The security industry has long been characterized as resilient for its ability to prosper in times of economic upheaval. The era of COVID-19 has only burnished that reputation. There will be no respite in 2023. To remain viable, installing security contractors will have to continue navigating supply chain delays, inflation, labor shortages, among other hefty challenges — not the least of which, a looming recession.
For many dealers viability and prosperity is achieved, in part, by way of partnering with a wholesale monitoring center. In my cover story for this issue of Monitoring Today I delve into the many ways these third-party central stations are helping dealers gird their businesses for success.