Security service - Expert commentary
The security industry knows the value of recurring revenue, as it’s the foundation of the residential security monitoring market. Commercial systems integrators have traditionally taken a different approach, focused on one-time commodity-based sales that lack the financial benefits provided through long-term serviced-based agreements. Cash flow is one of the biggest challenges faced by security systems integrators. And the truth is, during economic uncertainty, businesses will find...
ISC West, the world's largest security industry trade show, is just around the corner. This in-person show gathered more than 1,000 manufacturers and over 30,000 visitors from all over the world in 2019. On top of that, more than 200 brands exhibited at ISC West for the first time. This year's event promises to be just as exciting, if not more so. Let’s overview some leading security trends in video management systems development, and what's worth your time and attention at ISC West 2020....
Two of the most familiar names in the physical security market – Pelco and Panasonic – underwent ownership changes during 2019. Consolidation continued on multiple other fronts. Security service companies, video companies and access control companies were all among the entities involved in merger and acquisition (M&A) activity during the last 12 months. In short, the industry landscape continues to transform in response to a changing market. Here's a look at the Top 10 M&A s...
One of the responsibilities of construction project managers is to account for risks during the initial planning for a project and mitigate them. With all the tools, construction materials, and heavy machinery during the initial stages of a project, the construction site is a dangerous place to be at. However, this is not the only risk that project managers need to protect a site from. With plenty of valuables both physical and virtual within a construction site, it is also a prime target for t...
Growing up, I was surrounded by the military way of life as my father was a Captain in the Marine Corps during the Vietnam War and my grandfather and uncles all served in the military. Even from a young age, I knew I was going to serve our country. My 22-year career in the military includes serving in the United States Air Force, the California Air National Guard and as a reservist assigned to an active-duty Air Force unit. Training and development operations Over the course of my military c...
The jury is in: traditional security is out — and it’s being replaced with service-based solutions. The bottom line is: if you’re not embracing it, you’ll soon be left behind. XaaS — the collective term referring to the delivery of anything as a service — includes all services made possible through the use of the cloud. Security-as-a-Service (SaaS), which encompasses any type of system from access control to video surveillance, has paved the way for users to...
The statistics are staggering. The death tolls are rising. And those who now fear environments that were once thought to be safe zones like school campuses, factories, commercial businesses and government facilities, find themselves having to add the routine of active-shooter drills into their traditional fire drill protocols. The latest active shooter statistics released by the FBI earlier this year in their annual active-shooter report designated 27 events as active shooter incidents in 2018...
We live in an information and data-led world, and cybersecurity must remain top-of-mind for any organization looking to both protect business operation critical assets. Businesses without proper cyber measures allow themselves to be at risk from a huge list of threats - from cybercriminals conducting targeted spear-phishing campaigns - like the 2018 Moscow World Cup vacation rental scam, to nation-state actors looking to collect intelligence for decision makers - no organization is safe from in...
The industry faces numerous challenges in the coming year. Physical and cyber security threats continue to become more complex, and organizations are struggling to manage both physical and digital credentials as well as a rapidly growing number of connected endpoints in the Internet of Things (IoT). We are witnessing the collision of the enterprise with the IoT, and organizations now must establish trust and validate the identity of people as well as ‘things’ in an environment of in...
It’s not surprising that people are nervous about the security of newer technologies, many of which are part of the Internet of Things (IoT). While they offer greater efficiency and connectivity, some people still hesitate. After all, there seems to be a constant stream of news stories about multinational corporations being breached or hackers taking control of smart home devices. Both of these scenarios can feel personal. No one likes the idea of their data falling into criminal hands. A...
The oil and gas market is driven by a number of technology trends, political issues, waves of supply and demand, and regulations. At times, it seems like the market is in a constant state of ebb and flow, with business affected by traditional drivers, such as government mandates and operational efficiencies, and other non-traditional markers, like challenging weather conditions (consider the 2017 hurricane season as an example). Additionally, the global economy continues to grow, propelling incr...
According to the reports of not-for-profit organization Gun Violence Archive, the year 2018 has seen 323 mass shooting incidents as of November 28 in the United States. This number is 346 for the year 2017 and 382 for 2016 (more statistics are available here), with “mass shooting” defined as cases where four or more people are shot or killed in the same time period and location. While definitions of mass shooting vary with organizations in the US, the count of over 300 incidents per...
With the coming of a New Year, we know these things to be certain: death, taxes, and… security breaches. No doubt, some of you are making personal resolutions to improve your physical and financial health. But what about your organization’s web and mobile application security? Any set of New Year’s resolutions is incomplete without plans for protecting some of the most important customer touch points you have — web and mobile apps. Every year, data breaches grow in scop...
In the age of massive data breaches, phishing attacks and password hacks, user credentials are increasingly unsafe. So how can organizations secure accounts without making life more difficult for users? Marc Vanmaele, CEO of TrustBuilder, explains. User credentials give us a sense of security. Users select their password, it's personal and memorable to them, and it's likely that it includes special characters and numbers for added security. Sadly, this sense is most likely false. If it's anythi...
IHS Markit projects that the market for physical electronic access control solutions has grown to over $5.2 billion in 2018. The market has experienced stable and predictable growth rates that have hovered around 6 percent over the past several years. Electronic locks remain both the largest and the fastest growing product type in access control, representing nearly 40% of the global market size for all access control equipment. Impact Of Technological Developments While market growth rates ha...
