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Enterprise, or corporate, security – the practice of protecting a business’ employees, physical property and assets, and information systems – is a fast-growing business. Research firm IDC forecasts global spending on security-related hardware, software, and services to reach $103.1 billion this year, with the US leading the world in spending. While many companies, especially those in sensitive or high-value industries such as banking and government, have maintained secure workplaces for decades, the need to protect vulnerable workplaces across all verticals has become obvious, and subsequent investments have resulted in the hyper-secure, multi-layered environments many of us work in today.
Despite the nearly two decades of intense focus and heightened spending on enterprise security, opportunities still exist to enhance the ways in which we protect personnel and monitor business assets including critical infrastructure, office buildings, and inventory. Leveraging high-accuracy location technology, which can pinpoint workers and assets in real-time, including indoors and to the floor-level in high-rise offices, offers a new dimension in enterprise security, helping to drive efficiencies and lower costs.