PSINovember2017
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MONITORING<br />
(from previous page)<br />
only that, but it can often equate to cost-savings<br />
with insurance.<br />
Customers are not always savvy to security<br />
systems and they end up relying on their installer<br />
to offer the best solution – if these are not<br />
recommending monitoring then the customer may<br />
not even know it is an option.<br />
We spoke to Daniel Wan, UK Channel<br />
Marketing Leader at Honeywell, about the<br />
benefits and what installers can do to get the<br />
message across about monitoring services.<br />
When talking to home/business owners,<br />
why should installers push for monitored<br />
solutions rather than bells-only?<br />
“The biggest benefit of monitoring stations is the<br />
additional peace of mind they provide. With an<br />
external monitoring station there is always an<br />
automatic response when an alarm is triggered,<br />
which ensures the fastest possible response time<br />
from the emergency services and other<br />
individuals that need to be notified. Any false<br />
activations can also be verified remotely by the<br />
monitoring station, meaning families or small<br />
businesses do not have to return to the premises<br />
to verify the alert themselves and reducing<br />
unnecessary stress. In addition, for older family<br />
members or the extremely young, families may<br />
also feel more comfortable knowing the external<br />
monitoring station is there to ensure everyone is<br />
safe and secure.<br />
“Partnering with a monitoring station can be a<br />
lucrative option for installers looking to increase<br />
their revenue. These partnerships provide<br />
recurring revenue through subscriptions, which<br />
under a good partnership should provide benefits<br />
for both the installer and their monitoring station<br />
partner.”<br />
How have monitored solutions changed<br />
over recent years?<br />
“The main change in the monitored solutions<br />
market over recent years is the rise of selfmonitoring<br />
security systems and the apps to<br />
facilitate it. These systems can alert customers<br />
via their mobile phone or email if an alarm is<br />
triggered, so they can respond accordingly. In<br />
some advanced systems, customers can also<br />
access live video feeds from their security<br />
cameras in order to verify whether the alert is a<br />
false activation or not. This provides significant<br />
benefits for small business owners, who may not<br />
have a 24/7 security presence on site, as well as<br />
families on holiday or away at work.<br />
“Monitored platforms and alarm receiving<br />
centres have also evolved from offering intruder<br />
alarm monitoring only service to a fully integrated<br />
security offering, many of which also cover CCTV<br />
and access control. This allows ARCs to provide<br />
visual verification of events and reducing the<br />
number of false alarms.”<br />
Do bells-only systems have a long-term<br />
future?<br />
“There are many reasons why end users will<br />
continue to choose bells-only systems when<br />
looking to secure their home or small business. It<br />
mostly comes down to cost: investment is<br />
required to set up and maintain a security system<br />
with external monitoring. The subscription to<br />
these services can escalate costs quite quickly,<br />
especially for a new business or young family that<br />
have other priorities to budget for. It is difficult for<br />
these users to justify the investment, especially<br />
as they often don’t see the full extent of benefits a<br />
monitoring service can provide them.”<br />
There is still a huge number of domestic<br />
properties that do not have an intruder alarm and<br />
even more that do not have CCTV, but this is a<br />
changing market with the introduction of the DIY,<br />
app-driven cameras and sensors. When<br />
customers have become aware that their online<br />
purchases don’t quite cut it, or aren’t even<br />
supported any more then that is the time for a<br />
professional system to be installed – and for best<br />
results, with remote monitoring too.<br />
“Partnering with a<br />
monitoring station<br />
can be a lucrative<br />
option for installers<br />
looking to increase<br />
their revenue. These<br />
partnerships provide<br />
recurring revenue<br />
through<br />
subscriptions...”<br />
28<br />
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