Does all of this have an effect on the efficiencies and the bottom line of businesses? Chris Needham and his partners at Seguin Partners LLC, Woburn, Mass., a private equity group, have invested in a number of alarm companies as well other types of service businesses. He states firsthand that the financial effects of the new technologies are significant and obvious when comparing the results of alarm companies. In fact, he believes that this remote technology trend will affect the overall value of alarm companies and how and to whom they are sold.
Only time will tell, but one thing is sure: devices will become smaller, more connected and cheaper. Those in the alarm industry who adopt these technologies and effectively utilize them will reap significant rewards.