Honeywell Sues Icontrol & Alarm.com to Block Competitors From Merging
Icontrol and Alarm.com combined would control 70% of the market for interactive security and home automation.
Icontrol and Alarm.com combined would control 70% of the market for interactive security and home automation.
The lock is IP56 tested and has high resistance to humidity, dust and rain.
Alarm.com has announced plans to develop autonomous, video-enabled drones for smart home and business security that will use the company’s new Insights Engine multi-sensor learning capability.
Alarm.com revenue increased 26% to $67.8 million for the third quarter, compared to $54 million for the same period in 2015.
With today’s technology advances, failing to combine video surveillance with intrusion detection systems is something akin to flying blind.
Alarm.com’s survey of more than 1,000 U.S. homeowners identified a clear preference for professional service providers to install, service and monitor their smart home systems.
Alarm.com revenue rose 24% to $64.4 million from last year, besting Wall Street’s projections of $58.6 million.
SecurityTrax allows dealers to track leads, schedule technicians and other business processes from a single solution.
Alarm.com came up with the results based on the number of smart homes per capita.
Comcast and Xfinity Home acquired Icontrol’s Converge software platform; Alarm.com purchased its Connect and Piper home automation technologies.