Security as a Profit Center: Progress Security Systems Highlights the Future of Retail Security in Saudi Arabia

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Progress Security Systems is calling on retailers across Saudi Arabia to rethink the role of security—not as an operational expense, but as a business enabler that delivers measurable returns.

Speaking in an exclusive interview with Security Middle East Magazine during Intersec Saudi Arabia, Joseph Faraj, CEO of Progress Security Systems, shared insights into how intelligent security technologies are helping retailers improve performance, reduce losses, and support long-term growth.

As the Kingdom continues its rapid retail expansion under Vision 2030, businesses are facing increasing pressure to enhance customer experiences while protecting assets and improving operational efficiency. According to Faraj, modern security systems are uniquely positioned to address all three objectives simultaneously.

“Security is no longer a cost center—it is a profit center,” said Faraj.

By combining advanced video analytics, intelligent surveillance, access control, and integrated monitoring platforms, retailers can gain real-time visibility into operations, identify inefficiencies, and make data-driven decisions that directly impact profitability.

Progress Security Systems has demonstrated how the right security architecture can deliver tangible business outcomes, including reducing inventory loss by up to 73% and increasing sales conversion rates by 11%. These results highlight the growing role of security technologies as strategic business tools rather than standalone protection systems.

The company continues to support organizations across the region with scalable, future-ready solutions designed to evolve alongside business growth, helping retailers strengthen resilience, improve customer journeys, and maximize return on investment.

As Saudi Arabia's retail sector enters a new phase of transformation, Progress Security Systems remains committed to delivering intelligent security solutions that protect, optimize, and create value.