Log in
Show password
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Dynamic quotes 
  1. Homepage
  2. Equities
  3. France
  4. Euronext Paris
  5. Somfy SA
  6. News
  7. Summary
    SO   FR0013199916


SummaryMost relevantAll NewsAnalyst Reco.Other languagesPress ReleasesOfficial PublicationsSector newsMarketScreener Strategies

Somfy : UL Recognizes Somfy Smart Control as First Home Automation Device to Achieve IoT Security Rating

05/19/2021 | 09:06am EDT

UL, the global safety science leader, today announced that Somfy is the first home automation company to be recognized for achieving UL's IoT Security Rating with its TaHoma switch smart control product.

This Gold level IoT Security Rating, as evaluated by UL, demonstrated that the Somfy TaHoma switch smart control uses industry best practices and meets critical benchmarks for Internet of Things (IoT) cybersecurity.

Somfy operates in 58 countries and has been producing automatic controls for openings and closures in homes and buildings for more than 50 years. It offers a range of motorized solutions and control points for smart home systems.

UL's IoT Security Rating Gold level assessment helps demonstrate implementation of extensive baseline security capabilities for the Somfy TaHoma switch, such as no default passwords, secure updates and connections, access controls, stored and transmitted data security and mobile app security maintenance, among others.

The IoT Security Rating is a security claim Verification and labeling solution for IoT products that categorizes products according to an ascending five-level scale: Bronze, Silver, Gold, Platinum and Diamond. Verified products receive a differentiated UL Verified Mark security label - specifying the achieved security level - and are evaluated on an ongoing basis by UL.

UL's solution helps manufacturers and developers demonstrate the security due diligence of their products by leveraging proven best practices and rating the security posture of IoT products. This helps to improve the transparency of security with customers and assist them in making conscious and informed purchasing decisions. UL's IoT Security Rating also supports manufacturers by helping to demonstrate that their products meet the threshold of reasonable security features as required in IoT security regulations and recommended in IoT security guidelines globally.

Somfy's particular UL Verified Mark code can be accessed on the UL Verify website (TaHoma switch) and Somfy will be utilizing the UL Verified Mark on their products, marketing and distribution channels to demonstrate their high level of commitment to security to customers.

'At Somfy, we have spent the last 50 years making life easier for millions of users around the world. With extensive security practices and capabilities built into our product development process, ensuring the security of our smart home products is an essential part of that commitment,' said Guillaume Caillet, home services product line manager, Somfy. 'We're extremely pleased to have achieved the Gold level of UL's IoT Security Rating for our TaHoma switch product. We believe UL's third-party Verification helps Somfy continue to put our customer's peace of mind first, while delivering a comfortable, safe and secure smart home experience.'

'As part of UL's decades of cybersecurity experience and rapidly growing IoT security practice, we are proud to recognize Somfy for earning the first IoT Security Rating for a home automation company,' said Isabelle Noblanc, global vice president and general manager of UL's Identity Management and Security division. 'This Gold level rating achievement helps verify the security due diligence Somfy has built into their TaHoma switch smart control, helps demonstrate their cybersecurity posture to the marketplace and empowers customers to make purchase decisions based on the security built into Somfy connected products.'

About UL

UL is the global safety science leader. We deliver testing, inspection and certification (TIC), training and advisory services, risk management solutions and essential business insights to help our customers, based in more than 100 countries, achieve their safety, security and sustainability goals. Our deep knowledge of products and intelligence across supply chains make us the partner of choice for customers with complex challenges. Discover more at UL.com.

For information about Standards development and other nonprofit activities, visit UL.org.

Press Contact

Steven Brewster




(C) 2021 Electronic News Publishing, source ENP Newswire

All news about SOMFY SA
09/20SOMFY : is committed to reducing its emissions as part of its new sustainable development ..
09/09GLOBAL MARKETS LIVE : EasyJet, 888 Holdings, Swiss Life, Sony, Walt Disney....
09/09SOMFY : Presentation of 2021 Half-Year Results
09/08Somfy Sa Reports Earnings Results for the Half Year Ended June 30, 2021
09/08SOMFY : 2021 half-year financial report
09/08SOMFY/ : 2021 half-year results and full-year outlook
09/08SOMFY : Interim financial report for end of june 2021 now available
09/08SOMFY : Interim financial report for end of june 2021 now available
09/08SOMFY : 2021 half-year results and full-year outlook
07/21GLOBAL MARKETS LIVE : Netflix, Novartis, Tesla, Autodesk, AMC...
More news
Analyst Recommendations on SOMFY SA
More recommendations
Sales 2021 1 418 M 1 659 M 1 659 M
Net income 2021 239 M 280 M 280 M
Net cash 2021 618 M 723 M 723 M
P/E ratio 2021 23,0x
Yield 2021 1,20%
Capitalization 5 488 M 6 426 M 6 423 M
EV / Sales 2021 3,44x
EV / Sales 2022 3,10x
Nbr of Employees 7 021
Free-Float 20,0%
Duration : Period :
Somfy SA Technical Analysis Chart | SO | FR0013199916 | MarketScreener
Technical analysis trends SOMFY SA
Short TermMid-TermLong Term
Income Statement Evolution
Mean consensus BUY
Number of Analysts 4
Last Close Price 159,60 €
Average target price 195,00 €
Spread / Average Target 22,2%
EPS Revisions
Managers and Directors
Pierre Ribeiro Chief Executive Officer & Head-Investor Relations
Jean Guillaume Despature Chairman-Supervisory Board
Bruno Stragliati Head-Operations & Supply Chain
Victor Despature Vice Chairman-Supervisory Board
Michel Rollier Vice Chairman-Supervisory Board
Sector and Competitors
1st jan.Capi. (M$)
SOMFY SA15.15%6 426
SAINT-GOBAIN62.40%38 195
ASSA ABLOY AB28.89%33 464
TREX COMPANY, INC.28.17%12 376