Quantum hit the jackpot at the ISC West 2017 conference in Las Vegas this year, coming away with two coveted security industry awards for video surveillance data storage. StorNext® data management software won top honors from the Security Industry Association (SIA) as category winner in the New Product Showcase (NPS). In addition, StorNext also received the Platinum Govies Government Security award given by Security Today magazine.
Today, video surveillance cameras are commonplace, and transportation agencies and businesses are benefiting from advanced technologies that are now widely available. Detailed images can be produced, with more activity captured by multi-sensor HD cameras, and facial recognition applications can also be used to identify criminal suspects. But, analytics are no longer just limited to security applications.
Administrators and security professionals at education facilities responsible for formulating policies and procedures to help ensure the safety of students, staff and property are continually searching for more effective and cost-efficient solutions. Perhaps the most significant challenge they face is in identifying the best specific surveillance and security solutions available within their budget that deliver the highest return on investment and lowest total cost of ownership.
Not long ago, storing video surveillance data typically depended on expensive primary disk. Few organizations could afford to retain data this way for a significant period of time – many would retain data for as little as 30 days. As a result, these organizations missed the opportunity to leverage their valuable data assets effectively with today’s advanced analytical tools. This was the first challenge Quantum and Milestone set out to address.
If you’ve ever used the fingerprint scanning feature to access your smartphone, you’re familiar with biometric technology. Biometrics—the use of biological (physical and behavioral) characteristics such as fingerprint, face, and iris scanning to perform identity verification—is a maturing field, and applications of the technology are expected to grow in the years ahead. In fact, it’s predicted that biometrics will be used to authenticate 25% of all electronic transactions worldwide by 2020, according to International Data Corporation (IDC).
2016 saw video surveillance and security increasingly become the focus of mainstream media conversations, with video playing a pivotal role in bringing terror suspects to justice (as it did recently in NYC) and with police body worn cameras capturing sometimes controversial incidents that spark national conversations. Behind the camera, technology has continued to evolve and storage has become an even more important consideration for anyone implementing a surveillance and security system. Integrators, resellers, vendors, and end-users can look to 2017 as a time of vigorous change for video surveillance and security.
In 2017, it’s predicted that 850PB of new surveillance data will be generated daily worldwide. As the amount of video being produced increases, camera resolutions improve, and retention times become longer, it’s imperative to understand how video storage is at the foundation of this transformation. Watch our on-demand webinars to learn how Quantum’s multi-tier storage solutions can scale with changing storage demands. Check out the Top 5 Surveillance Webinars of 2016:
Innovation in Retail: How Using Video-Based Data to Deliver Better In-Store Experiences is Impacting Storage
Video surveillance is a mainstay in the retail industry. For years it’s been a vital tool, aiding retailers in security and loss prevention efforts. But, retailers know the value of surveillance footage is not limited to ordinary security applications, so they are continuously pursuing innovative ways to turn raw video into “video-based data.” These efforts are driving a need for more storage capacity. In fact, storage capacity used for video surveillance applications is projected to grow at 39.1% compound annual growth rate (CAGR) from 2014–2019. If these predictions are correct, over 221 petabytes (PB) of storage capacity will be shipped to the retail sector in 2019 (IHS—2015 Retail Sector Statistics: Americas).
Video Surveillance and Predictive Analytics: A Science-Based Approach to Policing in the 21st Century
According to International Data Corporation (IDC), big data and business analytics generated nearly $122 billion in revenue worldwide in 2015. And that’s a fraction of what it’s expected to reach in the next five years. Based on its projections, IDC expects the big data business to reach $187 billion in 2019 (IDC press release). Why the growth? In large part, it’s due to the potential of predictive analytics.
This month, I attended Security Canada — the largest surveillance and security show north of the United States. The show floor was bustling with security integrators, end users, and even students from nearby universities hoping to learn more about the security industry. Inspired by the students, I decided to sit in on a couple of sessions to learn more about the surveillance and security market, and particularly how it differs in Canada compared to the United States. One particular session piqued my interest, Video Surveillance and the Law. Expecting to learn about the Royal Canadian Mounted Police, I instead listened to the unique perspective of a lawyer who is well-versed in cases focused on surveillance and video evidence.
Did you know that the global market for security system integrators will grow to $75.7 billion by 2020, up from $60.3 billion in 2015 (source: IHS Markit)? It only makes sense that just as the security and surveillance industry continues to transform with the move to higher resolution cameras, longer data retention times, and the increase in usage of analytics, that the security system integrators market would also transform. What these integrators may have built their business on—manned guarding, alarm and fire detection, and so on — is quickly changing to focus more on the technology solutions they can provide to their customers.
Technological change is redefining efficiency in many use cases, from retail to health care, and government to city surveillance. With the availability of new devices that can capture large amounts of data, one particular use case has begun aggregating video content at a rapidly increasing rate — law enforcement. The proliferation of body-worn cameras imposed by government mandates is adding to the many camera streams coming from police car dashboards, interview rooms, and sally ports that provide valuable insight to law enforcement agencies.