The year of 2016 ended with Vanderbilt finalizing the acquisition of Access Control Technology Ltd., which strengthened the company’s product portfolio and introduced an entirely new market segment to partners and customers in Ireland and the United Kingdom.
ACT brings an existing cloud-based access control solution to Vanderbilt, thereby complementing the existing product mix. This new technology adds significant value to our customers in Europe, and we plan to deliver it to our customers in North America very soon.
Integrated Security Approach
Along those lines, the access control market is seeing a sizable shift from a siloed approach to that of an integrated solution that combines video surveillance, access, analytics and cloud-based functionality that can better serve organizations of all sizes, from small- and mid-size establishments, to enterprise facilities with global footprints. Today's modern organizations require manufacturers and integrators to add more value to installations by combining critical systems, such as access control with human resources programs, to eliminate standalone systems and data points, and increase the efficiency of operations.
Rise In Cloud-Based Systems
In the coming year, we will see a rise in cloud-based systems, as these types of solutions are growing at an incredible pace globally. The cloud forms a massive part of the overall IT landscape and spending in this type of infrastructure is set to grow exponentially over the next few years. Cloud-based access control in particular offers users the benefit of remote control over systems, flexible monitoring and an integrated approach to security.
Network latency and cybersecurity are other key concerns going into 2017, as we’ve seen a number of critical data breaches wreak havoc on both private entities and government agencies. Stakeholders have already been asking the question, “Is my data secure?” and today’s integrators and manufacturers will have the burden of proof in assuring them that safety is at the core of the products they sell.
See the full coverage of 2016/2017 Review and Forecast articles here
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