The emergence of cloud, artificial intelligence (AI), and the internet of things (IoT) has established the use of physical security in driving business intelligence.
FREMONT, CA – Cloud computing technology is revolutionizing the world of information technology (IT). The software-as-a-service (SaaS) is empowering organizations with scaling tools to manage their technology usage. The success of cloud computing is also driving customer demand for similar technologies.
A prominent cloud-based tool accessible across the sectors is the video surveillance-as-a-service (VSaaS), which offers new opportunities for physical security installers and integrators. However, the rapid proliferation of cloud, artificial intelligence (AI), and the internet of things (IoT) has established the use of physical security in driving business intelligence.
Organizations have often experienced complications when adopting new software and hardware, especially from the accounting perspective. It not only requires significant investments but also leaves the financial management scrambling to manage the cash flow. The high stakes for physical security, including access control devices and IP video cameras, often leave little room to incorporate upgrades, software patches, and maintenance. As a result, organizations often neglect the security side of the integrations to control costs. However, the emergence of cloud had revolutionized the entire process.
The service models facilitated by the cloud have transformed the budgeting world. It has enabled the organizations to avail the services monthly. Also, it has facilitated regular maintenance, firmware upgrades, and so on to strengthen security. As a result, the integrators are adopting new business models, which not only reduce the ownership costs of the cloud platforms but also offer enhanced pricing models to increase revenue.
The adoption of VSaaS is being held back by several cybersecurity concerns. As a result, the physical security industry hesitates to incorporate cloud features. However, many organizations are adopting the technology for its intelligence and operational benefits, despite the uneasiness in the market.
The organizations will inevitably face challenges when integrating new cloud models, at least until the channel adapts to the new revenue models, licenses, and subscription processes. However, it will not take long for organizations to witness the benefits of security models. Investments in physical security can significantly impact the costs of the organizations; costs which can be avoided by adopting analytical models to analyze the risks and take appropriate security measures based on the potential threats.