Firering Strategic Minerals: From explorer to producer. Watch the video here.
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Started: Hedgehog100, Today 17:21
Last post: Hedgehog100, Today 17:29
"The Basics Of Access Control
... Technical Support and Training
If you’re looking to add a new system to your offering, then factoring in the learning curve it presents is important – after all, you need to be sure you’ll have all you need to be confident in the field. Many access control manufacturers offer training, but not all training is equal – is it a link to a few online videos, or is there a person you can direct questions to? Is it free, or is there a cost?
The same goes for technical support. We all know the frustrations of call centres, and having UK-based tech support is another thing you need to check for.
While installers may use the training and technical support more than an end-user of an access control system, these things will still affect users. Whether it’s a call to tech support from an end-user or an installer, knowing the time zones, language and comprehension of the product are all assured makes everything much simpler.
Grosvenor Technology: 30 Years of Access Control
JanusC4, Grosvenor Technology’s proprietary access control system, is used by organisations all over Europe. The hardware was designed to be as fast and reliable as possible, while the software makes integration with your security systems simple, delivering a 365 approach to building safety.
Beyond the physical product, our training is free and delivered by our in-house access control trainer. Our technical support is located in Dorset, and we provide fast response times.
If you’re considering investing in access control, you’re looking to upgrade an outdated system, or you want to add an exciting and innovative system to your offering, then it’s worth a conversation to see how JanusC4 can meet your requirements.
Just get in touch with the sales team to arrange a call."
https://www.grosvenortechnology.com/insights/the-basics-of-access-control/
"The Basics Of Access Control
... Physical Security
Beyond the security of the system and its components, you must also consider the security of the accessories you will be using alongside it. Proximity cards are still one of the most common choices for access control, but it’s well documented that the old low-frequency 125khz proximity cards don’t t provide stringent security. These cards are easily copied (Google even has some how-to videos on the matter!). So, in the interest of feeling safe with your choice of proximity cards, it’s best to look at EV3 and Desfire as your best solution here.
Integration
Ask any security professional, and they will tell you that security systems have long been a siloed collection of standalone disciplines. Arduous processes need to be in place to ensure all parts of the security system are functioning, involving complex workflows and requirements.
Modern access control systems can unify these aspects into one seamless dashboard. By integrating various elements—CCTV, access control, intruder detection—they work cohesively to create a secure workplace. This integrated approach simplifies management and enhances overall security effectiveness.
Total Cost of Ownership
When purchasing an access control system, it’s extremely important to understand what you are getting for your investment. Some systems may have an attractive upfront cost, however it’s wise to look into any ongoing costs such as licencing or add-ons it order to fully understand the TCO.
Reliability and Availability
It goes without saying that a system that has proven longevity in the marketplace will offer reliability and assurance that your system will be supported for as long as you use it. A manufacturer with a track record of reliable and robust systems over many years is generally the safest bet.
An often overlooked aspect is the supply of the equipment. Where is it stocked? Where is it manufactured? Knowing that supply is readily available means that you can be agile with updating and expanding your system should that be required.
These are vitally important considerations at the time of installation and when you are looking to keep the system maintained in the coming years. ..."
https://www.grosvenortechnology.com/insights/the-basics-of-access-control/
With the RBAC article shortly followed by this further very useful article from Ben Lagden:-
"Insights
The Basics Of Access Control
Access control is a security measure that regulates who can view, use or enter a restricted area or system. It’s a critical component of cybersecurity and physical security, and tools like keycards, PIN codes, or biometrics are used to control access.
Ben Lagden
Commercial Director
It’s fair to say that 2024 finds us in a world where security and the protection of your people and assets are more of a challenge than ever.
Often, physical security products – and people – take front and centre. CCTV, turnstiles, motion detectors, security personnel – these things are the most obvious security solutions. But each has its limitations and it can be cumbersome to manage each aspect independently.
Which is where access control comes in. For those new to the concept of access control, here’s a short overview.
What is Access Control?
Access control is a security measure that regulates who can view, use or enter a restricted area or system. It’s a critical component of cybersecurity and physical security, and tools like keycards, PIN codes, or biometrics are used to control access.
Access Control represents a large portion of the security sector, and Grosvenor Technology has been around long enough to have carved out a considerable reputation within the industry. Since 1993 when our first access control products were launched, we have been innovating and exploring what’s possible. And here we are today with one of the most robust and secure offerings on the market.
But enough about us. Let’s look at what considerations you should make when it comes time to select your access control solution.
Cyber Security
Cyber threats are real and are as dangerous to an organisation as physical intrusions.
So, when considering potential access control systems, cyber security should be at the top of your list.
A good first step is to look for manufacturers that hold the ISO27001 certification. This ensures that they conform to a stringent set of rules and guidelines regarding data processing and adhere to the highest IT standards.
As far as hardware goes, the newly introduced PSTI Bill has taken steps to ensure that connectable products, like access control, are more secure against cyber threats.
And then there’s the OSDP protocol, which originated in the USA. In layman’s terms, OSDP ensures the encryption of data that comes from the door controllers/software to the readers in the field. Wiegand-based technology does not do this, so it’s vital to consider if you are looking to prevent a hostile cyber-attack. ..."
https://www.grosvenortechnology.com/insights/the-basics-of-access-control/
Started: Hedgehog100, Today 16:58
Last post: Hedgehog100, Today 17:03
"Role-Based Access Control: The Key to Streamlining Security and Empowering Your Workforce
The Advantages of RBAC
RBAC offers a host of benefits that extend beyond security. Here are just a few:
Enhanced Security: RBAC ensures that sensitive areas and information are accessible only to authorised personnel, significantly reducing the risk of data breaches, theft and unauthorised access.
Improved Efficiency: By automating access decisions based on predefined roles, RBAC eliminates the need for manual intervention, saving valuable time and resources.
Simplified Administration: RBAC streamlines the process of managing access rights by assigning permissions to roles rather than individuals, making it easier to onboard new employees and adapt to changing organisational structures.
Compliance: RBAC provides a robust framework for maintaining compliance with regulatory requirements and industry standards through detailed audit trails and granular access controls.
Scalability: RBAC is designed to accommodate the evolving needs of a growing business, allowing for the easy creation and modification of roles.
Grosvenor Technology’s Role in the RBAC Ecosystem
As a key player in the access control landscape, Grosvenor Technology understands the importance of providing reliable and flexible solutions. JanusC4 is an industry innovation that combines the best of hardware and software to streamline security management. The blade-based system accelerates deployment and simplifies scalability, while the native software streamlines credential management and empowers role-based access control (RBAC). JanusC4 offers a holistic approach to securing your organisation’s physical and digital assets.
Empowering Your Workforce Through Secure Access
By adopting RBAC, businesses can empower their workforce while maintaining a secure environment. Employees have the freedom to access the resources they need to do their jobs effectively, while administrators can rest assured that security protocols like role-based permissions and audit trails are in place to protect sensitive data and assets.
If you’re ready to explore the potential of RBAC, contact Grosvenor Technology today. Our team of experts can guide you through the process of selecting and implementing the right access control solution for your business."
https://www.grosvenortechnology.com/insights/role-based-access-control-the-key-to-streamlining-security-and-empowering-your-workforce/
Added to Grosvenor Technology's website a couple of days ago: another very useful article from Grosvenor's Commercial Director Ben Lagden:-
"Insights
Role-Based Access Control: The Key to Streamlining Security and Empowering Your Workforce
RBAC is a security model that grants access based on an individual’s role or job function. Instead of assigning permissions to individual user identities, RBAC groups users into roles and assigns permissions to those roles.
Ben Lagden
Commercial Director
As businesses become increasingly reliant on digital information, the need for stringent access control protocols has never been greater. Protecting sensitive data is not just about best practice; it’s a fundamental aspect of a business. Yet, traditional access control methods are proving increasingly inadequate in today’s complex and interconnected business landscape.
This blog takes a closer look at the evolution of access control and how role-based access control is shaping the workplace.
Access Control: An Unfolding Story
The past three decades have witnessed a dramatic shift away from traditional keys and locks. A more sophisticated system has taken over, with access control systems evolving to encompass a wide array of technologies, including keycards, biometrics, and mobile credentials. However, the true revolution lies not in the hardware itself but in the software that governs access permissions: RBAC.
What is Role-Based Access Control?
RBAC is a security model that grants access based on an individual’s role or job function. Rather than assigning permissions to individual user identities, RBAC groups users into roles and assigns permissions to those roles. This simplifies access management, reduces the risk of human error and provides a granular approach to access management, ensuring that permissions are aligned with individual responsibilities. ..."
https://www.grosvenortechnology.com/insights/role-based-access-control-the-key-to-streamlining-security-and-empowering-your-workforce/
Started: dab808, 4 Jun 2024 23:19
Last post: Hedgehog100, 9 Jun 2024 15:10
Remember NWT's ambitious revenues growth vision:-
"Introducing Newmark"
An extract:-
"Our vision is to build a business generating two - three times its current revenues in the next three - five years."
https://newmarksecurity.com/
And from NWT's Investor Meet Company presentation video, 8th. February 2023:-
23:56: " ... Our vision is to build a business that generates 2 - 3 times its current revenues in the next 3 - 5 years. ... now is a very exciting time for us. With considerable recent efforts and investments, we are very well-positioned to achieve this vision. ..."
https://www.investormeetcompany.com/
Note that annual revenue growth of c. 24.5% p.a. for five years, compounded, results in a trebling of annual revenue.
Which, from NWT's annual revenue of £22M.+ for its year ended 30.4.24, could c. equate to the following full year annual revenue levels:-
FY ending 30.4.25: £27.4M.
FY ending 30.4.26: £34.1M.
FY ending 30.4.27: £42.5M.
FY ending 30.4.28: £52.9M.
FY ending 30.4.29: £65.8M.
So how is NWT measuring up against this?
1. Well, the decline of Safetell's traditional banking business, with mass high street bank closures, resulted in a dramatic multi-year decline in Safetell's revenues, and led the business to diversify into new areas.
This revenue decline only really bottomed in its year ending 30.4.23.
But since then, the turnaround has been impressive, with the company achieving H1 revenue growth of 24% in its year just ended (i.e. ending 30.4.24):-
25th Jan 2024 7:00 am RNS Half-year Report
" ... Safetell's revenue increased by 24% to £2.7 million compared to the corresponding prior period. ..."
https://www.lse.co.uk/rns/NWT/half-year-report-hnfljf8lc52soxg.html
2. Grosvenor Technology's North American HCM revenue growth from 2017 - 2022 (£0.9M. to £8.7M.) was even better: a stunning compounded annual revenue growth rate of c. 57.4% p.a.
