![]() Number of projects and project size increased in 2013 over 2012 as well. While operational efficiency has historically been a huge profit prohibitor for home technology professionals, companies saw an improvement from 33.2 percent of revenue in 2012 to 30.7 percent in 2013. ![]() The median annual gross revenue for 2013 was $1,234,221, a 22percent increase over 2012 for these respondents.Įmployee productivity increased in 2013 too with revenue/employee increasing from $145,950 in 2012 to $166,675 in 2013. The median operating profit margin increased from 3.5 percent in 2012 to 6 percent in 2013. Results find home technology professional companies experienced strong growth in 2013 over 2012, focusing on selling more upgrades/add-ons and expanding services/technical offerings. The Custom Electronic Design & Installation Association (CEDIA) has released key findings from its 2014 Benchmarking Survey, which evaluates the state of the home technology professional company performance for calendar year 2013 and reports on 2014 expectations. ![]()
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