By Leonard Kiage – Senior Operations Manager; Optimum Group Partnerships.
The threat terrain is changing. Digital revolution has changed the world in a horde of positive ways—but it has created new threats.
“Traditional security risk management and threat detection are quickly becoming obsolete. Security leaders who do not embrace a digital mindset risk becoming business irrelevant.”
Recent developments in artificial intelligence and signals processing can help security catch up. Failure to transform will increase the possibility of becoming a target. The two leading challenges facing physical security operations today is “reactive threat management” and “intuition-led decision-making based on subjectivity”. The security industry is facing a huge digital disruption, and to be successful, it needs to embrace digital transformation.
Organizations are complex ecosystems. When people, processes and technologies are connected and working together across an organization, it improves business performance. Digital transformation of physical security is still in its infancy compared to other industries. This threatens organizations’ high-value assets—both employee life safety and intellectual property—and can result in missed opportunities to significantly raise the organization’s bottom line.
RETURN ON INVESTMENT – (ROI)
Traditional measures of investment success, such as return on investment (ROI), highlight the direct benefits of digital transformation. New physical security models deliver faster response times at a lower cost, better security asset utilization.
Leveraging technology to generate greater intelligence, physical security will also be able to do more with less, improving operating efficiency and reducing operating and capital expenses by up to 30-50%.
To generate further value, organizations could take their solutions to market in a “security-as-a-service” model to help the industry as a whole achieve widespread transformation.
“Digital transformation is a new opportunity to provide clarity and solutions to problems in security”.