Rosendin Electric Ranks Third on EC&M List of Top 50 Electrical Contractors for 2015

New Construction Projects, Increased Demand for Data Services, and More Efficient Field Operations Contribute to Improved Revenues for Rosendin Electric.

Rosendin Electric

San Jose, CA, USA (October 23, 2015) — Rosendin Electric, one of the nation’s largest private electrical contractors and an employee-owned company, was ranked third by revenue on the 2015 list of Top 50 Electrical Contractors compiled by Electrical Construction & Maintenance (EC&M) Magazine. Rosendin Electric was the only privately held electrical contractor to rank in the top four in revenue.

Rosendin Electric was among 10 contractors on the EC&M list to post annual gains of 15 percent or more in 2014. Much of the growth is attributed to economic recovery, since overall revenue from electrical and telecommunications projects climbed from $15.7 billion in 2013 to $21.8 billion in 2014. Regional markets where Rosendin Electric has a strong presence, such as San Francisco and Silicon Valley, have seen resurgence in new construction in 2014 and 2015 due to pent up demand. Rosendin Electric also had a variety of projects in the industries that demonstrated the strongest growth – healthcare, data center, power, education, and manufacturing.

In addition to increasing their volume of construction projects, Rosendin Electric continues to be a pioneer amongst peers in the development of technology to improve operational efficiency. Rosendin Electric was one of the first electrical contractors to equip project managers, superintendents, and field supervision with tablets to allow them to review project specs and diagrams, clock workers in and out, manage the supply chain, and much more. The use of sophisticated materials tracking software, for example, supports just-in-time delivery of essential materials to the job site to eliminate construction downtime. In addition, Rosendin Electric provides its employees with comprehensive documentation and hands-on training, as well as webinars and video clips to improve efficiency and safety in the field, all of which contributes to improved efficiency and reduced costs.

“There are so many ways that technology has helped us to become more productive,” Sam Lamonica, CIO of Rosendin Electric, told EC&M. “We now have tools to help us with everything from estimating to modeling to prefabrication. The benefits are just so wide-ranging.”

About Rosendin Electric
Rosendin Electric, Inc., headquartered in San Jose, California, is an employee-owned electrical engineering, power, and communications provider and is one of the largest privately held electrical contractors in the United States. With over 3,500 employees and experience worldwide, Rosendin Electric has built upon a 95-year reputation for quality design and installations. For additional information, visit http://www.rosendin.com.

Media Contact:
Shelly Sever
Marketing Manager
Rosendin Electric
(408) 534-2819
ssever@rosendin.com
http://www.rosendin.com

Market Rates Insight Releases Findings from its New Consumer Study: Growth and Revenue Potential from Emerging Financial Services

Market Rates Insight

New fee optimization study reveals perceived value of new financial services and how to optimize fees with service bundles to generate new revenue.

SAN ANSELMO, Calif. (May 30, 2013) — Market Rates Insight, Inc., a leader in financial services intelligence for deposits, personal loans, mortgages, and fees, has completed the analysis phase of its latest consumer research and fee optimization study, “Growth and Revenue Potential for Emerging Financial Services.” The study examines 13 emerging financial services and assesses consumer attitudes about the importance and value of each service, segmented by banks and credit unions as well as demographic groups. The study findings will be reviewed in a webinar to be hosted by Market Rates Insight on June 18.

This study is the only one of its kind to measure consumer attitudes about banking fees and services and was conducted nationwide to help banks and credit unions better understand consumers and identify new revenue sources from fee-based services and service bundles. Banks and credit unions are facing new challenges from non-banking competitors offering banking services, and they need to identify new ways to attract and keep customers. This study provides empirical data on the importance and value of emerging services to help financial institutions create service offerings that attract and retain customers while building revenue.

Some of the preliminary findings reveal that identity theft alerts (70.8%), credit score reporting (71.4%), payment protection services (64.6%), and same-day bill pay (58.7%) currently ranked with the highest consumer demand. Other services such as eldercare services, prepaid reloadable cards, and location-based coupons showed the greatest growth potential with consumers.

This study also reveals for the first time how consumers value certain combinations of services. Consumers typically value service bundles more than individual services, and will pay a premium for bundled services. The study reveals which combination of services command higher fees because of increased consumer demand.

“For the foreseeable future deposit rates will remain flat and loan demand will stay soft, so financial institutions will have to rely in fee revenues for income growth. But to convert services from ‘free to fee,’ banks and credit unions will have to identify new services that consumers want and are willing to pay for. Our new study shows banks and credit unions how to use service fees to expand profits and penetration with both existing and new customers.”

The “Growth and Revenue Potential lf Emerging Financial Services” study is being offered in both an Essential and Premium package. The Essential package includes copies of the complete 150-page study and a competitive survey of 10 financial institutions and their adoption of the 13 emerging financial services. The Premium package includes the survey and competitive data, as well as an optimization analysis of service bundles, an online optimization consultation, copies of the Emerging Trend Spotlight quarterly update, and access to trend analysis and service integration online seminars.

