IFSEC Southeast Asia 2016 is an opportunity to create new networks with leading companies and peers The region’s security, fire and safety industry is getting excited for the fourth edition of IFSEC Southeast Asia 2016. On 7-9 September 2016, industry experts from around Southeast Asia will gather on the show floor to build networks amongst industry peers, discuss on the future development and business deals, and obtain new information from seminars. All these will happen within the three-day event. Who Will Be There? The event will be participated in by more than 350 companies from 42 countries, who will showcase the latest products in CCTV, Access Control and Biometric, Perimeter Protection, Control Rooms, Home Automation, Cybersecurity and more. With a wide range of products from renowned companies, IFSEC Southeast Asia 2016 expects to attract more than 10,000 trade visitors from around the region. Exhibitors expect to see government officials, police, trade buyers, specifiers, architects, developers, contractors, system integrators, distributors and end-users, amongst others. For the 2016 edition, IFSEC Southeast Asia received support from a number of government agencies and associations from Malaysia and other countries, which include Malaysia’s Ministry of Home Affairs, Ministry of Urban Well-being, Housing and Local Government, Royal Malaysia Police, British Security Industry Association (BSIA), Asian Professional Security Association (APSA) Malaysia Chapter, ASIS Malaysia Chapter, CyberSecurity Malaysia, Construction Industry Development Board (CIDB) Malaysia, National Examination Board in Occupational Safety and Health (NEBOSH) United Kingdom and International Workplace (IW). Occupational Safety And Health With the involvement of IW, IFSEC Southeast Asia 2016 will organize for the first time a free two-day seminar that will highlight on the occupational, safety and health (OSH) industry. Six topics will be delivered by OSH international experts, such as David Sharp and Danny Cousins from IW, Anthony Wong from Singapore American School, Tim Chappell from Harrow International School, and more. Some of the topics offered are “Educational Travel Risk Management”, “Fire Risk Assessment: Principle and Practice” and “Ensuring a Positive Safety Culture”, and more. Cybersecurity Focus The exhibition will providemore insights on cybersecuritythreats, which has been themain concern for governmentand private sectors In addition, for this year’s edition, the exhibition will provide more insights on cybersecurity threats, which has been the main concern for the government and private sectors. The Ministry of Interior of the Republic of Korea through its agency has joined hands with the National Computing and Information Service (NCIS) towards this cause. NCIS will organize a free panel discussion on 8 September on the topic “Korea’s Cybersecurity Strategy: Public-Private Collaboration to Respond to Cyber Attacks”. Meanwhile, CyberSecurity Malaysia will organize a paid training session on 7 September 2016 from 8.30am to 5.00pm. The training’s theme is “Cybersecurity Risk Management for C-suite”, and the goal is to prepare members of the board and other senior management to understand, assess and take a proactive posture in cybersecurity. Along the way, attendees will investigate risk assessment and management frameworks that help mitigate the risks, as well as identify potential security gaps that could prove a liability. IFSEC Technology Showcase Trade visitors shouldn’t miss the opportunity to attend the annual IFSEC Technology Showcase to listen to the experts on the latest products and case studies. This year, 14 topics will be presented by leading companies, covering a wide spectrum in the areas of security, fire and safety. Some of the topics are “Internet of Things”, “Critical Infrastructure Protection”, “Internet Protocol”, “Security Access Control System”, “Safe Cities” and more. Industry players can also learn about “Market Overview of Security and the Smart Home in Asia”, which will be present by Jim Dearing, market analyst from world-renowned research company, ISH Markit. Security, fire and safety are crucial elements in any city, in order to make it sustainable and safe for businesses, industries and residences. All parties involved are invited to visit IFSEC Southeast Asia 2016 to create new networks with global-leading companies and industry peers. Attendees may listen to various topics on the show floor to obtain insights on the industry’s latest development and direction. Save
Since the Brexit vote, some warning signs for the security market have begun to appear Should the United Kingdom follow through with its plans to leave the European Union (EU), there could be a number of consequences that filter through to security industry stakeholders. Short Term Outlook In theory, the short-term the market outlook for 2016 and 2017 should be relatively unaffected, the UK has yet to activate Article 50, which instigates the formal procedure to leave the EU. Only the UK Prime Minister can invoke Article 50 to begin the negotiation process, which is expected to take around two years to complete. To further add to the uncertainty, there is also still a small chance that the new Prime Minister, Theresa May, will choose not to invoke Article 50 because the referendum is not legally binding. Banking And Finance Market However, it has been a month since the vote and some warning signs for the security market have already begun to appear. The British banking and finance sector, a heavy user of video surveillance and access control equipment, has taken a thrashing in the financial markets, largely over fears that it may lose access to lucrative European markets if London fails to keep its passporting rights. Some financial institutions are already taking steps to limit damage to profits by curbing expenditure; this has resulted in some facilities switching to a “fix-before-replace” approach to security equipment maintenance. Although the slowing replacement rate is bad news for equipment vendors in the short-term, maintenance service revenue for installers and monitoring companies should enjoy a small boost. Downward Currency Trend Uncertainty over Britain’s future also wreaked havoc in the currency markets, the British Pound lost around 9 percent of its