{"id":396314,"date":"2020-12-09T08:23:19","date_gmt":"2020-12-09T13:23:19","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=396314"},"modified":"2020-12-09T08:23:19","modified_gmt":"2020-12-09T13:23:19","slug":"genetec-shares-results-of-survey-on-the-state-of-the-physical-security-industry-during-pandemic","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/genetec-shares-results-of-survey-on-the-state-of-the-physical-security-industry-during-pandemic\/","title":{"rendered":"Genetec shares results of survey on the state of the physical security industry during pandemic"},"content":{"rendered":"

\nInsights from over 1,000 physical security leaders show adaptability in a time of crisis but a near-term view of technology and cybersecurity
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MONTREAL, QC, CANADA, Dec. 09, 2020 (GLOBE NEWSWIRE) — Genetec Inc.<\/a> (\u201cGenetec\u201d), a leading technology provider of unified security, public safety, operations, and business intelligence solutions, today shared the results of a state of the industry report<\/a> based on insights from over 1,000 physical security leaders. The report looks at how the physical security industry is reacting to the threat of COVID-19, how security professionals are coping, and how day-to-day operations and plans are affected for the coming year.<\/p>\n

\n Physical security industry challenges and priorities – in and out of the pandemic<\/b>\n <\/p>\n

Not surprisingly, the survey reveals that COVID-19 has led to a focus on security efforts to ensure the safety of people and facilities. For the majority of security professionals, the top three challenges during the pandemic are: managing employee\/visitor safety; dealing with physical security threats (e.g. vandalism, theft, break-ins, etc.); and the remote management and securing of buildings.<\/p>\n

However, while the pandemic has brought on numerous new challenges, the vast majority of organizations have had to face them creatively. The survey showed that 68% of respondents reported project delays\/downsizing or cancellations this year; however looking into 2021 48% expect budgets to stay flat or increase with a focus on ongoing investment in existing systems and deployment of tools to support ongoing response to the pandemic.\u00a0<\/p>\n

With pressing new requirements and more limited resources, physical security organizations are stressed but finding ways to pivot to address extraordinary circumstances. Using resourcefulness and creativity, many security professionals (48%) are looking to existing systems to help them face these new challenges.<\/p>\n

\u201cThe security industry excels at planning for the unexpected, and while the pandemic took the world by surprise, our industry has shown extraordinary resilience and resourcefulness. We have seen so many of our customers and partners quickly adapt to the new needs and challenges posed by the situation. They\u2019ve been able to repurpose and adapt their existing security infrastructure to meet some of the new challenges created by the pandemic,\u201d said Pervez Siddiqui, Vice President of Business Development at Genetec, Inc.<\/p>\n

\n Physical security is behind in cloud adoption<\/b>\n <\/p>\n

While 37% of respondents said they were evaluating new technologies, the adoption of cloud-technology continues to be slow in the physical security industry. In stark contrast with the accelerated adoption of cloud-based solutions observed in other sectors in 2020, more than 61% of security professionals reported that they had no cloud plans, often citing concerns over cost and data security, and 74% indicated only a small portion of their environments (less than 25%) was or would become cloud or hybrid cloud.<\/p>\n

\u201cThe move to a predominantly remote workforce was made a lot easier for organizations that had already invested in cloud-based technologies, yet very few companies had already started that transition,\u201d said Christian Morin, Vice President of Cloud Services and CSO at Genetec, Inc.\u00a0 \u00a0\u201cAs companies continue to re-evaluate how they get the work done, modern cloud-based solutions should be at the top of their list.\u201d<\/p>\n

\n Cyberattack risks remain<\/b>\n <\/p>\n

In spite of cybercrime continuing to increase, and remote work creating more technology challenges, the physical security industry remains behind in its approach to addressing cyber threats. The survey reveals that only 35% of respondents took steps to improve their cybersecurity strategy as a result of the pandemic.<\/p>\n

\u201cThis new reality has underscored the fact that the network perimeter is truly dead with the bulk of the workforce working remotely. This forces many organizations to rapidly rethink and evolve their cybersecurity strategies,\u201d added Morin.<\/p>\n

To download a full copy of the report, please go to genetec.com\/state-of-industry-2020<\/a>.<\/p>\n

\n Survey methodology<\/b>\n <\/p>\n

Genetec Inc. surveyed physical security professionals between September 21 and October 13, 2020. 1,074 respondents were included in the sample for analysis. Survey samples were run across all regions including North America, Central America, Caribbean, South America, Europe, Middle East, Africa, Asia, and Oceania.<\/p>\n

\n Further research in 2021<\/b>\n <\/p>\n

To remain abreast of the evolving market, Genetec will continue primary research into the new year.\u00a0 This will begin in the first quarter with a review of the EMEA physical security market and continue in other regions later in the year.\u00a0\u00a0<\/p>\n

–ends–<\/p>\n

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About Genetec <\/p>\n

Genetec Inc. is an innovative technology company with a broad solutions portfolio that encompasses security, intelligence, and operations. The company\u2019s flagship product, Security Center, is an open-architecture platform that unifies IP-based video surveillance, access control, automatic license plate recognition (ANPR), communications, and analytics. Genetec also develops cloud-based solutions and services designed to improve security, and contribute new levels of operational intelligence for governments, enterprises, transport, and the communities in which we live. Founded in 1997, and headquartered in Montreal, Canada, Genetec serves its global customers via an extensive network of resellers, integrators, certified channel partners, and consultants in over 80 countries.<\/p>\n

For more information about Genetec, visit: www.genetec.com<\/a><\/p>\n

\u00a9 Genetec Inc., 2020. Genetec, and the Genetec logo are trademarks of Genetec Inc. and may be registered or pending registration in several jurisdictions. Other trademarks used in this document may be trademarks of the manufacturers or vendors of the respective product.<\/p>\n

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