Security

COVID19 will Condense Years of Behavioral Change & Technology Disruption

Within the last six months across the developed world, the tectronic plates of business have shifted fast. Caused in large part by the need to overcome the COVID19 pandemic through changes in people behavior. The world has entered into uncharted waters and a deep recession. The good news is that these changes have given the Physical Security business some new growth opportunities. Lifting lockdown in itself won’t fully restore the economy and even if a vaccine was produced quickly, behaviors like online shopping and remote working are here to stay. The majority of OECD countries are now open for business but consumers are still staying at home. Whilst GDP is now returning to growth we are a long way from economic recovery. The Physical Security business has not suffered as severly as many others, partly because its products and services have been able to contribute to controlling the pandemic in buildings and the growing demand […]

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