delivered seamlessly through the cloud.
Listed on AIM, we consistently invest in innovation to ensure our technology meets the evolving needs of our blue-chip customers. Operating out of the UK and US, our subsidiaries Safetell and Grosvenor Technology are strategically positioned to capitalise on the rising global demand for security and data protection.
Safe. Seamless. Secure. It’s the Newmark way."
https://newmarksecurity.com/
"Building a Technology Ecosystem: What You Need to Know
... You’re looking for tools that interact seamlessly — that know how to communicate. ..."
"Apple ecosystem
... Privacy is also considered a major perk of the ecosystem, as Apple markets its products with high standards of privacy, sometimes using it as a selling point over competitors. ..."
https://en.wikipedia.org/wiki/Apple_ecosystem
So two key desideratum of a tech ecosystem are seamlessness & data privacy-security.
And these two traits are at the core of Newmark's products-services ethos, as set out right at the top of the company's home page:-
"Safe, Seamless, Secure.
Helping organisations protect human capital in safe work spaces, with secure cloud control of access, timekeeping, and identity data."
https://newmarksecurity.com/
And from Newmark's 2023 final results presentation, Sept. 2023:-
"Safe spaces, Seamless operations, Secure data."
So if the future belongs to ecosystems, then Newmark's prospects must be married to a very powerful momentum:-
From the inside front cover of Newmark's 2023 annual report & accounts, September 2023:-
"Our mission is to protect human capital in safe spaces by creating trusted ecosystems in the workplace using best-in-class security products enabled by SaaS based cloud control and enterprise-class services.
With our 2025 strategy firmly in focus, we continue to take bold steps to achieving our goals, demonstrating resilience to global impacts, a long-term sustainable business model and a strong will to win.
Marie-Claire Dwek, CEO"
https://newmarksecurity.com/wp-content/uploads/2023/06/Newmark-Annual-Report-30-April-2023.pdf
https://newmarksecurity.com/investor-relations/reports-and-presentations/
And from Newmark's September 2023 final results statement:-
26th Sep 2023 7:00 am RNS Final Results
" ... Last year's innovation efforts, in particular the development and adaptation of products and services aimed at generating increasing and new recurring revenues, has produced extremely positive results.
Specifically, the launch of GT Connect has enabled us to begin to realise our vision to create larger trusted ecosystems in the workplace that more broadly connect security device hardware with our secure cloud services, including Bring Your Own Device (BYOD) tablets and third-party products that greatly extend the reach of our solutions.
This key software enhancement enables us to push forward with our strategy, executing with a collective focus to attach services to all our products and this is yielding a dramatic increase in the recurring proportion of our revenues, creating a critical foundation and with much further growth to come. ..."
https://www.lse.co.uk/rns/NWT/final-results-s32ymd0rnewx4w0.html
"The Future Belongs To Ecosystems
... • Coopetition Opens The Door To New Markets: Open solutions enable companies to partner in areas where they would otherwise never be able to play. This allows solutions to expand to new customer bases and new markets, fitting your offering for a new purpose.
Today’s consumers are looking for the solutions that can help them grow, improve and meet business goals and evolving industry dynamics. For example, M&A activity isn’t slowing down, and companies that are open and can easily integrate with other solutions are going to gain a competitive advantage. That’s because end-user organizations don’t want to completely reinvent their systems when one solution they’re using gets acquired. Successful solution providers are willing to integrate and co-mingle their offerings with others to deliver this value.
My company recently introduced the Open Voice Transcription Standard (OVTS), which allows organizations to use their preferred or existing speech recognition vendor within our platform. For example, South Africa has 11 official languages. Organizations in that region — or those expanding there — can easily ingest any language that is relevant to their customers by leveraging local, language-specific vendors. It doesn’t matter to us where that data comes from, just that it’s in the right format. This interoperability isn’t just for our benefit — it’s about helping organizations embrace the power of open enterprise applications.
