Return on security investment: The next considerations
Security and facilities management professionals will face even greater challenges in the years to come as technology and the security sector continue to develop at a rapid pace.
As the roles of these professionals change – and the security sector as a whole evolves – there are many factors that will be important to ensuring return on security investment (ROSI).
Schneider Electric has identified the following security considerations that will impact FM providers in the future:
Closing the ROI gap or monetising security
Over time, using security as a business enabler will become more prevalent, especially in terms of applying security technology to improve business processes in industry segments ranging from manufacturing to healthcare to education. Security then transitions from being viewed as a ‘cost centre’ to being seen as a ‘profit centre’.
Security management solutions must be an essential part of adaptable, smart, comfortable, efficient and safe facilities. Integrated security management makes it possible to have a common control platform that enables operators to be more efficient and exceed today’s needs.
Security command centres rely upon multiple applications to secure a facility. Each application – from access control and video surveillance to intrusion detection, voice intercom or biometric enrolment – typically has its own user interface, reporting process and audit trail. Applications that have pre-integrated management systems reduce equipment costs, energy usage and operator costs.
By leveraging security and building automation systems, significant cost savings can be realised in terms of simplified system architecture, less hardware, software configurations that require less programming and less complex systems operations and maintenance.
Flexible user interfaces with role-based menus are simple and intuitive, and relate well to typical, real-world security situations. When combined with workflow management by job function, they reduce training time and help make operators more efficient and more productive.
Security management and building automation should be integrated to improve energy efficiency and security. If that information is applied to enable new energy routines in the building management software, incremental energy savings can be realised.
Systems that feature distributed intelligence down to the local device level of every controller enable stand-alone control and offer the greatest degree of system reliability.
While once an optional part of the corporate infrastructure, IT-based systems now are essential to sharing information across a wide geography. Many systems can function over a common IT infrastructure, removing the cost of separate system cabling.
Today’s common advanced encryption and mesh network equipment can be deployed faster and more cost-efficiently than hard-wired installation, without impacting the security or availability of the network.
To subscribers, putting data in the cloud means decreased capital expenditures and, in many cases, better uptime reliability.
Video analytics can also provide an effective way to maximise operational efficiency. Analytics can help identify video that should be monitored, based on activity, and analytics provide many powerful forensic tools as well.
Physical security information management (PSIM) is a powerful tool. By bringing many disparate sources of data into one set of actionable information, gains in efficiency and reliability can be realised — throughout the enterprise.
This article contains excerpts from the Schneider Electric white paper titled ‘The Evolution of Return on Security Investment (ROSI)’ by Aaron Kuzmeskus and Kathy Holoman.