NICE holds the largest PSIM market share

NICE holds the largest PSIM market share

NICE Systems is once again the global market leader for Physical Security Information Management (PSIM) software solutions. According to the latest analysis from IHS Technology (IMS), NICE holds the largest PSIM market share, based on estimated revenues from 2013. This is the third consecutive time that NICE has ranked as the top PSIM vendor.

Paul Bremner, senior analyst at IHS Technology
“The PSIM software market has been building momentum over the last two years, with increasing awareness and education levels with both end-users and integrators. “It has shifted from a focus on pure integration and toward operational workflows, processes and procedures which can be automated to make operators lives easier, and business more cost efficient.”

Yaron Tchwella, President, NICE Security Group
“We believe that the results of the recent IHS report reaffirm NICE's dominant position in the global PSIM market. Our success in this domain is based on our ability to deliver customized, scalable solutions for complex security needs. As the market continues to grow at a rapid pace, we are confident that our field-proven solutions will continue to help governments and enterprises mitigate risks and better manage security, safety, and operations.”

NICE's PSIM solution, NICE Situator, captures and correlates information from third party sensors and integrates them into a single incident, with a common operating picture. When there is an unfolding event, automated workflows guide operators to quickly and efficiently respond and enable collaboration across security teams. Incident information can later be retrieved for debriefing, analysis, and reporting purposes.

NICE's security solutions help organizations capture, analyze and leverage big data to anticipate, manage and mitigate security and safety risks, improve operations, and make the world a safer place. The NICE security, intelligence and cyber offerings provide valuable insights that enable enterprises and governments to take the best action at the right time by correlating structured and unstructured data from multiple sensors and channels, detecting irregular patterns, and recognizing trends. NICE Security solutions are used by thousands of customers worldwide, including transportation systems, critical infrastructure, city centers, banks, sporting facilities, enterprises and government agencies.

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