The metamorphosis of the security industry into a services-based business capable of serving many sectors has taken hold, evidenced by the largest security providers — the 2013 SDM 100.
The metamorphosis of the security industry into a services-based business capable of serving many sectors has taken hold, evidenced by the largest security providers — the 2013 SDM 100.
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.
Do you think your security dealership or systems integration company may qualify to be ranked on the SDM 100 Report or the SDM Top Systems Integrators Report? Published annually by SDM Magazine, these reports provide an excellent opportunity to market your company to potential customers as one of the industry’s most well-recognized businesses, as well as to attract employees and impress potential investors.
The industry’s largest security companies are seeing their markets change from stalled to hesitant to active; while the SDM 100 itself is changed to allow ranking of integrators with RMR.
Turning the corner on the 2010 economy was like telling off a friend who had it coming — you got to offload some of the poison, and you could move forward with a lesser burden. While the performance of the security industry in 2010 was less than stellar, there were some generally positive economic indicators in the first two quarters of 2011 that hold promise.
Take a look at the facts and figures featured in the SDM 100 report for 2011: There’s much to smile about this year, as more than eight in 10 of SDM 100 companies (82 percent) thinks 2011 will bestow increased revenues compared with last year.
View an abridged version of the SDM 100 report as well download the entire report.The SDM 100 has been published since 1991. Its primary objective is to measure consumer dollars gained by security companies, in order to present an account of the size of the market captured by the 100 largest security providers.