The loss of its UKG business, which stopped contributing to revenues in Q3 FY23, and which Dab estimates was contributing c. £3.5M. of annual revenue, subsequently caused an exceptional blip in this growth. But new HCM contract wins have resulted in a strong resumption of this growth in the company's H2 just ended.
Such that NWT's half-on-half revenue increase in its year ended 30.4.24, on an annualised compounded level, equates to annual revenue growth of over 25% p.a.
3. NWT's recent HCM ARR year-on-year increase of 28%, to £2.9M. for April 2024, is particularly exciting.
28% p.a. growth compounded equates to a more than doubling in three years.
And at VERY high profit margins.
So in conclusion, NWT has recently been achieving the sort of revenue growth that is associated with its vision.
And with its current year apparently having started strongly, a healthy sales pipeline, and multiple regulatory and technological growth drivers creating strong tailwinds, there's every reason to be optimistic that this should continue.
30th Apr 2024 3:33 pm EQS Thalassa Holdings Ltd: Annual Financial Report
https://www.lse.co.uk/rns/THAL/thalassa-holdings-ltd-annual-financial-report-remcxj11jwvdhvp.html
Thanks Dab.
It's interesting that NWT is the only one of THAL's listed holdings that THAL mentions; and that it talks about it before its wholly-owned unlisted subsidiary ARL (Autonomous Robotics), which in its previous annual report was its only holding (listed or unlisted) that it talked about.
So it looks like NWT is now THAL's 'blue-eyed boy' - or rather girl ... what you might call its 'Thalassa Lassie':-
"Maybe looks a little sassy, whoa
But to me she's real classy, whoa"
"Tallahassee Lassie" - Freddy Cannon
https://www.youtube.com/watch?v=_BMPdbzDgus
Though as you have noted, THAL's update predated NWT's bullish full year trading update (by a couple of weeks).
And especially in light of this new NWT update, THAL's projections are looking far too conservative.
So I wonder if THAL fully appreciate quite what a gem they are sitting on here in NWT?
I missed this but worth sharing...
Newmark Security plc (NWT LN)
In 2023, NWT’s shares performed well, rising 127.2% from 33p/share to close 2023 at 75p/share.
THAL own’s 9.98% of NWT, which we believe has significant growth potential, particularly in the USA. NWT’s fiscal year- end is 30 April, such that 2024 results should be announced towards the end of September 2024. The Company had a soft first half, revenues declined 2%, but has indicated that several new Human Capital Management (HCM) ‘access control’ contracts should drive revenue growth in the second half of the year. At the prevailing market price of 83.5p/share, the Company’s market capitalisation is ~£7.8m, plus debt of
~£5.6m, giving an EV of ~£13.4m.
Based on trailing twelve-month numbers the stock does not look undervalued. However, looking out over the next few years, we see the potential for sustainable annual revenue growth of ~10%, and EBITDA margins rising from 6%/8% back towards 10% to 15%, or £3m to £4.5m, on £30m of revenue by 2028. Based on our estimates, the Company should be able to pay down debt at a rate of £0.5m per annum, or roughly £2m over the next 4 years. Whilst the EV/EBITDA multiple on 2023 EBITDA of £1.1m is 12.2x, we believe that this reflects investor anticipation for improved results, and that a more conservative EV/EBITDA multiple of 8x our £3m to £4.5m 2028 EBITDA estimate is more appropriate, which in turn would result in an EV of £24m to £36m, or an Equity value of £20.4m to £32.4m, or a share price target of £2.125/ share to £3.75/share (9.6m shares outstanding). Based on our estimates, we anticipate a potential 154.5% to 349.1% increase in the upside value of NWT’s shares over the next 4 years, or a potential compound annual return of between 26.3% and 45.6%, from the prevailing market price of 83.5p/ share.
Started: Hedgehog100, 23 May 2024 12:11
Last post: Hedgehog100, 23 May 2024 12:18
"The GT8: Beyond Time & Attendance Tracking
... Evolving with Your Needs
Giving the GT8 an Android-based operating system was a considered decision – while Grosvenor Technology also offers HCM solutions using Linux, like the GT10, our flagship device seals its longevity by using the familiar framework that Android provides.
It helps create a secure and useful ecosystem with your existing apps and systems, allowing you to design a workflow that reduces admin, speeds up processes and utilises data to make strategic decisions. The GT8 takes things a step further, however, by enabling you to customise the device to suit the needs of your organisation. Whether you operate in manufacturing, healthcare, or another industry, the GT8 provides a flexible platform for your workforce management.
How HCM Delivers Profits
Here’s what really matters – the tangible benefits that the GT8 can provide:
• Accurate Payroll: Staff are paid for the hours they work and buddy punching is a thing of the past.
• Reduced Security Risks: Data privacy is ensured, derisking your business in one of the most essential ways.
• Improved Hygiene: The touchless interface helps maintain a healthy workforce, which is especially critical in healthcare or food-related industries.
• Optimised Workforce Management: You can use collected data to make informed scheduling and staffing needs decisions.
The GT8: More Than a Time Clock
The GT8 is more than just a time clock. It’s a powerful tool that helps you streamline operations, enhance security, and make data-driven decisions that benefit your business.
You can find out more about the GT8 and its powerful features here."
https://www.grosvenortechnology.com/insights/the-gt8-beyond-time-attendance-tracking/
GreaT8 stuff!
The GT8 is revolutionising the industry ... which should also shortly be revolutionising NWT's profits & s.p.
And still another excellent new article just added to Grosvenor Technology's website:-
"Insights
The GT8: Beyond Time & Attendance Tracking
As Grosvenor Technology’s flagship HCM device, the features of the GT8 go far beyond simple time and attendance management to embody something far more exciting – a new way to propel your business with rich data and streamlined processes.
Ben Lagden
Commercial Director
Time clocks have come a long way from the mechanical punch clock of the past. Over the past 50 years, digital time clocks have taken over the space, offering a modern solution to an age-old problem – how to effectively and accurately manage your people.
But a time clock from 1990, or even 2012 is a long way from what they can do today. And the GT8 is leading the charge with innovation and user simplicity. As Grosvenor Technology’s flagship HCM device, the features of the GT8 go far beyond simple time and attendance management to embody something far more exciting – a new way to propel your business with rich data and streamlined processes.
Accuracy and Security for the Modern Workforce
Security and reliability are at the heart of the GT8, with the option of advanced biometric identification. You can choose from facial recognition, fingerprint scanning, or a combination of both (as well as more traditional means, such as proximity fobs and cards) to ensure accurate tracking of your employees’ time. And let’s not forget just how powerful the GT8 is – the device can clock someone in or out in under a second, making it a useful companion at start and end of shifts.
For many of the GT8’s users, it’s the effortless efficiency of employee time tracking that sets it apart. Staff feel assured by the reliable clocking – they’ll always receive accurate remuneration for their worked hours, and for management, there’s the elimination of time theft via buddy punching. It’s a win win.
But above all else, the GT8 provides absolute data privacy assurance. The GT8 has been designed with compliance in mind. The inbuilt robust encryption protocols protect sensitive employee information and ensure you remain compliant with data regulations – whether that’s in the UK, Europe, the US or Asia. ..."
https://www.grosvenortechnology.com/insights/the-gt8-beyond-time-attendance-tracking/
Started: Hedgehog100, 22 May 2024 14:36
Last post: Hedgehog100, 22 May 2024 14:36
And yet another excellent new article just added to Grosvenor Technology's website: again from Paul Smith, Head of Quality & Compliance.
And this is his third such article in a fortnight ... when you're hot, you're hot!
"Insights
Building Trust Through Compliance: Our Commitment to Secure Products
Grosvenor Technology is proud to announce that we've achieved PSTI 2022 compliance certification.
Paul Smith
Head of Quality & Compliance
Nowadays, cyber threats have become increasingly more sophisticated and the need to safeguard a business and its data has never been more important. In the UK, this need has been met with April’s implementation of the Product Security and Telecommunications Infrastructure (PSTI) Act 2022.
This new legislation aims to increase the standards for cybersecurity across internet-connected products, from smart TVs to HCM devices to access control systems. At Grosvenor Technology, we’re committed to the safety and security of our customers, and our recent achievement of PSTI 2022 compliance certification demonstrates our dedication to the protection of our customers and their data.
What is the PSTI Act?
The Product Security and Telecommunications Infrastructure (PSTI) Act is a UK law that establishes mandatory security requirements for ‘smart’ products – those products that connect to the internet. It aims to protect consumers and businesses from cyberattacks by ensuring products are designed with security in mind from the outset.
The PSTI outlines specific requirements, including:
• Stronger Passwords: Default passwords are banned.
• Vulnerability Reporting: Manufacturers must have a clear vulnerability disclosure policy.
• Transparent Support: Customers must be aware of the defined support period of a device where security updates are available.
Grosvenor Technology’s Commitment to Security
Achieving PSTI 2022 compliance was an important step for Grosvenor Technology. We have been able to ensure our products not only meet but exceed the expected requirements, offering our customers peace of mind.
At Grosvenor, security is not an afterthought – it’s at the core of our business. And by embedding security into every stage of development, our solutions are resilient to cyber threats and provide our customers and end users with peace of mind.
Our commitment to security extends beyond just achieving compliance. We actively monitor emerging threats, continuously update our products, and provide ongoing support to ensure our customers’ systems remain secure.
A Secure Future Together
We believe that trust is a vital aspect of every successful business relationship. By achieving PSTI 2022 compliance, we are reaffirming our commitment to providing our customers with the most secure and reliable products possible."
https://www.grosvenortechnology.com/insights/building-trust-through-compliance-our-commitment-to-secure-products/
Started: Hedgehog100, 28 Jun 2023 18:07
Last post: Hedgehog100, 22 May 2024 13:55
"Arena victim's mum ends 200-mile walk over new law
Paul Burnell & PA News
BBC News
2 hours ago
The mother of a Manchester Arena bombing victim is set to conclude her 200-mile (321km) trek to Downing Street to insist a law tightening security at public venues is introduced.
Figen Murray, whose son Martyn Hett was killed in the 2017 attack, set off from the arena at 11:00 BST on 7 May.
She said she had waited 18 months since Prime Minister Rishi Sunak told her in a phone call that he was supportive of Martyn's Law, which has yet to get beyond draft stage.
The Home Office said it was in the final stages of drafting the legislation.
Bombing anniversary
Mr Hett was one of 22 people killed after suicide bomber Salman Abedi detonated a homemade device at the Ariana Grande concert on 22 May 2017.
