Industry CEOs Comments on 2017 at a Glance

2017 witnessed various ups and downs across business communities in India, including Private Security Industry, in pursuance of multiple reforming policy and regulatory initiatives taken by the Government of India. While calls for Make in India, Digital India and Skill India, Safe City and Smart Cities, and other critical infrastructure development projects have opened far-reaching opportunities for the industry to flourish, demonetization and implementation of GST have been ordered to keep a hold on the unaccounted transactions, corruption, and other malpractices during business deals. The private security industry is one…

Read More

DIY Security Systems & the Future of the Professional Installer

By Anna Sliwon – Research Analyst, Building And Security Technology, IHS Markit In 2016, the global market for DIY security equipment reached $60 million, with the great majority of gear – 85 percent – sold in the Americas. The American market for DIY intruder alarms is forecast to grow at a CAGR of more than 20 percent over the next five years. In recent years, the residential security market has seen an influx of DIY intruder alarm system providers from internet service providers such as Deutsche Telekom and consumer electronics…

Read More

Indian PSI Prepares for the Next Leap

(FICCI & PWC) The security industry is a large and expanding area of the economy with an estimated global market worth of USD 173 billion. The private security industry in India, valued at INR 570 billion is also promising. The Indian industry is still nascent and is likely to see exponential growth both in terms of manpower employed, and market share due to rapid infrastructural and economic development, leading to an increased need for prevention, detection and protection of assets and citizens against criminal acts such as fraud, terrorism, theft,…

Read More

The Markets and Markets Report

‘AI’ in Transportation Market to grow to USD 10.30 Billion by 2030 The report ‘Artificial Intelligence in Transportation Market’ notes that the artificial intelligence in transportation market is projected to grow at a CAGR of 17.87% with the market size expected to grow from USD 1.21 Billion in 2017 to USD 10.30 Billion by 2030. The emergence of autonomous trucks and industry-wide standards such as adaptive cruise control (ACC), blind spot alert, and advanced driver assistance systems (ADAS) would trigger the growth of the artificial intelligence in transportation market. The growing…

Read More

Caution in Courtroom Evidence Presentation

Use of ‘Likelihood Ratio’ not consistently supported by scientific reasoning approach ( -: Contributed by NIST :- ) Two experts at the National Institute of Standards and Technology (NIST) are calling into question a method of presenting evidence in courtrooms, arguing that it risks allowing personal preference to creep into expert testimony and potentially distorts evidence for a jury. The method involves the use of Likelihood Ratio (LR), a statistical tool that gives experts a shorthand way to communicate their assessment of how strongly forensic evidence such as a fingerprint…

Read More

Protecting IP Surveillance Cameras

(DITEK Surge Protection) As intelligent, networked IP cameras become the industry standard, protecting them from damage and downtime has become a crucial part of any security system. IP cameras can deliver constant analytic information such as the routes customers take through a store, in addition to providing the round-the-clock surveillance necessary for protecting your business. Should an electrical surge event occur, unprotected cameras can easily become damaged and require maintenance or replacement, which is costly both in price and in downtime of critical systems. It is more necessary than ever…

Read More

ONVIF Hosts Annual 2017 Member Webinar

ONVIF, the leading global standardization initiative for IP-based physical security products has recently hosted its annual membership meeting providing an update to members on the accomplishments of ONVIF in 2017 and its outlook for the year ahead. Attendees heard presentations on the final release of Profile A in 2017 and the ongoing development of Profile T for advanced video streaming, activities which are enabling the growing prevalence of the nearly 9,000 ONVIF conformant products in bid and specification processes in projects around the world. In the webinar’s opening remarks, ONVIF…

Read More

Nice Actimize Debuts Autonomous Financial Crime Management

To significantly reduce costs of compliance and increase detection accuracy Autonomous Financial Crime Management addresses such complexities as changing regulatory requirements, mounting costs for personnel, and dramatic shifts in technology In the face of mounting pressures on compliance departments at financial services organizations, NICE Actimize, a NICE business, is leading the revolution to more efficient and cost-effective financial crime and compliance operations with the debut of Autonomous Financial Crime Management. Addressing a paradigm shift where machine-led functions are driving operations, which are today performed manually, this innovative process will create…

Read More