PSIM refers to applications that integrate disparate building systems like security, HVAC, lighting into a centralized management system. This provides superior situational awareness over isolated systems. PSIM can link related security events, like an alarm from a temperature sensor being triggered after equipment was turned off during maintenance. It recognizes these as one interlinked event rather than separate alarms, allowing for a more logical and efficient response. PSIM also incorporates standard procedures to better enforce risk management strategies and provides opportunities for operational savings through streamlined monitoring and reporting.