Customers want more data analysis and auditing

2014 saw more organisations making data-driven decisions with insight or foresight provided by intelligent analysis of the data

Morse Watchmans 2014/2015 Review and Forecast:

2014 saw a year of continued change in the security marketplace. A healthier economy triggered growth in new projects and helped loosen the purse strings for capital expenditures. From a technology standpoint, the industry evolution to a more network-centric environment created additional opportunities for manufacturers to partner. This has moved the needle well beyond the basic video surveillance-access control partnership to new levels that provide seamless, end-to-end solutions for customers.

A budding trend with great significance and potential is predictive analysis or forensic auditing and its potential for affecting a company’s risk profile. More and more, organisations were making data-driven decisions with insight or foresight provided by intelligent analysis of the data.

Going forward, both partnering and data analytics will continue to dominate the security landscape because it will lead to improved system functionality and to a more centralised control of the overall system. And with centralised control, data can be more effectively gathered and analysed. The benefits of this development can also be applied to the small business owner as well as the enterprise organisation and thus provide more opportunity for growth.

Morse Watchmans has been steadily refining and adding to their product portfolio with an eye on these changes. Improved inter-operability, increased options for alerts and more sophisticated and comprehensive reports have made key control a vital part of today’s physical security systems. And when key management systems are paired with related industry access and alarm systems, the end result is a more streamlined solution that delivers added operational efficiencies, improved reporting capabilities and potential cost benefits.

The ultimate recipient of the benefits of change has also been, and will continue to be, the end user. They are increasingly recognising the benefits of integrated network security solutions in assessing risk and thwarting crime, and as a result looking for a security platform that is flexible and cost effective with minimal requirement for technology management. Manufacturers who understand and act upon these needs will be better positioned to take advantage of the opportunities generated.

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