Security Business

FEB 2019

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.

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8 Security Business / www.SecurityInfoWatch.com / February 2019 story, A Growing Opportunity, online at www.securityinfowatch.com/12417380. Without knowing about these newer companies emerging and entering into the security integration market, we may never be very clear about the actual business climate for startups. at's why our annual Fast50 program can be so important. Most of us know the list of the top integrators – ranked by RMR – by heart, because it hardly changes from year to year. We can gain a clearer understanding of the other end of the market – the emerging companies who have only been on the scene for a few years, or five years, or even 10 – by using the Fast50 as an industry mea- suring stick. Even if you don't think your com- pany will land at the top of the rank- ings for year-over-year growth, the program is a tremendous opportu- nity for a young company to plant its flag on the security industry map and Any Startups Out There? New and growing integrators are getting harder to find W e are always talking about the difficulty in recruiting people into the security services industry at the field level, but what about the companies themselves? ere was once a time in this indus- try where it seemed like a new integra- tor would pop up every month or so – guided by an executive who came from the vendor side of the industry; or by a talented technician who thought the time was right to go into business and become their own boss; or even by an enterprising security director who thought the same thing. Are those days over? ings seem to be tough for the smaller businesses and the startups at the moment. Margins are tight, and behemoth companies are being formed primarily through mergers and acqui- sitions – oen on the backs of those very companies that sprung up 25 or 30 years ago and evolved to become one of the big players in their region, space or market. So, is our industry shrinking? Are there fewer opportunities? Perhaps, but all hope is not lost. I think of my friend Chad Gordon as a great exam- ple. He recently helped launch an integration company, called Visible Intellect, because he found an ave- nue into this industry that was vastly underserved – the cannabis market. Read more about his challenges and opportunities in our July 2018 cover Editor's Note BY PAUL ROTHMAN Paul Rothman — Editor-in-Chief Fast50 is an opportunity for a young company to plant its flag on the security industry map and let everybody know that yes, there is new blood...Yes, there is business innovation and growth from the ground up happening among security integrators. And yes, there is more beyond the handful of giant companies dominating the news." @SecBusinessMag www.facebook.com/SecBusinessMag www.SecurityInfoWatch.com/fast50 www.linkedin.com/company/16179507 let everybody know that yes, there is new blood in the security industry. Yes, there is business innovation and growth from the ground up happening among security integrators; and yes, there are more integrators beyond the handful of giant companies that are currently dominating the news and the business landscape. If you are a growing integrator that is less than five years old, please drop me a note and let me know you are out there. I can publicize your successes and help you grow even more. Learn more about and enter the Fast50 at www.securityinfowatch.com/fast50 Email me your comments/questions at prothman@endeavorb2b.com

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