Norwell, MA – SIGNET Electronic Systems, Inc. recently appeared on SDM’s 16th Annual Top Systems Integrator List. The list is compiled by revenue for the largest firms that contract electronic security projects. This marks the 2nd appearance for SIGNET on this particular list.
Ranked at number 41, SIGNET appears on the list with companies such as ADT, Siemens Industry, and ASG Security. SIGNET is one of only four companies in New England to make the list.
In the article, written by SDM’s editor Laura Stepanek, she concluded with system integration revenues down by more than 4 percent; players hardened their stances in the market by retooling offerings to come out on top. The hotter the fire the harder the steel, some say. Tough times often forge resilient businesses with unexpected outcomes — demonstrated by the Top Systems Integrators who turned last year’s challenges into opportunities to retool their offerings.
This year 130 companies are ranked. SDM’s Top Systems Integrators Report ranks by reported North American systems integration revenue, the largest firms that contract electronic security projects for commercial, industrial, institutional, government, and other non-residential markets. For ranking purposes, these are businesses that derive more than half of their revenue from the sale, design/engineering, installation and service of multi-technology electronic security systems, such as access control and identification, video surveillance, alarms, perimeter security, and other network-based technologies.
SDM’s list includes each of the companies’ headquarter locations, the revenue for 2010 from integration projects, the number of new projects in 2010, and the value of the largest new project for that year. SIGNET’s qualifying integration-related revenue was $13 million. The company had 710 new projects, with the largest project at an impressive $1.9 million.