Security

Contract Security Services or ‘Security as a Service’?

Buyers of Access Control and Video Surveillance Services now have the choice of using Contract Security Service companies or the new breed of ACaaS & VSaaS suppliers now coming from the physical security manufacturing business, with many looking to sell direct to the end user. Both are delivering sophisticated services that are reducing the total cost of ownership and at a time, when the pandemic has ravaged many of the buyers finances, allowing them to pay for the service on a RMR basis. The Contract Security Service business has been operating over 40 years and is now dominated by a few major international companies and hundreds of small local operators. Most have been born out of the man guarding business and offer comprehensive management services including security, energy management, lighting control etc. Today they take a major share of this service business. They buy, install and operate some or all of the high tech services […]

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