The survey shows that Physical Security Information Management market momentum is increasing |
VidSys, the leading provider of Physical Security Information Management (PSIM) software that allows organisations to resolve business and security situations in real time, is previewing findings from its second annual Safety and Security Survey at the ASIS International 57th Annual Summit.
The survey of senior level IT and physical security professionals from both public and private organisations reveals that, like last year, a majority of organisations have complex safety and security environments and name insufficient budget as the biggest organisational and technological obstacle. The survey also shows that while there is increasing PSIM market momentum and a more strategic view of risk management within organisations, movement along the security and technology maturity continuum has been slow over the past 12 months.
Highlights from the Research
Organisations continue to face complex safety and security environments:
Complex safety and security environments with multiple technologies from numerous vendors continue to be the norm across public and private organisations.
90 percent of organisations are using security systems and devices from two or more different manufacturers. The percent of organisations with technology from at least 20 different manufacturers doubled since last year (from 6 to 12 percent).
Once again, the majority of respondents said that they manage security through multiple, distributed locations as well as coordinate security responses with other agencies.
The PSIM market is experiencing growing momentum:
In the past year, the PSIM market has experienced growing momentum, with increasing numbers of public and private organisations seeking the technology that enables them to correlate data across their security ecosystems in order to more effectively manage situations, as supported by this survey.
- 73 percent state that having technology that can sort through a vast stream of device data as well as IT security systems to identify and prioritise situations in real time is very important.
- 69 percent say the ability to instantly place instructions, information and tools in the hands of first responders is important.
- The need to create a common operating picture across all security systems and desire to reduce operational costs are the biggest drivers of security plans in the next 12 - 18 months.
- The number of organisations looking to invest in PSIM technology in the next 12 - 18 months has grown 131 percent compared to last year.
Risk management is moving away from simply crisis management:
Organisations are increasingly viewing risk management as an enterprise-wide initiative designed to help organisations proactively assess, prioritise and manage their risks, versus simply crisis management.
- Only 13 percent view risk management as crisis management.
- Both public (65 percent) and private (73 percent) organisations say the ability to have a proactive risk-focused approach that ensures greater overall safety and security with a holistic view is important.
- 40 percent of respondents believe that risk management is a higher priority today than it was 12 - 18 months ago.
Movement along the security and technology maturity continuum has been slow:
The security environments of public and private organisations have continued to progress over time to respond to emerging threats and take advantage of new technologies, beginning on one end with a single vendor environment and ending on the other with an ecosystem that provides one complete view of situations across multiple organisations. While there is movement along the continuum, as defined in the First Annual Safety and Security Survey, it has been slow over the past 12 months.
- 65 percent responded that their security environments will continue to manage systems individually in the next 12-18 months.
"The growing PSIM momentum and increasingly proactive risk management practices revealed in this year's survey support what we're seeing in the market today, with increasing numbers of organisations and cities seeking ways to more effectively understand their risks, which in turn drives their safety and security practices," said Chuck Teubner, CEO of VidSys. "Being able to identify situations that put an organisation at risk in real time is critical to ensuring the best response, and PSIM technology enables this to happen. We are confident that the PSIM market will continue to flourish as public and private organisations strive to identify more ways to reduce risk."