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2009: Bad Economy Means Slowing Convergence? - Not So Fast...
By Dan Dunkel
Many pundits in the security industry, (primarily consultants and integrators), have stated that a slowing economy in 2009 means that businesses will postpone or cancel convergence plans. Granted some companies will ratchet back spending...on everything.
However, I beg to differ on the question of convergence for the following reasons.
First of all, our overused term of "convergence" essentially means integration. Ask yourself, "What is it we are integrating?" The answer is information. The future of the security industry is moving, managing and sharing information. You cannot do that adding "cheaper" proprietary silos of legacy equipment. You integrate to legacy systems as your replace them outright.
The one constant in buying security systems (or anything for that matter) in tough economic times is increased scrutiny at senior levels in the organization, with the CFO (chief financial officer) getting maximum visibility. Some believe that process means buying the cheapest solution with no thought whatsoever to the ongoing total costs of ownership (T.C.O). Wrong. If anything, the strategic necessity of the security solution and its deployment costs are examined even more deeply. "Does this make sense for the business?" "What is the cost of doing nothing?" "Is the solution repeatable?" "How will it save money?"
In tight economic times, salesmanship takes the lead role and orchestrates a consistent message to the executive suite by providing the strategic incentive to secure the funding. Sales professionals provide the CSO with information to sell the strategic need and benefits to the business. The CFO is supplied with the appropriate financial models to assure the executive staff and board that the purchase is sound. Finally, collaboration with the IT department has also been initiated to avoid complications downstream. In short, a strategic sales process is in place. If anything, tough economic times mean that the competition gets more intense,
and the strategic rationale behind that purchase order becomes more important. This does not mean the CFO says, "What is the cheapest thing to do?" or "Let's buy the proprietary stuff today and forget the higher operating costs incurred tomorrow." In recessions, more than ever, executives have to be sold. They want to be sold. Executives are competing for internal funds within their organization. What has higher intrinsic value than protecting the assets of the business (people, physical and electronic) and the value of the brand? If anything, you can argue that the threat levels increase during a recessionary environment.
If security policy is presented correctly (strategically) to the executive staff, this economic environment presents the opportunity for a deeper inspection of the value the security group provides the business. Isn't this where you want to be as a security professional and practitioner? There is no better entry into the executive suite than to provide business value during tough times. It is the right time to stress collaboration between the IT and physical security departments to proactively define solutions and provide the CFO a united front. In 2009, the answer is not selling the short-term solution. The CSO/CISO (i.e. your customer) should be at the executive table with a strategic
message for moving, managing and sharing "security information" to protect the business. If not, you (the integrator) are missing a golden opportunity.
The historical trend is that leadership positions change during recessions. Some companies get stronger, while others are weakened or eliminated. The Chinese write the word "crisis" with two bush strokes, one means danger and the other opportunity. Remember, 2009 is an opportunity - make the most of it!
About the Author: Dan Dunkel, President of New Era Associates, is a frequent presenter on the topic of systems integration and convergence before security, enterprise and executive groups. New Era specializes in creating sales strategies and developing business partnerships between IT and physical security firms focused on convergence solutions. Contact him at dan@neweraassociates.com or visit
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Costly Arrests; Results From VideoSurveillance Program Of Texas Border Underwhelming
Texas Gov. Rick Perry's passion for an audience participation video surveillance system on the border with Mexico has always seemed rooted more in conservative politics than fiscal practicality. He's tried it once, he's tried it twice, and the bottom line looks worse than ever.
What did the results reveal?
Blackwood CCTVStarts Talking To Cut Crime
The fight against anti-social behaviour in Blackwood now has a new weapon - talking CCTV. As part of a Caerphilly county borough pilot scheme, three special cameras have been installed in the town's high street and main car park. Operators will have a direct link to loudspeakers, and will be able to speak directly to those in the sight of the camera. What advantages do talking cameras have
?
Food Safety Activists Hopeful About Crackdown
As federal officials launch a criminal investigation into a Georgia peanut processor at the center of a salmonella outbreak, food safety experts say they hope it's a signal that the government will be more aggressive in prosecuting cases in the future.
How can the FDA make our food safer?
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Globe Trotting
In the 21st century climate of globalism, everything from the economy to the Internet has a worldwide bent. It's only natural that the security industry in general and access control in particular would eventually follow. It makes sense that companies that operate worldwide would want a uniform way of protecting their investments.
Look for the rest of this article in the
January Issue of SDM Magazine, or sign up for a free subscription.
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