China’s Hikvision taps Movidius to bring better A.I. to smart cameras
Movidius has cut a deal with China’s Hikvision to bring better artificial intelligence to smart cameras. Under this deal, Movidius will provide deep neural network processing to Hikvision’s line of smart cameras.
The partnership noted that the video surveillance market is on the rise, with worldwide unit sales expected to grow 7 percent in 2016, according to market researcher IHS. About 46 percent of the revenues will come from the Chinese market, where surveillance is a fact of life. Overall, 66 million network cameras are expected to ship globally. And 28 million high-definition closed circuit TV cameras will be shipped this year.
Hikvision will use Movidius’ chip, the Myriad 2 Vision Processing Unit, in a new line of smart cameras. Myriad 2 will provide deep neural network processing to bring better accuracy in video analytics. Meanwhile, Intel is in the process of acquiring Movidius in a deal that is expected to close in 2017.
Deep Neural Networks are rapidly replacing traditional computer vision approaches, allowing security systems to automatically detect anomalies such as suspicious packages, drivers distracted by mobile devices, and intruders trying to access secure locations. Running deep neural networks has historically forced cameras to depend on additional computing power in the cloud. But the low-power Myriad 2 VPU can now run these advanced algorithms in the camera itself.
“Advances in artificial intelligence are revolutionizing the way we think about personal and public security,” said Movidius CEO Remi El-Ouazzane, in a statement. “The ability to automatically process video in real time to detect anomalies will have a large impact on the way cities’ infrastructure are being used. We’re delighted to partner with Hikvision to deploy smarter camera networks and contribute to creating safer communities, better transit hubs, and more efficient business operations.”
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