Tyco Integrated Fire & Security (IFS), a Tyco company which designs, installs and services fire and electronic security systems, outlined its vision of how security technology will evolve at the 14th ASIS European Security Conference and Exhibition in Frankfurt, Germany on March 29 to 31.
Roland Y Billeter, President Tyco IFS Continental Europe, took part in the CEO panel discussion looking at The Future of Security Technology, providing his view on the effect that the integrated security, Internet of Things (IoT) and biometrics will have on the wider security industry landscape.
Billeter said: “Businesses are looking to integrate their security systems and data, connecting all of their platforms and devices to make processes more streamlined and efficient. The security market specifically in the area of integrated technologies and Physical Security Information Management (PSIM) is growing at close to 20 percent each year, and in order to continue delivering excellent customer service, security companies need to provide more than just products to keep up with evolving technology. In the past, big security companies looked at the market to see what worked and what didn’t. Today, being a follower is no longer good enough. Both customers and security vendors need to work together to drive simple, flexible solutions that focus on solving real-world problems in any environment.”
Tyco says that it’s continuing to expand its IoT capabilities through Tyco ON, software that aggregates and analyses physical sensors with other system data, including business systems. “Today we are setting the ground for the future of connectivity for all devices, technologies and processes,” added Billeter. The firm points to the total economic value-add from IoT across industries as expected to grow from $1.9 trillion to $7.1 trillion worldwide by 2020 based on the “IoT Market Forecast” from International Data Corporation (IDC).
Panellists gave their analysis on the biometrics market, which is still driven by relatively low customer acceptance, the gathering heard. Billeter predicted that unobtrusive and user-friendly technologies will continue to expand, however highly linked to buildings and critical infrastructure.
As IoT matures and technology applications advance, additional challenges around data protection and the vulnerability of customer data are raised. “As security providers, it is our obligation to secure the integrity of security systems and data”, added Billeter. The participants also agreed that the industry needs to continue to work together to uncover new ways to keep this information safe.
The members of the conference panel also included Dirk Bürhaus, Managing Director of Kötter Services and Ruben Wegman, CEO of the Dutch access control product company Nedap Security Management.