Another example is the Session Recording Protocol (SIPREC), which is an open SIP-based protocol for call recording. The standard allows copies of phone calls from connected SBCs to be routed to organizations for recording or analytics. Similarly, HTML 5 is a standard that is embraced by browser makers so that third parties can extend the functionality of browsers within a standard so that all browsers can be supported for an application.
These type of standards and protocols are the backbone of today’s emerging and expanding ecosystems.
Successful business ecosystems benefit everyone involved. By expanding products, services and capabilities through cooperation and collaboration, enterprises create solutions based on true customer needs, rather than system availability. Additionally, ecosystems allow organizations to broaden their reach into different markets.
I believe that the future of enterprise technology is rooted in ecosystems. Long gone are the days when vendors could operate in silos. My hope is that more companies will lean into openness — it doesn’t just deliver better solutions for customers; it also opens up previously untapped opportunities for them."
https://www.forbes.com/sites/forbestechcouncil/2021/07/23/the-future-belongs-to-ecosystems/?sh=63492cbc5b2a
"The Future Belongs To Ecosystems
Forbes Technology Council
Jeff Gallino Forbes Councils Member
Forbes Technology Council COUNCIL POST| Membership (Fee-Based)
Jul 23, 2021, 09:10am EDT
CTO and Founder at CallMiner. Responsible for strategic direction across business development, research and artificial intelligence.
In our digitally disrupted world, driving success requires more than developing a strong solution alone. It’s not only what your product can do, but also who you partner or integrate with. After all, having agile, responsive and open technology is crucial to gaining and keeping a strategic advantage.
The walled garden of monolithic, enterprise offerings is simply too siloed in this environment of broad choices. The future of business belongs to ecosystems.
Open solutions, capable of interacting and interoperating with multiple vendors and third parties, allow for the creation of new ecosystems. I consider an ecosystem an interacting network of providers, suppliers, distributors and competitors that understand the value of and are committed to interoperability. When an ecosystem thrives, it’s because its shareholders streamline the flow of data, services, ideas or capital.
This enables organizations to select the product or solution that works best for their unique needs, without worrying whether it will negatively impact other technology investments. When products or solutions work seamlessly together in a technology stack, it enables organizations to be more innovative and successful.
When most people think of technology ecosystems today, companies like Google and Amazon come to mind. They’re establishing what I call a DIY ecosystem — they supply the components and frameworks, and others (like Solution Integrators) put it together for enterprises or enterprises do it themselves.
But ecosystems are more than DIY. We’re also seeing emerging technology ecosystems that encompass complementary and even competing solutions, all working together to make it easier for organizations to use and benefit from a diverse tech stack.
Technology ecosystems make the following scenarios possible:
• Creates Stickier Solutions: It all comes down to choice, and people want it their way. By interoperating with a range of competing and non-competing technologies, you create new opportunities for wider target buyers who are interested in purchasing just a slice of the workflow at the enterprise level. Open solutions allow this a-la-carte approach, so customers of all sizes can benefit from a particular product without leaving their current ecosystem.
• Lowers The Barrier For Entry: The power of open source levels the playing field for companies both big and small. It offers a neutral environment that fuels and allows companies to innovate and evolve. ..."
https://www.forbes.com/sites/forbestechcouncil/2021/07/23/the-future-belongs-to-ecosystems/?sh=63492cbc5b2a
From the HubSpot.com website:-
"Building a Technology Ecosystem: What You Need to Know
Learn More About HubSpot Operations Hub Software
Luna Campos Published: October 31, 2023
Your technology ecosystem is an indispensable part of daily business operations. You already know that no single app or platform can comprehensively address all organizational needs. That’s where the technology ecosystem comes into play. Think of your technology ecosystem as the fundamental infrastructure of your business operations ...
What is a technology ecosystem?
The term “technology ecosystem” can mean multiple things. If you Google it, you’ll probably come across a variety of definitions. The term can describe the tech scene in a physical location, like London or San Francisco. Or, in the context of this article, a technology ecosystem is the collection of tech solutions a company uses to run its business, and how these solutions connect with each other. This is the definition we’ll be working with here.