Ms Murray is expected to meet with Mr Sunak and Labour leader Sir Keir Starmer later, with the end of her 16-day journey to number ten, marking the seventh anniversary of her son's death.
She said she wanted to look Mr Sunak "in the eye" and call for the law's implementation.
Plans for a law aimed at improving counter-terrorism measures at venues and in public spaces were included in the Conservative manifesto in 2019, and the 2022 Queen's Speech.
A consultation on a bill for Martyn's Law closed in March, with the results being considered by the government. ..."
https://www.bbc.co.uk/news/articles/cyjjnv4wpddo
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/
martyn's law generated business will be the *****essential non-discretionary business: legally required, and also of massive importance.
the risks to life and property being combated are just vast, especially with increased global conflict at the moment, now including new uk involvement - in helping to protect red sea shipping.
and the potential economic hit from a major terror attack scaring people away from public places could be many billions.
nwt clearly has very valuable products, services, and expertise to help combat these threats, with demand likely to outstrip supply.
and as the investment community wakes up to this new law and its implications (which includes increased costs for many businesses) i would expect to see nwt highlighted as a/the pre-eminent listed share beneficiary.
this is clearly a major business and investment opportunity, and i'm not aware of a better play on it than nwt.
"Martyn’s Law: Safeguarding public spaces with comprehensive security
... Access Control in focus
As an industry innovator, Grosvenor Technology welcomes Martyn’s Law as a progressive step to enhance security in public spaces. The legislation highlights the importance of access control in mitigating the impact of terrorist attacks. Grosvenor highlights two critical focus areas for building security systems: maintaining premium quality security and providing comprehensive access management.
Grosvenor’s product range significantly emphasises uncompromised security, empowering building managers to address potential vulnerabilities proactively. Issues like card cloning are highlighted as potential risks, prompting a call to consider upgrading legacy systems with robust encryption-driven hardware and software.
Comprehensive access control emerges as an essential element, encompassing features such as lockdown functionality, anti-passback systems, personnel tracking, safe corridors, secure access for emergency services, and seamless integration with other security systems.
The JanusC4 system aligns with Martyn’s Law requirements, providing a robust solution for evolving security needs. Ongoing development focuses on refining and improving products, ensuring the company stays ahead in meeting the demands of a changing security landscape.
Supporting the introduction of Martyn’s Law
Martyn’s Law is about more than just products; it’s about protecting people, developing comprehensive security plans, robust processes, and thorough staff training. The company pledges dedicated support to its customers, recognising the importance of collaborative efforts to implement the law successfully.
After the Manchester Arena tragedy, Martyn’s Law emerges as a crucial initiative to fortify public spaces against potential threats. Through its subsidiaries, Safetell and Grosvenor Technology, Newmark Security stands ready to help organisations upgrade their security."
https://newmarksecurity.com/insights/martyns-law-safeguarding-public-spaces-with-comprehensive-security/
Started: Hedgehog100, 27 Jan 2024 18:11
Last post: Hedgehog100, 20 May 2024 14:41
Today is International Human Resources Day 2024: and with a theme that emphasises HCM (Human Capital Management) technology like NWT's:-
"The CIPD celebrates International HR Day 2024
Join the global celebrations of the people profession and explore engaging discussions on ethical tech and AI integrations, future workplaces and more
Join us in celebrating this year’s IHRD International HR Day on 20 May.
This year’s theme is HR Shaping the new future with four sub themes of:
• Ethical use of technology and AI
• Future workplaces
• People leadership
• Continued innovation in skills and education ..."
https://www.cipd.org/uk/about/news/cipd-celebrates-international-hr-day-2024/
And indeed Grosvenor Technology is exhibiting at the CIPD exhibition in London in barely three weeks:-
"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) ..."
https://newmarksecurity.com/insights/an-eventful-season-for-grosvenor-technology/
Like the term 'mobile phone', the term 'timeclock' can be a bit of a misnomer, as GT themselves point out; but it's a term that people seem happy to run with:-
"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.
While our products and services have evolved over time, our core philosophy remains unchanged: to provide our HCM partners with dependable and technologically advanced devices, data-entry terminals, or what many of our valued partners still affectionately refer to as ‘timeclocks.’ We don’t mind; we’re proud to be known as the ‘clock guys.’
At GT Clocks, we take immense pride in our exceptional team. Whether it’s in Operations, Sales, or Development, we foster a collaborative approach to deliver more than just secure, intelligent solutions."
https://gtclocks.com/about/
The term 'technologically advanced edge computing data-entry terminal devices' would probably be more accurate for GT's solutions ... but it doesn't have quite the same ring to it!
So timeclocks it is then ... and the market opportunity is huge.
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
I've noticed that some of the material on NWT's website has just been refreshed, and here's a snippet that is particularly worth noting:-
"Through our dedication to providing exceptional security supported by beneficial value-add services, we are strongly positioned for exponential – and profitable – growth."
https://newmarksecurity.com/about/
Exponential profitable growth: that's as bullish as I've seen from the company - people who aren't known for their hyperbole - and it does highlight just how confident they are of the outlook here.
This heading on the home page is also new:-
"The Innovators of Security"
https://newmarksecurity.com/
This is a noticeably greater emphasis on the company's cutting-edge innovation: innovation which helps to distinguish it, and make it so special.
And it certainly seems sensible to emphasise this.
Started: Hedgehog100, 4 Oct 2023 20:20
Last post: Hedgehog100, 19 May 2024 15:35
NWT 'STOCK-&-ROLL' ANAYLSIS: PART THREE
So a rockingly good full-year trading update this week from NWT, which was music to my ears: and in effect a 'siren call' to buy NWT shares.
And so, as an alternative to reading tea leaves, some more 'stock-& roll' analysis here seems absolutely appropriate, following on from parts one & two (The Human League & The Doors).
Well, my 'divining rod' is now pointing me in one particular direction, reflecting NWT's combination of 'style & substance':-
https://www.newsweek.com/2022/09/02/roxy-music-celebrate-50-years-style-substance-1735830.html
And Roxy Music's fifth studio album "Siren" can very aptly help to illustrate NWT's investment credentials:-
https://en.wikipedia.org/wiki/Siren_(Roxy_Music_album)
Track listing, Side one:-
1. "Love is the Drug" - Loving the buzz from NWT.
2. "End of the Line" - A NWT buy-out.
3. "Sentimental Fool" - Missing NWT after being bought out.
4. "Whirlwind" - Grosvenor Technology's expansion in America.
Track listing, Side two:-
1. "She Sells" - Marie-Claire's marketing background.
2. "Could It Happen to Me?" - Hoping for a 100-bagger.
3. "Both Ends Burning" - NWT's TWO 'on fire' subsidiaries: Grosvenor Technology & Safetell.
4. "Nightingale" - NWT's sweetly poetic success.
5. "Just Another High" - NWT's remorseless rise.
Even the album's cover art, which features model Jerry Hall in a mermaid-like look, seems fitting.
As NWT has an increasingly MER-made aspect to it: i.e. greatly increased maintenance business, like former fifty-bagger Mears Group (MER) - a move that is going swimmingly well!
Roxy Music - "Both Ends Burning"
https://www.youtube.com/watch?v=VGXF2uXs0ak
Safetell success at Stonehenge,
With all the latest trends.
A project so legendary,
It lingers in memo-ry,
And wins so many friends.
"Stonehenge
Protecting Britain’s Heritage"
http://www.safetell.co.uk/case-studies/protecting-britains-heritage/
"National Limerick Day
May 12, 2024
National Limerick Day, a whimsical celebration of wit and rhyme, tickles our funny bones annually on 12th May. Whether you’re a seasoned wordsmith or simply enjoy a good laugh, this day is dedicated to the playful art of crafting limericks and revelling in their delightful absurdity.
This special day commemorates the birthday of Edward Lear, the masterful poet known for popularizing the limerick form with his collection of “A Book of Nonsense.” With their distinctive rhythm and cheeky humour, limericks have charmed readers for centuries, offering a brief escape into the realm of nonsense and mirth.
To honour National Limerick Day, let’s unleash our creativity and conjure up some jovial content ideas for your social media and digital platforms. ..."
https://awareness-days.co.uk/awareness-day/national-limerick-day/2024-05-12/
So it's National Limerick Day 2024 today.
So just for fun, here's a humble contribution from myself:-
He Safely Tells with G&T,
Of unicorn-like NWT.
He says it's HeSaaS,
That's why it's going so fast,
And it made stock exchange his-story.
"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
Very amusing Hedgehog. 1 trading day left before 1H RNS and the publication of the analyst's note. Exciting times.
Cracking trading volumes on the build up. Someone I'd using a broker to add given the unknown trades. These look to me to be orders being filled. The price rises to draw out some sales then the big buys go through.
Let's hope they continue.....
Started: dab808, 14 May 2024 10:22
Last post: dab808, 18 May 2024 23:55
Good write up Hedgehog. We've not been wrong to date and I totally agree that the next 18 months will be a multi-bagging opportunity. Unfortunately we've had such a small cap that we've been considered niche, to mulibag to the higher end valuation, we needer some momentum in the underlying numbers and the shareprice. We're on the cusp, we need hard numbers to push higher, but it will come. I have every confidence we can tell our story to new investors and the numbers will do the talking. Good luck.
NWT's FY revenue growth looks healthy, albeit not huge. But the half-on-half increase is far more impressive, and on an annualised compounded level equates to annual revenue growth of over 25% p.a. Which combined with improving margins, creates the basis for quite exceptional profit growth.
While NWT's HCM ARR year-on-year increase of 28%, to £2.9M. for April 2024, is particularly exciting.
28% p.a. growth compounded equates to a more than doubling in three years.
And at VERY high profit margins, as outlined in my following 23.7.23 post:-
Hedgehog100 Posts: 3,536 Price: 52.50 Strong Buy
Potential Gross HCM ARR Profit of £7.14M. p.a. in year ending 30.4.26 23 Jul 2023 13:00
" ... i would take that to mean a gross margin of c. 80% - 90%, as nwt is best-in-class ..."
https://www.lse.co.uk/ShareChat.html?ShareTicker=NWT&share=Newmark-Security&thread=08512472-6769-4E3F-B620-64F8F62CDA34
So I fully agree with you Dab that for NWT's current FY, ending 30.4.25, earnings of £3M.+ looks very plausible.
Which would represent a quite phenomenal escalation of earnings, and with plenty more likely to come.
So a P/E of 3? More likely a P/E of 30, which could see NWT moving to the c. £100M. market cap. & c. £10/share level.
And this could be happening just sixteen months from now, when NWT's current FY results are reported.
