Security Industry Association Launches New Proptech Advisory Board

SILVER SPRING, Md. – The Security Industry Association (SIA) has announced the creation of its new Proptech Advisory Board (PTAB), a group of SIA member experts that will bridge engagement between the proptech community and the global security industry through partnerships, education and thought leadership. SIA officially launched the advisory board March 22 at The Advance, SIA’s annual membership meeting at ISC West.

The group was created in response to proptech’s increasingly role in the industry, with $32 billion invested in real estate tech companies in 2021. Security as Proptech ranked No. 8 on SIA’s list of 2022 Security Megatrends, which forecasts the major trends affecting security industry businesses. Additionally, the lasting impacts of COVID-19 have brought the topic of accelerating technology adoption to the forefront for building owners and operators.

The group will be chaired by Lee Odess.

“I am extremely pleased with SIA taking a progressive step in engaging an important vertical for the security industry. The level of investment and growth in this sector warrants our appropriate response in forming this board,” said Odess. “I appreciate the board’s trust in me to direct this effort and look forward to the opportunities ahead.”

The Proptech Advisory Board’s primary efforts will include developing and distributing educational content such as presentations, collectively researched papers, webinars, informative newsletters and curated resources; commenting on and providing feedback on initiatives including standards activities, legislation, position papers and requests from media; and partnering and collaborating with companies and organizations on proptech-related activities.

“The launch of the Proptech Advisory Board is an important example of how SIA provides platforms for members to stay ahead in emerging areas that could help them to become more successful.  We appreciate the dedication of Lee Odess and advisory board members for their insights and involvement,” said SIA CEO Don Erickson. “Security solutions are uniquely positioned at the heart of the proptech ecosystem, and this group of remarkable industry leaders will help SIA engage the proptech community and provide valuable resources for our members.”

The SIA Proptech Advisory Board will hold its kickoff meeting on Wednesday, April 20, at 1 p.m. EDT. If you are interested in learning more and/or participating in this meeting, contact SIA staff liaison Edison Shen, SIA’s director of standards and technology, at eshen@securityindustry.org.

Learn more about the Proptech Advisory Board here. And view SIA’s full committee guide here.

About SIA

SIA is the leading trade association for global security solution providers, with over 1,200 innovative member companies representing thousands of security leaders and experts who shape the future of the security industry. SIA protects and advances its members’ interests by advocating pro-industry policies and legislation at the federal and state levels, creating open industry standards that enable integration, advancing industry professionalism through education and training, opening global market opportunities and collaborating with other like-minded organizations. As the premier sponsor of ISC Events expos and conferences, SIA ensures its members have access to top-level buyers and influencers, as well as unparalleled learning and network opportunities. SIA also enhances the position of its members in the security marketplace through SIA GovSummit, which brings together private industry with government decision makers, and Securing New Ground, the security industry’s top executive conference for peer-to-peer networking.