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3 Enterprise Security Trends to Watch in 2019
Vidsys CEO and Founder James Chong lays out three factors he views as prevalent in helping drive converged security operations in the months ahead.
February 18, 2019 James Chong Jump to Comments
3 Enterprise Security Trends to Watch in 2019
In a world that’s becoming more technologically advanced and connected, it’s important to adopt an agile, forward-thinking approach to security. While enterprises have taken a more serious approach to security in the past few years, this outlook will become even more important in 2019.
Here are three trends we predict will define the security industry as we forge into the new year:
1) Converged Security
As organizations, cities and agencies embrace the rapid pace of data and IP protection being tied to both physical security such as doors, cameras and locks and IT systems, “converged” will surely be a popular word in the world of enterprise security.
Organizations are now converging where the chief information officer (CIO) and chief security officer (CSO) are either being combined into a single role, or are finally working together under a single umbrella where both the IT security and the physical security functions come together.
With the unfortunate increase in emergencies that cities and organizations had to deal with in 2018, it’s vital going forward that actionable information is extracted and presented from collected data so that any situation can be mitigated as soon as possible.
2019 Security Industry Forecast: Insights From HID Global Executive
Related: 2019 Security Industry Forecast: Insights From HID Global Executive
In 2019, we can expect to see more converged security operations centers popping up to meet this need.
Last year also saw market players begin to recognize the importance of merging physical and cyber systems. As the converged security and information management (CSIM) market evolves, single, risk-driven platforms offer an increasing level of security convergence. In 2018, notable industry events, such as IFSEC, began highlighting CSIM solutions.
As the industry continues to recognize the value of CSIM, it also begins to affirm the intrinsic value of enterprise software. Effective security software makes data smarter and easier to understand. This makes cybersecurity systems easier to navigate and manage.
Most companies now realize that good enterprise solutions rely on great software. Converged security is an intelligent solution that cross-pollinates IT and physical security. This creates a complete, “360-degree” security system that is well worth the investment.
2) Artificial Intelligence
As part of IoT acceleration and adoption, the use of artificial intelligence (AI) and other forms of analytics will become much more broadly adopted for use cases across multiple verticals. As the total volume of data continues to grow, AI and analytics will play a key role in an organization’s operations.
Effective use of data can fuel organizational growth, operational efficiency and automation. While AI was difficult to configure and use in the past, it has become easier to deploy, support and upgrade. In 2019, security related AI will be more accessible than ever, thanks to increased knowledge, education and training.
3) Increased Mobility
Take Physical-Logical Security Assessment Survey and Win an Amazon Gift Card
Related: Take Physical-Logical Security Assessment Survey and Win an Amazon Gift Card
As mobility becomes more accessible and scalable, we can expect to feel more connected than ever, especially in the workplace. In 2019, the user will call the shots —creating and molding their own, unique, user experiences.
Users want access to both business and personal functionality on mobile devices. Increased mobility for these functions will be a major trend in 2019. In recent years, business-to-consumer (B2C) enterprises have worked toward crossing this chasm.
This year, there will be more adoption of mobility for business-to-business (B2B) and other business uses across all markets. This is largely due to greater recognition of the need for converged security.
enterprise James Chong is CEO and Founder of Vienna, Va.-based Vidsys, a provider of situation management software solutions.
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Tagged with: Artificial Intelligence Internet of Things Cybersecurity Emerging Technologies News Systems Integration
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https://www.securitysales.com/news/report_video_surveillance_market_to_reach_42b_by_2019/ Read how survillance wil grow in 2019.
I suggest you read the following;
The private security industry is growing at a rapid pace. This is good news to some because they are an important part of American safety.
Their work has evolved from the old days of standing guard and night. Not only do they protect companies, institutions, and people, but also information and intellectual property that might be stolen.
With a growing reliance on digital technology comes an increasing threat of hackers. This has helped spur growth in IT-related positions in the security industry.
The need to protect individuals and property has always existed, but has become more relevant as the threat level in the country continues to climb.
Private security workers also perform a lot of work behind the scenes. Potential employees might need to go through background checks, which are handled by private investigators.
They may also council companies on proper security protocols for their digital infrastructure.
Growth Since 2010
The private security industry began seeing a huge increase in popularity in 2010. Since then, the industry has continued to grow exponentially with each passing year.
The U.S. security industry has already grown to be a 350 billion dollar market with 282 billion dollars being spent in the private sector alone and another 69 billion dollars being spent by the federal government.
More than 200 billion of the 282 being spent in the private sector is heading to non-IT sources. More than 80 billion is being spent on IT-related sources of security.
Both of these numbers are estimated to increase continuously throughout the end of the decade.
There are already more than 2 million full time workers in the U.S. Security industry. A large portion of those security workers are investigators and private detectives.