Though you would obviously anticipate dramatic moves up earlier too.
14th May 2024 7:00 am RNS Full year trading update
" ... Improved profitability and cash flow generation in FY24 ..."
https://www.lse.co.uk/rns/NWT/full-year-trading-update-4e9ai7eo5n4a8ts.html
So an increase in full-year profit for NWT's year ending 30.4.24, compared to its previous year.
This would equate to latest H2 earnings of over £404K.:-
Half-year ending 31.10.22: post-tax profit (earnings) £458K.
Half-year ending 30.4.23: post-tax loss (earnings) £105K. = post-tax profit (earnings) £353K. for full-year
Half-year ending 31.10.23: post-tax loss (earnings) £51K.
Full-year ending 30.4.23: post-tax profit (earnings) over £353K.
= For half-year ending 30.4.24: post-tax profit (earnings) over £404K.
But the probability is that the FY increase in earnings will be significant-substantial, for NWT to confidently report it just two weeks after its year end, and considering the cash-generation etc.
Indeed Dab is predicting a H2 profit of over £1M.
So NWT's earnings blip due to the loss of the UKG business is well and truly over.
And remember that this loss was due to a benign reason (UKG taking the business in-house), and is unlikely to be repeated, because:-
• It stemmed from a $22 billion merger of Kronos and Ultimate Software in 2020.
• For a historical reason, Kronos was a software company that unusually made its own hardware device.
Both of those things (i.e. a $22 Billion merger, and a software company making its own hardware device) are pretty unusual.
And although this still resulted in lost NWT business, not any that reflected upon the quality and value of its offering.
14th May 2024 7:00 am RNS Full year trading update
" ... Financial Position
The Group's cash at 30 April 2024 was £1.1 million (30 April 2023 cash: £0.6 million). This increase was due to an improvement in operating cashflows driven by higher revenues and increased margin percentage, particularly in the second half of the year.
FY24 cashflows were also helped by an easing of inventory levels following the building up of positions over the last couple of years to mitigate against the supply chain challenges which have now eased.
The Group currently has capacity within its UK and US invoice financing facilities to provide further working capital headroom as the Group continues to grow. Banking net debt at 30 April 2024 was £2.0 million (30 April 2023: £3.0 million). ..."
https://www.lse.co.uk/rns/NWT/full-year-trading-update-4e9ai7eo5n4a8ts.html
fft100 Posts: 33 Price: 102.50 No Opinion
RE: Strong update 14 May 2024 11:22
"Dab808, thanks for the update.
However, the reductions in inventory, and thus conversion to both cash and profits will probably be a one off, unless they still have excess inventory in which case it will be a 2 year one off (if you get me !). The underlying cash and profits increases will be a lot lower. ..."
Fft,
An easing of inventory levels should be largely profits-neutral, other things being equal: i.e. simply a change from one type of current asset (inventory), to another type or types (i.e. cash etc.)
It's an understandable misperception, as cash generation is associated with profits, but no, this shouldn't have any great impact on the profitability, I wouldn't have thought.
Though there could potentially be some lesser impact on profitability, depending upon the speed of inventory turnover, & prices paid.
Cash is different, and inventory reduction has helped the cash position, as the company has stated: but it makes it plain that this was quite a subsidiary factor in the cash increase, so not the major factor that you are suggesting.
And to the extent that it's a 'one-off' it's still a useful contribution; and as cash-generation tends to lag profits in a growth business, and profits are increasing, cash-generation should continue to increase.
It's the most frustrating thing fft100. Other than pitching up at Proactive and a few other investors briefing session we are not great at self promotion. Who's out there today promoting our story to investors? This is not the results but today's announcement firmly underlines we've emerged like a phoenix and are ready to soar to new heights. I get that Marie-Claire has been burned by the past but a US business attitude would have us at 200p a share today! Marie-Claire said her plan is to be more forwards looking but wouldn't give me a timescale in January. I will press her harder when we next catch up. Have faith. The numbers are now starting to do the talking.
Started: dab808, 16 May 2024 12:08
Last post: Hedgehog100, 17 May 2024 12:22
One interesting snippet from yesterday's Marie-Claire interview is that NWT now have twelve staff working for GT Clocks in America, up from eight not that long ago, and from nine at the time of the last AGM (31.10.23):-
"View all 8 employees"
https://www.linkedin.com/company/gt-clocks
dab808 Posts: 255 Price: 48.50 Strong Buy AGM (part 1)
"... We discussed the US business in more detail than ever before. We have 9 FTE based in the US. They are doing an amazing job and across HCM we are now working with 40 software vendors. These US staff is supported from the UK, this provides a very cost efficient way of working. As reported in the RNS today subscriptions are up significantly. As the software vendors are doing much of the business development, and we support from the UK in the background, we do not need to add significantly to the head count as we grow. We have a very scalable and low overhead operating model with reoccurring revenues. Not only is this growing rapidly in the US but we now have the rest of the world (reported as up 35% from a low base to scale on) again without adding much overhead. Given our growing presence in the US, Marie-Claire is out in the US in a few weeks time and will present to some US investors our business and model - exciting stuff. ..."
https://www.lse.co.uk/ShareChat.html?ShareTicker=NWT&share=Newmark-Security&thread=FACF7D8B-CB31-41F2-AF44-D12D4265B1BA
And America is enjoying boom conditions:-
"The U.S. economy is on a hot streak it hasn't seen in 20 years
Provided by Dow Jones
Apr 17, 2024 1:58pm
By Jeffry Bartash"
https://www.morningstar.com/news/marketwatch/20240417287/the-us-economy-is-on-a-hot-streak-it-hasnt-seen-in-20-years
And America is becoming increasingly attractive to investors:-
"Why are investors increasing allocations to US equities?
Expensive for a reason
• US equities have continued to outperform global markets leading to significantly higher valuations than their global peers.
• While a lot of this is driven by some mega-cap names, or the ‘Magnificent 7’, even without these, there would be a valuation gap.
• One simple explanation is that investors are willing to pay for more profitable companies – US company earnings continue to impress.
Too big to ignore, they own the future
• A number of US companies are shaping the world of tomorrow, to some extent owning the future – whether in tech or sustainability.
• The US makes up more than half of global stock markets by capitalisation and offers a high concentration of well-established companies, with global operations and diverse revenue streams.
Diversity of choice ..."
https://www.franklintempleton.co.uk/our-funds/investment-topics-in-focus/the-case-for-us-equity-investment
So NWT is a timely opportunity to obtain top American growth exposure at a bargain basement price.
Without the foreign dealing costs and potential research etc. difficulty of buying American stocks directly.
Proactive coverage:
https://youtu.be/izjfN4FX8TA?feature=shared
Released this morning , then followed by a purchase shortly afterwards (coincidence?).
Story telling on the strategy delivery, embedding profits and rosy outlook is now critical to lifting us higher. Let's hope some wider coverage can flow in the coming months.
Also the lack of selling into the new high is quite telling, good for FFT to book some profit but so much more value to come through we hope. GLA
Started: Hedgehog100, 15 May 2024 16:27
Last post: Hedgehog100, 15 May 2024 16:40
"Security Trends: Six Ways to Improve Safety in 2024
... Trend 6: AI in analytics
While AI has quietly been revolutionising industries for decades, the launch of ChatGPT in November 2022 thrust AI into the mainstream. In security, AI has emerged as a trend for the first time this year. Its ability to enable richer and faster insights is a key tool to drive better decision-making, and this is reflected in 44% of respondents already using AI analytics tools through third-party as-a-service offerings.
AI-powered analytics tools can identify threats automatically, reducing the amount of manual work required and improving the accuracy of threat detection by analysing patterns from vast amounts of data. It isn’t only analytics where AI is being used, though: 11% of respondents said they are using AI-enabled RFID devices, 15% are using AI-enabled biometrics, and 18% use AI to support their physical security solutions.
Securing the future
It is clear that innovation in security must not only keep pace with emerging threats, but stay ahead of them. Bad actors do not sit still, and security professionals must embrace sustainable solutions that deliver outstanding physical and digital security.
Grosvenor Technology is committed to innovation that aligns with industry trends, mitigating evolving security threats by using forward-thinking technology to keep workplaces safe worldwide."
https://www.grosvenortechnology.com/insights/security-trends-six-ways-to-improve-safety-in-2024/
"Security Trends: Six Ways to Improve Safety in 2024
... Trend 3: Sustainability
The critical path towards net zero set out by the Paris Agreement means strategies that drive more sustainable practices are increasingly important across all industries. Security is no different, with 56% of survey respondents rating sustainability as a top priority for 2024, while 74% of end users say they’ve seen the importance of sustainability increasing over the past year, and 80% of partners report the trend growing in importance among their customers.
Advancements in technology enable organisations to embrace more energy-friendly security and identity practices. The rise of mobile device usage and the shift towards cloud-based solutions reduce waste and minimise energy use, helping to meet sustainability goals.
Trend 4: Biometrics
Facial recognition, fingerprint and palm print authentication, and voice authentication remain an area of top interest for 50% of respondents. While there are ongoing concerns over privacy that must be addressed through regulation, biometrics’ efficiency, security, and variety of use cases mean it is increasingly popular among organisations of all sizes.
The report states that the global market for biometrics is expected to grow from $47.8 billion in 2023 to $86.1 billion by 2028, and its survey backs that up: 8% of end users plan to test or implement some form of biometrics in the next year and 22% plan to do so in the next three to five years.
Trend 5: The Cloud
Over a third of respondents (36%) said the rise of cloud-based authentication or identity management delivered as a subscription service is an important trend. These services simplify the process of creating and managing identities through a secure cloud delivery model. Currently, 24% of end users use cloud-based identity management, while another 24% are in the process of implementing systems.
This rise of centralised platforms for identity data, user authentication, and resource-access authorisation delivered as a service is aligned with the rise of mobile access technologies and Zero Trust goals. ..."
https://www.grosvenortechnology.com/insights/security-trends-six-ways-to-improve-safety-in-2024/
Another new article just added to Grosvenor Technology's website: & it's another excellent one from Paul Smith, Head of Quality & Compliance:-
"Insights
Security Trends: Six Ways to Improve Safety in 2024
In an era of rapid technological advancement, the security landscape is in a perpetual state of flux, with new threats and bad actors constantly emerging.
Paul Smith
Head of Quality & Compliance
In an era of rapid technological advancement, the security landscape is in a perpetual state of flux, with new threats and bad actors constantly emerging. In response, the security industry is continuing to push into new frontiers, with digital solutions driven by the likes of artificial intelligence (AI), biometrics, and multi-factor authentication.
