As homeowners, one of the most important responsibilities is keeping our families safe. However, it’s also one of the most taxing obligations. Now, imagine that on a much larger scale. Though personal security is a huge, multi-billion-dollar industry, it features multiple inefficiencies — often making the business of staying safe very difficult. However, Neutralizr “The World’s First Virtual Security Guard” promises to change this dynamic entirely with electric, fully autonomous lawnmowers. And naturally, many high rollers have sought to invest in Neutralizr stock.
Among the equity crowdfunding names that are available, this is one of the most visible — and perhaps incredibly viable. On the surface, the company is in the right sector. According to a Report Linker study, the U.S. home security industry hit revenue of $53.6 billion in 2020. Experts call for 2025 sales to hit $78.9 billion at a Compound Annual Growth Rate (CAGR) of 8.0%. The Global security industry size is anticipated to reach 167.12 billion by 2025 with CAGR 10.3% based on a new report by Grand View Research.
Rise in illegal activities across the globe coupled with stringent government regulations has led to a surge in adoption of security systems and non-lethal active defense devices.
Increasing competition in the market, owing to the introduction of advanced technologies, is driving the need for automation in organizations at various levels. In addition, growing number of infrastructures across the globe has resulted in increased demand for safety systems such as access control systems and video surveillance system for real-time monitoring. As a result, the demand for security systems is anticipated to rise over the forecast period.
The video surveillance systems segment led the market in 2018. Rising use of cameras in various locations, such as airports, railway stations, and ports, for security purposes, is driving the demand for high-quality video cameras that enable effective monitoring. These systems are largely being used by the military and defense sector for surveillance purposes.
The maintenance and support segment is anticipated to witness substantial growth, owing to the need for regular maintenance, post installation. The demand for these services is expected to increase over the forecast period. Increasing number of advancements in video capturing is encouraging providers to introduce new updates in minimal time with better quality. This is further creating an opportunity for growth of the security market.
Governments of various nations such as U.S. and Canada have initiated implementation of security systems and are emphasizing on cross border safety. Suppliers are focusing on collaborations with other manufacturers for achieving enhanced product features and improved performance. Advanced systems help effectively monitor the surrounding activities with optimized power consumption.
And while the novel coronavirus pandemic may negatively impact the final tally, the overall trend is clear: Home Security is a robust industry that is relatively insulated from economic downturns. The growth of the home security systems market is driven by factors such as growing awareness regarding home security systems, the emergence of the Internet of Things (IoT) and wireless technologies and increasing adoption of IP cameras for video surveillance amid COVID-19 crisis. Professionally installed and monitored security systems are expected to account for the largest share of the market by 2025.
However, the main issue with security systems is that labor accounts for roughly half a security service provider’s cost. But, by using Neutralizr’s autonomous virtual security guards, management estimates that it could cut down that figure by half or more. Thus, we have a very compelling reason to invest in Neutralizr stock. Through mass-scale cost reductions, home and commercial security no longer has to be difficult.
Here are five other reasons why you should invest in Neutralizr.
Leveraging New Technology
One of main reasons why modern consumers have gravitated toward electric vehicles (EV) is their low environmental impact. Obviously, EVs don’t emit carbon-based fumes, which can be deadly in certain conditions (such as operating an engine in an enclosed, unventilated space).
According to Neutralizr’s investor video presentation, one hour of operation of a traditional gasoline-powered lawnmower emits as much fumes as a combustion-engine car idling for 40 hours. And while that sounds ridiculously exaggerated at first, it’s not. From a report by Kqed.org, gas-powered gardening equipment poses severe air quality threats due to their inefficiencies.
Holistic Labor Savings Drives the Narrative to Invest in Neutralizr
As mentioned above, Neutralizr’s technologically advanced autonomous equipment does away with at least half of the labor costs associated with commercial landscaping. And, thanks to advanced engineering and intelligent sensors, the company’s lawnmowers can detect obstacles and areas that are not designated for lawnmowing. Additionally, it recognizes people and other living beings — preventing devastating accidents.
