The Best Security Solutions for Retail 2020 — igzy.com

Retail is an industry that has grown exponentially over the years. It has been successful in capturing audiences in the brick and mortar setup. It now has a huge market share online as well. India Retailing reports that the country’s retail sector is expected to grow to $1400 billion by 2024, backed by revenues from brick & mortar stores as well as digital sales. The flourishing millennial population & rising income of the middle-class population are key driving forces behind the Indian retail sector becoming the 4th largest in the world.

Technological advancement in the past decade has revamped the functioning of the retail industry. Applications of Artificial Intelligence (AI), Machine Learning (ML) & Internet of Things (IoT) have assisted a majority of the companies to reap superior benefits. Amplified sales, enhanced customer loyalty, augmented personalized experience and optimized inventory are basic deliverables of a well-founded IoT system. Yet with the growth in technology, the level of threat has also grown rapidly. Data is susceptible to cyberattacks. Hence, companies are looking for enhanced security solutions for retail to ensure genuine protection of such invaluable information.

Challenges for which security solutions for retail have become necessary are:

Increased shoplifting

Network Intrusion

Data leakage and theft

Absence of a robust unified infrastructure

The best way for retailers to combat such significant concerns is to make effective use of technology that provides superior business solutions. IGZY’s all-inclusive approach to combat security challenges ensure businesses are provided the latest security equipment to fortify their stores.

Here are some of the benefits of IGZY’s security solutions for retail:

Intelligent safety devices

Secure Cloud Infrastructure

Unified V-SaaS Platform

Centralized Command Center

SOP Adherence Management

With the growth of technology, implementing IoT solutions can provide invaluable information to businesses to boost return on investment while providing proper fortifications for your data. It is the next step for businesses to arm their stores with IGZY’s latest security solutions for retail to ensure long term safety and security of company assets and human capital.

Originally published at https://igzy.com on May 11, 2020.

Technology enthusiast