The reason we call it an ecosystem — as opposed to just “collection of apps” or “app stack,” for example — is because the term “ecosystem” describes not only what tools you’re using, but also how they interact with one another. The term “ecosystem” was first used in the field of ecology to describe a community of living organisms, factors, and elements — such as plants, animals, soil, climate, etc. — and how every one of these elements are linked together.
That same principle can be applied to your technology ecosystem: The key is to figure out how all the elements in it work together. The most successful technology ecosystems are integrated in real time, enabling you to build more functionalities onto your core tools and expand its uses. You’re looking for tools that interact seamlessly — that know how to communicate. Ultimately, that communication translates to effective collaboration between different departments in your organization.
For example, let’s say you run an online pet supplies store. You sell things like pet food, treats, toys, beds, accessories, cat litter, dog harnesses, etc. You likely need an ecommerce tool to run your business, as well as a payment gateway to process customer payments, an accounting tool to keep track of your business finances, an email marketing app to send out newsletters, a CRM tool as a database for your customer data … and the list goes on. These tools are all part of your company’s technology ecosystem. ...
Your business needs are what matter most.
The best apps and integration for you won’t necessarily be the most popular, expensive, or comprehensive ones. Make sure to adjust your tech ecosystem until it fits you just right, and it will help you exceed your goals and boost your performance. With the right apps for you and the right integrations between them, you’ll be in the best position to run your business as smoothly as possible."
"Why Warren Buffett invested in Apple - and it’s still paying off
Published 3 November 2023
Tom Stevenson
Fidelity International
... Three years ago, in an interview with Yahoo, Buffett said of Apple: “I just think of the utility of those products to an ecosystem that is demographically terrific and finds that instrument useful dozens and dozens of times a day. It’s almost indispensable, not only to individuals, business, I mean, everything.” ..."
https://www.fidelity.co.uk/markets-insights/investing-ideas/investing-ideas/why-warren-buffett-invested-in-apple-and-its-still-paying-off/
"Apple ecosystem"
"From Wikipedia, the free encyclopedia
The Apple ecosystem is a term used to describe Apple Inc.'s digital ecosystem of products, including the iPhone, iPad, Apple Watch, HomePod etc.[1] It is often praised for its seamless integration and optimization between various networks of devices, software and services,[2] and is largely emphasized by Apple's focus on privacy,[3][4] but criticized for its closed system and lack of consumer control.[5][6]
Apple products often unlock extra features when paired with other Apple products, as opposed to alternatives.[7] Privacy is also considered a major perk of the ecosystem, as Apple markets its products with high standards of privacy, sometimes using it as a selling point over competitors.[8][9][10][11]
"Walled garden"
See also: Closed platform
Apple's ecosystem is often described as a walled garden.[12][13] While peripherals such as AirPods, HomePods and AirTags integrate complementarily into the ecosystem, with products such as the iPhone, it does not function as well or with as many features with competitive devices such as Android smartphones.[7] Also, it is not easy to switch from the ecosystem once users have immersed themselves into it, as it is designed to keep users from leaving.[5][6]"
https://en.wikipedia.org/wiki/Apple_ecosystem
So Warren Buffett was attracted by Apple's digital-technological 'ecosystem' ... and has been rewarded handsomely for his insight.
Which suggests that such 'ecosystems' can be a very good business model for investors to look out for.
(N.B. This type of technology products-services ecosystem is distinct from a technology business-investment ecosystem - the latter being e.g. a network of organisations and individuals involved in funding development-stage tech companies.)
And secondly, Newmark is taking a leading role in helping OTHERS to reduce their carbon footprints.
From February 2020, re Grosvenor Technology:-
"... We build products that last and platforms that can reduce a building’s energy consumption. ...
For all products we carefully consider how power consumption can be minimized during the design, influencing the choice of components and architecture. ... we have a strong track record of maintaining compatibility with our legacy products so as software moves on there is no necessity to replace existing hardware. ..."
