Motorola Solutions Investor Relations Material
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Q3 2024
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Reliable Communication Channels
Motorola Solutions is an American company with multinational operations that focuses on communications and analytics solutions, primarily serving public safety and commercial sectors. The company designs and delivers critical communication infrastructure, devices, software, and services, designed to help public safety officials, government agencies, and businesses communicate effectively and securely, especially in critical situations. The company is headquartered in Chicago, Illinois, and its shares are traded on the NYSE.
History and Spin-off
Motorola’s history as a company dates back to 1928 when it was founded as the Galvin Manufacturing Corporation. The company’s big breakthrough came when it started producing car radios just a few years after its founding, leading to the name being changed to Motorola, a blend of "motor" and "ola" (a then-popular suffix for electronics). Over the years, Motorola Solutions evolved, playing a significant role in developing early two-way radios and later expanding into telecommunications and radio communications solutions, particularly for public safety and commercial sectors. In 2011, Motorola Inc. split into two independent companies: Motorola Solutions, which focuses on communication infrastructure, equipment, and services, and Motorola Mobility which operates in consumer mobile devices.
Companies offering similar products and services as Motorola Solutions include names such as Nokia, Ericsson, and Cisco.
Radios, Cameras, and More
Motorola Solutions specializes in a broad range of products and services geared primarily towards communication and public safety. Their product lineup includes two-way radios, body-worn cameras, and advanced data capture devices. The products are designed to be used in emergency situations where having reliable communication channels can be the difference between life and death. In terms of services, the company offers a suite of software and solutions that focus on command center software, video security, and managed & support services. This includes sophisticated data analytics, network infrastructure, and cybersecurity services.
Supplying First Responders and the Military
Motorola Solutions' products and services are utilized by a diverse range of institutions, primarily those involved in public safety and emergency response, such as police departments, fire services, and ambulance services. Additionally, their communication and security solutions are vital for government agencies, including the military and defense sectors. Beyond public safety, these services are also employed in various industries such as transportation, utilities, and manufacturing, where robust and reliable communication is crucial for operational efficiency and safety.