A new decade has dawned upon us, and with that, the brewing digital revolution has become a substantial reality. The digital revolution has transformed the world in a multitude of positive ways—but it has inadvertently created new threats. And thus, it is safe to say that the security industry is facing a substantial digital disruption, and if CISOs want to be successful, they need to embrace digital transformation. Maintaining the status quo won’t work as this will only increase this gap and prevent the CISOs and their companies from capitalizing on a valuable opportunity.
By challenging conventional thinking and reimagining how business is operationalized, physical security can provide next-level insights, improving life safety, and creating value across the organization beyond traditional risk management. Thankfully, technology has come to the CISOs’ rescue. By leveraging technology to generate higher intelligence, physical security will also be able to do more with less, improving operating efficiency and reducing operating and capital expenses by up to 30-50 percent (depending on the rollout and the size of the organization).
To generate further value, organizations could take their solutions to the market in a “security-as-a-service” model to help the industry as a whole achieve widespread transformation—unlocking significant business opportunities.
Physical security faces a host of challenges. Inbound threats continue to evolve in complexity and variety, requiring new response strategies. The fundamental rules of business are shifting, changing the definition of success. Partners in security products operate in a mode where they dictate to a market that looks for an incremental change instead of generational leaps. To combat the existing threats, CISOs require intelligent applications that can be leveraged to sift through overwhelming amounts of data rapidly. Helping them are the recent developments in artificial intelligence and signal processing that is assisting CISOs to catch up. As tools become more sophisticated and readily available, CISOs and security organizations must adopt new practices and capabilities.
We present to you “Top 10 Physical Security Solution Providers - 2020.”