2018 was a good year for integrators and manufacturers across the board. The economy has been strong which manifested itself in many ways but in particular construction was booming. This was very good for the security industry, especially those integrators and manufacturers who provide services and products in the commercial space. Two of the most unexpected things that impacted the market, and will continue to impact it into 2019, are the trade war and the rapid rise of interest rates. I have...
Last week, the Schedule 84 Suppliers Research Panel participated in reviewing the 2018 contracting year with the GSA Schedule 84 leadership team. Our panel group consists of experienced contractors and consultants meeting for a monthly conference call. Schedule 84 is the GSA Schedules Contract for Total Solutions for Law Enforcement, Security, Facilities Management, Fire and Rescue. Our opinions are part of a research program to provide valuable feedback to the GSA Schedule 84 program and on t...
In 1973, a brilliant economist named E.F. Schumacher wrote a seminal book titled ‘Small Is Beautiful:’ taking an opposing stance to the emergence of globalization and “bigger is better” industrialism. He described the advantages of smaller companies and smaller scales of production, highlighting the benefits of building our economies around the needs of communities, not corporations. In almost every industry or market that exists in the world today, you're like...
Facial recognition has a long history dating back to the 1800s. To track down criminals, such as infamous bandits Jesse Woodson James and Billy the Kid, law enforcement would place “Wanted Alive or Dead” posters advertising bounties and soliciting public cooperation to help locate and even apprehend the alleged criminals. In addition to the bounty, these posters would include a photo and brief description of the crime, which would then be circulated to law enforcement agencies arou...
As technology advances, the world is becoming increasingly connected, changing the way users think about and interact with security systems, which continue to evolve across all verticals and applications. With this change comes new opportunity for security integrators; security systems are advancing, creating new needs for products and services — some of which can be met through the adoption of cloud-based service systems. Cloud technology is no longer a dreamt-up version of the future of...
Over the past few years, biometrics has rapidly expanded into consumer applications, like the financial market for customer authentication, to payment services and withdrawing cash from ATMs in high-fraud markets. However, its adoption as an additional authentication factor for physical access control systems (PACS) and other enterprise applications, hasn’t been as rapid. But this is changing. Biometrics offers numerous benefits at the door and throughout the enterprise. With the advent o...
It’s not hard to see why more and more locations are requesting security solutions that operate on an open system. Selecting products and platforms that utilize open standards—Session Initiation Protocol (SIP), HTTP, IEEE, RESTful APIs, etc.—provide additional levels of interoperability, scalability and versatility that give organizations the flexibility they want to be proactive with safety and security. Unfortunately, creating the right solution today isn’t quite as si...
The physical security industry is rapidly changing, ever evolving, and one that is growing faster than most other sectors of the greater global market. The latest research shows that the forecasted growth rates will be a compound average growth rate (CAGR) of 7.2% and a total market revenue opportunity of $41.27B through 2022. These economic indicators make the industry a very attractive investment for entrepreneurs and for investment from large corporations from other industries. At ISC West 2...
With the recent tragic events in Florida, it’s evident that schools require more tools to help ensure their students’ safety. With that, school and municipal officials all over the country are looking for more advanced ways to combat gun violence. While there is no perfect solution for the myriad of threats and emergencies with which our schools are confronted, many have looked to technology to help improve communications before, during and after incidents. For schools across the...
When asked about what the market should be thinking about in 2018, I am left offering an answer that serves as an urgent call to action: Prepare yourself for change! The security industry is soon likely to see a dramatic shift from the traditional segmentation of commercial and residential security. Smart phones, mobile technologies, cloud computing, and having everything provided ‘as a service’ in peoples’ lives means users of buildings have a new set of expectations. In many...
Video surveillance as a service (VSaaS) is not just for commercial organisations. Federal, state and local governments can also realize benefits from the technology—and use it to deliver an integrated video surveillance system that addresses some of their unique security needs. Video Surveillance as a Service (VSaaS) What is VSaaS? Simply stated, it’s a cloud-based video surveillance solution that is packaged and delivered as a service over the internet. The price varies depending...
The physical security market continues to experience growth as users look to capitalize on the promises of emerging technologies and because of this, 2017 proved to be a great year for Oncam. In fact, this year was the best year in Oncam's history in terms of sales, as 360-degree fisheye cameras have gone from being a “specialty” camera used only in certain applications to a primary device for enabling total situational awareness. Today, many of our customers leverage 360-degree ca...
The early October wildfires in Northern California and recent spate of hurricanes in the Southeast and Puerto Rico reinforce the fact that the healthcare community is in need of more stringent attention to organized and community-supported Emergency Management. Regulating Healthcare Facilities With the potential for catastrophes in the future, the Centers for Medicare and Medicaid Services (CMS) has been working on "All-Hazards" Emergency Preparedness for several years and published CMS-3178 -...
Cloud computing has many benefits, including greater flexibility, infrastructure cost savings, and enhanced computing performance. However, the cloud presents new security challenges that organizations need to address. A failure to implement security controls and adhere to solid data governance practices could result in a breach. Preventing Worst Case Scenarios Consider this scenario, a company begins their migration by getting excited about the possibilities the cloud can provide to their app...
A childhood friend of mine has made a nice career in coaching college football. As with most coaching careers, he’s had to make several moves over the years. He was the Linebackers Coach at a national powerhouse FBS school for a few years before getting promoted to Special Teams Coordinator. From there, he moved into a Defensive Coordinator at another FBS school. Not a national powerhouse, but he was the D.C. – a huge promotion. Although I’ve kept up with his progress, and have...
