SecurityWorldMarket

12/01/2016

Dice forms spin-off company

Bay City, Mi

Dice Corporation has created a new spin-off telecommunications company called Iptelx.net, in order for Dice to concentrate on the security and surveillance business.

Dice Corporation has a long history in telecommunications, building some of the company’s first software in the PERS and two-way alarm business in the mid-1990s. Since then, Dice has led the way in voice-based PERS and is a leader in medical and audio alarm centres in North America.

In the early 2000s, Dice built its own PBX using Asterisk-based code, which grew to over 100 switches in the field today – managing small to very large call and monitoring centers. In 2013, Cliff Dice, CEO and his son Jordan Dice created a new company to serve Dice clients and the alarm industry at a larger scale. With Dice’s PBX business and Jordan’s telecom carrier business with over 400 business clients, IPtelX.net was formed in late 2014 as an independent telecom carrier.

According to the company, Dice loses close to 1.5 million dollars in revenue with the spin-off; however, with the growth Dice Corporation has experienced in 2015, they have replaced over half of that revenue, while Iptelx.net has expanded on that revenue in 2015.

“This type of business fit like a glove with Dice’s PBX business and added great value to my clients with significant voice systems requirements,” Cliff said.

Iptelx.net is also a Resporg, which is one of very few 800-number suppliers and managers within the North American Network. This hard to achieve status has opened doors to large carriers exchanging services and business.

Iptelx.net has also gained internet or ISP status and has begun using its contracts with telecom carriers to install high bandwidth data circuits to businesses and monitoring centres. Today, the company can deliver fiber data circuits and cable circuits anywhere in the U.S. This is significant for some of Dice’s video users as Iptelx.net can provide edge networks directly to the end users and manage and monitor these networks, allowing cameras on the edge a way to communicate with Dice’s mirrored and redundant cloud centers.

This gives both integrators and alarm installation companies a large advantage, as these companies can now resell bandwidth directly to end users, isolating their products and providing a security network.

Jordan Dice is the CEO for Iptelx.net. In its first year, the company delivered multiple millions of units of usage to the client base; many are hosted in Dice cloud centres. In 2015 alone, Iptelx.net has delivered redundant high-grade trunks to monitoring and call centers, as well as some large banking and financial institutions.

This is the fifth company that Dice has spun-off in the alarm and monitoring industries.

“We are an engineering lab and want to remain focused on our software, monitoring centres and call centres – specialising in security and surveillance,” Cliff said. “We drift into many areas of a monitoring business with our sales systems, service systems, fire systems and monitoring software – as well as video management, PBX and voice systems. However, each time we have a large opportunity, as in the case of Iptelx.net being a worldwide telecom carrier, we develop a specialised focus with its own management and team that’s required to be successful,” Cliff said.

Cliff acknowledges that having separate companies does not prevent collaboration, as Dice uses Iptelx.net exclusively in its cloud centres where PBX and network signaling products are hosted. “We see Dice having a huge competitive advantage using Iptelx.net to bundle internet and voice products and we remain focused on what our clients need from us,” Cliff said.

Iptelx.net has begun working with Dice’s alarm automation competitors and will continue to do so in the future. “The security industry will be hearing much more from both of these companies. Jordan and I have just scratched the surface with some of these technologies and there is so much more we can do to automate centres and their clients’ businesses,” said Cliff.


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