Newmark also has a 'repair-not-replace' ethos for autodoor servicing:-
26th Sep 2023 7:00 am RNS Final Results
" ... Our record in repairing and upgrading customer doors rather than replacing them has continued to be an advantage. ..."
https://www.lse.co.uk/rns/NWT/final-results-s32ymd0rnewx4w0.html
And automatic doors are also an intrinsically more sustainable option, for several reasons:-
"WHY AUTOMATIC SLIDING DOORS ARE GOOD FOR COMMERCIAL PROPERTIES?
... A sustainable solution ...
Glazing options ...
Open up your space ...
Enhance natural light ...
Compact operation ..."
https://insights.safetell.co.uk/why-automatic-sliding-doors-are-good-for-commercial-properties
In addition, Newmark's products and services in general also promote overall efficiency and productivity:-
"But we don’t just stop at security. We understand that every business seeks to create an environment in which it can operate more efficiently and with greater levels of productivity. That’s why we strive to provide our clients with smart, safe, and secure workspaces that not only protect their people and assets, but also promote efficiency and productivity."
https://newmarksecurity.com/about/
Including from the advanced data insights provided by its access control and HCM (human capital management) systems:-
"This trend aligns with the broader growth of big data analytics, illustrating the increasing need for solutions that go beyond securing doors to providing operational insights."
http://newmarksecurity.com/insights/security-trends-to-watch-in-2024/
"The enhanced reporting and analytics that our HCM devices provide allow an organisation deeper insight into the aspects of their business that support strategic growth."
http://www.grosvenortechnology.com/human-capital-management/
In conclusion, Newmark has very long-standing and strong commitment to sustainability, both for itself and for enabling others, and it looks to be an absolute exemplar in its commitment to green best practice.
And as such it should be a top choice for investors seeking great investment returns while supporting net zero objectives.
"Safetell Commits to Carbon Reduction with Achilles Certification
... Safetell is currently participating in the Achilles Carbon Certification Programme, a global initiative that helps businesses reduce their carbon footprint and improve their sustainability performance.
Focusing on areas such as energy efficiency, renewable energy, waste management, and transport, the benefits of the certification include improved operational efficiency, reduced costs, improved public perception, and improved brand reputation.
Specifically, the programme aids businesses in the following ways:
• Measuring greenhouse gas emissions
• Managing and reducing emissions at the source
• Verifying inventory
• Mitigating carbon footprints
The Achilles Carbon Certification Programme also helps organisations to meet their environmental targets, increase their competitive advantage and gain recognition for their sustainability efforts. ...
Customer relationships
One of the primary benefits of carbon reduction for businesses is improved customer relationships. Customers are more aware than ever of the environmental impact of businesses, and want to work with companies taking steps to reduce their carbon footprint. By reducing carbon emissions, we are signposting our commitment to a cleaner environment and our status as a responsible partner and supplier.
In addition to improving customer relationships, reducing a business’s carbon footprint can also help to attract new businesses. Companies wanting to partner with new vendors often look for those who share their commitment to sustainability. By reducing their carbon footprint, we are not only demonstrating their commitment to the environment, but also our commitment to responsible decisions.
We’re also seeing a commitment to carbon reduction becoming a vital part of the tendering process. Private and public businesses understand how important reducing carbon footprints is, so we increasingly have to demonstrate our commitment to carbon reduction when bidding on new projects.
Saving money and energy
Carbon reduction is an important method for businesses to reduce their energy use and save money ..."
http://newmarksecurity.com/insights/safetell-commits-to-carbon-reduction-with-achilles-certification/
So what part is Newmark playing in this 'green revolution'?
Well firstly, Newmark is taking a leading role in reducing its OWN carbon footprint.
From February 2020, re Grosvenor Technology:-
"... Fundamental to the system architecture design of any product is the ability to monitor, diagnose and remedy issues remotely. This reduces and offer negates the need for unnecessary engineer site attendance and related carbon emissions. ...
