Security Systems News

AUG 2018

Security Systems News is a monthly business newspaper that reaches 25,100 security installers, product distributors, central stations, engineers & architects, and security consultants. Our editorial coverage focuses on breaking news in all major se

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Like all effective security, cybersecurity is about the depth of your defense. It's about appropriately protecting your IP camera network at every level —from the products you choose and the partners you work with to the requirements they, and you, set. We deliver three layers of cyberprotection: Security management—applying the security controls that you need Vulnerability management—taking advantage of best practices, timely response and transparency Learning and collaboration—understanding and mitigating your risks Learn more about our layers of protection at www.axis.com/cybersecurity Protect your IP camera network at every level . Like all effective security It's about appropriately protecting your IP camera network at every level —from the products you choose and the partners you work with to the requirements they Security management Vulnerability management Prote net ESX 2018 attention. "The frontline changes the bot- tom line," said Stratton. "From 30,000 feet up you can't see the cracks on the ground." Following the keynote, and the expo hall ribbon cutting, the winner of the ESX 2018 TECHVISION Challenge Best-of-Show competition was announced. DMP's Virtual Keypad and Dealer Admin took home the top prize. In addition to the Innovation Awards, attendees honored the recipient of ESA's 2017 Morris F. Weinstock Person of the Year Award, Tom Donaldson, during the Opening Celebration. And The Monitoring Association's 2018 Excellence Awards were also announced and congratulated, includ- ing: Patricia Fody, Vector Security, Opera- tor of the Year; Carmelo Mosca, Affiliated Monitoring, Manager of the Year; and Beth Bailey, ADT LLC, Support Person of the Year. Affiliated Monitoring took home the association's coveted Monitoring Center of the Year award. Thursday, June 21 I had the good fortune to start my day moderating a session—"Top 5 Disruptive Technologies Impacting The Commercial Market"—featuring a stellar panel of Steve Butkovich, chief technology officer, CPI Security and Rodger Reiswig, VP, Industry Relations, Johnson Controls Inc., who really played well off each other, presenting their p e r s p e c t i v e a n d expertise on each of the five disruptive technologies we decided were most impactful today. The Top 5 Dis- ruptive Technolo- gies Impacting The Commercial Market that we collectively decided on are: 1. Cloud-based Solutions 2. Cybersecurity (IoT, Adaptive Risk, etc.) 3 . M o b i l e / 5 G Connectivity 4. AI/Machine Learning 5. Biometric Iden- tity Solutions I also sat in on highly informative session, "Industry Out- look - What You Need to Know," featuring Jeff Kessler, managing director, Institutional Research, Imperial Capital and Blake Kozak, principal analyst, Smart Home and Security Technology, IHS Markit. Kozak presented first looking at IHS research on the total equipment market (by technology type) for 2017, pointing out that IHS estimated the total security market in 2017 is worth about $31 billion. By 2021, Kozak said the market is estimated to reach $42 billion globally. Not surprisingly, video surveillance equipment was the leading technology at more than $18 billion. What was sur- prising is how much video surveillance dwarfed others on the list, including access control as the next closest at $4 billion, followed by entrance control, intruder alarms, enterprise storage, c o n s u m e r v i d e o surveillance and mobile video and body worn camer- as. The two fastest growing areas over the next five years will be enterprise storage and consumer video, like Nest, Kosak said. Kozak also presented a global forecast for the electronic access control equipment market that showed a CAGR of 6.2 percent from 2016-2021. The global market was worth $4 billion in 2017 and will grow to over $5 billion by 2021. Of this amount the U.S. represents about $1.2 billion or about 33-35 percent. The U.S. market will not decline. Kozak also got into cybersecurity, noting that recent data suggests that more than 420 million companies were hacked, including data breaches, in 2011, which increased to 4 billion breaches in 2016, "more than a 200 percent increase in a short time," he pointed out. Kessler looked at monitoring trends and how they are affecting the residential and commercial markets and the convergence of physical and logical security. Kessler presented some interesting find- ings from a recent survey that Imperial did with 400 police agencies looking at "who gets the first response from a verified call" when given a choice between a profession- ally monitored security system versus a self monitored DIY system. Interestingly, 331 out of 400 agencies said they give priority to professionally monitored systems over a DIY system, which Kessler astutely pointed out is good news for monitoring companies as it shows the value of professional moni- toring today. Friday, June 22 Started the last day of ESX sitting in on an excellent session, "Smart Home Market Becoming a Brilliant Opportunity?" featur- ing Dina Abdelrazik, research analyst, Parks Associates; Bruce Mungiguerra, senior vice president of sales & business development, Nortek Security & Control; Thomas Naka- tani, IT VP - customer monitoring technolo- gy a product, ADT Security; and Shuvankar Roy, vice president, Xfinity Home Comcast. Abdelrazik started the session by giving Continued from page 5 Continued on next page Scott Stratten, president of UnMarketing, presented on what compels customers to share positive stories. www.securitysystemsnews.com A U g UST 2018 SECURITY SYSTEMS NEWS NEWS 6

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