Find news and information for the executive corporate security director, CSO, facility manager and assets protection manager on issues of policy, products, incidents, risk management, threat assessments and preparedness.
Issue link: http://sdi.epubxp.com/i/738825
24 Security Dealer & Integrator / www.SecurityInfoWatch.com October 2016 providing a recording device on loca- tion. While the cameras need to be situated onsite, much of the data and information can live in the cloud. With recent advances in compres- sion technology, uploading and down- loading high-resolution streams is becoming faster and easier, and so is storage, search and retrieval. anks to these new technologies, companies are transforming their business models to broaden their offerings and gain a fuller picture of their commercial clients' businesses. ey are able to deliver more sophisti- cated data and analytics that are help- ing these companies not only update their security processes, but also sharpen their customer insights and business strategies. For example, a fast-food restaurant or retail business can leverage video surveillance to enhance loss pre- vention, compliance and safety. Are Capitalizing on the red-hot managed video segment may be a fast path to greater profits and company valuation By John Robuck T he year 2016 has been a transformative year for the secu- rity industry so far, which continues to grow and innovate, due in part to the impressive gains video surveillance technology. Investors and lenders are paying close attention to advances in this quickly evolving segment and are looking for ways to capitalize on the talent and innovation that continues to set the security industry apart. For security companies, this pres- ents an opportunity to think big- ger and make strategic moves into new services and markets; however, before you decide to change up or expand your business model, it is critical to understand what inves- tors and lenders are focused on, and how you can evolve your strategy to attract investment and financing dol- lars to fuel your growth. Powers Industry Growth Video Surveillance VSaaS Investors and lenders are looking for ways to capitalize on the talent and innovation that continues to set the security industry apart. Video Powering Growth A closer look at the numbers: A Capital One survey of security system profes- sionals last year found that 85 percent of respondents expect improved finan- cial performance in the security sector. Video monitoring, and Video Surveil- lance-as-a-Service (VSaaS) business models in particular, should continue to be a stand-out segment. Market research firm IHS predicts that VSaaS, from a small base, could grow at 17 to 18 percent for the five- year period ending in 2019; while access control as a cloud service could grow at 20 to 21 percent. is makes video one of the fastest-growing seg- ments in the industry. What's driving the strong gains, and are they sustainable? Growth across the security industry has acceler- ated due to a combination of factors, including major advances in tech- nology and business model changes resulting from those advances. With new video technologies, com- panies can offer clients more ways to customize applications and analytics. ese new capabilities are revolution- izing the security industry, strengthen- ing traditional monitoring and offering valuable consumer insights. As tech- nology has improved, analytic solu- tions have become more affordable, more efficient and more effective. As a result, more security companies have access to the video space than ever. Companies are also overcoming resistance to moving to the cloud, enabling the security industry to offer them a new universe of cloud-based video services that extend far beyond