APi Group (APG) Shows Commitment Towards AI-Related Initiatives

APi Group Corp. (NYSE:APG) is one of the 8 best construction & engineering stocks to buy according to Wall Street.

On March 17, APi Group Corp. (NYSE:APG) executives outlined their path towards exceeding $10 billion in revenue by 2028 at JPMorgan’s Industrials Conference. The company targets 60% recurring revenue and more than 16% in adjusted EBITDA margin.

Chief Financial Officer David Jackola emphasized a decentralized model across more than 500 locations. A cost-saving program of around $125 million was also implemented in the organization’s Chubb International business unit. The percentage of data center revenue grew to 8% in 2025 and is expected to reach 10% in 2026.

One of the several key initiatives taken by the company leaders was a heavy investment in AI-related technology, such as those that help keep track of customer attrition, as well as voice recording for field service technicians. According to Jackola, the company would invest in bolt-on acquisitions of companies dealing in fire safety, as well as elevators, with a target of reaching $1 billion in elevator platform sales.

APi Group Corp. (NYSE:APG) delivers building safety and infrastructure services worldwide. It provides technologies for fire protection, security systems, and elevators and escalators. It serves sectors including healthcare end markets, critical infrastructure, and high-tech services by offering them development, maintenance, and monitoring of life safety systems.

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