Editor Introduction
Security systems are often seen as an investment, but usually not one that pays dividends. However, newer technologies are enabling end users to extend their efforts to cost-justify a security system beyond the mirage of “measuring what didn’t happen.” Nowadays, security systems provide quantifiable benefits that yield a return on customers’ investments. We asked this week’s Expert Panel Roundtable:
How can security systems maximize return on investment (ROI)?
Video Management Systems (VMS) offer more than just security; they can significantly enhance return on investment (ROI) when utilized fully. By extending the use of the VMS, organizations can minimize risk and liability, enable remote monitoring and management, ensure regular maintenance, and confirm regulatory compliance. These systems can provide video evidence in case of incidents, reducing legal and insurance expenses. In the post-COVID era, the blend of personnel and technology has been instrumental in cost reduction for VMS management and maintenance. Remote operation allows administrators to work from any location, thus cutting down travel expenses. Coupled with various analytics and technologies, a VMS helps identify necessary updates or component failures, saving service costs. Finally, a VMS can be used to ensure regulatory compliance, thereby avoiding potential fines or legal actions.
Editor Summary
Business is built around the principle of measuring success, so why shouldn’t a customer’s security system be held to the same standard? New ways of measuring the benefits of technology are contributing to the bottom line and, counting together all the variables, making security systems more affordable.
Read the full article on SecurityInformed.com
