Subscribe to

Blogs

Diebold and Imperial Capital Conference

 - 
Wednesday, December 12, 2012

I'm on my way to New York City, via Elmsford, N.Y. today. I'm heading to "upstate" New York for a visit to Diebold's NY office. When I interviewed Tony Byerly at ASIS, shortly after he took over as head of the security division at Diebold, he was telling me how impressed he was by Diebold in general and the NY operations center specifically.

So, I'll see it for myself this afternoon and will have a report tomorrow.

Later this afternoon I'll be heading into the city for the Imperial Capital investor conference. There's just a reception tonight; the action starts tomorrow. There are like 60 companies presenting 20-minute sessions to investors--or that's my understanding. I haven't been to this conference before. Sounds kind of like investor speed-dating.

New voices join alliance for video-verified alarms

 - 
Wednesday, December 12, 2012

The Partnership for Priority Video Alarm Response has added four new voices to its campaign to increase arrests and reduce property losses through the use of video-verified alarms.

Joining the PPVAR’s board of directors are Jacqueline Grimm, vice president of security solutions for Diebold Inc.; Douglas Curtiss, president of Sonitrol New England; Jon Bolen, chief technology officer for Interface Security Systems; and Robert Baxter, president of Radius Security.

The new directors from the security industry will work with representatives from the National Sheriffs Association and the National Insurance Crime Bureau, an alliance of groups that would have seemed unlikely a few years ago.  

“We’re pleased to join PPVAR to promote priority response to video alarms that are verified by a certified central station,” Grimm said in a prepared statement from the partnership. “[Diebold has] offered alarm verification services for many years, and our focus on priority response, apprehension and risk reduction provides comprehensive threat protection. Also, by assisting law enforcement with a second-by-second situation analysis, we can help improve officer and customer safety while increasing criminal apprehension rates.”

Bolen, who was the chief product officer for Westec before it was recently acquired by Interface, is a 15-year veteran of video verification. He cited its benefits by breaking down the numbers.

“We have reduced and maintained our dispatch rate to less than 3 percent of events handled by our operators, meaning that over 97 percent of the alarms we receive are resolved without the costly, and often needless, intervention of authorities,” he said in the PPVAR statement. “We are pleased to join an organization promoting this kind of value.”

Curtiss of Sonitrol, which has a history working with police to make arrests through audio verification, echoed Bolen’s sentiments.

“Whether it is audio or video, the operator is a witness to a crime in progress,” he said. “From my perspective, the ‘V’ in PPVAR is ‘verification.’ We support his organization and its work to reduce false alarms and make more arrests.”

Canada gets a nod in the PPVAR with the addition of Baxter. He is president of Radius Security, a Greater Vancouver video monitoring central station.

“Alarm response in many cities in Canada has been degrading as budgets and police resources decline,” he said. “Video-verified alarms help us provide greater security for our customers and reduce false alarms for our law enforcement partners.”

A life saved—thanks to a monitored fire alarm

 - 
Wednesday, December 12, 2012

It can be hard for fire installers to convince homeowners they need a monitored fire alarm instead of the inexpensive DIY smoke and fire detectors sold at hardware stores. But those detectors won’t be heard by a person away from home at work or on vacation—or if they’re in situations they never imagined. A Missouri woman got in such a situation recently—and a monitored fire alarm at her home saved her life, according to a story from the West Newsmagazine Network.

According to that publication’s Nov. 29 story, an 82-year-old Cottleville, Mo. woman who uses a wheelchair fell out of the chair while she was cooking and lay helpless on the floor, unable to get back up or reach her phone.

“The stove was on high and eventually burned what was in the pan. Smoke filled the home and activated the monitored alarm system. The alarm company alerted 911, who in turn called the fire department,” the story said.

“Without having the alarm system, we would have likely been dealing with a fatal fire,” said Capt. Scott Bumeter [of the Cottleville Fire Protection District], the story said.

The story added: “Fire departments do not actively promote monitored alarm systems in residential dwellings. However this incident serves as an example of the importance of a secondary means of communication and/or alerting for disabled residents, officials said.”

Maybe it’s time for fire departments to rethink their policy.

Calling all megapixel camera providers!

 - 
Friday, December 7, 2012

Security Systems News is introducing a new monthly Product Spotlight section. Every month SSN will run brief descriptions and photos of products in given categories. The category for January is megapixel cameras.

If you carry this product and want to be included, please email the following information by Tuesday, December 11 to Cath Daggett at cdaggett@securitysystemsnews.com. This deadline is firm.

1.  Company name

2.  Company web site

3.  Product name

4.  Three bullet points that describe your product, each twelve words or less

5.  

Topic: 

Are you getting all you can out of your dispatchers?

