DICE Spins-off Telecom Division to Form IPtelx.net
January 6, 2016
DICE Corporation announces IPtelX.net, a telecommunications spinoff of its telecom services business, which is designed to allow DICE to remain focused on security industry software solutions while the new company deals with VoIP in the alarm industry.
DICE Corporation built some of the company’s first software in the PERS and two-way alarm business in the mid-1990s. Since then, DICE has continued focusing on voice-based PERS and has a large presence in medical and audio alarm centers in North America, according to press release by DICE.
In the early 2000s, DICE built its own PBX using Asterisk-based code, which grew to more than 100 switches in the field today, managing small to very large call and monitoring centers. In 2013, Cliff Dice, CEO, and his son Jordan Dice created a new company to serve DICE clients and the alarm industry at a larger scale. With DICE’s PBX business and Jordan’s telecom carrier business, IPtelX.net was formed in late 2014 as an independent telecom carrier.
DICE loses close to $1.5 million in revenue with the spin-off, said a DICE release; however, with the growth DICE Corporation has experienced in 2015, they have replaced over half of that revenue, while IPtelX.net has expanded on that revenue in 2015.
“This type of business fit like a glove with DICE’s PBX business and added great value to my clients with significant voice systems requirements,” Cliff Dice said. IPtelX.net is also a RespOrg, which is one of only a few 800-number suppliers and managers within the North American network.
IPtelX.net has also gained Internet or ISP status and has begun using its contracts with telecom carriers to install high bandwidth data circuits to businesses and monitoring centers. Today, the company can deliver fiber data circuits and cable circuits anywhere in the U.S. Consequently, IPtelX.net can provide edge networks directly to the end users and manage and monitor these networks, providing cameras on the edge a way to communicate with DICE’s mirrored and redundant cloud centers. This ability gives both integrators and alarm installation companies a large advantage, said DICE, as these companies can now resell bandwidth directly to end users, isolating their products and providing a security network.
Jordan Dice is the CEO for IPtelX.net. In its first year, the company delivered multiple millions of units of usage to the client base; many are hosted in DICE cloud centers. In 2015 alone, IPtelX.net delivered redundant high-grade trunks to monitoring and call centers, as well as to some large banking and financial institutions. This is the fifth company that DICE has spun-off in the alarm and monitoring industries.
“We are an engineering lab and want to remain focused on our software, monitoring centers and call centers — specializing in security and surveillance,” Cliff Dice said. “We drift into many areas of a monitoring business with our sales systems, service systems, fire systems and monitoring software — as well as video management, PBX and voice systems. However, each time we have a large opportunity, as in the case of IPtelX.net being a worldwide telecom carrier, we develop a specialized focus with its own management and team that’s required to be successful,” Dice said.
Dice acknowledged that having separate companies does not prevent collaboration, as DICE uses IPtelX.net exclusively in its cloud centers where PBX and network signaling products are hosted. “We see DICE having a huge competitive advantage using IPtelX.net to bundle Internet and voice products, and we remain focused on what our clients need from us,” Dice said.
IPtelX.net has begun working with DICE’s alarm automation competitors and will continue to do so in the future. “The security industry will be hearing much more from both of these companies. Jordan and I have just scratched the surface with some of these technologies and there is so much more we can do to automate centers and their clients’ businesses,” Dice said.