As technology improves, the various applications that serve our society improve as well. Over the past few years, security — and video surveillance, in particular — has been one of the more interesting areas to watch. Knowing where things stand can help you be a more informed consumer.
Shining a Light on Physical Security
At the moment, everyone in the business world wants to talk about cybersecurity — and rightly so. The threat of data theft, ransomware attacks, website hacking, and viruses make cybersecurity paramount in any organization’s pursuit of keeping data safe and staying profitable.
Research has shown that 60 percent of small businesses go out of business within six months of a cyber attack, and a separate study reveals that the average cost of a data breach in the U.S. is $7.35 million.
While cybersecurity is certainly an important part of the security industry, it would be a shame to ignore physical security. There has never been a greater need for advanced physical security than now, and the technology is advancing at a rapid pace.
One area that’s worth watching is video surveillance, which has undergone significant transformation over the past few years.
4 Trends in Video Surveillance
It’s easy to become so focused on cyber threats that all we do (as homeowners, business owners, and individuals) is think about virus protection, website security plugins, changing passwords, and being careful with links we click in email attachments. But the truth is that we face just as many threats in our everyday lives.
According to the FBI, a U.S. home burglary occurs every 13 seconds, 2,500 cars are stolen per day, and only 13 percent of reported burglaries are ever solved (usually because of a lack of physical evidence or witnesses). Additional data from Chicago-based insurance agency Insureon shows that 8.8 percent of small businesses suffered from burglary or theft in 2016.
In other words, physical security threats are real — and they’re all around us.
In an effort to better understand, combat, prevent, and solve crimes like these, security and tech companies have poured time, money, and innovation into developing new and better video surveillance technology.
Here are some of the things they’re working on:
1. Cloud Means Affordability
“It used to be that the average homeowner couldn’t afford quality surveillance technology, which left most homes susceptible to a greater risk of criminal activity,” 123-CCTV explains. “Today, the technology is better and more affordable, which means anyone, anywhere can protect their property with very little upfront investment.”
Much of the affordability of advanced video surveillance technologies has to do with advances in the cloud. Whereas homeowners once had to hardwire all of their cameras to a physical device with very limited storage, it’s now possible to place wireless cameras anywhere and effortlessly archive all footage to the cloud.
2. Artificial Intelligence
“Driven by the research-and-development investment from chip vendors, software startups and major video surveillance vendors, deep learning video analytic algorithms have been developed into fully deployable products, with user-friendly interfaces and scenario-focused solutions,” Security Sales & Integration explains.
As an example, deep learning face-recognition algorithms now exist and can help law enforcement pick out individuals from video footage. It’s also possible for certain surveillance technology to identify suspicious behavior and alert the appropriate people to what’s happening.
3. Multi-Sensor Cameras
“Multi-sensor cameras may be the hottest imaging trend to hit the professional surveillance market since the introduction of IP cameras,” Jennifer Hackenburg writes for Security Info Watch. “Multi-sensor, and now multi-directional multi-sensor cameras, provide a means of accomplishing wide area coverage with extreme cost-efficiency — without compromising image quality.”
Multi-sensor cameras are especially popular in large, heavily populated areas — such as busy city blocks, airports, or mall food courts — but they’re also becoming more common in home security. Homeowners can purchase just one or two cameras, as opposed to five or six. Not only does this make home security more cost-effective, but it also reduces the risk of there being blind spots between cameras.
4. Advanced Video Analytics
Most people assume that video surveillance is all about identifying criminal activity and catching the individuals responsible for it, but this is only part of what happens. Thanks to advanced video analytics, businesses can use video for a myriad of other applications.
For example, many businesses use advanced video analytics to study what’s happening in their warehouses and production facilities. Using the data from the video, they can track patterns and trends, identify points of friction, and maximize output. It’s game-changing technology.
Adding it All Up
The trends in video surveillance are exciting and promising. They also prove that cyber security isn’t the only focus of the industry. There’s a lot of innovation going on behind closed doors, and the hope is that this proliferation of new technology will result in a safer tomorrow.
Larry Alton is a professional blogger, writer, and researcher. A graduate of Iowa State University, he's now a full-time freelance writer and business consultant. Currently, Larry writes for Entrepreneur.com, Inc.com, and Forbes.com, among others. In addition to journalism, technical writing and in-depth research, he’s also active in his community and spends weekends volunteering with a local non-profit literacy organization and rock climbing. Follow him on Twitter (@LarryAlton3), at LinkedIn.com/in/larryalton, and on his website, LarryAlton.com. To read more of his reports — Click Here Now.
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