State of Cloud Physical Security18/10/2024
Summary
Physical security is undergoing a significant transformation, driven by the widespread adoption of cloud-based systems. Verkada's report provides a comprehensive overview of current trends, insights, and challenges in the industry, as identified through a survey of 1,518 IT and Physical Security leaders conducted by The Harris Poll on behalf of Verkada. Key findings reveal that security leaders from various industries see cloud-based solutions as the future of physical security, and as such are prioritizing a shift to cloudbased security systems within the next 12-18 months to enhance their ability to monitor, manage, and safeguard critical assets.
Key Insights and Trends
- Growing Consensus on Cloud-Based Future:
An overwhelming 92% of security leaders agree that the future of physical security lies in cloudbased solutions. This consensus underscores a strategic shift toward greater scalability, improved integration, and efficient remote management. - High Transition Intentions:
Nearly 9 in 10 (86%) respondents who have not fully transitioned to the cloud plan to do so, including 90% of those with fully on-premise setups and 85% of those with a mix of cloud and on-premise - Urgent Adoption Timeline:
75% are planning to make a transition to the cloud within the next 12 months and 96% within the next 18 months. - Budget Prioritization:
Security budgets are expected to increase across the board in 2025, with a strong focus on features like cybersecurity, cloud storage, and the integration of automation and artificial intelligence. A clear majority (69%) expect to increase their spending on physical security systems. - Top Drivers of Adoption:
Top factors driving the cloud transition include system scalability (40%), remote management (35%), and seamless device integration (34%) — all features that enable organizations to adapt quickly to changing security needs and manage their infrastructure more effectively. - Perceived Challenges:
Cybersecurity concerns remain the most significant challenge for organizations contemplating the transition, particularly for those fully on-premise. - Changing Attitudes on Cyber Readiness:
Most respondents believe cloud security has improved over the past five years and will continue to advance, providing better protection against emerging threats. - Strategic Importance of Artificial Intelligence:
Integration of AI within cloudbased systems is viewed as essential. Automated alerts, video analytics, and predictive modeling empower security teams to detect potential threats proactively; and AI-driven security features are becoming a critical component of modern security solutions, helping businesses maintain a proactive security posture.
Read the full report here
