Loss Prevention Managers Looking for Creative Security Solutions

  • Sep 12, 2011

It seems that the price sensitive world of retail security has an emerging creative side, according to IMS Research’s latest end-user research on video surveillance and security in the retail market. Historically, the retail market has been characterised by low prices and basic, easy-to-use security solutions. Although these remain critical success factors for the retail market, increasingly loss prevention managers are looking for creative, customised solutions to the key risks they deal with on a day-to-day basis.
 
According to report author, Ewan Lamont, “When we asked end-users what they were looking for in a  systems integrator, the majority would say they were looking for companies that took the time to understand their business, ask them about their needs and provide specific solutions to their specific problems: making them feel valued. The biggest concern was regarding companies just pushing equipment sales and not looking at the bigger picture”.
 
“Retailers look to the integrator – the security specialist – to take care of security so that they can continue selling and making money”, continues Lamont. “They want a total solution, not just a security camera. Many retailers felt that integrators were falling short on meeting their specific needs, defaulting to generic security solutions, reducing the effectiveness and perceived success of a solution.”
 
This was a common concern from end-users throughout each of the vertical markets covered in the “Vertical Insights” report series, but was particularly prominent in the retail sector. With the systems integration market in retail estimated at around $5.5 billion world-wide in 2010, systems integrators that can provide more creative security solutions will have a great opportunity to take a bigger slice of this market.

The Vertical Insights reports focus on video surveillance and security in the banking & finance, city surveillance, critical infrastructure, retail and transport markets. The reports identify the key risks, critical success factors, decision process and technology trends for each market.

Featured

  • Improve Incident Response With Intelligent Cloud Video Surveillance

    Video surveillance is a vital part of business security, helping institutions protect against everyday threats for increased employee, customer, and student safety. However, many outdated surveillance solutions lack the ability to offer immediate insights into critical incidents. This slows down investigations and limits how effectively teams can respond to situations, creating greater risks for the organization. Read Now

  • Security Today Announces 2025 CyberSecured Award Winners

    Security Today is pleased to announce the 2025 CyberSecured Awards winners. Sixteen companies are being recognized this year for their network products and other cybersecurity initiatives that secure our world today. Read Now

  • Empowering and Securing a Mobile Workforce

    What happens when technology lets you work anywhere – but exposes you to security threats everywhere? This is the reality of modern work. No longer tethered to desks, work happens everywhere – in the office, from home, on the road, and in countless locations in between. Read Now

  • TSA Introduces New $45 Fee Option for Travelers Without REAL ID Starting February 1

    The Transportation Security Administration (TSA) announced today that it will refer all passengers who do not present an acceptable form of ID and still want to fly an option to pay a $45 fee to use a modernized alternative identity verification system, TSA Confirm.ID, to establish identity at security checkpoints beginning on February 1, 2026. Read Now

  • The Evolution of IP Camera Intelligence

    As the 30th anniversary of the IP camera approaches in 2026, it is worth reflecting on how far we have come. The first network camera, launched in 1996, delivered one frame every 17 seconds—not impressive by today’s standards, but groundbreaking at the time. It did something that no analog system could: transmit video over a standard IP network. Read Now

Most   Popular

New Products

  • AC Nio

    AC Nio

    Aiphone, a leading international manufacturer of intercom, access control, and emergency communication products, has introduced the AC Nio, its access control management software, an important addition to its new line of access control solutions.

  • Unified VMS

    AxxonSoft introduces version 2.0 of the Axxon One VMS. The new release features integrations with various physical security systems, making Axxon One a unified VMS. Other enhancements include new AI video analytics and intelligent search functions, hardened cybersecurity, usability and performance improvements, and expanded cloud capabilities

  • Camden CM-221 Series Switches

    Camden CM-221 Series Switches

    Camden Door Controls is pleased to announce that, in response to soaring customer demand, it has expanded its range of ValueWave™ no-touch switches to include a narrow (slimline) version with manual override. This override button is designed to provide additional assurance that the request to exit switch will open a door, even if the no-touch sensor fails to operate. This new slimline switch also features a heavy gauge stainless steel faceplate, a red/green illuminated light ring, and is IP65 rated, making it ideal for indoor or outdoor use as part of an automatic door or access control system. ValueWave™ no-touch switches are designed for easy installation and trouble-free service in high traffic applications. In addition to this narrow version, the CM-221 & CM-222 Series switches are available in a range of other models with single and double gang heavy-gauge stainless steel faceplates and include illuminated light rings.