Articles Tagged with ''RMR (Recurring Monthly Revenue)''

Integrators should consider RMR services as a successful business model

There has been a decided push in both technology and interest — from both security integrators and customers — on the cloud-based services that bring recurring monthly revenue.

Although COVID-19 increased demand for wireless access control in general, new technological advances are making it easier for integrators and customers to add more wireless locks — and increase security at a lower cost. 

 Thanks to the pandemic and the digital revolution, mobile credentials and frictionless solutions are becoming the standard when it comes to identification and access.

Integrators who use RMR to cover fixed costs, such as payroll and rent, have greater stability in difficult times. It even changes how they go to market.

Customer demand for smart home security systems grew during the pandemic, and with more integrated conveniences available than ever before, shows no sign of slowing down.

Managed access control is the top cloud-based service integrators are offering their customers, due to improved technology and customer demand.

Despite the uncertainty and challenges it presented, however, the top security dealers held their own, and some even thrived, finding new paths and opportunities.

How the famous Marine motto can be applied to the security industry.