Matter is Creating Connections Between More Objects, Simplifying Development for Manufacturers & Increasing Compatibility for Consumers
This week, the Connectivity Standards Alliance (CSA), formerly known as Zigbee Alliance, announced Matter – the interoperable, secure connectivity standard for the future of the smart home. ADT is a proud participant in the CSA, joining fellow members and supporters in sharing our enthusiasm for the potential Matter holds for the future of a single connectivity standard that is simple, secure, and just works.
“The priority for ADT in 2021 is to drive revenue expansion through investments in new subscriber growth, strategic partnerships, and exceptional customer service. Our first quarter results show that the strategy is working – we grew RMR additions by double-digits and increased our net subscribers, while also maintaining our revenue payback at 2.2 years,” stated Jim DeVries, ADT’s President and CEO.
Changes build on strong leadership team and align with company’s renewed focus on growth. Jim Boyce, President, Chief Business Development Officer, has announced his decision to retire effective May 31, 2021. The company is grateful for Jim’s leadership, wisdom, and dedication, and for his many contributions as CEO of Defenders and its successful integration into ADT. Boyce will continue to advise the company’s President and CEO Jim DeVries on a consultative basis.
SoSecure Extends Professional Monitoring Beyond the Home – Protecting People Wherever They Go & Helping Bridge Critical Gaps in the 911 System
Changes in American labor and social culture have dramatically altered the way people interact with one another. ADT’s mission is to protect and connect people to what matters most—extending our trusted protection to customers outside of their homes is what led ADT to create SoSecure by ADT.
ADT Inc. will release its first quarter 2021 financial results after the close of trading on Wednesday, May 5, 2021. Following the release, management will host a conference call at 5:00 pm ET to discuss the financial results and other related matters.