Tough with opportunities

February 2017 CCTV, Surveillance & Remote Monitoring, Cyber Security

It is expected that cyber security breaches and crimes will dominate the headlines; especially with the fast-growing list of new, innovative threats, like fileless malware, dronejacking and the continued evolution of malware. The exploitation of IP cameras as a backdoor will also prove challenging, with ever more secure security policies being implemented. The alignment of internal security systems to IT processes will continue, stimulating IP sales.

However, the electronic security landscape will be sure to provide its own challenges that require smart, innovative use of technology to address security and business management concerns effectively. Integration will remain a key aspect, converging multiple subsystems into a converged powerhouse of intelligence and forensic data, most likely including SIoT (Security Internet of Things).

Marius Stoop, sales manager.
Marius Stoop, sales manager.

What will make an impact?

• The current product curve is peaking, with excellent products across many levels, allowing one to meet solution requirements and the price sensitivity of some markets. Big data and cloud storage should offer some storage alternatives in the near future. SIoT, the excitingly anticipated marriage between IoT and electronic security brings with it an expectation of virtually endless possibilities.

• The projects environment should be ready to embrace a more open platform architecture (less proprietary) driving compatibility, integration, cloud presence and convergence.

• While the mid to lower tiers will be more interested in (more proprietary) boxed solutions, many top camera manufacturers are now offering entry to mid-level head-end software and solutions, and vice versa for some head-end manufacturers.

What about the economy?

• Bleak forecasts, political turbulence, electricity and water supply constraints are seen in some crystal balls, one should protect against these by remaining steadfast in a strong business strategy and focus on the execution thereof.

• A slightly stronger version of 2016 could be expected. Growth has to be driven by offering the customer value to invest in outcomes-based solutions and good ROI with a suitable TCO.

2017 will undoubtedly be as challenging as any. With most companies undergoing consolidation of one kind or another, the product and service offering will be funnelled into a high concentration of a few strong contenders.


Share this article:
Share via emailShare via LinkedInPrint this page

Further reading:

Shorten your checkout lines to enhance customer experience
September 2019, Hikvision South Africa , Retail (Industry), CCTV, Surveillance & Remote Monitoring
Hikvision's queue detection technology is purpose-built to offer cutting-edge flow analysis to retail outlets and any situation where waiting to pay is required.

Constructive CCTV contributions to research
September 2019, Leaderware , Editor's Choice, CCTV, Surveillance & Remote Monitoring
Study leads to understanding that we need more recognition and reward for constructive participation in society.

New Africa sales manager for Axis Communications
September 2019, Axis Communications SA , News, CCTV, Surveillance & Remote Monitoring
Axis Communications has appointed Brendon Hall, previously the founder and MD of Pentagon, as its new sales manager, Africa.

Check Point appoints new regional director for Africa
September 2019 , News, Cyber Security
Check Point Software Technologies has appointed Pankaj Bhula as regional director for Africa.

ISO standard for protecting personal data
September 2019 , News, Cyber Security
Tackling privacy information management head on: first ISO standard for protecting personal data has been published.

Hikvision helps secure African Union Summit
September 2019, Hikvision South Africa , News, CCTV, Surveillance & Remote Monitoring
Hikvision established a complete intelligent video solution to ensure the security of the thirty-third African Union (AU) Summit held on 7 July in Niamey, the capital of Niger.

The hunt for the Carbanak group
September 2019 , Editor's Choice, Cyber Security, News
Tomorrow Unlocked has released a free four-part documentary that tells the story of the notorious Carbanak APT group and its $1 billion bank heist.

Genetec to integrate CylancePROTECT
September 2019, Genetec , Editor's Choice, CCTV, Surveillance & Remote Monitoring, News
Genetec has announced it is partnering with Cylance, a business unit of Blackberry, to bring AI-based antivirus protection to its appliance customers.

Dashcams useful for more than social media
September 2019, Graphic Image Technologies , CCTV, Surveillance & Remote Monitoring, Transport (Industry)
Logistics companies need to make sure that they have a complete solution that allows real-time driver monitoring and event notifications as they happen.

Building automation vulnerable to hacks
September 2019 , News, Cyber Security
New vulnerability revealed in Internet-connected building automation devices at the DEF CON IoT Village that could impact critical building systems.