 - 
Wednesday, December 5, 2012

Picture the perfect world for a monitoring manager: Every dispatcher takes every call efficiently and professionally, with no need for motivation beyond a paycheck and the satisfaction of a job well done. There are no prizes, awards, back-patting or cajoling, saving you time, money and maybe even a bit of your hairline.

If your central station has a work force that rises to that level, congratulations. Chances are, though, that no matter how many self-motivators you have, you also have employees who are content to just do their time—punch in, punch out, repeat. Maybe the work they’re doing can be considered satisfactory, but that’s not going to cut it in an industry that is getting more competitive by the day.

So how do you get those staffers to take it up a notch to help themselves and your company? To answer that question, the CSAA has recruited Amy Becht and Michelle Lindus, central station managers for Vivint, to share their expertise in a Dec. 12 webinar titled “Measuring Performance for Excellence.”

The session will focus on what the CSAA calls “the nuanced art and science” of measuring and improving staff performance. That includes assessing objective and subjective customer call metrics, promoting professionalism among dispatchers, and implementing incentives. Becht and Lindus will highlight some of the best practices employed by Vivint, which was named 2012 Central Station of the Year by the CSAA.

Becht, honored as the CSAA’s Manager of the Year, oversees monitoring at Vivint’s central station in St. Paul, Minn. She talked about home security in SSN’s “How I Use My System” feature in the September 2012 issue. Lindus is manager of Vivint’s central station in Provo, Utah.

The webinar will run from 1 to 2 p.m. EST and is free for CSAA members. Click here to register or go to www.csaaintl.org.

Integrators' new role

 - 
Wednesday, December 5, 2012

Did you see the new report out from IMS called "The Changing Role of the Security Systems Integrator"? Here's the link to the abstract.

At the root of the role change, IMS's Paul Bremner said, is the move to have all systems on the network. Yup. It's meant more IT integrators entering the market, skinnier margins for security integrators, and the absolute necessity for integrators to be comfortable dealing with networks.

IMS says that integrators who adapt to the new reality will reap the rewards of a market that they say will grow [worldwide] at an average of 10 percent to 2016.
This is something we've been writing about for the seven years I've been here: Integrators need to have network knowledge in-house, and they need to adapt their business models to a more service-based model .

To make up for the shrinking margins, IMS says that "design and consultancy services are likely to become a larger part of the typical integrators revenues. Such services include risk analysis, vulnerability assessment and cient security policy analysis."

Yet, according to several integrators I've spoken to recently, these are services that many integrators have either not charged for or have not charged enough for in the past. Here's a story about Koorsen Security where Skip Sampson talks about this issue. Stay tuned for a story this week about VTI Security where Thomas Asp president and CEO of VTI talks about the same issues.

Might be time to assess whether or not your company is charging enough [or at all!] for these valuable services.
 

Vivint rapidly automating Canadian homes

 - 
Wednesday, December 5, 2012

Vivint signaled it was one of the nation’s home automation market leaders nearly two years ago when it changed its name from APX Alarm to Vivint, rebranding to reflect its expansion beyond home security into home automation services. The company has done so well that it has entered into a deal to be sold to the Blackstone group for more than $2 billion.

Now the Provo, Utah-based summer model company seems to be turning its focus to Canada. A recent press release from the company says that country “ranks among Vivint’s fastest growing markets.”

Here’s more from the news release:

"More than two out of three (68 percent) of Vivint’s Canadian customers in 2012 adopted one or more home automation features after purchasing a Vivint home security system. That was up from 57.6 percent compared to the previous year. Vivint’s home automation features include live video feeds of a home from a smartphone or computer, app-controlled door locks, thermostats, lighting features, alarms, motion detectors, and a variety of sensors."

It appears that Canadians are really eager for home automation services.

 

Topic: 

ADT to add 120 jobs at Florida HQ

 - 
Friday, November 30, 2012

The ADT Corp. won praise from Florida Gov. Rick Scott at an event this week at which ADT announced it will add 120 jobs at its Boca Raton headquarters, according to a newspaper report.

Florida state, county and local governments have pledged $1.6 million in a public funding incentive package to persuade ADT to stay in Florida and create the jobs, according to the South Florida Sun-Sentinel. It said the jobs would be created over the next couple of years and be in “human resources, information technology, finance, legal and other positions needed at a corporate headquarters and public company.”

The paper quoted ADT CEO Naren Gursahaney as saying at the event that ADT already has added 600 new employees this year in its offices throughout the state, and that ADT has “committed to continue to grow our workforce here."

Here’s more from the Sun-Sentinel report:
 

The security company was offered a $1.6 million incentive package to remain in Boca Raton and create at least 120 jobs. Palm Beach County approved a $184,000 job growth incentive grant as part of the package.

Gov. Scott [who attended the event] said the incentive package is based on a formula to provide a "five times" return on taxpayer dollars. Enterprise Florida has given economic incentives to about 140 companies this year that have made commitments to create 22,000 to 23,000 jobs, he said.   

