VIVOTEK (3454-TW), the global leading IP surveillance solution provider, proactively expands AI security business and announced today that the company has completed integration of AI and its new products, allowing VIVOTEK to build for users more comprehensive AI security solutions. With rich industry experience and capabilities accumulated over 23 years, VIVOTEK has gradually showcased its achievements in the global market and continued to introduce edge computing to front-end cameras and back-end systems in recent years, completely connecting software and hardware technologies and services, while also incorporating optimal user experience and interface to make AI applications more humanistic, hoping to build a safer and smarter living environment. 

According to forecast by market researchers, worldwide spending on AI hardware, software, and services in 2026 will exceed USD 300 billion, equivalent to NTD 9 trillion; moreover, CAGR from 2022 to 2026 is expected to reach 26.5%; the global AI security market is projected to grow pass NTD 400 billion by 2026, at a CAGR of 18.64% from 2021 to 2026, proving that the AI security industry is trending towards rapid development. 

“The rapidly changing situations in the world have made people’s safety needs more diverse,” said Louis Liao, Director of Product Planning at VIVOTEK. “Thus, we need smarter security solutions. To respond to market trends more rapidly and seize the business opportunities in the smart surveillance market, VIVOTEK has launched a series of new-generation products since last year, such as the smart cloud-based surveillance service, Vortex, and the recent VAST Security Station (VSS); moreover, these new products are horizontally integrated through AI technology, utilizing smart surveillance technology to upgrade efficiency of corporate operations and meet customers’ expectations for AI security applications.” 

VIVOTEK AI security solutions rely on edge computing capabilities to significantly enhance image searching speed and precision, and trajectory integrity, giving traditional surveillance services a new scope of application. Also, VIVOTEK relies on three major strengths to grow its market share, including: incorporation of the powerful Deep Search, which helps users to quickly spot people or vehicles in the video using big data, or carry out one-key search based on information like gender, age, and color of clothing, or car model and color; the smart image analysis technology, Smart VCA, which proactively alerts abnormal events through automatically triggered response mechanism by moving trajectories of men and vehicles; and outstanding image clarity that offers top-quality real-time images, enhancing credibility of evidence investigation. 

Seizing AI security business opportunities, VIVOTEK introduces AI analysis and edge computing to its new products and services, horizontally connecting its two flagship products of smart cloud-based surveillance service VORTEX and VSS. Marking the first time VIVOTEK ventures into the SaaS subscription market, Vortex is a smart cloud-based surveillance service that integrates AI network cameras and cloud-based image management SaaS; VSS is a surveillance station that combines AI edge-computing capability, supporting diverse types of smart image analysis. Through highly integrated AI technology, VIVOTEK easily overcomes safety pain points and constructs 360-degree AI security solutions. 

To expand application scenarios of AI security solutions, VIVOTEK deploys on diverse platforms and cooperates with strategic partner Milestone. Through seamless integration of AI technology and Milestone’s XProtect surveillance platform, VIVOTEK will further help global customers to develop their desired smart surveillance solutions more comprehensively and flexibly, satisfying security needs in different environments. For more information, please visit VIVOTEK official website: https://www.vivotek.com/ai-driven/deep-search