value against the Euro and the US Dollar within 24 hours of the vote. If this downward trend were to continue, UK-based manufacturers could see their cost of sales increasing, as they find importing raw materials and components more expensive. However, they should also benefit from a small boost in demand, as their prices become more favorable to those outside the UK. Resilient Video Surveillance Market IHS Markit estimates that lessthan 5 percent of the Europeanmarket is supplied by UK-headquartered video surveillancevendors In fact, the video surveillance equipment market should be one of the most resilient to this type of market volatility. The majority of equipment is manufactured in Asia, plus a larger portion of vendors are international companies, which are typically more experienced in dealing with changing terms of trade. IHS Markit estimates of market share indicate that less than 5 percent of the European market is supplied by UK-headquartered video surveillance vendors. Intruder alarm remote-monitoring revenues are also projected to react slowly to the shakeup. Their long-term contracts lock in revenues and generally protect service providers from short-term swings in demand. Slowing Investment In the longer-term, if formal proceedings to leave the EU are started by the UK, it would become more certain that the security equipment market will suffer. This would begin in 2018 with minimal effects from slowing investment and the lack of new construction projects. Access control, intruder and fire alarm markets typically track construction rates closely and are forecast to be affected most by this trend. However, a large cut to infrastructure spending would be just as damaging for the video surveillance market. These negative influences are likely to accelerate in 2019 and 2020, if the UK fails to negotiate a “soft exit”. If a deal cannot be struck within the two-year time-frame set out by Article 50, the UK would have to revert to World Trade Organization (WTO) trade rules. This means that tariffs have to be imposed on trade between the UK and the EU, which would be a disaster for commerce in both regions -- but especially for the UK. Strenuous efforts are expected to be made to avoid it. Long Term Effects Once the separation is completed, other long-term effects and key points of interest for the security industry include the following: The EU funds many development and renovation projects across the European continent. These projects often come with the stipulation that a certain portion of the funds are to be spent with EU suppliers. UK security suppliers are likely to lose this business to competitors, once the Brexit process has been completed. The British Standards Institution (BSI) currently follows European standards fairly closely. Without EU membership it remains unclear whether the BSI would feel the need to continue to follow EU standards. There are five British-based access-control and intruder-alarm vendors supplying the European market in significant quantity – each with revenue exceeding $10 million. IHS Markit estimates that these companies combined account for less than 10 percent of total European, Middle-Eastern and African (EMEA) market revenues for both industries.
Just 0.4 percent of fixed-broadband subscribers in the United States purchased a residential alarm system from an MSO in 2015 Although multi-system operators (MSOs) have made significant inroads into the residential alarm market; they still have a long way to go before they can claim to have truly conquered the traditional security provider’s stranglehold on demand. In fact, according to Jim Dearing, IHS Technology’s analyst, residential security, just 0.4 percent of fixed-broadband subscribers in the United States purchased a residential alarm system from an MSO in 2015, and IHS intruder alarm equipment shipment forecasts indicate that this figure will not exceed 1 percent before 2020. Residential Alarm Control Panel Sales According to the latest information from the IHS Intruder Alarm and Monitoring Services Intelligence Service, just over 343,000 residential alarm control panels were sold to MSOs across the entirety of the Americas region in 2015. Shipments of residential panels to the professional security sector in this region exceeded 2 million units in 2015. Comcast, Time Warner Cable, AT&T first began offering residential alarm systems in 2010, 2011 and 2012 respectively. These companies touted multiple advantages over existing competitors, such as the opportunity to market the new products and services to enormous existing customer bases, advertising budget war chests that ADT and other home security companies could only dream of, and the ability to leverage pre-existing supplier agreements to acquire and provide affordable hardware. Limitations To Growth However, it’s possible that some of these advantages could end up limiting growth, or worse, end the MSO’s venture altogether, says Dearing. For example, there are only so many times an MSO can call an existing customer and offer them additional products or services, without aggravating them to the point of cancelling their contracts. IHS also found that there is a slight trend towards MSOs shifting their preference for equipment suppliers to professional security manufacturers, rather than their usual suppliers, due to the affordable -- but often lower-quality -- equipment’s higher false-alarm rate causing subscriber issues. Huge budgets afforded to the new MSO divisions also come with strings attached by their parent companies. If they don’t acquire a certain number of subscribers or acceptable levels of profitability by a certain date, companies might close down the home security division, in order to free up budget to pursue other revenue-generating opportunities. MSOs have been aggressive in their pursuit of market share in the alarm market over the past five years, potentially because they are running up against tight revenue goals from their head offices -- with little room for sympathy or excuses.
Artificial Intelligence: Understanding Its Place In Physical SecurityDownload
Delivering Smart, Secure and Healthy Retail Environments with the CloudDownload
Protecting Your Data Against Physical ThreatsDownload
Achieving True Situational Awareness In Operation Centers With Computer Vision & AIDownload