Enterprises are facing ever-evolving challenges in safeguarding their physical and digital infrastructure. Understanding the dynamics behind new threats is key to fortifying defences and requires staying on top of emerging trends to make better-informed decisions. Therefore, the 2024 State of Security and Identity report, commissioned by HID, is an essential read for the industry.
The report surveyed over 2,600 end users and industry partners worldwide and identified the six major trends currently shaping security and identity.
Let’s take a look.
Trend 1: Multi-factor authentication
A large majority (85%) of respondents rated multi-factor authentication (MFA) among the most important trends for the coming year, while 83% of end-user respondents said their organisation uses MFA.
This widespread adoption of MFA is a clear signal that we are on a journey towards Zero Trust, a worst-case scenario approach that verifies every request with the assumption that it came from an uncontrolled source or network. While Zero Trust can appear overwhelming to implement, MFA is a relatively simple stepping stone for organisations with medium- or long-term Zero Trust goals.
Unsurprisingly, the report found that larger organisations are further down the path towards Zero Trust: 16% of enterprises with over 100,000 employees and 14% of those with 5,001 to 9,999 employees have implemented Zero Trust, while only 5% of those with under 100 employees have done so.
Trend 2: Mobile identities
Nearly three-quarters of respondents (72%) said mobile identity was a top 3 trend, while 64% of organisations reported some level of mobile ID deployment, with that number expected to increase to 79% within the next five years. Industry partners are particularly optimistic, stating that 94% of their customers will have deployed mobile IDs.
... the convenience of authenticating themselves using a device they already carry is attractive for end users. Also appealing is that security safeguards mean identities can be protected even if the mobile device is lost or stolen. ..."
https://www.grosvenortechnology.com/insights/security-trends-six-ways-to-improve-safety-in-2024/
Started: dab808, 13 May 2024 11:44
Last post: dab808, 13 May 2024 11:44
Except we've broken a pound!
Trading update due shortly (perhaps this week) and we've moved up nicely. Reported sells look like buys but certainly the trend is upward. My year end prediction of between 150p-200p moves closer although I'm hopefully at the prudent end. There is so much positivity. Great to see the releases you've been re-posting Hedgehog.
This is a £50m business, not a £9m one. 5X to go!
Started: Hedgehog100, 8 May 2024 12:40
Last post: Hedgehog100, 8 May 2024 12:45
"Compliance as a Catalyst: How Regulations Shape Our HCM Solutions
... Strategies for Success
Companies can’t afford to take a passive stance when it comes to compliance.
Besides legal obligations, a duty of care to your employees needs to be a driving force behind your active approach to data security.
To ensure adherence to applicable compliance regulations, a business should consider:
Legal Expertise
Invest in guidance from specialists in data privacy laws to ensure you have all the right information. Compliance regulations are shifting sands, and professional support can keep you in the clear.
Invest in Technology
While duty of care will always remain with the data controller, technology like our HCM solutions, can provide a simple and secure way to manage your data while maintaining compliance with differing regulations.
Robust encryption, secure data handling, and auditable processes all present a compelling solution to the data compliance problem.
Compliance Super-Charges Change
There’s no doubt that compliance is a headache – a necessary but challenging obstacle to global business. But these obstacles present our industry with a catalyst for innovation – a space for us to demonstrate our expertise and excel where it matters. In delivering HCM solutions that address the data privacy issues of today, but with a keen eye on tomorrow.
At Grosvenor Technology, we understand the vital role compliance plays in the success of businesses worldwide. We designed our solutions to help simplify the complexities of data protection regulations.
To discover more about our HCM solutions, click here."
https://www.grosvenortechnology.com/insights/compliance-as-a-catalyst-how-regulations-shape-our-hcm-solutions/
New on Grosvenor Technology's website, another excellent article from Paul Smith, Head of Quality & Compliance:-
"Insights
Compliance as a Catalyst: How Regulations Shape Our HCM Solutions
In today’s rapidly evolving digital landscape, compliance with data protection laws has become ever more vital.
Paul Smith
Head of Quality & Compliance
In today’s rapidly evolving digital landscape, compliance with data protection laws has become ever more vital. But despite the swift and severe consequences of breaching those regulations, many organisations still fall foul. A recent report suggests that UK businesses faced over £42 million in GDPR fines in 2022. And while some of those incidents will be malicious, many are due to data mismanagement, poor processes and misunderstanding obligations.
So, we find ourselves examining the growing importance of robust data protection measures and how these regulations are driving innovation in our sector.
The Global Regulatory Landscape
Regulations around data privacy exist in all corners of the globe – from Europe’s General Data Protection Regulation (GDPR) to the stringent Biometric Information Privacy Act (BIPA) in Illinois to the newly tightened California Privacy Rights Act (CPRA). Navigating these regulations can present a tangled web of legislation and requirements, particularly as many have varying degrees of data protection, differing consent requirements, and even conflicting rules between jurisdictions. For those businesses operating across the globe, there are many challenges to maintaining compliance. That is unless they adapt and invest in technology that can ensure they remain compliant wherever they do business.
How Regulations Impact Technology
Compliance fundamentally shapes how technology is designed and developed. Understanding the needs of the outcome creates the environment for development. For example;
• GDPR’s ‘Privacy by Design’ puts data protection through technology design front and centre. This concept led to a swathe of encryption solutions and secure data storage strategies – it is now far more common to see data protection hard-baked into products and services.
• BIPA’s Influence on Biometrics: While data capture caused waves, biometric data collection created a tidal wave of questions and concerns. The challenges led to innovation—some of which are at the heart of our HCM solutions—in facial recognition and fingerprint technology.
• Flexibility with Function: Since many businesses investing in HCM solutions work across different regions, their tech needs to provide a way to manage differing regional compliance requirements. The ability to adjust data protection levels, consent procedures, and other aspects based on the location of its users is quickly becoming critical. ..."
https://www.grosvenortechnology.com/insights/compliance-as-a-catalyst-how-regulations-shape-our-hcm-solutions/
Started: dab808, 7 May 2024 14:51
Last post: dab808, 7 May 2024 14:51
A little ramp from me, why not, I've not been wrong to date....
Just a week or two away from the FY trading update. I'm expecting very good things in this update on the 2H and I expect them to provide a confident looking outlook for FY25. I'd expect us to break 100p following the update, hit some resistance there (as some sell for a profit) but then move further upwards. An £8m business is about to declare significant profits for FY24 and a very confident outlook to FY25. A re-rate to a £20m valuation is on the cards. Last chance to buy at these levels...
Started: Hedgehog100, 25 Apr 2024 17:41
Last post: Hedgehog100, 25 Apr 2024 17:50
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/
Started: dab808, 25 Apr 2024 08:58
Last post: dab808, 25 Apr 2024 08:58
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!
Started: Hedgehog100, 21 Apr 2024 10:57
Last post: Hedgehog100, 21 Apr 2024 15:30
"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/
Started: Hedgehog100, 14 Apr 2024 11:16
Last post: Hedgehog100, 14 Apr 2024 15:43
"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.)
Started: Hedgehog100, 30 Mar 2024 09:07
Last post: Hedgehog100, 30 Mar 2024 11:33
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
Started: Hedgehog100, 16 Mar 2024 09:03
Last post: Hedgehog100, 16 Mar 2024 12:14
"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/
"Bank
Creating Equal Access in Banks
Equality of Access is a critical issue in modern times for both new and existing buildings. Ensuring accessibility for everyone, regardless of their abilities, is an important aspect of shaping a welcoming and inclusive environment. It is particularly true for the corporate head offices of businesses that want to offer access in accordance with the Equality Act, including the Northern Bank.
This prominent banking group, with over 200 branches and four head offices, wanted to improve access at their City of Leeds head office, located in one of the busiest business districts.
Challenge
The challenge was to link their existing Access Control solution with an enhanced Swing Door Automation system, allowing for ease of access for visitors and staff while also accommodating wheelchairs and mobility devices. Safetell was tasked with finding a solution that would carry the weight of the existing entrance doors, integrate with the networked access control system without messy cabling, and provide wheelchair access in accordance with the Equality Act 2010.
Solution
Meeting all of these requirements wouldn’t be easy, and no off-the-shelf solution would suffice. Safetell manufactured bespoke hardware and designed an electronic interface that eliminated pre-existing conflicts with the electronic locking system. This also removed the need for additional cabling.
Outcome
The installation of the automated door system was completed by Safetell’s team of engineers, providing a forward-looking security solution that successfully combined door security and wheelchair access. The receptionist staff at the Northern Bank reported that the new doors were beneficial to their colleagues and were easy to access. The bank was delighted with the result and is considering installing ten more systems. Overall, the doors provided access with ease for everyone, enabling a more inclusive and welcoming environment.
Safetell’s innovative approach to providing access solutions not only met the Northern Bank’s requirements but also helped them create a better experience for staff and visitors. ..."
http://www.safetell.co.uk/case-studies/creating-equal-access-in-banks/
"Importance of Customised Security Solutions: Safetell’s Approach
09 August, 2023
... Why Is a Customised Solution Necessary?
While many companies are selling ready-made security solutions, typically limited to one type of product, they aren’t always suitable for your organisation’s needs. Here’s why a bespoke security solution is the best approach for most companies: ..."
https://www.safetell.co.uk/insights/importance-of-customised-security-solutions-safetells-approach/
Safetell's bespoke-customised solutions give them an enormous advantage in combining accessibility with security, as their many highly satisfied customers can testify.
Here are some cracking examples of Safetell's outstanding work in this regard:-
"RNIB
Safety For All With Safetell
RNIB (Royal National Institute of Blind People) is the largest community of blind and partially sighted people in the UK. As a leading sight loss charity, it was essential that their headquarters had the necessary security measures in place to protect their staff, visitors, and sensitive information.
Challenge
RNIB required a secure access control solution for their multi-tenant building that would be accessible and easy to use for all, including those with low vision. Additionally, there was a need for high colour contrast on the gates to ensure that individuals with low vision could easily distinguish the entrance.
Solution
Safetell provided RNIB with two Round Cab Speed Gates integrated with third-party access control. The Speed Gates provide an aesthetically pleasing entrance control and anti-tailgating solution for any building or secure area. To ensure easy identification of the entrance, yellow highlighting was added to the black gates to provide high colour contrast for individuals with low vision.
