Have you ever been to one of those corn mazes that pop up every October?

With many of this year’s SDM 100 companies expressing concerns about inflation, rising costs and price increases from their suppliers, Mike Barnes, president of Barnes Associates, addresses the need to consider raising installation AND monitoring prices.

Like the rest of the economy, the security industry is facing down a number of challenges during the second quarter of 2023.

SDM 100 companies reported a wide variety of experiences in 2022, very much depending on the path, location and unique set of challenges that made up their business conditions last year. As a group, however, they continue to rise to the challenges put before them and find their individual path to success.

The winner of the SDM Project of the Year award highlights a larger trend in converting office space to residential.

According to the recently released 2023 Top Security Trends Report from Brivo, there are two leading access control outcomes desired by the respondents to the sixth annual report: experience and convenience. 

The security industry has had to be resilient to withstand the supply chain crisis.

The good news is that the big takeaways were mostly positive, in spite of going on year three of a worldwide pandemic, ongoing supply chain issues, a looming recession and inflation issues.

The video surveillance market grew significantly from 2020 to 2021

The good news is COVID-19 seems to be in the rear-view mirror; but ahead all signs point to a recession. Security dealers and integrators are wary, but cautiously optimistic they can weather this downturn with the skills they have honed in recent years.