This week in our Fire & Security industry news round-up we cover trends in Intruder Alarm & Perimeter Protection markets, a growth of defence budgets across Europe and more…
Defence budgets across Europe will grow
According to the latest report published by IHS Markit, defence budgets across Europe will grow by 1.6 percent on average annually for the next five years to reach $245 billion in total by 2021. increases in spending primarily focused on improving readiness and accelerating equipment modernization, in response to amplified threat levels in the region. “Elevated threat levels mean that there’s arguably more political support for increasing defence spending at the moment than there has been in the last ten years”
(Security World Hotel, 16/05/2017)
Intruder Alarm & Perimeter Protection markets trends
Intruder Alarm & Perimeter Protection products have lagged behind Video Surveillance and Access Control over much of the last 15 years. However, the significant growth of new LED lighting systems in outdoor industrial complexes is helping to pull demand through for retrofitting new intruder alarm systems. The main driver for growth in the next 5 years will be the increase in investment in industrial complexes particularly in Asia and BRIC countries, advances in sensor technologies, wireless technology and radar.
Cybersecurity wake-up call
The ‘WannaCry’ worm ransomware attack which hit 48 NHS trusts across the country on 13 May, could be the most damaging and disruptive cyberattacks to date, and according to some, could be just a taste of what is to come unless organisations start taking the cybersecurity more seriously. The Government has committed to investing £1.9 billion to protect the nation from cyber attacks to help make the UK the safest place to live and do business online.
(Security World Hotel, 16/05/2017)
(Security News Desk, 16/05/2017)
Need for more surveillance storage
Increasing retention requirements can drive the price of storage up as high as 30 percent of the total project cost. Due to the nature of security systems, reliability is of utmost importance. A hard drive failure can render the whole system useless if there is no place to store video footage or retrieve it. Systems integrators must therefore reach a practical balance between cost and reliability. “Analytics is becoming more sophisticated, computers need to run faster and the number of cameras are increasing exponentially. As a result, there is a need for more data storage capacity”
Machine vision systems – the “eye” of factories
“Machine vision systems will continue to be the primary consideration for manufacturers who are looking to improve quality or automate production.” Manufacturing is moving towards Industry 4.0 (also known as the Industrial Internet of Things), where factories rely more on automated processes instead of on traditional human labor. Machine vision addresses the fundamental issue that the human eye has limits.
Meet us IFSEC 2017
Europe’s biggest security show is back in town and we’re excited to be exhibiting again at IFSEC International discussing current activity and providing our insight into the Security and Fire recruitment market. Over 27,000 global security professionals will visit IFSEC 2017 to experience the latest technology innovations and hear from industry leaders. It’s a great opportunity to grow your network, test and trial new security and fire products and develop your knowledge and learn a new skill by attending seminars & workshops.
If you’re attending and would like to catch up please click below to let us know a good time to catch up and the best number to reach you on, or get in touch. Looking forward to it!
Our weekly fire and security news round-up regularly feature supplier news, product launches, events, our own articles, and much more. Check back each week to catch up on the industry news affecting the fire & security sector collated by our team of fire & security recruiters.
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