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Motorola Launches Smart Radio for Mission Critical Communication
ZACKS· 2025-04-11 14:05
Motorola Solutions, Inc. (MSI) recently announced the launch of APX N70 XE smart radio, designed to facilitate mission-critical communication for firefighters and emergency medical services. The latest addition to Motorola’s robust smart radio lineup is engineered to ensure seamless voice communication even in harsh environments.It boasts several smart data applications with unique features. SmartMessaging app facilitates seamless exchange of multimedia, including videos, while its SmartMapping enables resp ...
MSI Enhances CCLEA's Training Curriculum With V700 Body Cameras
ZACKS· 2025-04-07 16:40
Motorola Solutions, Inc. (MSI) recently announced that Collin College Law Enforcement Academy (CCLEA) has opted to deploy Motorola’s V700 body cameras into its training program. This move aims to provide recruits with hands-on experience in the critical technology necessary to excel in the ever-evolving world of policing. Police officers frequently operate in critical environments where they encounter unpredictable and potentially hazardous situations. These encounters pose risks, including physical harm an ...
MSI Expands Avigilon Security Suite With New Features: Stock to Gain?
ZACKS· 2025-04-01 17:55
Motorola Solutions, Inc. (MSI) recently announced a major advancement in critical communication infrastructure with the introduction of new capabilities within its state-of-the-art Avigilon physical security suite, which provides secure, scalable and flexible video security & access control to organizations worldwide. By enhancing the solution's capabilities, Motorola is poised to improve the safety of employees, visitors, and service providers while facilitating smoother collaboration with public safety ag ...
Motorola Focuses on Inorganic Growth to Augment Market Position
ZACKS· 2025-03-31 14:51
Motorola Solutions Inc. (MSI) is poised to benefit from a holistic growth focus, with healthy organic growth and opportune acquisition initiatives backed by disciplined capital deployment. Its competitive position and attractive portfolio for a large addressable market augur well for long-term growth. The company has been very active on the acquisition front to expand its geographical presence and extend its operating portfolio. InterDigital Inc. (IDCC) is a pioneer in advanced mobile technologies that enab ...
MSI Unveils AI Powered Security Devices for Extreme Environments
ZACKS· 2025-03-27 17:40
Motorola Solutions, Inc. (MSI) unveiled its Pelco portfolio, an innovative suite of AI-powered devices tailored for enterprises operating in high-demand environments, such as oil and gas sectors, as well as ports. Leveraging its extensive engineering expertise and ongoing investments in research and development, the Pelco product lineup includes fixed cameras, ruggedized and long-range cameras, smart sensors and AI analytics that seamlessly integrate with a wide range of third-party video management systems ...
Motorola Solution Boosts Safety of San Luis Police: Stock to Gain?
ZACKS· 2025-03-13 17:13
Motorola Solutions, Inc. (MSI) recently announced that the San Luis province, Argentina has opted to deploy Motorola TETRA (Terrestrial Trunked Radio) system to boost safety of police forces, first responders and community. Neighboring provinces of Santa Fe, Córdoba and San Juan has already deployed MSI’s mission-critical radio communication system, highlighting growing prominence of the MSI solutions in the Latin American nation.Police officers and frontline workers often have to work in a hostile environm ...
MSI Boosts Situational Awareness of Australian Police: Stock to Gain?
ZACKS· 2025-03-07 19:05
Motorola Solutions, Inc. (MSI) announced that the Western Australian Police force integrated automatic number plate recognition (“ANPR”) system in their vehicles through Motorola’s PSCore mobile application. PSCore is a comprehensive mobile application from Motorola Solutions that combines situational awareness data from the Computer-Aided Dispatch system and productivity data from the Records Management System into one screen. This improves decision making and streamlines several critical functionalities s ...
MSI Boosts Public Safety With RapidDeploy Buyout: Stock to Gain?
ZACKS· 2025-02-24 16:10
Motorola Solutions Inc. (MSI) has enhanced its public safety and emergency communication service portfolio through the buyout of RapidDeploy, a complementary cloud-native 911 solution provider for public safety. The acquisition of this Austin, TX-based firm aligns with Motorola's ongoing efforts to bolster its emergency coordination solutions, reinforcing its position in the public safety and enterprise security sectors.What RapidDeploy Brings to the Table for MSIRapidDeploy offers a comprehensive Next Gene ...
MSI Cloud Solutions Get Highest FedRAMP Authorization: Stock to Gain?
ZACKS· 2025-02-19 16:25
Motorola Solutions, Inc. (MSI) recently announced that it has received the highest-level security authorization from the Federal Risk and Authorization Management Program (FedRAMP) for its federal cloud offering. With the FedRAMP High Authorization, federal agencies, as well as state and local agencies, will be able to deploy Motorola’s purpose-built cloud technologies with confidence to meet the highest government standards for managing sensitive, unclassified data.The authorized technologies include Motor ...
