Page 16 - Security Today, April 2021

COVER STORY
From Data Integration to Business Intelligence
Right now, we’re only scratching the surface of what cloud video security can ultimately deliver. Recognizing its full po- tential is just around the corner.
Here is one scenario: Imagine a system, powered by a shared data pool that can warn one retailer when a car with a license plate connected to a break-in at a different retailer has pulled into its parking lot.
Another example: Imagine a platform that combines the data collected by video security cameras with consumer shopping data to identify frequent shoppers and of- fer customized rewards.
As companies integrate data streams and breakdown siloes, that’s when the promise of cloud-based video security can be fully realized. This is where on-premis- es solutions can’t even compete.
In critical infrastructure, advanced cloud applications of this kind are on the rise. For example, at power substations, se- curity systems guarding against trespass-
ers can simultaneously use sensors to help measure the temperature of power trans- formers and identify patterns that contrib- ute to overheating. Because these systems are running in the cloud, they can do dou- ble duty for security and operations.
The value of these systems can be mea- sured across multiple dimensions. Not only do they require less upfront capital than on-premises solutions, further sav- ings are realized through built-in main- tenance features and data storage in the cloud. Even more value comes from risk mitigation—data backed up in the cloud is less vulnerable to theft or damage on site—and data-derived intelligence.
Optimizing for Resilience and Agility
Back in the 1990s and 2000s, technology prioritized the software application and its abilitytoeditandviewdata.Today,software applications are secondary. In the cloud era, what matters is the ubiquitous access to data and the ease of moving and processing it.
That is what enables us to protect our busi- nesses from new kinds of threats and take advantage of new opportunities.
The past year has exposed the vulner- abilities in so many of our legacy systems. It has shown us that we must be adap- tive or get left behind. The road ahead is even more dynamic, which means we must optimize for resilience and agility. Cloud technology offers us the power to do just that.
Steve Lindsey is the CTO of LiveView Tech- nologies.
REFERENCES
1. https://www.gartner.com/it/con- tent/1149800/1149812/september_16_it_cost_op- timization_techniques_lopez.pdf
2. https://www.gartner.com/en/newsroom/press- releases/2019-01-28-gartner-says-global-it-spend- ing-to-reach--3-8-trillio
3. https://www.marketsandmarkets.com/ Market-Reports/video-surveillance-as-a-service- market-773.html
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APRIL 2021 | SECU2R/18I/2T1Y12T:44OPDMAY