Consolidation has come to security systems integration and it is having a profound impact on the industry. With companies such as Stanley Works, Securitas, Johnson Controls, Siemens Building Technologies (SBT), ADT and many others aggressively pursuing the market, the percentage of integrators bringing in more than $100 million in annual revenues has nearly quadrupled from less than two years ago.
July 31, 2007
What’s the profile of a typical electronic security systems integration business? If you’re in that line of work, the odds are your company is 20 years old or less (73 percent); has 25 or fewer full-time employees (64 percent); has in excess of $1 million in annual gross revenue (62 percent); derives most of its business from the commercial and industrial markets (81 percent); and specializes in CCTV and access control (59 percent).
By Scott Goldfine · February 28, 2006