With both staff and customers throughout the world, travel is an inevitable part of doing business. As well as choosing rail travel where possible, we have recently invested in improved online business communication tools further reducing fossil fuel consumption.
... We have recently launched an internal project to investigate energy efficiency at every level within our business. We are reviewing all vendors and analyzing the footprint of our entire supply chain. Finally, for now, we are researching an offsetting program connected to our industry and would welcome engagement from local organizations looking for support in this endeavor."
And from the spring of 2023:-
"Insights
Safetell Commits to Carbon Reduction with Achilles Certification
Newmark Security is taking a leading role in reducing its carbon footprint, with its subsidiary business Safetell committing to the Achilles Carbon Certification Programme.
As the world becomes more interconnected, businesses are increasingly evaluated on their sustainability approach and Corporate Social Responsibility (CSR). Once something of a fringe consideration, they have become a primary focus for companies to remain competitive, attract and retain talent, drive innovation, and build brand loyalty.
Newmark Security knows how important it is to implement and maintain high standards of CSR and always looks at how we can be in constant improvement mode regarding sustainability. That runs throughout the whole business, right from the leadership of Newmark to our subsidiary businesses, Safetell and Grosvenor Technology. ..."
http://newmarksecurity.com/insights/safetell-commits-to-carbon-reduction-with-achilles-certification/
On International Day of Zero Waste 2024, it's worth reflecting on the huge investment implications of the move towards net zero.
And on the impressive 'Nwt zero' part that Newmark is playing in this process.
From Hargreaves Lansdown "Investment Times", Issue 157 - winter 2023-2024:-
"The mega-trends driving 2024 and beyond"
"Transition to net zero
Net zero is going to drive a lot of investment. Whether we reach it or not, there's enough legislation in place already in major economies to ensure that a lot of things are going to change.
Power generation is decarbonising, which means new grids must be built. Total generation capacity needs to rise to allow electricity to replace fossil fuels from transport systems.
We'll need vast amounts of minerals and metals to enable electrification. There are legitimate questions as to whether this is physically possible with the resources we currently have. And battery technology needs to make some huge leaps before it can enable renewables to truly fulfil the central role they must play in a decarbonised economy.
Every industrial process, every day-to-day activity will need to be re-engineered to reduce energy intensity and material consumption to even get close to net zero.
These are huge challenges, but present huge opportunities.
As carbon intensity falls, efficiencies will rise, which has never been a bad thing for business. Of course, there will be losers along the way. Carbon pricing will punish the inefficient and create competitive advantage for the best of breed players in every sector.
Insulating portfolios from carbon pricing is a core challenge for funds. Our focus on capital-light, IP and technology-rich businesses in the HL Select portfolios means they have below average carbon intensity, which should stand us in good stead".
[N.B. The H.L. article identified just three mega-trends, with net zero being the first. The other two were artificial intelligence (AI) and more technology on the road.]
"United Nations
International Day of Zero Waste
30 March
Addressing the waste crisis
Humanity’s unsustainable production and consumption practices are driving the planet towards destruction.
Households, small businesses and public service providers generate between 2.1 billion and 2.3 billion tons of municipal solid waste every year – from packaging and electronics to plastics and food. However, global waste management services are ill-equipped to handle this, with 2.7 billion people lacking access to solid waste collection and only 61–62 per cent of municipal solid waste being managed in controlled facilities. Humanity must act urgently to address the waste crisis.
The second annual International Day of Zero Waste highlights both the critical need to bolster waste management globally and the importance of sustainable production and consumption practices. It celebrates zero-waste initiatives at all levels, which contribute to the advancement of the 2030 Agenda for Sustainable Development.
Bolstering waste management and upstream solutions
Improving collection, recycling and other forms of sound waste management remain an urgent priority.
But to solve the waste crisis, humanity must treat waste as a resource. This entails reducing waste generation and following the lifecycle approach. Resources should be reused or recovered as much as possible, and products should be designed to be durable and require fewer and low-impact materials. Upstream solutions like these can minimize pollution of air, land, and water and decrease the extraction of precious and limited natural resources.
