Hanwha unveils the five trends that will mark the security market this year
Artificial intelligence, Cybersecurity, cloud-based data insights, privacy protection and specialized vertical solutions will be the key points of the security world during this 2020.
Hanwha Techwin has made a forecast on the five most relevant trends in the security industry in 2020: comprehensive artificial intelligence solutions, Cybersecurity, cloud-based data insights, privacy protection and specialized vertical solutions.
"The advancement of technologies such as AI, IoT and the cloud, will give way to new uses, along with existing devices and solutions to meet customer needs in multiple vertical markets, expanding the horizon of our industry. But we must be aware of the social and ethical responsibility related to areas such as cybersecurity and the protection of private data.", comments Soonhong Ahn, President and CEO of Hanwha Techwin.
Artificial intelligence is increasingly common in different industries and will be incorporated even more into video surveillance this year. Integrated into the cameras, to filter and process data locally on the computer itself, will be ubiquitous and enable the use of comprehensive AI technology.
Today, most security cameras transmit the data they have captured to servers for further analysis. However, with the artificial intelligence integrated in the cameras the data is first analyzed in the camera and then sent to the server. This reduces the burden of transferring and storing large amounts of data to a server, increases efficiency, saves time and reduces costs associated with data analysis.
During this year, Hanwha Techwin to Present Cameras, recorders and management software with integrated AI to show a complete end-to-end solution with this technology.
Cybersecurity
With the proliferation of IoT devices, cybersecurity has become a critical issue. Cyberattacks are smarter and more advanced than ever, so building security systems resistant to cybercriminals is no longer an option, but something obligatory.
Smart cities, factories, financial institutions and retailers require scalable video surveillance solutions, that are closely interconnected with other devices and networks, which makes the importance of cybersecurity paramount.
Robust cyber security has always been the priority at Hanwha Techwin and has been perfecting the technology from the beginning.. Wisenet 7 is the latest version of the SoC (System on Chip) own of the company.
Designed with the strongest cybersecurity features, including a secure boot function and signed firmware for both software and hardware.
Cloud-based data insights
According to IDC, there will be around 175 zetabytes of data in the world for the year 2025, much of it stored in the cloud and data centers spread across the globe.
At the same time, video surveillance solutions will go far beyond the operation of a simple monitoring tool to become an indispensable aid for organizations by providing useful information that improves business operations.
It will also increase the importance of accessible cloud-based servers that can store and analyze accumulated data.. Beyond being an efficient storage repository, sophisticated analytics will use cloud processing to analyze stored data and provide useful insights.
Hanwha Techwin to Introduce Cloud-Based Solutions from Device Health Monitoring Cloud, that will monitor and manage video surveillance devices in real time. The company will also present Retail Insight Cloud, designed to make store management easier.
Privacy Protection
Along with cybersecurity, Hanwha Techwin believes that the protection of personal data should be an integral part of a video surveillance company's business ethics.
By its very nature, video data that is collected for security purposes almost always contains private information. So, protecting surveillance data is mandatory.
Worldwide, privacy protection laws are being introduced, such as the General Data Protection Regulation (GDPR) in Europe and the Federal Law on Information Security Management (FISMA) in the United States.
These laws will force the video surveillance industry to follow 'privacy by design' best practices and renew its efforts to protect personal data from misuse and abuse..
Organizations are increasingly aware of the dangers of private data breaches and become more demanding when choosing security products and solutions.
Specific solutions for vertical markets
Vertical markets in the security industry require increasingly specialized devices and solutions to meet their unique requirements.
With the emergence of the fourth industrial revolution, the presence of smart verticals will be more prominent and video surveillance companies must be ready to provide solutions for smart cities, Factories, transportation and retail organizations.
Hanwha Techwin already offers products for these vertical markets and plans to expand its line of specialized solutions in the near future., to include IoT-powered asset management solutions.
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