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Alarm.com Holdings, Inc. reports news about its cloud-based platform for intelligently connected properties, including security, video surveillance, access control, intelligent automation, energy management, wellness and active-shooter detection. The company serves residential, multifamily, small-business and enterprise commercial markets through professional service providers and commercial integrators, with recurring updates tied to SaaS and license revenue, product expansion and platform adoption.
Company announcements commonly cover AI-driven video analytics, camera hardware, legacy alarm-system upgrades through the Universal Communicator, OpenEye enterprise video capabilities, PointCentral multifamily access and automation, and Shooter Detection Systems gunshot-detection technology. Earnings releases and outlook updates also describe operating performance for the Alarm.com platform and adjacent automation and energy-management offerings.
Alarm.com Holdings, Inc. (Nasdaq: ALRM), the leading platform for intelligently connected properties, has announced it will report its 2024 third quarter financial results after market close on November 7, 2024. The company will host a conference call and webcast at 4:30 p.m. ET on the same day to discuss the results. Interested parties can pre-register for the conference call to obtain dial-in information or listen via webcast on Alarm.com's investor relations website. A recorded version will be available after the call.
Alarm.com is a leading platform for intelligently connected properties, serving millions of consumers and businesses with technology to manage and control their properties remotely. The company's platform integrates with various IoT devices and offers solutions for security, video, access control, automation, energy management, and wellness through a network of professional service providers globally.
Building36, an Alarm.com company, has launched the Smart Thermostat HQ, a next-generation thermostat designed for easy installation and reliable connectivity. Key features include:
- Integrated cellular hub for instant connection
- Automatic wire detection for easy setup
- Built-in smart home hub for system expansion
The Smart Thermostat HQ aims to streamline installations, reduce service calls, and create upsell opportunities for HVAC contractors. When purchased as part of the Connected+Protected Air Essentials Kit, pre-linked devices automatically connect upon powering on the thermostat. This innovative design allows contractors to service more homes efficiently while providing exceptional customer service.
Alarm.com (Nasdaq: ALRM) has won a 2024 Security Sales & Integration Most Valuable Product (MVP) Award for its Shooter Detection Systems™ (SDS) solution in the Fire/Life Safety category. The indoor gunshot detection solution uses dual-authentication sensors combining infrared and acoustic sensing elements to detect gunshots with 99.99% accuracy. Upon detection, signals are sent to Alarm.com's cloud-based platform, alerting a central station within seconds.
The SDS sensor is SAFETY Act Certified by the Department of Homeland Security and includes built-in privacy measures. It's part of the Alarm.com for Business suite, which also includes intrusion security, video surveillance, and access control. Alarm.com also received a second 2024 MVP Award for its Remote Video Monitoring (RVM) Console.
Shooter Detection Systems (SDS), an Alarm.com (NASDAQ: ALRM) company, is set to introduce its new outdoor gunshot detection solution, SDS Perimeter, at the Global Security Exchange (GSX) in Orlando, FL, from September 23-25, 2024. This beta launch expands SDS's technology to cover both indoor and outdoor environments. SDS Perimeter uses acoustic and infrared technology to detect gunshots in parking lots and outside buildings, requiring no human intervention to alert authorities.
The company will also participate in educational sessions at GSX, with advisory board members speaking on active shooter topics. SDS's indoor gunshot detection technology boasts 99.9% accuracy and integrates with various security systems. The company now offers both on-premises and cloud solutions to meet diverse security needs.
OpenEye has launched a new line of cloud cameras offering an all-in-one video solution with onboard recording and advanced analytics processing. These cameras integrate with OpenEye Web Services (OWS), providing a serverless architecture with infinite scalability. Key features include:
- Flexible deployment options
- Automatic software updates
- Health monitoring and real-time alerting
- AI Analytics capabilities
- Multiple form factors for various installation needs
OpenEye has also introduced cloud event recording, automatically saving important video clips to the cloud. This release reinforces OpenEye's position as a leader in intelligent cloud video security solutions for businesses.
Lessen, a tech-enabled real estate property services company, has appointed Sean Miller as its new Chief Revenue Officer. Miller, with extensive experience in property management technology, will lead Lessen's marketing and sales organization. His background includes roles as CRO at Sensor Industries, CEO and Co-Founder of Griot, and President of PointCentral, an Alarm.com (NASDAQ: ALRM) subsidiary. Miller's appointment aims to help Lessen scale its revenue-generating operations in the $1.5 trillion market for real estate services. Lessen's CEO, Jay McKee, expressed excitement about Miller's growth-oriented, entrepreneurial leadership style aligning with the company's culture.
Lessen, a tech-enabled property services solution provider, has appointed Sean Miller as its new Chief Revenue Officer. Miller, a proptech industry veteran, will lead the company's marketing and revenue-generating operations. His extensive background includes roles as CRO at Sensor Industries, CEO and Co-Founder of Griot, and President of PointCentral, an Alarm.com subsidiary. Miller's appointment is aimed at scaling Lessen's operations in the $1.5 trillion property services sector, which he describes as one of the last relatively untapped markets for technology innovation.
Alarm.com's Remote Video Monitoring (RVM) Console has won the 2024 Most Valuable Product (MVP) Award from Security Sales & Integration in the Central Station/Monitoring category. This innovative system enables round-the-clock concierge video monitoring and proactive deterrence services for customers with Alarm.com Video Analytics cameras.
The RVM Console allows central station operators to review critical property and event data in real-time when cameras detect suspicious activity. Operators can intervene using on-site hardware to communicate through cameras, activate warning lights and audio alerts, and dispatch law enforcement if necessary. The cloud-based console provides rich contextual information and a comprehensive array of deterrence measures.
Alarm.com also received a second 2024 MVP Award for Shooter Detection Systems (SDS) Powered by Alarm.com, an end-to-end solution that instantly detects gunshots and provides critical information to first responders.
Alarm.com has announced a multi-year sponsorship of Max Esterson, an American rookie in the FIA Formula 3 Championship. Esterson's unique journey began with online racing at age 11, transitioning to real-world racing at 17. He quickly gained success, becoming the first American to win both the Formula Ford Festival and the Walter Hayes Trophy.
Now competing in F3, one of the top open-wheel championships globally, Esterson has already scored championship points and qualified on the front row. Alarm.com sees this partnership as an opportunity to showcase their innovative solutions, drawing parallels between Esterson's speed and accuracy and their own technology advancements in connecting software and physical systems for home and business security.
EnergyHub, a leading grid-edge flexibility provider and Alarm.com (NASDAQ: ALRM) subsidiary, has integrated multiple Emporia distributed energy resources (DERs) with its virtual power plant (VPP) platform. This collaboration incorporates Emporia's electric vehicle (EV) chargers and energy storage products within EnergyHub's Edge Distributed Energy Resource Management System (DERMS), enabling grid-aware cross-DER optimization for utilities.
The integration expands VPP capabilities for EnergyHub clients, providing greater bulk and distribution grid benefits. Emporia's expertise in whole-home energy management and streamlined device enrollment process makes it an ideal partner for scaling VPPs. By 2030, VPPs could reduce peak demand in the US by 60 gigawatts (GW) and grow to over 200 GW by 2050, potentially reducing annual power sector expenditures by $35 billion in 2030.