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3 minute read
ROLE OF PARTNERS IN SECURITY SOLUTIONS
from EC-MEA March 2023
No single company has expertise to address challenges independently, which is why collaboration has become crucial for driving value in security.
The current security landscape is in a constant state of flux, with new threats emerging regularly, requiring organisations to adapt their strategies in real time. No single company has the expertise or resources to address these challenges independently, which is why collaboration has become crucial for driving value in the security sector.
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With the combined strengths of different partners, organisations can take advantage of each other’s expertise and participate in a security ecosystem that is far greater than the sum of its parts. By pooling their resources, skills, and knowledge, and sharing the latest concepts and ideas, organisations can accelerate product and service innovation, simplify the integration process, and deliver more comprehensive solutions that meet unique customer needs.
Now more than ever, companies must adopt a cooperative innovation model to succeed in this rapidly changing environment. But how exactly are partner networks and integrated solutions transforming the security sector globally and in the region.
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Integrated approach
Following the trend set by the IoT industry, the security sector has evolved into a flourishing ecosystem where various products and solutions can be integrated with ease. The ability to integrate effortlessly with other technologies and create tailored solutions benefits vendors and enhances the customer experience as the added value is reflected in the final offering.
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The ecosystem approach encourages collaboration and the sharing of knowledge, leading to the development of more innovative products and services. But the integration of technology is essential for this ecosystem to truly succeed. The growing use of open standards allows different industry segments to work together seamlessly, breaking down traditional silos and creating a more integrated approach to problem solving.
This, in turn, leads to the development of solutions that can be applied across different sectors, increasing the efficiency of operations, and providing a more comprehensive approach to security.
The adoption of technology based on open standards is a critical component of any successful security ecosystem. When guided by open standards, products and solutions are more interoperable, scalable, and sustainable. This may include well-documented APIs, consistent firmware, software development, and cybersecurity measures across different products.
The standardisation of solutions helps organisations reduce their dependence on proprietary systems, ensuring that they have access to a wide range of solutions that meet their specific needs, now and in the future.
Know your customers
Collaboration can help businesses gain valuable insights into their market and develop a better understanding of customers’ needs. For example, a technology vendor could work with a channel partner who specialises in a particular industry vertical. The channel partner could bring in their deep understanding of customer requirements and provide valuable insights into the challenges they face.
This information can then be used to inform product design and development, ensuring that offerings are relevant and effective. This way, the vendor uses a partner’s knowledge to develop innovative solutions that meet specific customer needs and address their pain points in that vertical.
Power of partnership
The UAE has long been a hub of technological innovation and a leader in the implementation of smart city technologies. Recently, the integration of deep-learning analytics and camera technology has opened new doors for the UAE’s smart city industry – but this could not have been done without collaboration.
Axis, which is supported by a network of over 90,000 partners across the globe, recently teamed up with companies specialising in traffic monitoring in the UAE. This collaborative project has certainly demonstrated the realworld advantages of collaboration. The integration of deep-learning analytics and camera technologies has enabled cities in the UAE to make data-driven decisions and respond quickly to changing conditions using real-time information.
With a more efficient traffic management system and reduced congestion on roads, this collaborative project has brought real-world benefits to the country and its citizens.
Market opportunities
Ultimately, the open exchange of information enables partners to develop more integrated products and services, stay ahead of their competitors, and maximise the opportunities available in today’s highly competitive market. Those that do not use the opportunity to create strategic partnerships, on the other hand, will find themselves at a significant disadvantage.
Without collaboration with technology and channel partners, a business may not have access to the latest technologies or expertise that would enable it to address the constantly evolving threat landscape. This company’s offerings may therefore be limited and less effective at meeting the needs of its customers, eroding customer confidence, and potentially damaging the reputation of the company.
A model of cooperative innovation within a partner ecosystem, and the development of integrated solutions based on open standards, are key components for driving the security sector forward. Organisations that work together well are more likely to share in their successes – and those who have not found the right partners should do so if they do not wish to be left behind. ë
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