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Survey reveals what’s driving security tech investments

Securitas Technology releases new survey data and outlook report offering a glimpse into how organizations are using their security systems and services.

Published
22 October 2024 05:46

More organizations are leveraging their security technology for proactively predicting and preventing threats than for detecting them and triggering responses, according to exclusive survey data from Securitas Technology.

As part of its sixth annual Global Technology Outlook Report, Securitas Technology surveyed more than 900 security decision-makers from around the globe. The survey offers insights, trends, and data on a variety of security topics across all verticals, highlighting how organizations are using security systems and services to navigate emerging risks, mitigate threats, and drive operational efficiencies.

Survey respondents represented individuals from commercial and enterprise organizations who are the main decision-makers or have significant influence on decisions related to electronic security investments.

Among other fascinating results, the survey reveals that just over half (51%) of organizations invest in electronic security systems for the primary purpose of identifying threats and detecting events and/or triggering responses. However, a staggering 85% report using their security systems to proactively predict and prevent threats.

Emerging technologies shaping the future

The survey reveals a keen interest in cutting-edge security technologies. The majority of organizations (86%) say they are either “extremely” or “very” interested in investing in emerging security technologies.

Some of the top emerging technologies they’ve already implemented or invested in include:

  • Cloud computing (57%)
  • Adaptive technology (48%)
  • Artificial intelligence (46%)
  • Predictive analytics (40%)

Furthermore, 52% say their organization will increase investments in emerging security technologies in the next 18 months, with edge analytics, augmented or virtual reality, and predictive analytics topping the list.

These emerging technologies represent the frontier of innovation in the security industry, offering enhanced capabilities to address evolving threats and challenges. By embracing these technologies and integrating them into their security strategies, businesses can bolster their resilience, adaptability, and effectiveness in safeguarding their assets and operations.

Unlocking the value of security technology

Beyond safeguarding their people, property, and assets, businesses are harnessing the power of security technology to achieve broader business objectives.

From optimizing energy use and streamlining supply chain management to improving customer experience and enhancing crowd management, organizations are leveraging their security systems to address a variety of challenges and opportunities.

In fact, the survey reveals that 41% of organizations are currently using security systems and their data to drive operational efficiencies and even increase cost savings.

To maximize the value of their security, 55% of organizations are turning to artificial intelligence (AI) and data analytics, suggesting these features will play a pivotal role in shaping the future of innovation in the industry.

All of this further supports the shift we’ve seen toward a more proactive approach to security – one that’s characterized by intelligence-led security, data-driven decisions, and actionable insights.

A positive outlook for the industry

As organizations recognize the value of anticipating and preventing threats rather than simply reacting to them, they are increasingly leveraging their security technology to stay one step ahead of potential risks. This proactive mindset not only enhances security resilience but also enables organizations to proactively identify vulnerabilities, mitigate risks, and maximize operational efficiencies.

And, as security technology continues to evolve, organizations are poised to unlock even greater value from their investments. By harnessing emerging technologies, staying abreast of new trends, and collaborating with a trusted security advisor, businesses can position themselves for long-term success.

Explore the full 2024 Global Technology Outlook Report to dive deeper into these trends and access exclusive insights from Securitas Technology experts.