The rate at which many technologies are evolving is astounding. Just think what today’s smartphone can do, how email and the Internet have changed our work lives, or how the fax machine — though useful — is now considered outdated. This rapid evolution brings us many new opportunities; it also raises the challenge of what to do with systems, technology and equipment that are still functional, but no longer as effective. Security and surveillance markets in particular are affected by these exponential advancements.
“Do more with less.” That’s pretty much the message security managers and IT directors hear these days. On the one hand, security now ranks high on the agenda of most organizations; on the other, shrinking budgets pose a real challenge to deploying the security and surveillance systems they need. Fortunately, when you take a deeper and longer-term look at the economics of surveillance systems, a different picture can emerge — one that makes a lot more sense from a financial point of view.