Hanwha Techwin, the supplier of IP and analogue video surveillance solutions, has put forward its Top 5 key trend predictions for the security industry in 2020. These include Artificial Intelligence end-to-end security solutions, cyber security, cloud-based data insights, privacy protection and vertical specialised solutions.
Artificial Intelligence End-to-End Security Solutions
As Artificial Intelligence becomes more broadly adopted across industries, it’s likely to be more widely incorporated in video surveillance in the upcoming year. Edge-based Artificial Intelligence (which filters and processes data locally on a camera) will be more ubiquitous, enabling end-to-end Artificial Intelligence technology.
Today, most security cameras send the data they collect to servers to be analysed. However, with edge-based Artificial Intelligence, the data is first analysed by the camera and subsequently sent to the server. This reduces the burden of transferring and storing large amounts of data to a server, thereby increasing efficiency, saving time and reducing server costs typically required to analyse data.
In 2020, Hanwha Techwin will introduce edge-based Artificial Intelligence cameras, as well as Artificial Intelligence-powered NVRs and VMS so as to bring to market end-to-end (camera to storage server and VMS) Artificial Intelligence security solutions.
With Internet of Things (IoT) devices becoming ubiquitous, the importance of cyber security has never been more prominent that it is today. Today’s cyber attacks are more intelligent and advanced than ever before, so building cyber-resilient security systems is no longer an option, but an imperative.
Smart Cities, factories, financial institutions and retailers require scaleable video surveillance solutions which are closely interconnected with other devices and networks, making the importance of cyber security paramount.
Strong cyber security has always been Hanwha Techwin’s priority and the company has been refining its technology to suit ince the beginning. The soon-to-be released Wisenet 7, the newest version of Hanwha Techwin’s own System on Chip, has been designed with the strongest cyber security features including a secure booting function and signed firmware for both software and hardware. Validated by the UL Cyber Security Assurance Program certification, Wisenet 7 ensures that end users have access to the industry’s most advanced cyber security features.
Cloud–Based Data Insight
According to IDC, the provider of IT-focused market intelligence, there will be about 175 zettabytes of data in the world by the year 2025, with much of it stored in the cloud and Data Centres around the world. At the same time, video surveillance solutions will go far beyond functioning as a simple monitoring tool to become an indispensable aid to organisations by providing useful insights that improve business operations.
The importance of accessible cloud-based servers that can easily store and analyse the accumulated data will also increase. Going beyond being an efficient storage repository, sophisticated analytics will use cloud processing to analyse the stored data and provide practical and timely insights.
In 2020, Hanwha Techwin will introduce cloud-based solutions beginning with the Device Health Monitoring Cloud, which will monitor and manage video surveillance devices in real-time. The company will also introduce Retail Insight Cloud which is designed to facilitate store management.
Together with cyber security, Hanwha Techwin believes that the protection of personal data should be integral to the business ethics of a video surveillance company. By its very nature, the video data that’s collected for security purposes almost always contains private information. Therefore, protecting surveillance data is imperative.
Around the world, privacy protection laws are being introduced, such as the General Data Protection Regulation (GDPR) in Europe and the Federal Information Security Management Act in the US. The California Consumer Privacy Act is also set to come into effect in January 2020.
These laws will force the video surveillance industry to follow ‘privacy by design’ Best Practice and renew all efforts designed to protect personal data from misuse and abuse. Organisations are increasingly aware of the dangers of private data breaches and they’re becoming more discerning when choosing security products and solutions.
Hanwha Techwin provides a solution with Video Privacy Management technology and has released its Smart Cover of Privacy line-up to comply with the GDPR globally.
Vertical Specialised Solutions
Vertical markets in the security industry are increasingly requiring more specialised devices and solutions that meet 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 organisations.
Soon Hong Ahn
Hanwha Techwin already provides products for these verticals and plans to expand its line-up of specialised solutions in the very near future to include asset management solutions with IoT technology.
“Advancement in technologies such as Artificial Intelligence, the IoT and the cloud will support new use cases in conjunction with existing devices and solutions to meet customers’ needs in various verticals, expanding the horizon of our industry,” said Hanwha Techwin’s president and CEO Soon Hong Ahn. “However, we must also be mindful of the social and ethical responsibility related to areas such as cyber security and private data protection. Sustained interest and investment in these areas must be regarded as an obligation to make sure our industry continues to thrive in the midst of rapid technological advancements.”