Genetec State of the Industry Report

Genetec, a technology provider of unified security, public safety, operations, and business intelligence solutions, today shared the results of its state of the industry report. Based on insights from over 2,000 physical security leaders from around the world, the report looks at how the role of physical security continued to evolve in 2021 as organisations adapted to changing conditions.

The changing role of physical security

Physical security continues to evolve from being seen as a tool for mitigating risk, to playing a much more significant role in organisations’ digital transformation.

The survey showed that more than two-thirds (69%) of respondents described physical security and related data as “mission-critical”. Larger organisations in particular are increasingly seeing value in the data gathered by their physical security systems with over 46% saying they use their security systems as a way to “improve overall business efficiency, productivity and asset optimisation”.

Several survey respondents commented that they intended to invest in data management solutions to advance or improve the functionality of their physical security environment in the coming 12 months. The survey revealed that an increasing percentage of organisations (36%) are investing in unified solutions to enable the ease of maintenance, visibility, and data collection across all their systems to improve functionality and operations. This compares to 31% in the 2020 survey. Over half of all respondents (51%) also said they had invested in video analytics to improve the functionality of existing deployments and digitally transform their business processes.

“Before the pandemic, physical security’s role in business intelligence and operations was already growing, but over the last two years, it has proven to be a strategic asset in coping with a variety of challenges,” said Pervez R. Siddiqui Vice President, Offerings and Transformation at Genetec. “As we emerge from the pandemic, organisations will contend with three undercurrents; changes in the physical dimension of work as workspaces evolve into hubs for collaboration and cohesion, workflow automation of the mundane in a bid to drive productivity and retention, and board-level interest in achieving operational resilience through integrated risk management.”

With the pandemic forcing restricted access to physical sites, cloud-based solutions that enable organisations to remotely monitor video, control cameras, assess system health, perform maintenance, and update firmware/software have become invaluable.

The survey showed that 45% of larger organisations (with over 1,000 employees) have already adopted cloud solutions which is a significant increase compared to 2020 when only 26% of respondents said they had begun their cloud journey. A massive 94% of respondents said they have plans to deploy cloud or hybrid cloud solutions in the long term.

To read more exclusive features and latest news please see our February issue here.

Media contact

Rebecca Morpeth Spayne,
Editor, Security Portfolio
Tel: +44 (0) 1622 823 922
Email: editor@securitybuyer.com

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