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 for just $180 USD per year per user ( just $15 USD per month) for Access to Quality Independent Smart Building Analysis!

What Exactly Do you Get?

  • Read every article published in full and get unlimited access to our archive of over 1,400 articles.
  • 10% discount on ALL Memoori Research reports for Subscribers! So if you only buy ONE report you will get your subscription fee back!
  • Industry-leading Analysis Every Week, Direct to your Inbox.
  • AND Cancel at any time
Subscribe Now

Most Popular Articles

Physical Security Trade War Video Surveillance Access Control

US-China Trade War Continues To Polarize the Physical Security Market

The Physical Security industry has found itself on the frontline of the US-China trade ‘war’ and its involvement could have significant implications for its future and the future of the wider smart buildings and cities technology markets. “In recent years US-China geopolitical tensions within the physical security industry have escalated,” reports our latest security research. […]

Complimentary Article Physical Security Video Surveillance

Global Physical Security Market Resilient in the Face of Challenging Trade Conditions

Our new research report shows that the global market for physical security products (Access Control, Video Surveillance, Intruder Alarm & Perimeter Protection) has demonstrated both resilience and adaptability in the face of growing geopolitical tensions and looming economic recession. Trade tensions between China and the US have seen a series of legislative moves that have […]

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

    1. Please enter a valid email

    2. Please enter your name

      Please enter company name

    3. By signing up you agree to our privacy policy