Security

PSIM Software Evolving into Situation Management and Command & Control Platforms

This article was written by Daphne Tomlinson of Tomlinson Business Research. PSIM, or Physical Security Information Management, is a category of software, created by middleware developers, which is designed to integrate multiple unconnected security applications and devices and control them through one comprehensive user interface. These solutions aimed at large facilities have been deployed to help secure a broad range of organizations, such as banks, utility companies, airports, transportation systems, major public buildings and the sites of Fortune 500 companies. Memoori’s 2014 Annual Report on the Physical Security Business estimates that PSIM sales were approximately $200m in 2014 and growing at around 20% per annum. It is therefore a relatively small market with high initial cost that is limiting its growth. Disruptive trends such as cloud computing, cybersecurity and the Internet of Things are driving profound IT changes across all industries, including the enterprise security market, creating opportunities and challenges for PSIM players. While the […]

Stay ahead of the pack

with the latest independent smart building research and thought leadership.

Have an account? Login

Subscribe Now from just $400 per year per user for Access to Quality Independent Smart Building Research & Analysis!

What Exactly Do you Get?

  • Access to Website Articles and Notes. Unlimited Access to the Library of over 2000 Articles Spanning 10 Years.
  • 10% discount on ALL Memoori Research reports for Subscribers!
  • Industry-leading Analysis Every Week, Direct to your Inbox.
  • AND Cancel at any time
Subscribe Now

Most Popular Articles

Honeywell
Smart Buildings

Honeywell’s 2026 Automation Spin-Off: Brilliant Strategy or Risky Complex Move?

This Research Note examines Honeywell’s Automation & Control Solutions (ACS) businesses from 10 years ago, and highlights its evolution and major organizational changes since then, resulting in the forthcoming spin-off into an Automation public company.  We compare and assess the new organization, review its success factors and ongoing challenges, before providing our view on the […]

Neeve Smart Buildings 2025
Smart Buildings

Neeve’s Edge-Cloud Platform: Key Metrics & Growth 2025

This Research Note examines Neeve, the US startup offering an edge-cloud platform designed to enhance smart building operations by integrating operational technology (OT) systems into secure, connected environments. We highlight its founding as IoTium, before exploring its current offering, deployments, funding and partners, concluding with our view of the business. Neeve Profile Founded in 2015 […]

Subscribe to the Newsletter & get all our Articles & Research Delivered Straight to your Inbox.