Consumer confidence is its highest in a long time, and the unemployment rate is very low. This confidence in the economy is spurring investment in new facilities and expansion of facilities, and that’s driving security industry growth.
Workplace violence issue
Against this backdrop, another factor is on the rise and it’s not good: More violence in the workplace, possibly more than ever before. This is causing a shift in security strategy: the C-suite is increasingly less interested in protecting assets after hours, and more focused on protecting employees during work hours. With a tightening labour market, attracting good employees is a growing challenge and offering them a safe work environment is essential. As organisations build and expand, now is the time to do full-scale security assessments to ensure policies and technology are in place to better protect people during work hours.Today’s companies have more data than they can comprehend
In addition to such security assessments, organisations need to dig deeper into managing their “dark data” to improve processes and mitigate security risks. 3xLOGIC decided five-plus years ago to re-invent ourselves as a Big Data company. We envisioned every one of our products as a data acquisition device, and at the core is a Big Data engine. We’re now a business solutions company that slices and dices huge masses of data.
Practising good data hygiene
Today’s companies have more data than they can comprehend. We are in the midst of a period of massive data collection, and we’ve built a company that creates intelligence from this dark data to better run processes, buildings, and businesses, and that has fuelled our explosive growth. 3xLOGIC’s sales growth over the last six years has resulted in being named a Deloitte Technology Fast 500™ company three years in a row and counting.
Our business proposition is to ask our customers for a relatively small investment that will yield them a large return not in years but in weeks. The key to our success is to drive change economically and bring about massive bottom line contributions. That’s a very winning combination, and we’re very excited about what’s next.