Achieving zero-waste societies requires action at all levels from all stakeholders.
Consumers can change consumption habits and reuse and repair products as much as possible before properly disposing of them. Governments, communities, industries and other stakeholders must improve financing and policymaking, especially as the waste crisis disproportionately impacts the marginalized, urban poor, women and youth. ..."
https://www.un.org/en/observances/zero-waste-day
"Only after the last tree has been cut down.
Only after the last river has been poisoned.
Only after the last fish has been caught.
Only then will you find that money cannot be eaten."
Cree prophecy
"United Nations
International Day of Happiness
20 March
What is the International Day of Happiness?
It’s a day to be happy, of course! Happiness is a fundamental human goal. The United Nations General Assembly recognizes this goal and calls for “a more inclusive, equitable and balanced approach to economic growth that promotes the happiness and well-being of all peoples.”
Governments and international organizations should invest in conditions that support happiness by upholding human rights and incorporating well-being and environmental dimensions into policy frameworks, such as the 17 Sustainable Development Goals. The effectiveness of governments in upholding peace and social order, as well as in the fields of taxation, legal institutions and delivery of public services, strongly correlates with average life satisfaction.
The United Nations invites each person of any age, plus every classroom, business and government to join in celebration of the International Day of Happiness. ..."
https://www.un.org/en/observances/happiness-day
"Nations Unies
Journée de la langue française
20 mars
Le 20 mars, l'ONU célèbre la Journée de la langue française
Les Journées des langues aux Nations Unies ont été introduites en 2010 pour célébrer le multilinguisme et la diversité culturelle. ..."
https://www.un.org/fr/observances/french-language-day/
Bang a gong! - It's TWO special UN international days today!
So sensibly, I will try to (New)Mark BOTH of them:-
VOULEZ-VOUS COMPRA NEWMARK AVEC MOI?!
ABBA - "Voulez-Vous"
https://www.youtube.com/watch?v=65k36nvwbYA
Captain Sensible - "Happy Talk"
https://www.youtube.com/watch?v=MPt8uTX9loY
TIKTOK IN AMERICA: 'THE TIME CLOCK IS TICK TOCKING'
"US House passes bill that could ban TikTok nationwide
4 days ago
By Bernd Debusmann, Matt Murphy & Natalie Sherman
BBC News, in Congress, Washington DC & New York
The US House of Representatives has passed a landmark bill that could see TikTok banned in America.
It would give the social media giant's Chinese parent company, ByteDance, six months to sell its controlling stake or the app would be blocked in the US.
While the bill passed overwhelmingly in a bipartisan vote, it still needs to clear the Senate and be signed by the president to become law.
Lawmakers have long held concerns about China's influence over TikTok.
TikTok is owned by Chinese company ByteDance, founded in 2012. ...
Mike Gallagher, a Wisconsin Republican who co-authored the bill, said the US could not "take the risk of having a dominant news platform in America controlled or owned by a company that is beholden to the Chinese Communist Party".
Chinese companies are subject to a national security law requiring them to share data with the government on request. ..."
https://www.bbc.co.uk/news/world-us-canada-68556540
So similar to Martyn's Law in the UK, national security concerns should also help NWT's HCM (human capital management) business in the USA:-
dab808 Posts: 235 Price: 92.50 No Opinion
RE: Buffett: He Says HeSaaS 12 Mar 2024 11:59
"... The software and clocks approach with licences was the game changer ... The reseller model here is our big play, distribution is coming from partners confident in the product. It does the job and partners and customers are happy. Disruption is also hard (particularly as the Chinese product isn't liked in the US)..."
https://www.lse.co.uk/ShareChat.html?ShareTicker=NWT&share=Newmark-Security
The American moves against TikTok should magnify US wariness of Chinese tech in general, especially that involving sensitive data, like modern time clocks.
