Fighting To Stay Relevant Alarm.com Is In A Smart Home Security Battle With The Two Giants Of Amazon And Google
Alarm.com is a home protection system that has been around since 2000. The company was the major inventor of remote home security management. However, today, they are fighting to stay stable in a market saturated with smart home technology. Smart homes can seem complicated to normal consumers. Since there are hundreds of options to choose from, most users require assistance in selection and installation.
Alarm.com suffered a hit due to competition from smart home technology from Amazon and Google. The smart tech offered by both the companies are self-install. On the other hand, Alarm.com distributes its services and products via home security dealers.
While smart home technology often focuses on entertainment and other home amenities, Alarm.com’s technology has remained focused on security.
Alarm.com will be adding a new service to protect small and medium-sized businesses with video surveillance, intelligent intrusion detection, access control and energy management. It has also tried to move internationally by entering into a partnership with Aviva, a European insurance provider.
Source: https://www.tysonsreporter.com
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