from24/7 Wall St.
11 hours ago4 Companies Are Betting on AI Security. Here's Who's Best Positioned.
ADT (NYSE:ADT) operates the traditional model: 6.5 million customers paying monthly fees for 24/7 professional monitoring. The company generates $5.11 billion in annual revenue, with $1.10 billion from recurring monitoring subscriptions. Their strategic bet centers on the ADT+ platform, integrating AI capabilities through a partnership with Google (NASDAQ:GOOG). Resideo Technologies (NYSE:REZI) brings Honeywell Home, First Alert, and Control4 brands to 150 million spaces worldwide.
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