Why AI and Cloud are Topping 2022 Trends Lists

[Kathleen Martin]

It is the time of year for reflections, resolutions, predictions and lists. News stories about trends are everywhere, with tips about getting businesses on track for success in 2022. Two trends dominating lists this year are artificial intelligence (AI) and cloud. In the physical security industry the number of security resellers incorporating cloud video surveillance and AI into their business offerings continues to increase. Many resellers are in the process of evaluating newer technologies and business models. Below are four reasons why AI and cloud are topping the 2022 lists, and what it means for security resellers. 1. Security cameras can do more than collect dust Omdia projected that 2021 would be the year that global video surveillance market revenues reached $24 billion, and the year we would surpass one billion security cameras globally. Impressive stats for sure, but those of us who work in the security industry know that the majority of security cameras do not provide proactive security they are simply recording video. More than one billion security cameras are generating video data which is costly to store, and difficult—if not impossible—to interpret or learn from. Fortunately, the cloud can economically and securely store and analyze video data. Even more important, in the cloud, we can make sense of video data. We can learn from it. Meaningful information can be extracted from video to improve customer service, supply chain management and logistics. It can reduce waste, increase efficiency, and more. Another bonus: True cloud video surveillance systems can re-use existing security cameras and infrastructure. There is no rip-and-replace necessary. 2. AI is out of the lab — it is ready In recent years, AI has become a popular and often misused term in video surveillance. In many cases, “AI” became a new name for typical video analytics. The reality is that the deployment of AI is just beginning, but it is no longer just a buzzword. AI is out of the lab and deployed in the real world. Neural networks and AI training make it possible to get more accurate solutions than in the past, and to deliver features such as video search.
Continue reading: https://securitytoday.com/articles/2022/01/27/why-ai-and-cloud-are-topping-2022-trends-lists.aspx