Tag: RMR
Gain incremental RMR with new Pro NAPCO HD Video WiFi Cameras & Doorbell
May 17, 2022SSN Staff
AMITYVILLE, N.Y.—NAPCO Security Technologies is excited to introduce new Professional NAPCO HD Video WiFi Cameras & Doorbell, now in-stock and available. Put video accounts online in less than 10 minutes with affordable pro video and gain incremental RMR from residential and SMB accounts.
The NAPCO HD video WiFi cameras & doorbell offer top features, including Night Vision or New Ultra StarLight Night Vision, 2-Way Talk and HD Resolution Video, up 30fps@2.0MP (1920x 1080). Easily scan and...
Pro-Vigil launches new partner program
July 8, 2020SSN Staff
SAN ANTONIO, Texas—Pro-Vigil, provider of remote video monitoring and crime deterrence solutions, announced the launch of its Pro-Vigil Partner Program. The new program enables organizations to leverage Pro-Vigil’s remote video monitoring service to grow their businesses with recurring monthly revenue (RMR.) The program also helps partners build stronger customer relationships, develop long-term contracts, and diversify their service portfolio to maintain a competitive edge in the...
Build predictable recurring revenue in unpredictable times
July 1, 2020Ginger Hill
YARMOUTH, Maine—The “as-a-service” business model and approach is designed to help build recurring revenue for integrators; it’s no longer feasible to simply install a system, have the customer pay for the system outright, and then move on to the next customer. As-a-service is a powerful enabler to integrators to approach business in a new way, pivoting and being nimble, while embracing what customers are asking for, and in return, reaping the rewards of consistent revenue.
“What’s...
The value of pro monitoring still strong despite recent challenges
June 3, 2020Paul Ragusa
DALLAS—Parks Associates' Research Director Brad Russell shared some additional research with Security Systems News from Parks' “IoT: Extending Professional Monitoring for New Revenue” study that shows the value of professional monitoring is still strong despite recent challenges.The research addresses how innovative companies are driving new revenue by extending professional monitoring services and offerings within the connected home.Diving deeper into the numbers, monitoring revenue will...
Business resiliency during crisis
April 8, 2020
YARMOUTH, Maine—At this point in the global pandemic, unemployment is soaring; furloughs are plenty; some businesses are no longer in existence; and according Bloomberg Economics' model, chance of recession in the U.S. now stands at 100 percent. The time is now for security integrators to quickly adapt to these and other disruptions while at the same time maintaining continuous business operations and keep people safe by prioritizing what is most critical to be done. Easier said than done.The...
ADT maintains the safety of customers and employees
March 24, 2020SSN Staff
BOCA RATON, Fla.—Today, ADT provided an update on the measures it is taking to respond to the COVID-19 health crisis.
“As COVID-19 is testing our nation's resolve, it's also bringing out the best in many people and businesses, and this is especially true at ADT,” Jim DeVries, president and CEO, ADT said in the announcement. “I've seen a tremendous outpouring of compassion and commitment from our team members to support each other and help keep our customers safe. With the...
Does a managed services model work for integrators?
March 18, 2020Paul Ragusa
YARMOUTH, Maine—As the industry moves to more of a managed services model — PSA's Managed Security Service Provider (MSSP) program is a good example of that — this month's News Poll looks at what companies are doing to increase their overall RMR through this type of business model.When asked, “Is your company moving to more of a managed service, RMR-type model?” more than half (53 percent) of respondents said yes, with another 29 percent saying “somewhat”...
Integration of smart devices key to driving RMR growth
December 19, 2018SSN Staff
DALLAS—New research from Parks Associates shows the integration of smart home products will be key to drive new recurring monthly revenue (RMR) growth among security companies.Parks' “360 Deep Dive: Driving RMR Growth with Add-on Products & Services” notes the security industry has experienced flattening RMR growth as adoption of interactive services has exceeded 50 percent of security subscribers.“Today, over three quarters of new security subscribers have interactive services,...
Electric Guard Dog's RMR surpasses $2m mark
February 7, 2014SSN Staff
COLUMBIA, S.C.—Electric Guard Dog's recurring monthly revenue is more than $2 million, a 17 percent increase over RMR at the end of 2012, the company announced Feb. 6.
Company CFO Nathan Leaphart said the growth is a result of getting the word out about the company's electric perimeter security service.
In a prepared statement, CEO Jack DeMao said, "We've raised brand awareness by hiring outside sales representatives to foster direct, personal relationships with our customers, we've invested...
NorthStar surpasses $1m RMR milestone
December 11, 2013Tess Nacelewicz
OREM, Utah—Summer sales company NorthStar Alarm Services says 2013 was the best season in the company's 13-year history, helping to propel the company's RMR to more than $1 million. And NorthStar, based here, also recently announced a bold vision for its future: a plan to reach $5 million in RMR over the next five years.That's an “ambitious goal,” NorthStar President Jason Christensen told Security Systems News. He's confident in NorthStar's ability to achieve it, but said the plan...