Far from paying to have a Chinese alternative, many US companies might prefer to pay NOT to have it, in view of the potential risks: including potential future regulation that could hit it.
This further reduces the risk of commodification.
And the fact that Grosvenor Technology is a British company must be a particular advantage in their American expansion.
Especially as the British-American 'Special Relationship' has been underscored recently by the combined UK-US military actions to combat Houthi attacks in the Red Sea.
In addition, Americans tend to view British hardware as a mark of quality ... rather like we Brits view Swiss watches, Belgian chocolates, etc.
"Delivering confidence in business intelligence
... With leading global businesses trusting Grosvenor Technology to manage and maintain even the most sensitive data, you can be confident that your tech can support operational control needs. ..."
http://www.grosvenortechnology.com/human-capital-management/
MARTYN'S LAW: THE CLOCK IS TICKING
"Open consultation
Martyn's Law: standard tier consultation
From: Home Office
Published 5 February 2024"
"Summary
We are consulting on the requirements imposed on standard tier premises under the Terrorism (Protection of Premises) Bill.
This consultation closes at
11:59pm on 18 March 2024"
https://www.gov.uk/government/consultations/martyns-law-standard-tier-consultation
"Protect Duty Update
Statement made on 5 February 2024"
"Statement made by
Tom Tugendhat
The Minister of State for Security
Conservative"
"... The Government reaffirmed its commitment to introduce this important piece of legislation in the King’s Speech on 7 November 2023.
" ... Following an 18-week public consultation on proposals in 2021, the Government confirmed its intention to bring forward the Bill in December 2022. To ensure the measures can meaningfully enhance public safety whilst remaining proportionate, we requested the Home Affairs Select Committee (HASC) conduct pre-legislative scrutiny of the draft Bill, which was published in May 2023. ..."
https://questions-statements.parliament.uk/written-statements/detail/2024-02-05/hcws240
"Martyn’s Law: Safeguarding public spaces with comprehensive security"
https://newmarksecurity.com/insights/martyns-law-safeguarding-public-spaces-with-comprehensive-security/
"Martyn’s Law and Access Control – Being Ready for The Terrorism (Protection of Premises) Bill"
https://www.grosvenortechnology.com/insights/martyns-law-and-access-control-being-ready-for-the-terrorism-protection-of-premises-bill/
"The Impact of Martyn’s Law/Protect Duty on UK Businesses
28 June, 2023"
http://www.safetell.co.uk/insights/the-impact-of-martyns-law-protect-duty-on-uk-businesses/
"Care Begins At Home With Grosvenor Technology
... Access control is now integrated with Lynwood’s fire system and automatic doors, and the centre will also be taking advantage of enhanced security via the escorted guest feature, whereby staff swipe cards control visitors’ access.
“Lynwood’s previous experience of access control had left a fairly bitter taste. Now, thanks to Grosvenor Technology, residents and their families are secure in the knowledge that the access control on offer mirrors the state-of-the-art building. The Lynwood team is confident that the system is easy and intuitive to use, and that it is backed up by Grosvenor’s excellent aftercare support.”
– Andrew Wylie , Senior Account Manager, FTL"
https://www.grosvenortechnology.com/industry-solutions/care-begins-at-home-with-grosvenor-technology/
In addition, Grosvenor's state-of-the art time clocks terminals can cater for disabled people much better than older options.
Manual paper time cards in particular can be very challenging for visually impaired persons.
It all adds up to NWT being the best listed disabled access play that I am aware of.
And this is a need that is only going to increase with our ageing population.
McCarthy & Stone, the (unlisted) retirement housing company, shows what a great business area this can be:-
"... in 1977 they built their first retirement housing development in Hampshire. Subsequently they ceased other building work to concentrate on developing specialist housing for elderly people.[3] By 1982, when the company was floated on the Unlisted Securities Market, the company had completed 15 retirement housing developments and was selling around 200 units a year.[4] Growth was rapid after the flotation, and by 1984 the company operated on a national basis with annual sales approaching 1,000 units. The business was exceptionally profitable due to a rapidly ageing population.[3] Annual sales reached 2,601 units in 1988.[3]"
https://en.wikipedia.org/wiki/McCarthy_Stone
And the ESG (environmental, social, and governance) investing trend means that strong investment demand is likely to match the strong business demand.