Scott said he was pleased ADT chose Florida for its headquarters instead of Texas, his rival in job-creation efforts. ADT has a large office in Dallas.

Palm Beach County Commission Chairman Steven Abrams pointed out that of the 46 corporate headquarters in Palm Beach County, nearly half of them are in Boca Raton.

"You have to have a plan. The City of Boca Raton has a plan backed up by dollars and that's making a difference," Abrams said.

In 2010, ADT was offered $1.3 million in incentives to invest in its new North American corporate headquarters at 1501 Yamato Road. At that time, the company committed to creating 20 jobs over five years.

ADT has 16,000 employees worldwide, 700 of whom work in South Florida.

Sarah Cohn, ADT director of media relations, has told me that it is “normal practice” for a lot of companies to seek such public incentives. “Many state and local governments seek to incentivize companies to stay in their areas," she said.

In fact, ADT, which began trading on the New York Stock Exchange on Oct. 1, was just one of three companies that Palm Beach County commissioners recently unanimously approved to receive such incentives, according to the Sun-Sentinel. Aerospace company Pratt & Whitney and Digital Risk, a financial services company, each was approved for $300,000 in county grants and millions more in state and city funding to create jobs, the newspaper said.

 

Monitor America debuts at ISC East

 - 
Wednesday, November 28, 2012

SecureWatch 24’s new Fusion Centre in Moonachie, N.J., has a new tenant: Monitor America.

That’s the name of the company that will be operating the 25,000-square-foot central station at the facility, which served as an emergency command post for police and municipal officials after Hurricane Sandy.

Jay Stuck, chief marketing officer for Monitor America, said the company “brings together virtually all existing alarm and hosted video services available today, including video analytics, in one central point.”

Stuck said Monitor America is developing a third-party sales initiative and a traditional dealer program. It will all be anchored by the advanced technology at the Fusion Centre, with a 40-by-11-foot video display wall overlooking stadium-style seating for 36 operators.

“It looks like something NASA might put together—our dealer customers and integrators will be knocked out by it,” he said.

Monitor America is hosting a sneak preview of its new facility during ISC East and is expected to begin formal operations by the end of January.

After the storm: How did you cell carrier measure up?

It’s only been a month since Sandy, but officials are already deep into assessing its impact on everything from tunnel vulnerability to emergency communications. Part of the evaluation concerns cellular service, with FCC hearings set early next year on network performance during and after the storm.

Lou Fiore, chairman of the Alarm Industry Communications Committee, said the group plans to weigh in and is seeking comment on the following:

1) How alarm service was adversely affected by cellular carriers’ handling of the storm.
2) How cell carriers handled prioritizing restoration of service.
3) How cell carriers communicated with alarm companies about storm issues.
4) How any problems can be resolved.

Fiore said the issue will be discussed at the AICC’s Dec. 6 meeting and all comments are appreciated. Responses can be sent to Ltfiore@aol.com.
 

ADT makes RMR forecast

 - 
Tuesday, November 27, 2012

The ADT Corp., which just became independent in September, says its Pulse product is doing so well that it predicts that recurring revenue will grow by 4.9 percent to 5.2 percent in fiscal year 2013, the company said this week in a report on its Q4 and fiscal year 2012 results.

“We delivered solid recurring revenue growth fueled by the continued success of Pulse in the residential and small business security markets,” ADT CEO Naren Gursahaney said in a statement. “Our focus for 2013 is to deliver meaningful shareholder value by leveraging our competitive strengths to accelerate growth and through the efficient deployment of capital.”

ADT reported that in Q4, recurring revenue was $742 million, up 5.2 percent. The company said that was "driven by 4.4 percent growth in average revenue per customer, which rose to $38.87, and 1.1 percent net growth in customer accounts."

ADT also is initiating a dividend and has a share buyback plan. Here's what Bloomberg News had to say on that this week:
 

ADT Corp. authorized a $2 billion share repurchase program and initiated a quarterly dividend after investors George Soros and hedge-fund manager Keith Meister called on the home-security company to buy back stock.

The buyback will end in November 2015 and the quarterly dividend will amount to 12.5 cents a share, the Boca Raton, Florida-based company said in a statement today. ADT was spun off from Tyco International Ltd. (TYC) in September.

In October, billionaire Soros joined Meister in urging ADT to buy back about 45 percent of its stock with borrowed money to take advantage of low interest rates after they became the company’s biggest investors. ADT today reported adjusted earnings per share of 43 cents in the fourth quarter ended Sept. 30, matching the average analyst estimate. Recurring revenue rose 5.2 percent to $742 million.

The company has more than 6 million customers in the U.S. and Canada, providing security to homes and businesses with products including the ADT Pulse system.

 

Topic: 

Pages