Emerging Security Innovations: Surging Developments and Breakthroughs
Modern advancements in physical security technology have revolutionized the industry. These cutting-edge innovations have significantly reduced threats, minimized security risks, and delivered superior products to customers.
Staying abreast of the latest security technology trends and industry developments is crucial for broadening guard coverage and enhancing the detection and response to security threats.
Artificial Intelligence and the physical security industry
Garnering significant attention, Artificial Intelligence (AI) is predicted to generate a $7 trillion increase in GDP and boost productivity by 1.5 percentage points over 10 years, according to a Goldman Sachs report. Many experts believe AI will have a substantial impact on the security industry. AI has the potential to simulate human intelligence, performing visual perception, speech recognition, decision-making, and language translation tasks.
In the physical security market, the impact of AI-based applications is anticipated to be profound. AI tools can analyze vast amounts of data more rapidly than human counterparts, enabling guards to respond to threats faster. Paired with video feeds, these tools can identify human behavior patterns, potentially detecting a crime before it occurs.
Security monitoring using drones
To improve overall security, contractors worldwide are adopting drones for their benefits like improving safety, driving efficiency, and gathering data. The global drone market is forecasted to grow at a compound annual growth rate of 25%. Drones can capture aerial footage of a site, cover vast areas, secure perimeters, and even automatically identify objects that pose a threat, alerting guards to respond.
Despite the high upfront costs, proponents argue that the long-term benefits of using drones outweigh the costs. A hybrid approach of using drones and actual guards can help provide better services to clients.
Big data via dashboards and other tech reports
For security firms, gathering large amounts of data is an essential part of their job, coming in the form of timekeeping, job costing, scheduling, or billing information. This data offers actionable business insights, helping companies operate more efficiently and make smarter decisions.
Clients find this data highly useful for identifying and achieving business success. They are requesting more information to monitor key performance indicators (KPIs) like the number of security incidents per site, the percentage of false alarms, the percentage of incidents requiring a response, and the average time to incident detection and resolution.
To demonstrate their performance against KPIs, security firms can share visually appealing dashboards and reports generated by sophisticated security software solutions, keeping clients continually informed of the value delivered.
Biometrics in the security technology
To streamline timekeeping and eliminate attendance fraud, biometric technology is increasingly being used among security firms. Biometric time clocks analyze unique biological characteristics like fingerprints, eyes, voice, and facial features to ensure accurate payroll information and enhance security. Best-in-class biometric solutions can be accessed via a smartphone or tablet, simplifying on-site security and reducing manual data entries.
For contracts requiring remote workers, biometrics can minimize manual data entries, reduce human error, improve on-site security, streamline shift changes, and produce more accurate data for payroll. Biometric solutions can seamlessly integrate with payroll or time and attendance software, simplifying the complexity of working with multiple systems.
The future of security technology
Security technology is swiftly evolving, and businesses that want to remain competitive must keep pace with the variety of security trends. Although security technology is advancing at a rapid pace, security incident reporting software, biometrics, and business intelligence solutions are readily available options for commercial security contractors seeking to achieve the same goals as emerging technology trends.
These tools can help the industry better investigate incidents, respond decisively, dramatically reduce time clock fraud, and make more informed business decisions.
Christian BerengerDirector of GrowthTEAM Software by WorkWave.www.teamsoftware.com
- As AI continues to advance, it is predicted to significantly impact various industries, including the security sector, with AI-based tools expected to offer rapid data analysis and improved threat detection, resulting in enhanced business productivity.
- With the integration of technologies such as drones, video analytics, and biometrics into physical security systems, overall security efficiency is improved, providing better safety, faster response times, and streamlined management of security personnel, ultimately benefiting businesses and clients alike.
