Tag: recurring monthly revenue
NSCA report shows rise in recurring sales for integrators
January 25, 2021SSN Staff
CEDAR RAPIDS, Iowa—The National Systems Contractors Association (NSCA), a not-for-profit association representing the commercial integration industry, released research revealing that integrators are beginning to embrace more of a recurring sales model.
NSCA’s Financial Analysis of the Industry report, which looks at details of the industry’s performance based on data collected from 109 integration firms, shows that recurring sales rose from 10.83 percent in 2018 to 17.32...
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...
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...