Motorola Solutions(MSI) - 2024 Q4 - Annual Report
2025-02-14 20:37
Sales and Revenue - In 2024, Motorola Solutions' net sales for the Products and Systems Integration segment were $6.9 billion, accounting for 64% of consolidated net sales[20]. - The Software and Services segment generated net sales of $3.9 billion in 2024, representing 36% of consolidated net sales[27]. - LMR Communications technology represented 83% of the net sales within the Products and Systems Integration segment in 2024[24]. - Video technology accounted for 17% of the net sales in the Products and Systems Integration segment in 2024[26]. - LMR Communications services made up 60% of the net sales in the Software and Services segment in 2024[30]. - Video technology represented 20% of the net sales in the Software and Services segment in 2024[35]. - Command Center technology accounted for 20% of the net sales in the Software and Services segment in 2024[41]. - The U.S. government was the largest customer, contributing approximately 9% of consolidated net sales in 2024[44]. - In 2024, 28% of the company's revenue was generated outside of North America[99]. Backlog and Future Revenue - As of December 31, 2024, the backlog for Products and Systems Integration was $4,135 million, while Software and Services backlog was $10,562 million, totaling $14,697 million[49]. - Approximately 57% of the Products and Systems Integration backlog and 24% of the Software and Services backlog is expected to be recognized as revenue during 2025[50]. - The backlog related to the Airwave services contract was adjusted by $777 million due to a legal order, but an additional $748 million was recorded following a contract extension[50]. - The company recorded an additional backlog of $748 million related to the extension of the Airwave services to December 31, 2029[98]. Research and Development - R&D expenditures increased to $917 million in 2024 from $858 million in 2023 and $779 million in 2022, with around 9,000 employees engaged in R&D activities[53]. - The company has approximately 6,485 granted patents and 725 pending patent applications as of December 31, 2024, with 265 patents granted in 2024 alone[58]. Employee Engagement and Development - The company employs approximately 21,000 people globally, with 40% in engineering roles, reflecting a strong focus on human capital[72]. - The company emphasizes a commitment to employee development through structured mentorship and training programs, enhancing skills for public safety and enterprise security[73]. - The total rewards package for global employees includes stock grants, bonuses, healthcare, and flexible work options, aimed at attracting and retaining talent[75]. - The company reported high levels of employee participation in engagement programs in 2024, indicating a supportive workplace culture[76]. Competition and Market Position - The company faces competition from major players in LMR, Video, and Command Center technologies, including Airbus, Bosch, and Honeywell[48]. - The company actively participates in the development of standards for interoperable systems, enhancing its competitive advantage in core product areas[56]. Risks and Compliance - The company faces risks related to the introduction of new products and services, including increased competition and compliance obligations, which could impact market share and financial condition[83]. - The company may face challenges in retaining key employees from acquired businesses, which could impact integration efforts[91]. - Supply chain disruptions and increased material costs could negatively affect the company's ability to meet customer demands and impact financial results[94]. - The company is committed to maintaining product quality to meet customer expectations and regulatory standards, as quality issues could lead to significant financial and reputational damage[92]. - The company is aware of the potential social and ethical risks associated with AI technologies, which could impact business reputation and customer acceptance[87]. - The company faces significant risks under large, multi-year system and services contracts, including technological, financial, and cybersecurity risks[96]. - The company is exposed to complex global risks due to its operations outside the U.S., including currency fluctuations and compliance with international laws[101]. - The company may face increased costs and potential liabilities due to evolving laws and regulations regarding cybersecurity and data protection[113]. - The company faces uncertainty regarding cross-border data transfers due to varying regulations in countries like Australia and Brazil, which could impact service delivery[116]. - The company is subject to scrutiny regarding its environmental, social, and governance (ESG) practices, which may impact its reputation and business operations[108]. Financial Performance and Shareholder Returns - The company declared quarterly dividends of $0.98 per share for the first three quarters of fiscal 2024 and $1.09 per share for the fourth quarter[179]. - As of December 31, 2024, Motorola Solutions had repurchased approximately $15.8 billion of its $18 billion share repurchase program, leaving about $2.2 billion available for future repurchases[183]. - The five-year cumulative total shareholder return for Motorola Solutions increased to $306.85 by the end of 2024, compared to $100 at the end of 2019[185]. Cybersecurity and IT Risks - The company faces increased cybersecurity threats that could negatively impact operations, sales, and operating results due to potential breaches of IT systems[132]. - The reliance on outsourced partners for IT and network connectivity exposes the company to elevated risks, particularly from public carrier networks[133]. - A significant disruption in IT systems could result in substantial costs for repairs, loss of critical data, and interruptions in service delivery[134]. - The company has implemented a global incident response procedure to manage cybersecurity threats and protect its information systems[156]. - The company maintains a broad portfolio of cybersecurity insurance to ensure appropriate protection against risks[159]. - The company’s cybersecurity program is assessed using frameworks such as the NIST Cybersecurity Framework to manage risks effectively[155]. - The company regularly reviews its cybersecurity and information security reports with the Audit Committee to oversee risks related to cybersecurity threats[161]. Strategic Acquisitions - Recent acquisitions include 3tc Software for $22 million, Noggin for $91 million, and Silent Sentinel for $37 million, among others, totaling significant investments in technology[51]. - Strategic acquisitions are planned to address growth opportunities, but they introduce risks related to integration and achieving anticipated benefits[89]. Product and Technology Innovations - The company aims to enhance safety and security through integrated technologies that unify data and improve operational collaboration[191]. - The Command Center portfolio aims to enhance communication and collaboration between public safety agencies and community members during emergencies[210]. - The software includes AI-powered call transcription and language translation, improving efficiency in 911 communications centers[211]. - Next Generation 911 Core Services (NGCS) facilitate the processing of 911 calls using advanced technology, including voice, data, and multimedia capabilities[212]. - The Emergency Service IP Network (ESInet) supports text, video, and data responses, enhancing the capabilities of 911 call takers[212]. - Interoperability solutions within the Command Center ensure communication across various networks, improving coordination among public safety agencies[213]. - Push-to-talk (PTT) devices enable voice communications over LTE and Wi-Fi, enhancing connectivity for first responders[213]. - The Command Center's incident management solutions help secure people and facilities while sharing critical information with public safety[211]. - Integrated records and evidence management software supports investigations and community engagement through crime mapping[211]. - The company offers mass notification and alerting systems, including panic button mobile applications, for emergency management teams[211]. - The continuous communications network and security operations center are dedicated to public safety, enhancing overall response capabilities[212].