Commercial property management has taken a huge leap into the future with the integration of IoT devices in security systems. In 2022 alone, there were over 1.5 billion IoT devices installed in commercial smart buildings per Business Wire.
The combination of advanced tools and methodologies is shaping a new era of security that is predictive and adaptive. Traditional security guards, while once a reliable solution, are being outpaced by technology, revealing their limitations in an increasingly interconnected world.
By embracing IoT, security devices, from surveillance cameras to access control systems, can seamlessly work together, sharing insights in real time. The result – continuous connectivity regardless of geographical location and quicker response time to potential threats.
Here are 6 key benefits of integrating IoT devices into commercial property security.
1. Enhanced Predictive Maintenance
IoT devices help in identifying and addressing security issues before they become critical. By monitoring equipment and systems in real-time, property managers can proactively address maintenance needs.
The real-time data collected by IoT devices can provide valuable data for property managers about the status of their equipment and systems. The ability to actually predict maintenance needs can help extend the life of the equipment, which can help save costs over time.
2. Improved Decision Making
The wealth of data collected by IoT devices can inform and enhance security decisions. Analytics and insights derived from this data enable better resource allocation and threat assessment. This data helps property managers and security personnel to have a better understanding of any security issues.
For example, if the data shows there is a high likelihood of a threat in a specific area, then resources can be directed there to help mitigate any risks. This is crucial in helping to maintain a safe and secure environment. And when tenants feel safe, their satisfaction levels will rise, which can contribute to better relationships and overall reputation.
3. Smart Monitoring
Commercial properties may contain sensitive equipment and materials. An IoT sensor can continuously monitor the ecosystem’s reliability and trigger alerts and actions if a device malfunctions or is tampered with. This helps ensure security personnel are notified immediately to any suspicious activity.
Smart monitoring systems, like live video monitoring, are often more cost-effective than traditional security measures. They can reduce the need for costly onsite guards and patrols, as well as potentially lower insurance premiums.
Trained security professionals can be located anywhere and still have the ability to monitor the commercial property in real time. Their lives are never at risk and they can see multiple areas of the property at the same time.
Smart monitoring devices can often be repaired or upgraded remotely, which not only helps make sure they are up to date but can save on costly repairs.
4. Enhanced Safety Protocols
IoT devices play a pivotal role in enhancing safety protocols within commercial properties. When responses to emerging threats are automated, it can improve overall safety. For example, since IoT devices can monitor in real time, they can help detect potential hazards. For instance, a robot-based Raman detector was designed to identify explosives and other toxins remotely within a short span of time, ensuring that a site is safe before human entry.
Wearable safety equipment, such as smart helmets or glasses, can also help monitor for potential hazards to improve worker safety. Not only are the IoT devices lightweight, but they also provide real-time data to workers and managers for quicker interventions.
Organizations are also leveraging IoT to reduce potential losses by raising risk awareness and improving safety conditions. One example comes from The Hartford Insurance IoT Innovation Lab which uses connected devices to raise risk awareness and enhance safety conditions for its commercial customers.
In industries that require physically demanding work, IoT-enabled exoskeletons can provide significant assistance in minimizing injuries and strains. These wearable frameworks are equipped with motors that help alleviate the strain caused by repetitive motions or heavy lifting.
5. Smart Access Control Systems
IoT-based access control systems are a game-changer for property managers. These systems can control who enters the premises and when. Access can be granted or revoked remotely, helping ensure that only authorized personnel are on-site. In emergencies, doors can be locked down instantly, and access logs can be reviewed in real-time to track any suspicious activities.
IoT-based smart access control systems can also collect and analyze data to provide insights into access patterns. This can be valuable in enhancing security protocols and identifying potential vulnerabilities. The data that is gathered in access logs can help organizations stay compliant with regulations.
6. Video Surveillance with Analytics
IoT-enabled cameras can do much more than just record footage. Advanced analytics algorithms can analyze video feeds in real-time, identifying anomalies and potential threats. If someone loiters in a restricted area or leaves an unattended bag, the system can automatically trigger alerts and notify security personnel.
ECAM’s live video monitoring solution relies heavily on video surveillance equipped with advanced analytics technology. Real-time analytics coupled with human intelligence are what optimize the monitoring process. The analytics is pre-programmed to a set of rules, filters, and algorithms that help identify suspicious activity. This can include people loitering at a property, attempting to break into vehicles, vandalizing buildings, etc. When it picks up on something within those parameters, it can notify a trained monitoring professional who can quickly assess the situation and take appropriate action.
Live video monitoring can often reduce or replace the need for security guards, which can result in significant cost savings for commercial properties. This blend of technology, human intelligence, and a proactive approach positions ECAM’s live video monitoring solution as a robust choice for enhancing security in commercial properties.
The integration of IoT devices in commercial property security represents a significant shift towards a more efficient, proactive, and interconnected security landscape. As technology continues to evolve, property owners and managers in commercial real estate can benefit not only from enhanced security but also from improved operational efficiency, cost savings, and increased tenant satisfaction. Embracing IoT is not just a security upgrade. It’s a step towards a smarter, safer, and more efficient future for commercial properties.
To learn more about live video monitoring and the benefits of a proactive security solution for your commercial property, contact us.
Texas Private Security License Number: B14187
California Alarm Operator License Number: ACO7876
Florida Alarm System Contractor I License Number: EF20001598
Tennessee Alarm Contracting Company License Number: 2294
Virginia Private Security Services Business License Number: 11-19499
Alabama Electronic Security License # 002116
Canada TSBC License: LEL0200704
