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The leaders at Defenders aren’t overly concerned. “We are excited to see new entrants in the home security industry,” Boyce said. “We believe these brands will increase consumer interest for security and smart home
solutions and help grow the overall category. ”All of Defenders’ revenue comes from residential security systems installed nationwide, a total the company predicts will hit 2 million next month. It has no immediate plans to go into corporate security. “We’re good at residential and the category is growing,” Boyce said. “We feel it’s underpenetrated. We can achieve our near term and midterm growth goals in residential. We’re going to
stay focused. ”And that means more than security. Of its clients, 85 percent employ some “smart home component,” Boyce said.
Posted by Anonymous at 3:19PM | (2 comments)
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