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What we are going to concentrate on is enhancing professional security or connected home experience. ”From voice to video, the “it” technology of the moment has a positive effect on dealers, says Greg Blackett, of Tyco Security Products. “A lot of these products drive interest in security. There is an opportunity there in the form of reaching a customer that hasn’t had security
before by delivering new products. Maybe they will start with a point product but then possibly migrate to a more secure, professional solution. Those are the types of things that will help us…. As an industry we are doing good work making sure products can connect in a meaningful way. ”While homeowners are nearly 2. 5 times more likely than renters to have a working security system, a significant portion 43 percent of recent buyers acquired their
systems as part of the purchase of a new or existing home. While interactive services have taken hold in the industry, radically improving customer satisfaction and retention, the addition of home control products including lighting and thermostats has also expanded the value of security solutions. Bundling smart energy, home security, and smart home services has made the security industry the leading channel for smart home services.
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I was concerned years ago when the $99 and free alarms started appearing, so we started to do more commercial work. It changed, but it didn’t kill it. We still do a lot of residential. It just improved the installed base. The beauty of this industry is that installed base of systems in homes and businesses that are there regardless of who is living or working there. People like us who have been here and toughed it out have the opportunity to pick up some of that orphaned installed base. ”White doesn’t see that
slowing down anytime soon. “2017 will be a year filled with continued consolidation. The influx of private equity funds into this hot space will fuel mergers and acquisitions. There is continued interest from Internet giants and other entrants into this space that will cause disruption to the
traditional business models. However, there is enough consumer demand to support the traditional and new business models that play in our sector.
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This
systems-chicago.html">means that an intruder no longer has to enter a building in order to be detected, because he will trigger the alarm as soon as he is detected outside. They have range of thirty five feet, operate day or night in any type of weather conditions and can easily tell the difference between a dog, a cat or a human. This means that you will never have to be bothered by false alarms and you certainly won’t have to contend with an intruder in your home. Another thing that has made todays security systems far more effective and reliable is wireless technology, that improves systems in a number of areas. Prior to wireless technology, a security system was connected by a series of wires running throughout a building and just like you have seen in the movies these wires could be cut to disable the system. Not only that but monitored systems had to be connected to the monitoring station by a land phone line that could also be cut to disable that end of the system as well.
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