NSCA New AV Industry Analysis and Report - AvNetwork.com

NSCA New AV Industry Analysis and Report

Author:
Publish date:

The National Systems Contractors Association has released an updated Financial Analysis of the Industry report, providing information that systems integrators can use when benchmarking costs, profits, sales and other data against industry peers of similar sizes and systems focus.

Image placeholder title


The report details the industry’s performance based on data collected from the 2015 Cost of Doing Business survey. Several new metrics were collected and reported on this year, including number of sales staff, prime contractor status, revenue from new customers and work backlog.

This additional information allows the National Systems Contractors Association to provide a more in-depth look at company operations and dynamics and helps National Systems Contractors Association members better understand the financial health of their own companies. The report also includes verbatim responses about the biggest challenges integrators anticipate in 2016.

“The Financial Analysis of the Industry is a valuable tool in measuring the effectiveness and efficiency of our organization as compared to others in our industry,” said Craig Lubbers, NSCA member and CFO at Tech Electronics. “The resulting data not only gives my team excellent financial and balance sheet ratios segmented by region and company size, but the specific sales data captured in the industry-specific revenue categories provides our sales and marketing group great insight into trends that allow us to more strategically deploy our resources.”

This report can be used to benchmark financial information with industry data, discover the true costs of doing business as an integrator and establish metrics and parameters to manage and increase accountability

National Systems Contractors Association can compare numbers of full-time and part-time staff based on company size, as well as balance sheet and financial ratios, and sales ratios.

The National Systems Contractors Association’s Financial Analysis of the Industry report is free for Gold and Platinum National Systems Contractors Association members. Members who completed the Cost of Doing Business survey will receive a customized copy of this report with additional valuable information and insight exclusively for their organizations. Survey participants also receive admission to a webinar led by National Systems Contractors Association Executive Director Chuck Wilson, who will address the survey results and provide tips on applying the data.

The report can be purchased by non-members for $399, or non-members can join the National Systems Contractors Association for only $595 and receive the report as part of their membership, which offers access to discounted education and training opportunities, updates on regional and national government affairs issues, free monthly industry webinars, business tools and other exclusive industry research.

Related

NSCA Summer Electronic Systems Outlook

NSCA’s Electronic Systems Outlook has been updated for Summer 2015, and now includes information based upon data from Q1 and Q2 of 2015, as well as forecasted information for the remainder of the year.

Image placeholder title

AVnu Expands their Industrial Segment

AVnu Alliance has expanded its Industrial Segment. Rockwell Automation and Kollmorgen bring experience to AVnu Alliance activities incorporating new standards such as Time Sensitive Networking into a common networking foundation.

Image placeholder title

PQ Media Digital Media Report

Just-released PQ Media data indicates that consumer spending on digital media content & technology will grow at double-digit rates over the next five years to reach $1.4 trillion in 2017, exceeding spending on traditional media by more than two-fold.