business news EU directive for radio equipment results in loss of revenue for alarm manufacturers Zug, Switzerland On 16 April 2014, the European Union adopted a new set of rules for placing radio equipment on the European market, and putting them into service: the Radio Equipment Directive (RED). Anything which uses radio for communications will need to meet these new requirements to be placed on the market in the EU. This includes radio-transmitting electronic fire safety and security devices. EU Member States have had to apply its provisions from 13 June 2016. Manufacturers who were compliant with the existing legislation (R&TTE, LV or EMC Directives) will have until 13 June 2017, to comply with the new requirements. Euralarm has indicated early on that it considers the one-year transition period to be far too short. Now, the advancement of the standardisation initiated by ETSI, the European Telecommunications Standards Institute, seems to prove Euralarm right. Public enquiries have been delayed and the publication of the new standards in the EU’s Official Journal, signalling their effective entry into force, will most likely take place earliest in April 2017, in certain cases even after June 2017. Alarm manufacturers will not be able to place compliant products on the market for an undetermined period of time until compliance is achieved. Loss of revenue could potentially be up to 50% for some companies resulting in significant losses. Figures could be in excess of €0.6 billion across the European supply chain. Market Surveillance authorities shall be made aware of the situation to reassure manufacturers that they will not face legal uncertainty or risk being challenged in the next two years. Euralarm works hand in hand with the European Commission, ETSI and national regulators to minimise negative impact on the industry and monitors the advancement of the standardisation work. H&M renews global loss prevention contract with Nedap Groenlo, The Netherlands Nedap has renewed the global agreement with Hennes & Mauritz (H&M), one of the world’s largest fashion retailers, for the supply of intelligent article surveillance systems. The multi-year contract encompasses the supply and installation of Nedap’s !Sense hardware and tags for new stores and refurbishments. The !Sense solution offers an effective detection performance, enables easy IP-integrations with other devices and direct insights via on board dashboards. The hardware is also fully RFID-ready, which means that a future RFID upgrade is possible with the least complexity and with minimal additional investments. Rob Schuurman, Managing Director at Nedap Retail, commented: “We are extremely proud that H&M has renewed the partnership with us. In fact, we have designed !Sense with global retailers like H&M in mind, who need an effective and future-proof loss prevention solution that reinforces their global expansion and future business plans.” Hennes & Mauritz (H&M), one of the world’s largest fashion retailers. Cisco completes acquisition of Appdynamics San Jose, Ca (USA) Cisco has completed the acquisition of Appdynamics, a leader in application and business monitoring. Together, Cisco and Appdynamics aim to deliver visibility across the network, data centre, security and applications and drive digital transformation that improves customer experiences. Together with Appdynamics, Cisco will now be able to offer intelligence, correlation and insights at every level of the infrastructure, security and application. This will enable customers to make more informed IT decisions and improve business results. “In a digital world, the user ex- perience, application, and business are converged and inseparable. Appdynamics sits at this intersection monitoring the impact of every line of code on business outcomes,” said David Wadhwani, current chief executive officer, Appdynamics. “By joining forces with Cisco, we’re able to double down on our vision of helping companies overcome the complexity of modern software so they can deliver exceptional customer experiences and drive better business performance.” “We acquired Appdynamics because they are a market leader in a category that will be a cornerstone for how enterprises drive their busi- ness forward,” said Rowan Trollope, senior vice president and general manager, Internet of Things (IoT) and Applications, Cisco. “Together, Appdynamics and Cisco will be the only company that can deliver complete visibility spanning from the infrastructure to application to end user.” In its last fiscal period as an independent company, Appdynamics saw year over year revenue growth of over 50%, with approximately 75% of last year’s product revenue purely subscriptionbased*. The company has enjoyed significant success and customer traction, including continued growth with customer wins with the European Organization for Nuclear Research (CERN), Vodafone, and Wells Fargo. Appdynamics will continue to be led by David Wadhwani as a new software business unit in Cisco’s IoT and Applications business, reporting to senior vice president Rowan Trollope. As part of Cisco, Appdynamics will serve a critical role in helping drive Cisco’s continued transformation into a software company. Under the terms of the agreement, Cisco paid approximately $3.7 billion in cash and assumed equity awards. Business & Product News – Every Day! www.securityworldhotel.com 18 • d ete kto r internati onal