And Safetell's work in combining accessibility with security is complemented by Grosvenor Technology's excellent access control provision and support:-
"Case Study | Healthcare
Care Begins At Home With Grosvenor Technology
Lynwood's new Access Control system can be easily managed through a browser on any PC on Lynwood’s system and integrates with their fire and automatic door systems.
Ensuring the safety of people and premises lies at the heart of any access control system. But personal safety is even more important when the building is home to older people and those with additional health needs.
BEN is a UK charity for those who work, or have worked, in the automotive industry. As well as providing support and advice for families in need, BEN also provides home away from home care in four locations across the country, including the state-of-the-art Lynwood Care Centre in Ascot, Berkshire.
Although Lynwood residents were enjoying brand new facilities, staff and managers at the centre were concerned the security that had originally been installed wasn’t fit for purpose. They invited security experts from FTL Secure Solutions and Grosvenor Technology, who identified that access control could be both improved and simplified. Locks had been poorly installed, break glasses were missing and most importantly, the system wasn’t networked – meaning that every time access procedures changed, 30 keypads had to be individually re-programmed.
Access control is extremely important to the staff at Lynwood, who needed a failsafe way of making sure that patients feel safe and secure; while ensuring that access for staff, families and visitors is comprehensive and stress free. The Lynwood Centre has 96 beds and 69 apartments and offers facilities for patients with dementia, physically disabled younger people, respite and day care, and rehabilitation services, as well as residential nursing care – so sees a diverse range of staff and visitors on a daily basis.
“Access control is largely in the hands of nursing staff,” explains Andrew Wylie of FTL. “Understandably, their priority is Lynwood’s residents, and they aren’t security experts, so they needed a security solution that would take less time administering and securing – so they could spend more time caring.”
Lynwood now benefits from one of Grosvenor Technology’s access control systems, which FTL didn’t hesitate to recommend for the Centre. The system is 100% browser based, so the facility is now networked and can be controlled by the Lynwood team using a PC. The hardware is also quick and easy to install and doesn’t require dependency on IT specialists. ..."
https://www.grosvenortechnology.com/industry-solutions/care-begins-at-home-with-grosvenor-technology/
"Met Police
Safetell Strengthens Security Measures for Metropolitan Police
The Metropolitan Police, the largest police force in the UK, has a crucial role in maintaining public safety and security. With hundreds of staff, visitors, criminals, and members of the public passing through its branches every day, the MET needs a versatile and high-standard approach to physical security and staff protection.
When a large MET branch in West London required a security upgrade that would create a high level of security while still maintaining a warm and accessible environment, they appointed Safetell as the security specialist for the project.
Challenge
The branch wanted to create an environment that was more open-plan and less threatening than standard police stations while simultaneously enhancing access per the Equality Act 2010. However, as a highly-trafficked police station dealing with members of the public, including victims of crime and dangerous criminals, security was of the utmost importance. It was up to Safetell to implement safety solutions that would not compromise the accessibility of the space nor the safety and security of the staff and public.
Solution
Safetell created and installed a bespoke version of their moving security shield, CounterShield, an accessible interview room counter, security doors equipped with door automation and manual attack-resistant glazing that would enable officers to adjust the level of security in the building as required.
Outcome
The dedicated interview room, constructed using Countershield and Swing Door Automation, allows users to enter the room and open the door with the push of a button. The interviewer is able to control the security level inside by raising or lowering the manual attack-resistant CounterShield and securely locking the door at will.
The flexibility of the security solution allows staff at the police station to create a more open and accessible police environment without negatively impacting or compromising the level of safety in the building. ..."
http://www.safetell.co.uk/case-studies/safetell-strengthens-security-measures-for-metropolitan-police/