Vector Security

Vector Security, Inc.
Company typePrivate
IndustrySecurity Alarms, Security Alarms, Fire Alarm systems, Carbon Monoxide detectors, Fire suppression, Security systems, Communication systems, Video surveillance, Access control, Electronic article surveillance, Home Automation, Retail loss prevention, Network Security
Founded1970
HeadquartersWarrendale, Pennsylvania, U.S.
Key people
Websitevectorsecurity.com

Vector Security, Inc. is an electronic security company in the United States.[1][2] The company offers security solutions[buzzword] for both homes and businesses in the United States and Canada. Their corporate office is located in Warrendale, Pennsylvania.[3]

History

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Vector Security, Inc. traces its roots back to The Philadelphia Contributionship (TPC), founded in part by Benjamin Franklin in 1752.[4] The sister company of Vector Security, TPC, was established as a mutual insurance company where policyholders would come together to share the risk of losses by fire.[5]

In the 1970s, Westinghouse Security Division sold to Westec to become a franchised network of security dealers. Eventually, Vector Security was formed through the acquisition of Kilbourne Security, a Philadelphia-based Westec Dealer, and Pittsburgh, PA-based Westec Dealer. The company's first name was PC Security, which was changed to Vector Security soon thereafter. Vector Security then began serving customers in Pennsylvania, Eastern Ohio, and Northern West Virginia.[6]

In 1992, Vector Security began serving national multi-site customers with the launch of its National Accounts Division, which expanded into Canada in 1996.[7]

In 2012, the company underwent rebranding and introduced its current logo and tagline, "Intelligent security tailored for you."[8]

In August 2013, Vector Security acquired Industry Retail Group (IRG) to expand its offerings by adding managed network services to its array of solutions[buzzword] for retailers and multisite businesses.[9]

In 2015, the company acquired Pelican Security Network, Inc., a regional alliance of independent life safety and security services providers, expanding its footprint along the Gulf Coast from southwest Florida through Louisiana to Dallas/Fort Worth, Texas.[10]

In 2019, Vector Security acquired Nashville-based ADS Security, expanding both companies' presence in North Carolina, Kentucky, and Florida, while adding new branch operations for Vector Security in Alabama, Mississippi, Georgia, South Carolina, and Tennessee.

The company has won awards including Dealer of the Year by SDM Magazine (2003, 2015)[11][12] and numerous Sammy Awards, including Installer of the Year (Large) from SSI Magazine (2016).[13] Police Dispatch Quality (PDQ) Award from the False Alarm Reduction Association (FARA) (2006);[14] Central Station of the Year from the Central Station Alarm Association (2006);[15] and Frost & Sullivan Best Practices Award (2008).[16]

Current operations

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Vector Security, Inc. provides commercial and home security systems to about 386,000 customers in North America, including multi-site businesses.[17] The company has services and products consisting of intrusion and fire alarms, video surveillance, mobile and home automation solutions[buzzword], access control, electronic article surveillance, robbery and assault notification, and a range of loss prevention solutions[buzzword].[18][19][20]

Additionally, with the 2013 acquisition of Industry Retail Group, Inc. (IRG),[21] Vector Security is also a provider of managed infrastructure and business intelligence services in the United States, through its Vector Security Networks business division.[22]

The company is based in Warrendale, Pennsylvania, and serves residential, commercial, and North American multisite businesses through a network of branch locations and authorized dealers.[23]

Vector Security dealers

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Vector Security, Inc. has an authorized dealer program. Under this program, independent dealers offer the same security systems offered by Vector Security branches. These security products and services are then monitored by Vector Security.[24]

References

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  1. ^ 2016 Rank by Annual Revenue <https://www.sdmmag.com/2016-SDM-100-Rankings>, (accessed May 13, 2016).
  2. ^ AT&T Wins $3 Million Networking Contract from Vector Security, <http://www.thefreelibrary.com/AT%26T+Wins+$3+Million+Networking+Contract+from+Vector+Security%3B+AT%26T...-a0121499081>, (accessed May 15, 2014).
  3. ^ https://www.bloomberg.com/, Company Overview of Vector Security, Inc., as of February 24, 2016, <https://www.bloomberg.com/profiles/companies/9806481Z:US-vector-security-inc>, (accessed February 24, 2016).
  4. ^ http://www.nps.gov/tps/, National Historic Landmark listing, as of October 21, 2015, <https://npgallery.nps.gov/NRHP/GetAsset/NHLS/71000732_text>, (accessed October 21, 2015).
  5. ^ http://www.contributionship.com/, Company History, as of March 6, 2014, < http://www.contributionship.com/history/index.html Archived 2011-02-05 at the Wayback Machine>, (accessed March 06, 2014).
  6. ^ Seungmug Lee (2008), The Impact of Home Burglar Alarm Systems on Residential Burglaries, pp. 31–, ISBN 978-0-549-79130-0
  7. ^ Vector National Accounts Take Aim at ADT, retrieved 2015-10-21
  8. ^ Vector Security Rebrand Emphasizes Intelligent Solutions, retrieved 2014-04-28
  9. ^ Vector Security Vector Security Acquires Provider of Managed Network Services, retrieved 2015-12-08
  10. ^ Vector Security Gains 17,000 Clients With Pelican Security Network Deal, 2 September 2015, retrieved 2015-09-28
  11. ^ 2003 SDM Dealer of the Year Vector Security, retrieved 2014-04-28
  12. ^ 2015 SDM Dealer of the Year Vector Security, retrieved 2015-12-08
  13. ^ Sellner, Stephen (6 April 2016). "Winners of the 21st SAMMY Awards Announced in Las Vegas". www.securitysales.com. Retrieved 2016-04-07.
  14. ^ Police Dispatch Quality Award 2006 (PDF), retrieved 2014-04-28
  15. ^ Five Diamonds Central Stations, retrieved 2015-10-21
  16. ^ Front & Sullivan Best Practices Award 2008, retrieved 2014-04-28
  17. ^ Vector Security Business Page, retrieved 2014-04-18
  18. ^ Vector Security Official LinkedIn Page, retrieved 2016-02-24
  19. ^ Vector Security Official Twitter Page, retrieved 2016-02-23
  20. ^ Vector Security Official Facebook Profile, retrieved 2016-02-24
  21. ^ Griffin, Joel (2013-08-20). "Vector Security acquires Industry Retail Group". Security Info Watch. Retrieved 2023-11-07.
  22. ^ Vector Security Acquires Provider of Managed Network Services, <http://www.sdmmag.com/articles/89565-vector-security-acquires-provider-of-managed-network-services>, (accessed May 15, 2014)
  23. ^ Vector Security Business Week Snapshot, retrieved 2016-02-24
  24. ^ http://www.vectorsecurity.com, Authorized Dealer Information, as of March 6, 2014, <http://www.vectorsecurity.com/Authorized-Dealer-Info>, (accessed March 06, 2014).
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