Internet of Things (IoT) - Round table discussions
Lower equipment prices (with less margin) are one industry trend leading more integrators to seek out new sources of revenue. With margins shrinking on lucrative, but unpredictable, “project-based” business, integrators are looking for more revenue stability. One solution is recurring monthly revenue (RMR), which is already common in the related field of alarm monitoring. But where does RMR come from? Creating more RMR also requires that integrators change how they do business, from...
The minutes are counting down to one of the biggest security industry trade shows of the 2017 calendar. Expectations are high going into ISC West 2017 in Las Vegas: Last year’s show was very well attended and highlighted lots of new technologies. Looking ahead to this year’s show, we wanted to get the Expert Panel Roundtable’s take on what news will dominate the show. So we asked our panel: What do you expect to be the big news at ISC West 2017?
Rapid changes in technology span both the consumer and the physical security markets. In the consumer market, technology innovation is nowhere more apparent than in the palms of our hands, where we all hold the latest smartphones and mobile devices. Simply put, the unprecedented power and capabilities of today’s smart phones have changed our lives. No wonder they are also having an impact on our business of physical security systems. Although a consumer product, smartphones increasingly pl...
Changes in our industry’s technologies are reflected in the language we use. Over the years, more than one industry trend has been tied to associated buzzwords – for better or worse. As the technologies change, so does the language. We asked this week’s Expert Panel Roundtable: What are the industry’s newest “buzzwords” and what do they reflect about the changing market?
Some Expert Panel Roundtable topics are more challenging than others. Occasionally a question will “stump” the panel – i.e., no one will choose to answer it. Other times, only one or two panellists will step forward to answer a question. One comment does not a “panel” make. Taken together, however, these varied comments offer their own range of insights into the evolving physical security market. Let’s look at some of these assorted Expert Panel comments over...
The end of the year is a great time to reflect on what the security industry has accomplished and to look ahead. We invited our Expert Panel Roundtable to weigh in on what they expect looking forward to the new year. Most industry-watchers are familiar with the major trends, but how will those trends play out in 2017? Specifically, we asked this week’s Expert Panel Roundtable: What will be the biggest headlines for the security marketplace in 2017?
Big security trends are driving change in the physical security market. We see change happening around us every day, and much of it is disruptive to the status quo. We asked this week’s Expert Panel Roundtable: What has caused the greatest disruption to the physical security market in the last 12 months?
Here we are already at mid-year, and 2016 has been an eventful one for the security marketplace, dominated by mergers and acquisitions and lots of new products coming to the market. But what’s the outlook for technology in the second half of the year? What technologies will draw the most attention and drive the market into 2017? We asked this week’s Expert Panel Roundtable: What technology buzz will dominate the security industry in the second half of 2016?
How mobile telephones have transformed into “smartphones” is one of the great technology stories of our time. What once was a single-function device now can do almost anything – display video, pay for groceries, monitor our health. The smartphones we carry in our pockets today have more computing power than the “super computers” of yesteryear, and that power has found many uses in a seemingly endless array of “apps.” Some of them are directly related to...
As more security equipment categories become commoditised, a previously rich source of income for integrators and installers – markup – is becoming harder to come by. Less expensive products with little to no perceptible value differentiation leave integrators with few options, not to mention the growth of pricing transparency that comes courtesy of the Internet. We asked this week’s Expert Panel Roundtable: Given the increase in commoditised hardware (i.e., lower profit margin...
The security market in the United States has been in a collective state of exhilaration since ISC West. The (possibly) unprecedented success of the big trade show has left us all feeling optimistic about the year ahead. Members of our Expert Panel Roundtable are joining the chorus of compliments for the show as they answer this week’s question: How successful was ISC West 2016? Did it meet your expectations?
People using computers to surf the Internet is "so 20th century". Today, the big trend involves machines using the Internet to communicate, exchange and analyse data in what has widely become known of as the Internet of Things. Various security devices are among the IoT components, and how devices connect effectively using the Internet – even devices not related to security – will constitute a large part of the future business of security integrators and installers, whether in the re...
With more physical security systems using Internet protocol and being connected to the enterprise IT network, it’s not surprising that the corporate IT department is more involved than ever in the buying decision – for better or worse. Does the IT department bring valuable resources to the table, or are they an impediment to the sales and integration process? It’s not a new issue, but an increasingly important one as the industry changes. We asked this week’s Expert Panel...
The industry is counting down to the big industry trade show this fall, the ASIS International 61st Annual Seminar and Exhibits — ASIS 2015 in Anaheim, California. What topics will dominate the traditionally end user-based show in a year of shifting technologies and new capabilities on the horizon? We asked our Expert Panel Round Table to weigh in.
There’s almost no such thing as a local business anymore. Even the smallest of entrepreneurs find they have immediate access to a global marketplace via the Internet, and larger companies continue to find new ways to maximise their successes throughout the world. We asked our panellists this week to comment on how they see globalisation impacting the physical security market. Their broad-ranging responses emphasis the opportunities and challenges of succeeding the global marketplace.
As we unpack our bags – literally and figuratively - from the recent ISC West in Las Vegas, it seems an appropriate time to reflect on the busy show. Specifically, it’s a good time to consider how the exhibition could be improved to be more valuable for attendees and/or exhibitors. We asked our panellists for their opinions, and we’re also interested in any other post-show commentary – please share in the comments section.
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