International. Hanwha Techwin presented its forecast on the 5 most relevant trends in the security industry in 2020: comprehensive Solutions for Artificial Intelligence (AI), Cybersecurity, Cloud-Based Data Insights, Privacy Protection, and Specialized Vertical Solutions.
Here is a description of each of these trends:
Integral Artificial Intelligence Solutions
As AI becomes increasingly common in different industries, it will be further incorporated into video surveillance this year. The AI built into the cameras, which allows data to be filtered and processed locally on the equipment itself, will be ubiquitous and will allow the use of comprehensive AI technology. Today, most security cameras transmit the data they have captured to servers for further analysis. However, with the AI built into 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, thereby increasing efficiency, saving time and reducing the costs associated with data analysis.
Cybersecurity
With the proliferation of IoT devices, cybersecurity has become a critical issue. Today's cyberattacks are smarter and more advanced than ever, so building cybersecurity systems resistant to cybercriminals is no longer an option, but a must.
Smart cities, factories, financial institutions and retailers today require scalable video surveillance solutions that are closely interconnected with other devices and networks, making the importance of cybersecurity paramount.
Hanwha Techwin says it has been perfecting the technology from the beginning. Wisenet 7, which will be released soon, is the latest version of the brand's SoC (System on Chip). It has been designed with robust cybersecurity features, including a secure boot function and signed firmware for both software and hardware. Validated by the Cybersecurity Assurance Program (UL CAP) certification, Wisenet 7 ensures that users have access to the industry's most advanced cybersecurity features.
Cloud-based data insights
According to IDC, a provider of market intelligence in information technology, there will be around 175 zettabytes of data in the world by 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 easily 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.
In 2020, Hanwha Techwin will introduce cloud-based solutions from Device Health Monitoring Cloud, which will monitor and manage video surveillance devices in real time. The company will also present Retail Insight Cloud, designed to facilitate the management of stores.
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. Therefore, protecting surveillance data is mandatory.
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 (FISMA) in the United States. The California Consumer Privacy Act (CCPA) will also go into effect in January 2020. 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. Nationally, Hanwha Techwin provides a solution with VPM (Video Privacy Management) technology and has launched its S-COP (Smart Cover of Privacy) range to comply with the GDPR globally.
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 4th industrial revolution, the presence of smart vertical markets will become more prominent, and video surveillance companies must be ready to provide solutions for smart cities, factories, transportation organizations, and retailers.
Hanwha Techwin says it 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.
"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 the needs of customers in various vertical markets, expanding the horizon of our industry. However, we must also be aware of the social and ethical responsibility related to areas such as cybersecurity and the protection of private data. Sustained interest and investment in these areas should be considered an obligation to ensure that our industry continues to thrive amid rapid technological advances," said Hanwha Techwin President and CEO Soonhong Ahn.
