Post-downturn, home builders that traditionally eschewed technology are waking up to a ‘new’ reality and embracing home control and automation in a big way.
Whether you plan to sell your company now or in the future, knowing the proper steps to take before and during the sale will help you to maximize your profits.
Visitor management today tends to assimilate with a company’s policies and procedures. And that offers opportunities for security integrators to make it a front-and-center sale, rather than as an afterthought to an access control system.
Among this year’s Central Station Excellence Awards finalists, one will find the characteristics of dedication, courage and ingenuity on the front lines, proving that they truly are the ‘best of the best’ in the alarm industry.
A broader base of competition, margin erosion, and pressure on end user budgets all played their part on performance, but integrators experienced enough opportunities to counter those impediments to growth.
While there has been no shortage of market pressures and disruptive influences on the security business lately, systems integrators nonetheless performed well last year. As a group, the integrators encapsulated in SDM’s 2015 Top Systems Integrators Report didn’t show much growth — just 0.3 percent. But that had more to do with the structure of the report than with the companies’ individual accomplishments in 2014.
Homeowners are looking to the security market for more than keeping the bad guys out; they want integrated access control and video packages that will help them manage their residences, even when no one is home.
Motivational writer Napoleon Hill wrote in his 1937 bestseller, Think and Grow Rich, that “You are the master of your destiny. You can influence, direct and control your own environment. You can make your life what you want it to be.” Fast-forward several decades and one could apply that same quote with a few liberties; for example, swap destiny, environment and life with the word “home” to describe what technology can do for the residential security market.