These are also the workers seeing the largest amount of growth. It is believed the number of investigators and private detectives will increase by at least twenty one percent before the end of the decade.
Why The Growth?
It is believed that an increasingly threatening environment is responsible for much of the growth. Threats from foreign and domestic sources are leading to more spending in the security industry.
This has also resulted in serious advancements in technology in operational and IT private security sectors.
Another reason for so much growth in the private sector is the steady change of how criminal activity is investigated and pursued.
More emphasis is being placed on developing preventative measures rather than the more traditional approach of pursuing existing criminals.
This places a larger reliance on technology, which results in a growth in the IT-related security sector.
It is also partially responsible for the large growth regarding investigators and private detectives.
These security workers are being employed by more companies than ever before to help perform background checks and perform important investigations that may prevent criminal activity from occurring.
Where did you get that information. Further that is why Security Companies are selling where did you find this.
Money via contracts will build this up that is the only chance other then merger. But now is a bad time to sell because we are close to the merger. Just wish we would hear of contracts, maybe a sky scraper or Grumma contracts.
I invested in a company they had a reverse split they were in the Bio oil field. I sold the stock within a month or so it went up 10 times. Hard to predict but reverse split is not always bad. I think the split will happen after the merger and the up listing to Nasdaq. Just my opinion.
Your right there is no other way to interpret it.
Why do you think we do not hear about cotracts ?
So much has been made of the merger I believe everyone is waiting for that. Then contracts will be revealed.
Lets see some money come in from contracts. Then if its a big contract this stock will go higher. Also the merger with the revenue behind it should make it go up high.
it also tells us this stock is going to rise in price. He may know now he will make more then 2 million with equity.
I agree and selling products online is just as important as a merger But yes I think this company could easily be sold once the merger takes place or even without one.
Very Good news great marketing plan
Either way we know its coming to fruition. This company has made great strides but without the Merger will never make it. Why the competition is too great and they do not have the manpower to take advantage of the opportunities.
Glad your back SirDaniel1.
Long and strong as I said March or April hopefully sooner but a merger is a serious thing that takes due diligence. Dirv needs a merger to compete on a national scale. Too much competition even though Dirv does a great job. Feed the Weed thanks for the posts. I hoping a little update tomorrow.
Your correct Mergers take time maybe we will see a little update Friday. Thanks for your post.
Not surprised news would is lacking lets see what next week brings still a believer and feel this is a good stock that could be a great one.
Should bounce back up lack of news is causing sales to go downward.
I do not have Dun and Brad-street or other Business Journals where I can check and see if the information is current. I hope this helps. Finally they have a division in New Jersey.
AES does not have 100 employees nor does it have revenues of 45 million.
Advanced Electronics Solutions Inc
Advanced Electronics Solutions Inc
Update Company Profile
Location:
15-03 132nd St., College Point, New York, 11356, United States View Map
Revenue:
$12.4 Million
Employees:
62
Industries:
Network Security Hardware & Software, Co... Show More
Codes:
SIC Codes: 357, 35 , NAICS Codes: 33
Phone:
(718) 461-2600
Fax:
(718) 461-4060
Website:
www.nyaes.com
Description:
Advanced Electronic Solutions (AES) is a turnkey provider of integrated security and fire safety systems. We are one of the NY Metropolitan area's largest priva...
Read M
nyaes.com is either in brooklyn or queens. Thanks for the post.
I believe it is the following company Sirdaniel1 found. http://www.nyaes.com/
Sirdaniel found it look at his posts I believe it was AES however when I looked at I noticed they are in Canada. Clearly this would be a good fit for a production merger. It is either the company or one very close to its structure and product sale.
Thank you but Sirdaniel found AES however, looking at the company I noticed they do work in Canada clearly that fits our MJ part of the business lets see Thank you for the posts.
Fivexshot a heartfelt thanks for welcoming aboard.
O my God this is really unbelievable we have the microsoft of security I am in shock
Will see said the blind man we see. Thanks for your post
Any bets on what we hear next week
I wants owned Esph. They are clean water for fracking etc. When there was a spill in the Gulf of Mexico they tried but did not get contract from Exxon. They never did go anywhere after that. This is a monumental moment for this company. if it succeeds the sky is the limit.
If the merger does not go thru this company will go no where. End of statement
KingmanAZ once again thank you for your post we are all giving our view.
I disagree I have seen this go up and down for a while. Plus day trading penny stocks because of there high risk is quite normal. However, I have never seen a penny stock that has such potential with the Merger. After the Merger this will become a company to contend with. Just my view. And yes it could easily go to a dollar or more.
Roger said the first half of the year would be good and remember Mergers take time. However if you are a day trader it is like light years so I understand what you are saying.
This is a day traders stock. However,the Merger takes time, maybe March or April.
Are you invested?
Could be it is used the oil industry.
Have a great time.
Little shocked there is no news
Once again lets hear about contracts or new deals.