No matter how tough a person is, how good they are at self-defense or what they do for a living, when an emergency occurs, everyone needs help. The Centre for economics and business research carried out a study which revealed that within a period of five years, up to 5000 jobs and $1 billion gets lost to warehouse fires. It was also observed that businesses which suffered warehouse fires had slim chances of recovering, with up to 75% of them ceasing operations either immediately afterwards or within a period of three years. Hence, the case for installing monitored fire alarm systems could not be made any clearer. The fire alarm system one chooses however, is influenced by several factors such as; budget constraints, their usage and the nature of the business. An option one may consider is whether to install monitored fire alarms or standard ones.
A major reason behind installing monitored fire alarm systems is the financial benefits derived from it. Most monitored fire alarm systems typically requiring a huge initial financial investment. Despite the hefty initial financial outlay, the benefits of a correctly planned and installed system will eventually offset such costs. Insurance costs can be greatly reduced by a well-planned and installed system. When making the decision on which fire alarm system to install, it is important to consider it’ s expected lifespan. Compared to standard fire alarm system, the monitored ones often use more advanced technology. Therefore, the monitored systems may need less updates due to advancements in warehouse fire safety and security technology. Standard fire alarm systems have the disadvantage of requiring in-site human response. In addition to the crystal clear risk of injury or death posed by such a system, it may also lead to avoidable staffing costs.
The off-site monitoring offered by a monitored fire alarm system is another benefit to consider. Even though a fire alarm system with off-site monitoring may lead to incurring greater ongoing costs, such costs are significantly outweighed by the benefits. Since off-site monitoring systems rely on third parties, they do not require property owners, company employees or warehouse staff to be constantly vigilant unlike systems with on-site monitoring. In off-site monitoring systems, there is a network of fire alarms interconnected with each other that are linked to a specific control center that has staff working round-the-clock. Such constant monitoring is very beneficial, considering that most fires are quite common in premises that are not being used. As soon as a possible fire situation is detected by the off-site monitoring system, staff at the specialized center immediately notify both the building’s designated key holder (s) and the fire and emergency services.