However, it’s not just about reducing headcount. In a physical work environment like landscaping, businesses can’t completely avoid the possibility of injury. In fact, in the U.S., work-related injuries represent massive cost outlays. On average, each worker injury costs $1,100. But medically consulted injuries cost a staggering $41,000.
Thus, by eliminating the headcount, you’re greatly reducing the probability of a devastating worker’s compensation case. And with the autonomous nature of Neutralizr, the operational chances of getting injured are significantly reduced.
Reliability Bolsters This Equity Crowdfunding Opportunity
As I stated earlier, modern consumers love new technologies that solve age-old problems. In addition to the low environmental impact, these new-generation drivers love the electric platform’s inherent reliability. Compared to their gasoline-powered counterpart, EVs feature fewer moving parts. And that means drivers don’t have to change oil, which can be a costly expense.
That said, it’s the same principle with Neutralizr. You have a much simpler security platform that operates with your smartphone., Neutralizr can run for years with little required maintenance. So, for renters that are constantly moving from one rental to another, the ability to take your Neutralizr virtual security guard system with you to the next place adds continued utility, reliability and protection for years to come. A Neutralizr amortized over 10 years of reliable safety is only $29.00 per month.
Not Completely Without Its Faults
As a private investing opportunity, Neutralizr offers plenty of upside. However, there are multiple risks which you should consider before investing.
Primarily, virtually all private investing ventures lack information relative to what you find with publicly traded companies. Therefore, it’s important to perform your due diligence. Second, if you invest in Neutralizr stock, you’re buying into a largely illiquid asset. So if you find yourself needing to sell your position for cash, you may not readily find a buyer.
Now, the above is true for most equity crowdfunding plays. And specific to Neutralizr, virtual security guard equipment isn’t without it’s faults. Obviously, with newer, autonomous technology, such innovations don’t come cheap. Neutralizr has an intended “subscription pricing model of $25.00 per month, per security device and $3,500 average upfront equipment price.”
Frankly, you can find equivalent “analog” equipment for far cheaper. Granted, the autonomous technology distinguishes Neutralizr. However, some homeowners and businesses just might not have the capital to spend.
A New Way Forward for an Old Industry
Despite the challenges, the overall case to invest in Neutralizr stock is incredibly compelling. Thanks to groundbreaking automated technologies, Neutralizr is offering an innovative solution to one of the oldest industries.
Therefore, if you’re interested in taking a shot, Neutralizr stock is offered at $5.80 a share (preferred equity) with a minimum investment of $998.
Investing through equity crowdfunding or asset tokenization requires a high degree of risk tolerance. Despite what individual companies may promise, there’s always the chance of losing a portion, or the entirety, of your investment. These risks include:
1) Greater chance of failure
2) Risk of fraudulent activity
3) Lack of liquidity
4) Economic downturns
5) Inadequate investor education
What Is the Average Police Response Time In The U.S.?
When you call 911, you expect the police to be there immediately. Unfortunately, that’s seldom the case. Average 911 response times vary widely based on many factors, including where you live and the severity of the crime.
What Happens When You Call 911?
Calling 911 connects you to an operator that is trained to assess your emergency. They use national standards to assess the priority of your call and dispatch emergency services based on your specific needs. The average response time for a 911 call is 10 minutes. The urgency of these calls varies based on the type of emergency.
Who Gets Priority?
Most police departments have a response schedule that ranks different types of emergencies from high to low. Top priority always goes to callers who are in need of assistance due to a life-threatening emergency.
What Factors Determine Response Time?
It’s not just about how high a priority your call is. Additional factors can determine response time.
- Number of incoming calls at the time of your call
- Number of officers available to respond
- Number of officers needed to respond to your specific situation
How Long Does It Take Police to Arrive? It Depends On The Crime
What Is The Average Police Response Time To An Active Shooter Event?
Unfortunately, active shooter situations have become far too common. Because of this, police departments have made this an extremely high priority, and response times average 3 minutes around the country.
What Is The Average Police Response Time By City?
There’s no fair way to truly compare average police response times by city or metro area. Why? Average police response time data is not recorded by a national organization and there are simply too many city-specific factors that affect response times. Some police departments, for example, cover much larger geographical areas; while others experience more traffic. Further, there is no standard for how often this should be compiled or if it is even available to the public, so the years of collection vary. If you have more current data for one of these cities, please provide it in the comments below.
