Intelligent traffic management systems (ITMS) are becoming a key tool in modern mobility and safety strategies worldwide. According to a recent report by Grand View Research, Inc., the global market volume for intelligent traffic control will grow to £48.67 billion by...
Security Industry
Market report: Global smart building market growing rapidly – security solutions driving development
The global market for smart buildings is poised for sustained growth. According to a recent report by Grand View Research, Inc., the global market volume for smart buildings will grow to £554.02 billion by 2033. Analysts forecast an average annual growth rate (CAGR)...
Prosegur uses generative AI in internal IT support in Europe and Latin America
Madrid. International security services provider Prosegur has teamed up with Telefónica to roll out the generative AI agent Gen IA across its European and Latin American branches. The solution is part of the Smart Workplace All in One virtual workplace concept and...
Giesecke+Devrient acquires payment and banking services from Bank-Verlag
Giesecke+Devrient (G+D) is acquiring key parts of Germany's critical payment infrastructure: the company is purchasing the Payments & Banking Services division of Bank-Verlag GmbH, a subsidiary of the Association of German Banks (BdB). With this transaction, G+D...
The IT job market in 2025: statistics show improvement, but reality remains challenging
The German IT job market will remain structurally tense in 2025. Although the number of unfilled IT positions has declined compared to the record year of 2023, there is no sign of relief. According to the latest figures from the Bitkom Study 2025, there is a shortage...
German KÖTTER Group expands its regional footprint with northern and southern acquisitions
Germany’s leading family-owned security company, the KÖTTER Group, has announced a significant expansion across northern and southern Germany. The company has acquired STuK Sicherheitstechnik GmbH in the north and integrated contracts and staff from DS Security GmbH...
Real-Time Location Systems: Market for manufacturing and automotive technology to grow to nearly USD 3 billion by 2030
According to a recent report by MarketsandMarkets, the market for real-time location systems (RTLS) in the manufacturing and automotive sectors is expected to grow from USD 1.19 billion in 2025 to USD 2.94 billion by 2030, representing a CAGR of 19.9%. RTLS as a...
Halma acquires healthcare communications specialist Static Systems
The Halma Group, a global provider of life-saving technologies, has acquired Wolverhampton-based Static Systems Holdings Limited. Static Systems specialises in critical communications systems for the healthcare sector. The company's technologies enable hospital...
Allied Universal sells majority stake in AMAG Technology
Allied Universal has sold its majority stake in AMAG Technology, a leading global provider of integrated solutions for high-security access control, identity management, guest and video management, to growth investor Shore Rock Partners. Allied Universal will retain a...
Metco and Smiths Detection open new high-tech plant in Saudi Arabia
Metco will join forces with Smiths Detection to build a new, state-of-the-art assembly and production facility in Saudi Arabia. The plant is scheduled to commence operations in the first quarter of 2026. The site will serve as a centre for the assembly, commissioning...
