Security Systems News

SEP 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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Page 15 of 35

ACaaS, mobile access adoption growing Rick Rector, PUBLISHER Brook Taliaferro, EDITORIAL DIRECTOR Paul Ragusa, EDITOR Spencer Ives, MANAGING EDITOR Peter Macijauskas, E-MEDIA MANAGER SEND PRESS RELEASES TO: EDITORIAL OFFICE Tel: 207-846-0600 ADVERTISING OFFICE Security Systems News 106 Lafayette St., PO Box 998 Yarmouth, ME 04096 Tel: 207-846-0600 NEW ENGLAND STATES AND EASTERN CANADA Rick Rector, President & PUBLISHER Tel: 207-846-0600, Ext. 267 MIDWEST AND EASTERN STATES Brad Durost, REGIONAL SALES MANAGER 207-846-0600, Ext. 274 WESTERN STATES AND WESTERN CANADA Rob Akert, REGIONAL SALES DIRECTOR Tel: 623-376-9513 MARKETPLACE SALES Cath Daggett Tel: 207-846-0600, Ext. 300 Lise Dubois, PRODUCTION DIRECTOR SUBSCRIPTION INFORMATION Security Systems News PO Box 1888 Cedar Rapids, IA 52406-1888 800-553-8878 Publishers of specialized business publications CEO PRESIDENT J.G. Taliaferro Jr. Rick Rector For custom reprints or digital reuse, please contact our reprint partner, The YGS Group, by calling 717-505-9701, Ext. 100, or by visiting end users opt for fully managed solu- tions. Providers of managed solutions would benefi t from the ability to issue and decommission credentials remotely, allowing them to lower management costs. • Both mobile access and ACaaS are typically sold via subscription, or using recurring fee-based pricing models. Adding m o b i l e c re d e n - tials to an ACaaS contract would not be an issue for an integrator, and as mobile access becomes more popular in the tra- ditional access control market, end users and installers are likely to become more familiar with the recurring-fee pricing model, which should generate additional interest in ACaaS. • Like ACaaS solutions, the majority of access control solutions are cloud-based. As both become more popular, end users are likely to become more comfortable deploying cloud-based security solutions. • ACaaS is increasing the penetration of access control systems in buildings, and many end users are owners of small and medium-sized businesses who have never owned an access control system before. This situation poses an excellent opportunity for mobile access, as provid- ers can ensure that mobile-capable read- ers are installed from the outset. In terms of overall adoption, Dearing said that, so far, early adopters of each solution are based in different industries. "Mobile access has seen its strongest adoption in the education and hospitality sectors, while ACaaS is gaining traction with small and medium-sized businesses and the property management segment," he explained. "Due to the large number of smaller projects, a signifi cant portion of ACaaS e n d u s e r s v a l u e a ff o rd a b i l i t y o v e r advanced feature sets and functionality. ACaaS providers may struggle to con- vince end users to install readers that are mobile-capable but also more expensive." Despite both solutions typically being billed on a monthly or annual basis, the pricing models vary slightly, Dearing said. "ACaaS solutions are priced according to the number of doors, while mobile access is priced according to the num- ber of credentials or users," he noted. "Creating an intuitive but optimal pricing model for the combined solution could prove tricky for suppliers. If both original metrics are kept, suppliers are likely to encounter diffi culty as end users scale their solutions." Overall, IHS Markit said the two fast- est-growing segments of the electronic access control market—ACaaS and mobile access—will continue to increase adoption moving forward. A CCESS-CONTROL-AS-A-SERVICE (ACAAS) market revenues will increase to $950 million by 2022, and global mobile credential downloads are forecast to increase at a compound annual growth rate (CAGR) exceeding 100 percent from 2017 to 2022, according to recent findings from IHS Markit. The London-based re s e a rc h f i r m f o u n d that small and medi- um-sized businesses are the leading adopt- ers of ACaaS solutions, accounting for 21 percent of market rev- enues in 2017. In addition, 20 percent of the current installed base of access control readers will be mobile capable by 2022. "Demand for ACaaS has grown rapidly over the past fi ve years, and this growth is expected to continue," Jim Dear- ing, senior analyst, security and build- ing technology, IHS Markit, said in the a n n o u n c e m e n t of the findings. "While there have b e e n r e l a t i v e l y few attempts to c o m b i n e A C a a S s o l u t i o n s w i t h m o b i l e a c c e s s , d e s p i t e t h e i r apparent synergies, this type of integra- tion will become more common over the next fi ve years." Dearing pointed to following key ben- efits of integrating ACaaS and mobile access: • A significant segment of ACaaS Paul Ragusa "Demand for ACaaS has grown rapidly over the past fi ve years, and this growth is expected to continue." —Jim Dearing, IHS Markit Intelligent Solutions for a Safer World Learn more at Education Retail Banking Residential Transportation Mobile security is about more than just monitoring individual vehicles. A full solution helps you monitor the security, location and status of your fleet and its drivers on the go, all while utilizing advanced management features from your main static location. #IntelligentSolutionsForYou Intelligent Solutions for: Mobile Emergency Viewing Panic button triggers live feed for remote operators Rugged Housing Cameras are protected in harsh conditions Know when your drivers are off course Know when your Fleet Management 4MP IR Rugged Exterior Network Camera DH-IPC-MBW4431N SECURITY SYSTEMS NEWS SEPTEMBER 2018 EDITORIAL 12

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