Security system dealers and integrators are being tasked with determining a solution that helps staff members both feel safer in their work environment and become proactive about their personal security as well as those around them. Today, dealers and integrators can choose to leverage an enterprise mobile duress system for increased employee protection.
Not only does the SDM 100 now have a new top 3, but signs of the SDM 100 becoming more of a services-focused business model are apparent.
Since the SDM 100 began ranking security companies by their recurring monthly revenue (RMR) in 2007, the top three companies have been ADT, Protection 1 and Monitronics (with the exception of Brink’s Home Security/Broadview, which subsequently was acquired by ADT).
The 2012 SDM 100 ranks U.S. companies that provide electronic security systems and services to both residential and non-residential customers. This ranking is based on information provided to or, in few cases, estimated by SDM. Ranked companies were asked to submit either an audited or reviewed financial statement, or a copy of their income tax return showing total gross receipts for the stated period. The vast majority of the firms ranked are privately held.
The SDM 100 has been published since 1991. Its primary objective is to measure consumer dollars gained by alarm companies, in order to present an account of the size of the market captured by the 100 largest security providers. SDM 100 firms are ranked by their recurring monthly revenue. RMR is the amount of contractually recurring revenues due from customers, for such services as monitoring, contracted service and system maintenance, and leasing of security systems.
There are no flashy changes or broad shifts to be found in the fire alarm market in 2012. In fact, in a lot of ways, the 2012 fire alarm market looks very similar to the 2011 market. Despite a lack of healthy construction in the commercial space, the industry continues to move forward — supported by code requirements, mandatory inspections, insurance incentives, and the simple unremitting need for life safety.
For years, the physical security industry has predicted the “tipping point” in the video surveillance market as the point in time when Internet protocol (IP) video will outsell analog video. But are you paying attention to the other tipping point? Yes, access control has a tipping point of its own — the point when smart cards will outsell legacy cards.
Video surveillance, for all its clear benefits, comes with its equal share of barriers: storage limitations, image quality and resolution demands, price concerns, a painfully absent ease-of-use. There’s a whole list.