For more information about the study or the upcoming webinar, contact Market Rates Insight at info@marketratesinsight.com.

About Market Rates Insight
For more than two decades, Market Rates Insight (MRI) has been helping clients price with precision by providing banks, thrifts, credit unions, and other financial institutions with comprehensive market intelligence on deposits, loans, and fees. MRI’s products include web-enabled, customizable report programming, proprietary product research tools, searchable databases, market alerts, and online dashboards that aggregate key client data to provide real-time interactive views on how they rank against their specific competitors. MRI provides advanced toolsets for deposits uses deposit surveys, mortgage and consumer loans, and loan surveys, fees and features pricing in addition to studies, new product alerts, benchmarking and market analyses to give subscribers the intelligence needed to strategically position products, optimize pricing and react to emerging trends.

Market Rates Insight is located in San Anselmo, California. For more information, see http://www.marketratesinsight.com.

Photos available upon request

For additional information contact:
Tom Woolf
Market Rates Insight
(415) 259-5638
tom.woolf@marketratesinsight.com

LinkedIn Is Your Best Social CRM Resource to Drive Revenue – Next Experts Connection for Business Explains How

Social Media Expert Jim Durbin Provides Step-by-Step Approach to Show You How to Mine LinkedIn for New Sales Leads and How to Connect with Decision-Makers.

NOVATO, Calif. (April 10, 2013) — Connecting with your prospects before you even make a sales call is having a terrific impact on business, and LinkedIn is the first source of social selling for most sales, marketing, and business development professionals. LinkedIn provides a social CRM database that is being continually updated by users so the information is always current. In the next session of Experts Connection for Business, “LinkedIn for Sales: Driving New Revenue” (http://www.experts-connection.com/business.aspx), social media specialist Jim Durbin will show how to use LinkedIn to find new clients, understand their company, and engage with them in a way that turns connections into revenue. The webinar is scheduled for 4:00 to 5:30 ET (1:00 to 2:30 PT) on Tuesday, April 24 and is archived online for registrants to access after the presentation. The Experts Connection webinar series is sponsored by NETSHARE® (http://www.netshare.com).

Social media gives sales and marketing executives – anyone who is really connected -new ways to increase the top line. LinkedIn escalates social selling by providing a central forum where you can identify new company and new prospects, assess their needs, and build a meaningful dialogue that will allow you to present your solution to their problem. Using LinkedIn as a social CRM platform, you can quickly gather intelligence, uncovering hidden knowledge about your prospects and their business activities. LinkedIn can turn good salespeople into great salespeople.

In this 90-minute webinar, Durbin will show you how to:

– Use social CRM to track decision-makers and executives through their social connections;
– Use LinkedIn profiles to find direct phone numbers and contact information;
– Connect with prospects, including how to use simple messages that generate responses from connections;
– Identify revenue opportunities from former employees and competitors;
– Develop “before and after” strategies for the sales presentation; and
– Optimize search and profile techniques to boost your personal profile.

“LinkedIn now has 200 million members in 200 countries making it the biggest directory of professional contacts around. And all these contacts are self-selecting, offering up any number of details about themselves and their business for those who know how to mine for it,” said Katherine Simmons, CEO of NETSHARE and host of the Experts Connection webinar series. “When used properly, LinkedIn can be any sales professional’s most powerful tool, and Jim will give you a detailed approach to show you now to use LinkedIn to build your client database.”

The Experts Connection webinar series allows business professionals to connect with experts in a wide range of areas, gathering information about business-critical topics presented with an eye toward the practical, not just the theoretical. Experts Connections recruits the most knowledgeable specialists to address problems facing small companies, multi-national corporations, B2B, B2C; businesses of any size serving any market. The cost of the seminar is $100, and access is provided via web and telephone. A web archive also is available for registrants. For more information, visit the Experts Connection online at http://www.experts-connection.com/business.aspx.

About James Durbin:
Jim Durbin is vice president of social media for Brandstorming Interactive, a B2B marketing firm. As well as being a blogger and business owner, Jim shares his expertise as a frequent speaker on topics such as CRM, online marketing, and harnessing the social enterprise. Before he started one of the first social media companies in 2006, Jim was a top performer as a sales executive for a national staffing firm. He is a graduate of Washington and Lee University and lives in Dallas.

About NETSHARE
NETSHARE (http://www.netshare.com) is a confidential, membership based organization dedicated to providing executives across all disciplines and industries with quality $100K plus job lists. NETSHARE also offers networking opportunities and a community of peers for the exchange of strategic information related to job search, professional development and best practices. NETSHARE has been recognized by Fortune and Forbes magazines as the best online destination for executive positions.

Contact:
Annette DiSano
NETSHARE, Inc.
(415) 883-1700
annette@netshare.com