Frost & Sullivan Name NICE Security Solutions Tier-1

NICE Systems (News - Alert) is a provider of intent-based solutions that capture and analyze interactions and transactions, realize intent, and extract and leverage insights to deliver impact in real-time. NICE’s offerings for the enterprise and security sectors serve three main needs: improving business performance, decreasing financial risk and enhancing safety and security. 

This week, NICE was named a Tier 1 Physical Security Information Management (PSIM) company by market researcher Frost & Sullivan (News - Alert) in its market report, “Global Physical Security Information Management Market - A Global Trend Changing the Way Security is Considered.”

The report, which provides an overview of market drivers and trends, classifies each of the leading PSIM companies based on a three-tier system. NICE is one of the few companies whose situation management solution enables the unified integration of all security systems to provide top level situational awareness.

Many of the world’s most security-conscience organizations, including airports, public transportation, seaports, first responders, banks and homeland security, rely on NICE’s security solutions to enhance their security and safety operations. NICE enables organizations to anticipate, manage and mitigate security, safety and operational risks. By capturing relevant and meaningful information from a multitude of sources, and then analyzing and correlating between siloed inputs for valuable insight, organizations are armed with a complete picture and gain situational awareness. 

 “It is a great honor to be acknowledged as a top tier solution provider by Frost & Sullivan,” said Yaron Tchwella, security president and EVP Business Operations at NICE, in a statement. “Most PSIM solutions focus on integrating physical security systems to create a high level of situational awareness. The NICE security portfolio goes one step further to provide automated, adaptive response plans for situation management and sophisticated data correlation, analytics, and trend analysis that transform big data into operational intelligence.”

NICE’s Situator and Inform software consolidate disparate security systems for a 360 degree perspective. They provide coordinated incident analysis and adaptive response so that everyone in the operational chain knows what is happening and what to do.

Through synchronized operations and task automation, NICE Situator enhances your ability to prepare for, detect, respond to, and debrief quickly and effectively all routine and emergency security situations. NICE Inform helps emergency centers manage multimedia incident information efficiently and effectively. It captures all available data, providing all the facts as they unfold and increasing the chances that all vital evidence is available to review.

NICE is also addressing the noted training and education gaps in the situation management market, as it has independently identified that there is a great need for this. The company recently initiated a series of workshops designed to educate the market about how situation management solutions can be leveraged to handle security, safety, and business operations. Led by NICE’s Senior Director of Training and Development Dr. Bob Banerjee, small group workshop discussions focus on helping organizations improve situational awareness, situation management and collaboration across the operational chain, while also enabling proof of procedural compliance and ensuring consistent execution according to best practices.

“Spreading end-user awareness on the benefits of PSIM, its operational efficiencies and return on security investment is a key responsibility of the industry,” said Balaji Srimoolanathan, principal security consultant at Frost & Sullivan. “NICE’s solutions go beyond integrating systems to leverage physical security integration for operational improvement. As a front-runner in this market, NICE‘s depth of knowledge and experience are unparalleled.” 

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