Here’s our report on average police response time for 10 major U.S. cities. These have been ordered from fastest to slowest response times, but keep in mind that the collection means, years, etc. vary widely.
- Chicago (kind of…)
Chicago has a reputation for being a high crime city, however, they have been able to keep police response times for high priority calls down to 3.46 minutes3. We were unable to find their average response time across all 911 calls, so we hesitate to praise Chicago as the most responsive city overall.
- Los Angeles
Los Angeles tops our list for most responsive city with a reported average police response time of 5.7 minutes3. This is significantly better than that reported by any other city we researched.
7 minutes is the average response time to priority calls in Seattle. However, according to the Seattle Times, they are missing that mark when responding to certain areas and certain report types, including domestic violence7.
- Dallas (TIE)
Even though Dallas strives to keep response times under 8 minutes, they are averaging just over 8 minutes for the highest priority calls8.
- Miami (TIE)
The Miami Dade Police Department has made it a priority to work toward a goal of an 8 minute response time. High priority calls are currently averaging just over 8 minutes9.
- New York City
New York City has an average police response time of 9.1 minutes. Serious crime response was shown to be much quicker at 4.6 minutes, but for non-critical situations, the response time is 13.3 minutes3.
The City of Atlanta has improved police response times by diverting medical calls to a local hospital for dispatch. That being said, the average response time is still 9 minutes and 35 seconds6.
Houston’s average police response time for all major crimes has increased in the last 5 years. The most serious calls now average 10 minutes5.
Detroit has been working hard to reduce its police response time. At its worst, in 2013, it was over 50 minutes2. More recently, in 2018, the time was down to 12 minutes10.
Average police response times are improving in Denver. However, they are still higher than in most cities. Between 2013 and 2016 response times for priority calls went from just over 15 minutes to just under 13 minutes4.
Average police response time data is not recorded by a national organization so we collected data from each city’s local reports. There is no standard for how often this should be compiled or if it is even available to the public, so the years of collection vary. We pulled together as many of the major cities as possible based on publicly disclosed reports but the data years differ widely, based on when it was compiled in each city. For this reason, some major U.S. cities may not be included in our list.
How Can You Help Make These Statistics Improve In Your Community?
Being informed about how to use emergency and non-emergency numbers is the first step in getting response times down in your community. Or utilization of non-lethal security defense devices to aid law enforcement in capturing the perpetrator like Neutralizr.
What’s My Non-Emergency Number?
The quickest way to find your police department’s non-emergency number (which essentially is your local police office’s phone number) is to plug your city name followed by the words “non-emergency number” into Google. Alternatively, search for your city’s name followed by “police.”
Often, 911 dispatchers are dealing with non-emergency situations that slow down their ability to react and dispatch police quickly when it is truly needed. Here are some reasons to use the non-emergency number instead of 911:
- Reporting an incident after the fact
- Noise disturbances
- Non-life threatening emergencies
Frequently Asked Questions
Here’s the most common questions we get on police response times.
What Is The Average Police Response Time To A School?
The average school shooting lasts 12.5 minutes, while the average police response time (campus and local law enforcement) is 18 minutes11.
What Is The Average Police Response Time For Campus Police?
Typically, campus police response times should be quicker than local law enforcement due to their proximity (i.e. less distance to travel). But the actual response time on your campus is going to depend on the security and response measures that are in place. Examples of security measures include video cameras and elevator calling systems. We recommend you get in touch with your institution for details.
What Security Measures Can I Take To Protect Myself?
The truth of the matter is that you need to be responsible for your own safety as much as possible. Taking steps to protect yourself and your loved ones with home security and personal security can make a significant difference.
A home security system can protect you from emergency situations by deterring burglars and keeping your home from looking like an easy target.
You also should consider additional security precautions and potentially non-lethal defense systems. If you’re out alone at night or in a potentially dangerous situation, it helps to have personal protection on hand.
Were you surprised by any of these police response time statistics?