Motorola Expands Software Portfolio To Help Investigators
Zacks Investment Research | Oct 17, 2019 09:24PM ET
In order to bring more efficiency and accelerate law enforcement investigations, Motorola Solutions, Inc. (NYSE:MSI) has added ballistics and crime gun intelligence to its software portfolio. This is a result of integration of Vigilant BallisticSearch, which provides ballistics image capture and analysis, and Vigilant CrimeSearch — a new pattern crime mapping, data retrieval and analysis tool.
As a leading provider of mission-critical communication products and services globally, Motorola has ensured a steady revenue stream from this niche market. The communications equipment maker continues to strengthen its position in the public safety domain by entering into alliances with other players in the ecosystem.
In unison, the above-mentioned solutions facilitate law enforcement agencies to connect apparently different crimes to identify patterns, accelerate case closures and improve public safety. BallisticSearch and CrimeSearch are currently available to law enforcement customers worldwide.
Markedly, BallisticSearch is a portable hardware and software solution that allows law enforcement personnel to capture, analyze and compare 2-D images of fired cartridge casings. The solution is priced at a fraction of the cost of traditional computerized ballistics imaging systems. This should help close gaps in the use of ballistics intelligence and accelerate crime investigations.
CrimeSearch is a pattern crime mapping, data retrieval and analysis solution. It automates how agencies collect, associate, map and leverage law enforcement data, investigative information and forensic reporting results to advance criminal enforcement strategies and tactical operations.
Meanwhile, Motorola is likely to benefit from organic growth and acquisition initiatives, disciplined capital allocation, and favorable macroeconomic climate. Its competitive position together with an attractive portfolio for large addressable market augurs well for future growth. For the third quarter of 2019, the company expects revenue growth of around 6.5% year over year. It anticipates non-GAAP earnings per share between $1.91 and $1.96.
Motorola has long-term earnings growth expectation of 7.7%. Driven by strong business trends including the value of its unique public safety ecosystem, the stock has added 52.8% compared with the Zacks Investment Research
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