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December 19, 2005
1 Min Read
Reporting and analytics vendor Actuate is expected to announce this week that it plans to package its analytics and reporting capabilities into technology from Quantum Secure that tracks companies' "physical" security.
Quantum Secure makes Safe Enterprise Physical Security Management, a suite that includes the mySafe Portal dashboard system, which lets users monitor security in a dashboard-like format. The Safe system also helps in the control of building access, visitor management, video surveillance and fire systems.
Actuate's reporting technology will allow for improved historical analysis and on-the-fly data mining on access-related compliance issues, security operational costs and risk management trends, says Quantum Secure president and CEO Ajay Jain. On a more tactical level, the integrated tool will help with the management of false alarms and the establishment of business rules and security policies.
"Today, just to get a [physical security] trend analysis in any corporation, it's all manual tabulation of information from various systems. The lag time alone is six months," Jain says. "That's where we come in. Actuate will bring us the organization and presentation of data."
Actuate and Quantum Secure hope to release an integrated product some time in the first quarter of next year, with a late-January timeframe likely, Jain says. Pricing for the product will start at roughly $150,000.
Physical security, as defined by Quantum Secure, involves securing buildings, employees and property. Physical security is a roughly $120 billion market. Quantum Secure's competitors include firms such as GE, Honeywell and Tyco.
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