Outcome
The installation of Safetell’s Round Cab Speed Gates has provided RNIB with an effective and easy-to-use access control solution that ensures the safety and security of their headquarters. Additionally, the high colour contrast provided by the yellow highlighting has improved the accessibility of the entrance for individuals with low vision. Safetell’s solution has provided RNIB with peace of mind, knowing that their staff, visitors, and sensitive information are protected. ..."
http://www.safetell.co.uk/case-studies/safety-for-all-with-safetell/
Started: Hedgehog100, 1 Dec 2023 18:07
Last post: Hedgehog100, 13 Mar 2024 12:40
"How to protect against access card cloning
... Selecting the right BLE reader is crucial for effective access control. Features such as easy credential distribution, customisation options, and support for BLE and traditional cards and fobs enhance security and flexibility. BLE readers that allow customisation through a smartphone’s built-in fingerprint scanner/face unlock contribute to an additional layer of protection.
How to bolster access card security
The rise of card cloning poses significant dangers to organisations, ranging from security breaches to reputational damage. Recognising the urgency to fortify access control cards against cloning, Grosvenor Technology offers these practical tips to enhance security measures.
• Use modern, secure cards: Shift from outdated MIFARE Classic cards to more secure options like MIFARE DESFire, equipped with EV2 and EV3 chipsets.
• Leverage security features: Make optimal use of security features available in different access control cards, focusing on secure cryptography and automatic activation of security features.
• Use programmed cards: Programming cards add information, such as credential data, to the card’s chip, enhancing card security.
• Embrace mobile access control: Move away from traditional cards and adopt mobile access control, utilising smartphones for secure and encrypted credentials.
• Employee education: Fostering a culture of security awareness and implementing proactive measures are essential to combating the threat of employee access card copying. By addressing vulnerabilities, organisations can bolster their defences against unauthorised access and protect the integrity of their access control systems.
• Regular inspections: Regular access card checks serve to identify anomalies or unauthorised replicas, acting as a deterrent to potential attackers while reinforcing the significance of access card security among employees.
Adopting advanced access control technologies becomes paramount in the face of evolving security threats. Grosvenor Technology’s commitment to innovation aligns with industry trends, ensuring that access control systems remain resilient against the growing menace of card cloning. As organisations navigate the complex landscape of security, the shift towards mobile Bluetooth-based solutions emerges as a beacon of enhanced security and convenience.
Grosvenor Technology offers tailored solutions for organisations seeking to fortify their access control systems and stay ahead of emerging threats. Speak to our experts today to safeguard your premises against card cloning."
https://newmarksecurity.com/insights/how-to-protect-against-access-card-cloning/
"How to protect against access card cloning
... What are EV2 and EV3 chipsets?
At Grosvenor Technology, we work with the newest systems that incorporate high-frequency communication with strong MIFARE DESFire EV2 and EV3 levels of encryption. Here is a summary of the technologies and how they can bolster building security and reduce the chances of card cloning:
MIFARE DESFire EV2: Offering advanced encryption algorithms and mutual authentication protocols, EV2 chipsets provide a formidable defence against cloning and unauthorised access attempts. With support for multi-application capabilities, EV2 cards enable access control systems to accommodate diverse credentials and functionalities within a single card, ensuring enhanced data integrity and confidentiality.
MIFARE DESFire EV3: Building upon the foundation of EV2, MIFARE DESFire EV3 chipsets introduce additional security layers to fortify access control systems further. Incorporating diversified keys and secure messaging protocols, EV3 chipsets thwart sophisticated hacking attempts and prioritise compatibility and interoperability, facilitating seamless integration with existing infrastructure. With enhanced speed and efficiency, EV3 cards streamline authentication and data transfer processes, empowering organisations to maintain a robust security posture in the face of evolving threats.
Bluetooth-based access control
In response to the security vulnerabilities associated with traditional proximity ID-based readers, the industry is witnessing a significant trend towards mobile Bluetooth-based access control solutions. The adoption of smartphones for access control credentials has become a game-changer, offering higher encrypted credentials tied to the smartphone.
Bluetooth is seamlessly integrated with smartphones that users already utilise for various tasks. Bluetooth’s familiarity and widespread application make it an attractive choice, eliminating the hassle of remembering keys or carrying proximity cards. The encrypted nature of Bluetooth credentials provides a robust defence against cloning and hacking concerns associated with traditional proxy credentials.
Adopting Bluetooth Low Energy (BLE) in mobile access control systems ensures efficient and high-performance technology. BLE-based access control systems leverage a Bluetooth-enabled reader wired to the access control panel and the credential holder’s smartphone. This deployment is user-friendly, with a one-time internet connection required during the initial setup, making it a secure and convenient option. ..."
https://newmarksecurity.com/insights/how-to-protect-against-access-card-cloning/
Just added to NWT's website, a superb new article on access card cloning, that builds on on a 1st. December 2023 Grosvenor Technology article on the same subject:-
"How to protect against access card cloning
Businesses must fortify their building security to protect against the evolving threat of card cloning"
https://newmarksecurity.com/insights/
"Card Cloning – A Real Threat to Modern Building Security
Thankfully, innovation has led to the development of encrypted solutions that provide the security that all environments can benefit from."
https://www.grosvenortechnology.com/insights/card-cloning-a-real-threat-to-modern-building-security/
"Insights
How to protect against access card cloning
The threat of card cloning casts a long shadow in the building security landscape. As technology advances, so do malicious actors’ techniques to compromise access control systems. This article delves into the pervasive card cloning issue, explores the industry landscape, and sheds light on how Grosvenor Technology can work with your organisation to upgrade your building security approach.
Card cloning remains a substantial security risk, with hackers exploiting vulnerabilities in existing proximity ID-based readers. The shift from 125 kHz prox technologies to smart 13.56 MHz credentials marked an industry response to documented security vulnerabilities. However, even these technologies face challenges as hackers swiftly find ways to clone prox credentials.
Additionally, employee access card copying presents a significant threat vector. Attackers can obtain access card information through various avenues, such as social media, observing employees in common areas, or within the company premises.
The repercussions of cloned access control cards are severe, ranging from security breaches to potential harm to the building, company, staff, or data. A security breach could lead to reputational damage and financial losses. Recognising these dangers, organisations are urged to prioritise security measures promptly. ..."
https://newmarksecurity.com/insights/how-to-protect-against-access-card-cloning/
"Card Cloning – A Real Threat to Modern Building Security
... Encryption and Actually-Secure Security
At Grosvenor Technology, we work with the newest systems that incorporate high-frequency communication with strong MIFARE DESFire EV2 and EV3 levels of encryption. Data is transmitted between card and reader in a secure envelope with encryption that cannot be easily cloned, and thus truly provides the access control and security that is much needed. We have a range of options to upgrade existing building door security systems from ageing infrastructure, resistant to the best attempts of even the most dedicated hacker.
With the top-of-the-range EV2 and EV3 chips, you can expect;
Enhanced Security – evaluation assurance level 5+ certification
More Flexible Memory – unlimited simultaneous application use
Greater Read Speed & Range – varies on card type, but minimum expected distance is 10cm
Proximity Check – protects against relay attack
Of course, upgrading in this way doesn’t just improve the reliability of door security; it also brings your estate access control up to current specifications, offering seamless management over your site that includes CCTV, wireless locking, fire and intruder alarms, lift control, and properly tracked occupancy access.
Building Security for a New Era
It should be unacceptable to all of us for building security to be left open to the threat of card cloning and the subsequent easy access for intruders – especially when there is no need to do so. Contact Grosvenor Technology today to discuss incorporating the latest technology.
To find out more about our leading access control solution, click here."
https://www.grosvenortechnology.com/insights/card-cloning-a-real-threat-to-modern-building-security/
And now a brand new article just added to Grosvenor Technology's website: and it's another excellent one, this time on access control, further highlighting the cutting edge leadership of the company's solutions:-
"Insights
Card Cloning – A Real Threat to Modern Building Security
Thankfully, innovation has led to the development of encrypted solutions that provide the security that all environments can benefit from.
Chris Wrench
Senior Product Manager
One of the greatest security risks to your buildings and estates is that of card cloning. Sadly, technologies have existed for years that allow the swift copying of legacy cards and it is only becoming easier. Recently there has been a spike in card cloning using a range of devices, from specialist machines through to the versatile Flipper Zero. For security professionals responsible for access control systems, card cloning presents significant issues that seem insurmountable.
Thankfully, innovation has led to the development of encrypted solutions that provide the security that all environments can benefit from.
The Worst Case Scenario
You don’t need much imagination to consider the potential problems that card cloning creates. Systems installed to allow only approved personnel access can be circumvented – and the reasons for doing this are always nefarious. And it affects access control systems used in so many areas, from offices to university student accommodation to hospital buildings.
It’s not the fault of the security professionals; often, those partaking in illicit access have cutting-edge technology at their disposal. However, it is the responsibility of security professionals to meet this threat with equal firepower. And that means understanding and using advances in access control credential technology to combat the issue.
There are some security firms guilty of adopting a ‘carry on regardless’ attitude, which only serves to leave their customers vulnerable. With a solution so readily available, there’s no excuse for not adapting. So why are so many firms lagging behind?
The Problem with 40-Year-Old Technology
Keycard and fob technology has been around for decades, and many systems that are installed across the UK have existed for more than 40 years. And because these systems work well enough day-to-day, it can seem like an upheaval – financially and administratively – to make a change. There’s a mindset of ‘if it ain’t broke, don’t fix it’, but in this case, remaining ignorant of the risks that relying on the same basic unencrypted RFID communication presents can make you question the integrity that drives the decisions.
And we’re not just talking about the boot-on-the-ground access control companies; some of the leading names in manufacturing are guilty of pressing ahead with technology that can be breached. ..."
https://www.grosvenortechnology.com/insights/card-cloning-a-real-threat-to-modern-building-secur
Started: Hedgehog100, 10 Mar 2024 11:40
Last post: dab808, 12 Mar 2024 11:59
Absolutely Hedgehog! Without the new HeSaaS strategy, the business was never going to get out of the rut of being reliant on year on year orders. Safetell was the prime example of being reliant of fitting out screens and protection for customers that were moving away from branches. With just install of entry systems GT's market was in a similar place. The software and clocks approach with licences was the game changer (although, HeSaaS is not without risk, remember Sony's and Nokia's OS before Android?) It doesn't always work but when it does it can be worth a lot of cash. 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) if your customers and resellers are happy and this gives us a unique opportunity to make hay for a good while, embed our product and take a leaders position.
We are holding nicely in the 90's this is a testament of the fortune to me made here. Why sell when we are only valued at £8.5m and in such a strong position with a fantastic product/customers and margins. Stock is short so there is only one way for the price to go.... Up :)
So Warren Buffett himself has embraced the HeSaas phenomena, with his massive investments into Apple.
