Hanwha Techwin Partners with Nvidia on
- Hanwha Techwin to combine its security capabilities with Nvidia's AI technology to gain competitive edge in the Fourth Industrial Revolution
Hanwha Techwin has teamed up with Nvidia Corporation¹ and forged a global partnership to strengthen their competitiveness in the security business.
¹ Nvidia Corporation
The intelligent video analysis platform conceptualized by Nvidia is an operating platform that installs a deep-learning-based GPU in security products such as a camera and an image storing device to transmit data more efficiently.
Hanwha Techwin plans to integrate this technology into AI-enabled cameras and storage devices so that they would also be able to self-recognize and capture irregular or suspicious activities.
The technology would be capable to assist in traffic control and alert emergency situations in urban surveillance. In retail stores, it could study customers' shopping patterns and organize the choices they make to provide insight and marketing data. Security cameras enabled with the intelligent video analysis platform would not only provide video imagery but also analytic data that could replace the perceptivity of humans faster, more consistently, and more accurately.
"The collaboration with Nvidia is part of our global business strategy to increase our security competitiveness by augmenting our products with artificial intelligence, in time for the Fourth Industrial Revolution," said Hanwha Techwin's Security & Machinery Solution Business Group CEO Man-Seob Lee. “We will be able to offer top-class security products and solutions to customers while building the momentum we need to conquer the global market."
Founded in 1952, Hanwha has grown quickly by anticipating and responding to changing business environments with a balanced business portfolio that includes energy & materials, aerospace, finance and retail & services. Our expertise and synergy in key areas have catapulted us into the seventh-largest business in South Korea and a Fortune Global 500 company. Hanwha continues to grow rapidly as we strive to pursue global leadership in all of our businesses. We are building a robust foundation for sustainable development and a brighter future for everyone.
For more information, visit: www.hanwha.com
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