Survey responses show silver linings for the adoption of cloud tech.
Survey respondents in South America have an optimistic outlook on cloud technology in their region, according to Genetec’s State of Physical Security 2024 report.
The report represents findings from Genetec’s survey of physical security professionals from August – September 2023.
The greatest variance was often in the three LATAM American regions Mexico, Central America and the Caribbean and South America.
A higher percentage of channel partners (83%) expect an increase in the adoption of cloud-connected security systems in 2024 – exceeding the global average (72%).
As for end users, a lower percentage indicated that over 25% of their organization’s physical security environment is cloud or hybrid cloud (29%) than globally (44%).
Channel partners are particularly concerned about staffing challenges, with 83% expecting this issue to rise, compared to the global average of 70%.
Fewer end users in South America (30%) faced project delays due to supply chain problems in 2023 compared to the global average (42%).
On the other hand, more channel partners in South America (51%) expect prices to drop as supply chain issues improve in 2024 – while globally, fewer than 39% indicated the same.
Only 15% of end users reported higher 2023 budgets – than the global average of 29%.
Project delays are mainly due to economic (70%) and political (36%) uncertainties – higher than the global averages (57% and 25%, respectively).
Also, economic uncertainties and inflation are perceived as potential culprits for project delays in 2024 – with 59% of channel partners in South
America expressing concern, compared to the global average of 48%.
The report shows South America takes cybersecurity seriously.
Surprisingly, though, only 35% of end users identified hardening security infrastructure as a specific approach taken by their organizations – in contrast to the global average of 47%.
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