Big data is a buzzword, and data – presumably of all sizes – is a driving force in the physical security market. As systems become more sophisticated and expand their capabilities, the result is more data; in some cases, a lot more data. But a key question is: What do we do with the data? How do we use it to provide value? How do we interpret it, and transform it into useful information and/or intelligence? We presented the topic of data to our Expert Panel Roundtable and came away with a range of thoughts on its changing – and expanding – role in the physical security market (and beyond). We asked this week’s Expert Panel Roundtable: How is a greater emphasis on data changing the physical security market?
Data is impacting multiple areas in (and related to) the physical security market. From building automation to managing building occupancy, from predictive capabilities to business intelligence, use of data is expanding the scope of what’s possible; not to mention its key role in enabling greater security, safety and more effective risk management. Availability of more data is happening in lockstep with development of new capabilities to analyse and interpret data, including sophisticated "deep learning" and artificial intelligence (AI) technologies. Data is an essential element in our current security environment, and its importance will continue to grow rapidly. In many ways, data will direct our future path.