The security environment is unsettling and continues to require focus and continuing vigilance to increase security measures. Sensors in active technology systems play an important role in situational awareness, which helps in identifying and responding to emergency situations.
As of October 2015, there were 45 school shootings in the United States. There continues to be grave concern about potential “lone wolf”-type events for individuals and businesses. Situational awareness and emergency response preparedness are now more important than ever.
In 2015, corporate budgets encountered flat to moderate increases. The overall slow economy has had an adverse impact on security expenditures.
Looking ahead to 2016, customers continue to look for innovative solutions to fill holes in their security infrastructure. The market will be driven by companies that can innovate and deliver compelling new solutions.
Security systems using advanced sensor technology
You will begin to see active technology systems designed to protect employees and valuable assets. Sensor systems are increasing in sensitivity and capability, which means improvements in analytics and accuracy along with making more applications possible at a reduced cost.
There will be strong growth utilising the “Internet of Things” (IoT). The use of advanced sensor technology will continue to expand applications that will be deployed as part of security solutions.
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| Customers are looking for innovative solutions to fill holes in their security infrastructure, to protect employees and valuable assets |
The use of cloud computing will continue to gain acceptance with corporate enterprises, government, education and utilities. New sensor integration between camera and access control systems will continue to mature.
OffSite Vision’s 2016 forecast
At OffSite Vision Holdings Inc., we continued to expand our product line in 2015. We have focused on providing real-time information to security personnel and first responders to help them identify, respond and mitigate emergency situations. Our product suite now includes: EmergenZ™ Evacuation and Roll Call, Asset Secure, Response and Outdoor Secure. We have secured anchor customers in our key market segments.
OffSite Vision Holdings expects significant growth in 2016 through our partners in utilities, pharmaceutical, federal and state government and educational institutions.
We bring technological security solutions to our customers to solve specific problems and concerns at price points not available in the past, which will create a high growth opportunity for our investors, partners and vendors.
See the full coverage of 2015/2016 Review and Forecast articles here
