Home > Trends > 2009 is turning out to be a year of less fluff and better decisions

2009 is turning out to be a year of less fluff and better decisions

Forrester has reported that IT Security will continue to thrive even in this economy.  My research shows the same to be true in important sectors of physical security.  For those of you who missed this in my January Newsletter, I'm reprinting here.  If you'd like to get on my newsletter mailing list, drop me a note at steve@securitydreamer.com.

How will the economy
and the current state of threat affect security and risk management
projects this year? Will there be big cuts in security spending?  No. 
Corporate executives have tightly limited spending for years.  It won't
get tighter.  It will simply require vendors to sell less fluff and
more value.  Buyers have no stomach for any purchase that does not
obviously and quickly produce value.

Therefore, 2009 will be a
year of redoubled efforts to achieve efficiency and effectiveness. 
COOs, business unit managers and security executives will implement
creative measures to complete necessary projects without creating new
costs.  This year we will see more:

    Spending from outside IT and security budgets
Clever
managers know how to find money.  By coordinating projects and working
together with other business unit managers, funds may be pooled and
tasks completed collectively.  My clients have been especially
successful at this sort of budget dollar "end run."

    Creative budgeting and project management
Security
managers and business owners will continue to manage risks through high
priority initiatives, while less urgent projects are put on the shelf.
"Borrowing" from allocations to alarm monitoring, locksmithing, and
property maintenance will sometimes fund security projects.

    Business units moving forward without officially sanctioned budgets
Some
risk management related projects will be led directly by business
units, which need the reports of an event management system or the
strong access control of an identity management system.

    Open software and creative integration
Open
computing architectures and the use of newer, less expensive software
solutions will become the preference of security end user executives.
Integrators that can adjust will win.

    Managed services
Hosted
video and alarm monitoring will be complemented this year by
outsourced, managed services performing some or all of the
infrastructure management of your security operations.  Watch for
organizations to cut equipment costs by remotely hosting video. 
Companies will also bring alarm monitoring in house.

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  1. February 18, 2009 at 10:20 am

    Hi Steve,
    I agree with you that producing obvious and quick value will be key.
    I do have 1 question on managed services. Is managed video mature enough to really make a big difference in the marketplace? I know the buzz is building but is it ready to replace traditional on-site video for the enterprise?
    I think managed video will get a lot more attention this year and some niches will be able to use it. I am not sure how much more we can expect of it in 2009?
    Best,
    John

  2. Thomas Whitney
    February 20, 2009 at 3:21 pm

    I was just thinking that myself. Wow, we have really taken a turn this year towards digital security. It’s good to know.
    Would you mind writing an article about what are the most profound steps that you have seen in the area? I found some information online at http://www.justaskgemalto.com but was wondering what your perspective was on it.

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