Stone Technologies: Industrial Remote Monitoring

Stone Technologies wanted to expand its traditional alarm monitoring business into remote monitoring for industrial needs. This allowed Stone to add new revenue streams and services and grow their business.

Results of recurring revenue for Stone Technologies: 

  • Gross annual revenue from full service monitoring: $316,000.  
  • Gross annual revenue from automated signal delivery: $40,000
  • Net monthly monthly revenue: $30,000
  • Net yearly revenue: $102,000
     

Request Free!