The security industry is in the midst of a major transformation—and is emerging as a dynamic source of technology innovation and business resilience. For leaders, there's much to glean from the industry's evolution.The safety and security sector joins many other industries that have experienced remarkable evolutions since the turn of the 21st century.
For instance, the industry’s health and safety innovations during the global pandemic helped leaders navigate evolving regulations and maintain business continuity despite increasing uncertainty. Predictive analytics and machine learning algorithms can now analyze vast datasets to identify patterns, anomalies and potential threats. Previously, security data—and its incredibly rich insights—remained locked within the security infrastructure.
A significant shift occurred during the pandemic, elevating the purpose of security and emphasizing its importance as an integrated, cross-functional entity.