And who can argue with 'The Oracle of Omaha'?
Moreover, Buffett was for decades renowned for his aversion to tech investments, due to their risk and uncertainty; though he did say that his investment techniques could be applied to the tech sector.
Apple's HeSaaS was Buffett’s great insight: and Newmark's HeSaaS has been on of our great insights, Dab.
I can't speak for you, but for me it was a bit of a 'Eureka!' moment.
Like a case of 'HeSaaS Bejeesus!'
Dab808 Posts: 231 Price: 92.50 Strong Buy
RE: Hardware-enabled SaaS (HeSaaS): Dawn of a New(mark) Era 5 Mar 2024 16:42
" ... What an excellent post and I totally agree. HeSaaS is the magic formula as Apple have proven ..."
https://www.lse.co.uk/ShareChat.html?ShareTicker=NWT&share=Newmark-Security&thread=AB453DDB-A668-4246-B4DB-BE9117BA4622
Thanks for that great reply Dab.
A nice, juicy comparison, which is certainly something to get your teeth into:-
"Apple’s Services Push Pays Off
R. Scott Raynovich
Contributor
R. Scott Raynovich is the Founder and Chief Analyst at Futuriom.com
Jan 28, 2021, 12:25pm EST
... Investors care about Apple's services growth because it means the company is becoming more diversified into services in Wall Street's view, allowing it to trade at a higher multiple of profits and sales. Services and software companies generally have higher valuation multiples than hardware companies. In the business, they call this a "re-rating." ..."
https://www.forbes.com/sites/rscottraynovich/2021/01/28/apples-services-push-pays-off/?sh=6666624c154f
"Why Warren Buffett invested in Apple - and it’s still paying off
Published 3 November 2023
Tom Stevenson
Fidelity International
... Buffett bought Apple shares in the first quarter of 2016, and they have turned out to be one of his best investments, rising in value by more than 500% since he started to build a stake of nearly 6% in the world’s biggest business. ...
In some ways it is surprising that it took Buffett so long to arrive at Apple. It always had a strong brand and incredible customer loyalty, but it was the growth of the company’s services arm that marked the transition from a classy hardware manufacturer to a brand that people cannot imagine living without.
That was Buffett’s great insight, and the surge in Apple’s value since 2016 has been his reward. ..."
HTTP://www.fidelity.co.uk/markets-insights/investing-ideas/investing-ideas/why-warren-buffett-invested-in-apple-and-its-still-paying-off/
"Here's How Much You'd Have If You Invested $10,000 in Apple Stock When Warren Buffett First Bought It
Keith Speights, The Motley Fool
Sun, March 3, 2024 at 3:50 PM GMT · 4 min read
Warren Buffett told Berkshire Hathaway shareholders last year that Apple (NASDAQ: AAPL) was a "better business than any we own." And he has put his money where his mouth is through the years.
Apple ranks as Berkshire's biggest holding by far. It makes up a whopping 44.3% of the conglomerate's portfolio. Like many investors, Buffett has made a lot of money from his investment in the technology giant. ...
Berkshire first initiated a position in Apple in the first quarter of 2016. Buffett and his team at first bought roughly 39.2 million shares of Apple.
... Today, Berkshire owns nearly 905.6 million shares. ..."
https://www.fool.com/investing/2024/03/03/invested-apple-stock-warren-buffett-first-bought/
Started: Hedgehog100, 9 Dec 2022 13:07
Last post: Hedgehog100, 9 Mar 2024 10:33
A very recent addition to NWT's website, about the 2024 BRC (British Retail Consortium) crime survey:-
"Insights
Protecting against retail crime during a “crisis”
... The UK is in the midst of a retail crime crisis that “demands action”, the British Retail Consortium (BRC) has said. ...
Incidents of customer theft more than doubled during the reporting period, from eight million to 16.7 million. In monetary terms, that theft costs retailers £1.8 billion – the highest figures ever recorded, up from £950 million. ...
Retailers are investing heavily to protect their staff and their stock. Figures show that crime prevention spending totalled £1.2 billion over the 12 months, up from £720 million, with retailers installing measures such as security doors, perspex screens to protect staff, and high-quality CCTV systems.
In total, the cost of retail crime and spending on crime prevention has risen to £3.3 billion, up from £1.8 billion.
Unfortunately, there is little optimism that these issues will soon improve. ...
The BRC has previously called on the government to offer tax relief on crime prevention investments, or to introduce funding for retailers, and said these statistics clearly show the need for meaningful law enforcement.
A scheme is in place in South-West England for independent retailers to access up to £2,000 to cover the cost of security upgrades, but the industry body would like to see a nationwide initiative rolled out. ..."
http://newmarksecurity.com/insights/protecting-against-retail-crime-during-a-crisis/
It's hardly surprising that demand for Safetell's retail security solutions is soaring, and there's a compelling case for tax breaks and subsidies for such investments, which could boost demand even more.
Safetell is an absolute expert in this area, and won't leave people hanging around:-
"Retail Sector
The retail sector, as we all know, is an industry focused on customer service, convenience and accessibility. This is reflected in the range of bespoke security solutions that Safetell has developed to keep customers and employees safe while still providing the best possible customer service experience.
Our specialist range includes screens and counters, retail banking solutions, security doors and door enhancements, transfer units, cash & asset protection, and service and maintenance."
http://www.safetell.co.uk/sectors-solutions/
"Watch: Woman hoisted into the air by shop shutters"
Wales · 3 days ago
https://www.bbc.co.uk/news/av/uk-wales-68480197
"Strengthening Retail Security: Safetell Sub-Partners with Retail’s Best
14 February, 2024
Safetell, a leader in physical security solutions for retailers and forecourt operators, is pleased to announce its sub-partnership with Retail’s Best, a premier platform connecting retailers with innovative solutions and industry expertise.
Safetell’s decision to sub-partner with Retail’s Best demonstrates its commitment to addressing the evolving challenges of retail security, particularly within the petrol forecourt sector. Leveraging Retail’s Best’s extensive network and resources, Safetell aims to provide tailored security solutions that meet the unique needs of retailers and forecourt operators.
Challenges in the Convenience Sector:
The convenience sector in the UK has faced significant challenges related to crime, particularly physical attacks on retailers and store employees. According to a report by the Association of Convenience Stores, incidents of violence and aggression against convenience store workers have reached alarming levels, with over 50,000 incidents reported in the past year alone.
Addressing Physical Attacks:
Safetell recognises the urgency of addressing physical attacks in the convenience and petrol forecourt sector and is committed to providing effective security solutions to mitigate these risks. Through its partnership with Retail’s Best, Safetell aims to empower retailers and forecourt operators with robust security measures to deter and prevent physical attacks on their premises.
Jenny Jones, Retail Business Development Manager at Safetell, stated: “Our sub-partnership with Retail’s Best aligns seamlessly with our mission to enhance retail security. Together, we are committed to safeguarding businesses and protecting their assets, especially in light of the increasing prevalence of physical attacks in the convenience sector.”
As part of our commitment to providing comprehensive security solutions for retailers and petrol forecourt operators, Safetell offers a range of products designed to complement their unique needs within stores.
Safetell’s Solutions
In response to the rising challenges of physical attacks, many retailers are turning to innovative solutions to protect their staff and assets. One such solution is SafeShield UL Security Screens, engineered to withstand physical attacks while ensuring seamless operations at checkout counters. These screens provide a vital layer of protection for retailers and forecourt operators, enhancing both security and colleague confidence.
Additionally, Safetell’s Night Pay Hatch Drawer and CashFast Drawer offer secure and efficient transaction handling ...
As a trusted sub-partner of Retail’s Best, Safetell is committed to providing tailored security solutions ..."
https://www.safetell.co.uk/insights/strengthening-retail-security-safetell-sub-partners-with-retails-best/
"Retail Crime in the UK – and How To Address It
01 February, 2024
Shop theft has reached record highs in the retail sector, with nearly half of retailers claiming that theft has increased dramatically in the past year. According to reports, organised crime syndicates target retailers, shoplifting or stealing high-value goods to resell elsewhere. This harrowing trend puts staff and customers at risk.
In 2023, Tesco announced that they would roll out hundreds of safety screens in Express stores and petrol station kiosks across the UK as a response to increasing incidents of crime against retailers, particularly a concerning increase in assaults against staff. These screens enclose the side of the till where staff are most vulnerable and stand above head height, protecting staff against assault. Designed to prevent the theft of high-value items, such as alcohol, beauty products, cigarettes, and other items often kept behind counters, it’s become a valuable deterrent against crime. ...
Cost-effective solutions like Safetell’s SafeShield UL Security Glazing safeguard staff and counter areas against physical attacks and attempts to vault over the counterwork to snatch high-value items kept behind the counter. This solution is specifically tailored for operations involving the secure transaction of goods or objects, like express retail environments or petrol forecourts. ..."
https://www.safetell.co.uk/insights/retail-crime-in-the-uk-and-how-to-address-it/
"Combatting Criminal Activity in Petrol Stations
01 February, 2024
There is an alarming increase in theft and crime in the retail sector. According to the ACS Voice of Local Shops survey, nearly two-thirds of retailers have experienced theft in their stores. More than a third say theft has increased. While all retailers are at risk, petrol forecourts are especially vulnerable.
Operating at late hours, often handling large amounts of cash, and a lack of staffing and security means that these retailers are prime targets for both opportunistic and organised criminals. ...
The best defence against these crimes is to install safety screens. Tesco and other stores have already committed to the installation of safety screens in more than 250 Express locations and petrol forecourts in a bid to improve the safety and well-being of their employees. ...
Safetell facilitates seamless operations without compromising safety with products that include the CashFast and Night Pay Hatch Drawers. ...
Safetell is Safety Pass Alliance (SPA) accredited, which means they are accredited to install products in forecourts across the UK. ..."
https://www.safetell.co.uk/insights/combating-criminal-activity-in-petrol-stations/
"Insights
Keep up to date on our product news, business announcements and industry-related content on how to effectively and efficiently secure and maintain your organisation."
https://www.safetell.co.uk/insights/
"Summary of the ACS Crime Report
09 August, 2023
... Burglary and Organised Crime
While a significant number of incidents are opportunistic in nature, 65% of retailers believe that incidents involving organised crime groups have increased in the past year as well. There have been more incidents of distraction theft (59%), gangs targeting local sites (36%), coordinated shop theft (27%), distribution fraud (14%) and theft from delivery vehicles as well (14%).
At the same time, not all retailers report crime. Only 16% of all retail crime is reported to the police due to the:
• a perceived lack of interest from the police,
• a lack of confidence in the willingness or ability of the police to follow up their investigation, and
• the time and effort it takes to file and process reports, as stated by participants.
