SECURITY TECHNOLOGY
Trends & Advancements C
utting-edge physical security technology and tools have had a dramatic impact on the industry. These modern innovations have helped to reduce threats, minimise security risks and ultimately deliver a better overall product to customers.
Innovative technologies can be a critical part of tackling threats. That said, staying abreast of security technology trends and industry evolutions can help with broadening guard coverage. It can also aid in enabling the better detection of threats and reducing response time to incidents.
Artificial Intelligence and the physical security industry
For example, Artificial Intelligence (AI) is garnering a great deal of attention throughout the tech world with researchers estimating that AI tools could
drive a $7 trillion increase in GDP and lift productivity growth by 1.5 percentage points over 10 years, according to a Goldman Sachs report. Additionally, many experts believe AI will have a major impact on the security industry.
ChatGPT exploded onto the tech scene about a year and a half ago. Since then, AI has been widely discussed by business owners, researchers and everyone in between. AI is believed to have the power to use computers to simulate human intelligence to perform tasks related to
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visual perception, speech recognition, decision-making and language translation. Specific to the physical security market, the impact of AI-based applications is expected to be much more significant.
These tools can analyse massive amounts of data far faster than their human counterparts and alert guards sooner, resulting in the ability to respond to threats much quicker. Coupled with video feeds, these tools have the ability to ‘read’ human behaviour, and potentially identify a crime before it occurs.
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