EXPANDING REVENUE STREAMS and increasing profitability are never ending battles for security integrators. Adapting your offerings to capitalize on emerging technologies that serve critical needs — without falling for flash-in-the-pan trends that quickly fade — is one of the surest ways to boost your bottom line and ensure business survival for the long haul.
WHENEVER A SECURITY DEALER OR INTEGRATOR can add value to a traditional security system through a service, there is an opportunity to offer it as a chargeable service to generate recurring monthly revenue (RMR).
The Wave Wisenet and Keep by Feenics integration provides a unified monitoring experience for system operators and includes the ability to view live video, review archived video related to alarm activity and export recorded video clips, all from within the Keep Windows App.
The New DICE Corporation is empowering security integration companies with Matrix Integrator, a cloud-based video event monitoring, surveillance and alarm notification suite for any video system, anywhere, at any time.
When security integrators look at 2021 as the year that they hope to grow RMR, remember that being hopeful isn’t a strategy for change and an action plan is needed. IBM and Zoom provide valuable examples to follow.
Like individuals who resolve to lose weight or save more, businesses have resolutions or goals, many of which do not get executed or even incorporated into the upcoming year’s business plan. Just like “I am going to lose weight” needs a resolve to change exercise and eating habits, so too do business objectives require the thoughtful and deliberate strategy to deliver the desired outcome.
This partnership enables alarm dealers to package cybersecurity and identity theft protection when selling alarm systems, adding significant value to the customer, and providing the dealer with an opportunity to increase RMR from both new and existing customers.
PSA Adapt 2020 — PSA’s version of the online industry conference — took place Oct. 6-8, providing three days of leadership-driven education for PSA and USAV members and partners.
The online classes are free and will be held every Tuesday at 10 a.m. and 1 p.m. EST, followed by a question and answer session, and the introduction of iSecure Complete Cellular Connected Home Security Systems.