Security

Disruptive Technologies and Economic Tsunamis Fail to hold back the Security Industry as it Reconfigures its Modus Operandi

Memoori’s 2012 Survey of the Physical Security Industry to be published in October shows that in the last 6 years, despite disruptive technologies and economic tsunamis, it has become a stronger more resilient and profitable business. Whilst there has been a natural demand for security because of the need to counter the increased threat from terrorism, crime and theft this is not the only driver. The industry has questioned its operating methods and reformed in order to develop new security products and systems which satisfy the end users need to reduce operating costs and move security from a cost centre to one that delivers a return on investment. As a result the industry has been able to attract new investment; much from external sources such as the ITC industry. Consolidation and partnership in the middle and smaller tier company sector has strengthened the industries capability and capacity to incorporate and maximise the value of emerging […]

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