Crime Prevention
Many retailers are taking a proactive stance to protect their business. As the report states, “Every pound invested by a business in preventing crime increases the feelings of safety and positivity among local citizens about their communities.” ...
Safetell has decades of experience in the convenience retail sector and is a leading provider of state-of-the-art security solutions tailored for various sectors. ...
Speak to an expert today
If you believe that your store could benefit from security screens, partitioning, or doors, reach out to Safetell without delay. Our expertise in the industry enables us to provide top-notch solutions that meet your needs and deliver the protection you need. Let Safetell help you safeguard your business and assets effectively."
http://www.safetell.co.uk/insights/summary-of-the-acs-crime-report/
It's sad to read that the upsurge in retail crime is continuing.
But great that NWT is able to assist so robustly:-
31st Jan 2023 7:00 am RNS Half-year Report
" ... We have also seen significant demand for our safety screens in the retail sector given the current economic climate and the need to protect their staff. We are pleased with the progress made so far as we delivered two large retail projects in H1 FY23, with another one secured for H2. ..."
https://www.lse.co.uk/rns/NWT/half-year-report-22phs4l5im1fv8m.html
"Summary of the ACS Crime Report
09 August, 2023
The Association of Convenience Stores (ACS) have recently released the results of their annual crime survey. The survey, which was conducted between 13th February and 31st March 2023, examines the incidents and cost of crime experienced by convenience retailers over the past 12 months. Here’s what they found:
The Cost of Crime Is Increasing
The vast majority of retailers surveyed (79%) say they believe the cost of living crisis has led to an increase in theft. More than 1.1 million incidents of shop theft were reported in the past year. Crime against convenience stores costs the industry more than £125 million, or £2,574 per store. Consumers are effectively paying a crime tax of at least 6p per transaction.
This figure doesn’t reflect the additional investment convenience retailers have made in crime prevention in 2022. More than £ 228 million has been spent on safety measures in the last year, or £4,698 per store.
Crime not only takes a toll on businesses financially; it can have a negative impact on their staff as well. As Jenny Alleyne, Co-op, Head of Operational Risk & Compliance, says in the report, “The increase in prolific and persistent offenders across retail is having a detrimental impact on the wellbeing of our colleagues as they strive to run brilliant stores in local communities. The fatigue from this persistent pressure from thieves leaves colleagues frustrated, helpless and feeling tense in their working environment.”
Violence and Verbal Abuse
According to the report, there were more than 41,000 incidents of violence reported in the sector, including more than 8,800 incidents of robbery. 13% of these incidents resulted in injury. These incidents are often triggered by staff encountering shop thieves, attempting to enforce age-restricted sales policies or a refusal to serve intoxicated customers. 25% of retail workers believe that incidents of violence have increased in the past 12 months. Knives were present in 44% of all violent incidents, 55% other weapons (axes, syringes, hammers) were present, and firearms were present in 1% of all instances.
Incidents of anti-social behaviour are another area of concern. 87% of workers have experienced verbal abuse in the past year, and 759,000 incidents of verbal abuse were recorded in 2022. More than a third (34%) of these incidents were hate-motivated.
The report states while violent incidents have decreased since the pandemic, “levels of violence remain unacceptably high”.
Customers have been impacted negatively as well as 36% of customers have witnessed incidents of violence or abuse towards staff. More than a third of customers have stated they feel more anxious when they shop. ..."
http://www.safetell.co.uk/insights/summary-of-the-acs-crime-report/
Started: Hedgehog100, 8 Mar 2024 14:18
Last post: Hedgehog100, 8 Mar 2024 14:28
And in the legendary tech stocks investment book "Super Stocks", marketing in its broad sense is highlighted as one of the very key factors that can make a super tech company:-
"Books I have read...
2018-03-21
Super Stocks by Kenneth L. Fisher
... If a company isn't good at marketing, it isn't good. A technology company that isn't good at marketing, isn't good at technology. A Super Company is competent (not necessarily perfect) at marketing.
Most of the variance in results boils down to finding what to develop in the first place. What should the product be like? How should it perform? Why will the customer prefer it over other alternatives? What is the motivation that generates the sale? These kinds of marketing factors determine up to 80 percent of the effectiveness of research. The other 20 percent varies with the capability of management. ...
Super Companies: The Business Aspects
... In their most abbreviated form, the business aspects of a Super Company must include:
1. Growth orientation: A burning desire in all senior personnel [...] for growth. This need manifest itself not only in growth markets but, more importantly, throughout the daily lives of the employees that make growth happen.
2. Marketing excellence: A broad understanding of changes in the nature of its market – at least as soon as the customer first perceives them – along with an organization capable of attaining and continuing to maintain customer satisfaction.
3. An unfair advantage: A competitive superiority over all current or potential competitors – usually being the lowest-cost producer – and/or having established a unique or semiproprietary position in at least a major portion of its product lines.
4. Creative personnel relations: A company "culture" that makes employees feel that they are treated with dignity, that they have been and will be offered fair promotion opportunities, and that they exist in an atmosphere where constructive ideas from subordinates are encouraged and financially rewarded.
5. The best in financial controls: Financial controls which learn quickly if results are not as planned. This must be coupled with a constant desire to seek continual creative evolutionary improvements in financial controls relative to the competition.
Marketing is an absolute key – perhaps the single most important aspect to success. More companies fail, or exist at a lackluster level, for lack of marketing excellence than for any other single reason. Superb marketing is so important because it satisfies one of business's only reasons for existence: its customers.
Marketing in its simplest and best form is helping people. And it is hard to do a good job if you don't understand them. This ability to understand the customer is what makes good marketing so unique. ..."
https://books.danielhofstetter.com/super-stocks/
Note also that NWT is outstanding in all five of the key business attributes listed above.
"United Nations
International Women's Day
8 March
Invest in women: Accelerate progress
Achieving gender equality and women’s well-being in all aspects of life is more crucial than ever if we want to create prosperous economies and a healthy planet. However, we are facing a key challenge: the alarming $360 billion annual deficit in gender-equality measures by 2030.
Join us on March 8, 2024, for International Women’s Day under the theme 'Invest in women: Accelerate progress”, and take a stand with us using the hashtag #InvestInWomen.
Take a stand with us using the hashtag #InvestInWomen
The official website of UN Women is the meeting point to mobilize, contribute, read stories, and find material to spread the message through social networks. ..."
https://www.un.org/en/observances/womens-day
To Mark International Women's Day 2024, I would like to pay tribute to NWT's brilliant CEO Marie-Claire Dwek, and the stellar success she is achieving in a male-dominated industry.
Note that prior to her appointment as NWT's CEO, Marie-Claire had a marketing-investment background:-
15th Apr 2013 7:00 am RNS Directorate Change
"Appointment of Chief Executive Officer
Newmark Security plc (AIM:NWT), a leading provider of electronic and physical security systems, is pleased to announce the appointment of Marie-Claire Dwek as Chief Executive Officer of the Group
Since 2001 Marie-Claire Dwek has worked in property investment and management for Motcomb Estates. Previously, Ms Dwek, aged 48, worked for four years as marketing director of Newmark Technology Limited, a subsidiary of the Group. ..."
https://www.lse.co.uk/rns/NWT/directorate-change-kmfml2x57k1k7g8.html
Started: Hedgehog100, 7 Mar 2024 10:50
Last post: Hedgehog100, 7 Mar 2024 10:58
"What Being A Partner Can Do For Your Business
... New For 2024: Extended 5 Year Warranty
This year, we increased the warranty period for our Advance Hardware to 5 years. This extended warranty applies to all Advance Hardware products purchased after 01/02/24.
This enhancement of our existing warranty extends to;
• Multi Controllers: Manage up to 8 doors from a single location.
• Single Controllers: Manage up to 2 doors (read in only) or 1 door (read in and read out).
• 2-Door Blades: With 2 additional inputs and outputs.
• I/O Blades: Offering 8 highly configurable inputs and outputs on a single blade.
• OSDP Blades: Featuring the latest secure and encrypted communications technology between the reader and controller.
A Partnership That Opens New Doors
At Grosvenor Technology, we are known for our collaborative approach, where Partners are highly valued and regarded. If you have an upcoming project that you’d like support with, just contact your local account manager or apply to be a partner here."
https://www.grosvenortechnology.com/insights/what-being-a-partner-can-do-for-your-business/
The article is also featured on Grosvenor's LinkedIn page:-
https://uk.linkedin.com/company/grosvenor-technology
Another very good new article just added to Grosvenor Technology's website, which highlights the company's leading approach to partnerships, and helps to explain why they are so successful in developing these.
The very compelling combination of technology, price, training, and support is clearly a very winning one.
"What Being A Partner Can Do For Your Business"
https://www.grosvenortechnology.com/insights/
"Insights
What Being A Partner Can Do For Your Business
At Grosvenor Technology, we are known for our collaborative approach, where Partners are highly valued and regarded.
Ben Lagden
Commercial Director
At Grosvenor Technology, we prioritise the relationship we have with our Partners because we recognise that their success is our success. By delivering exceptional customer service, providing responsive tech support, and continually developing cutting-edge solutions, we provide our Partners with the best platform to thrive in the competitive security sector.
So, what does being a Partner mean? And how can it make your job easier?
Our Tech
First of all, you have exclusive access to our Advance Controllers, Blades and JanusC4 software. Our in-house development team have been leading the way since our solutions debuted in 2016. Renowned for its ease of use and comprehensive features, our hardware stands out from the competition by offering plug-and-play functionality that simplifies door additions.
Our tech is developed here in the UK, with plentiful stock always available from our Dorset-based warehouse, making ordering new stock quick and reliable.
Competitive Cost
As you’ll likely know, JanusC4 is among the most competitively priced access control solutions on the market. We’ve invested heavily in the development of its functionality so it can deliver exceptional value to your customers, ensuring it earns its reputation as a workhorse of the AC industry. With sales only made to registered Partners, you won’t be competing on price against retailers, either.
Free Training
You may have met Robert, our in-house trainer. He’s created both online and in-person workshops designed to impart an in-depth understanding of our products and their application. Our training is completely free and includes collaborative modules with industry leaders like Assa Abloy and Gamanet.
See more on our training event schedule here.
Partner Zone
The Partner Zone on the website allows you to instantly access documentation like data sheets, installation guides and product information at the click of a button. And if you need assistance with a project, our tech support team is available 27/7. ..."
https://www.grosvenortechnology.com/insights/what-being-a-partner-can-do-for-your-business/