Smart Innovators: Building Security Solutions

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Executive Summary

This report provides real estate, IT and security executives with an overview of innovation in the building security software market and a high-level benchmark of 21 solutions. Based on executive interviews and the product benchmark, our analysis finds that the market for building security software solutions is entering an exciting new phase, marked by a shift towards cloud-based software, a rise of mobile applications and a further convergence of solutions. The market is also seeing the emergence of new entrants, funded by venture capital, with ambitions to bring advances to traditional security systems through biometrics, occupant health monitoring and video analytics. This report offers practical guidance to heads of security, IT and real estate executives on how to derive value from this new technology.

Table of contents

Building Security Software Solutions: The Dawn Of A New Era  
Buyers Seek Richer Functionality From Their Building Security Solutions

Introducing A New Generation Of Building Security Software  
Integrations Drive The Emergence Of Comprehensive Building Security Platforms 
Building Security Solutions Are Addressing The Shortcomings Of Legacy Products 
New Generation Security Solutions Push Boundaries Across Six Functionality Areas 
Buyers Must Make Future Flexibility And Cybersecurity Compliance Key Investment Criteria

Table of figures

Figure 1. Smart Building Security Hardware And Software Deployments  
Figure 2. Security Solution Vendor Heritages  
Figure 3. Advantages Of New Generation Security Solutions  
Figure 4. Building Security Software Vendors Native Functionality Assessment  

About the authors

Susan Clarke

Research Director

Susan leads the Verdantix Smart Buildings practice. Her current research agenda focuses on software solutions for real estate management including integrated workplace management systems and IoT platforms for buildings. Her research expertise also includes a broad range of energy management technologies and energy services. Susan has eight years of experience in technology research. She holds a MSc from the University of London in Sustainable Development.

Dayann Charles Jeyamohan

Industry Analyst

Dayann is an Industry Analyst in the Verdantix Smart Buildings practice. His current agenda focusses primarily on IoT building solutions and the digitization of the built environment and facilities management. This covers themes and technologies across the IoT and cloud landscape including IoT hardware, edge computing and 5G connectivity. Dayann joined Verdantix in early 2020, having previously worked as a Business and Technology Consultant at IBM. He holds an M.Eng. in Engineering (Mechanical) with Business Finance from University College London.

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