Movidius, a leader in embedded machine vision technology, recently announced its partnership with Hikvision, a Chinese company commanding a 19.5% of market share in the global video surveillance industry. With the goal of providing better artificial intelligence to smart cameras, Hikvision will incorporate Movidius’ deep neural network processing chip, the Myriad 2 Vision Processing Unit, into a new line of smart cameras.
“Advances in artificial intelligence are revolutionizing the way we think about personal and public security,” says Movidius CEO, Remi El-Ouazzane. “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.”
Hikvision claims 99% accuracy in their advanced visual analytics applications. They can be used in a smart city in various ways, such as car model classification, intruder detection, suspicious baggage alert, drivers distracted by mobile devices, and seat-belt detection. As an embedded technology, the Myriad 2 chip will function in real-time within the camera, rather than being sent to the cloud for analysis.
Hu Yangzhong, CEO of Hikvision, stated, “there are huge amounts of gains to be made when it comes to neural networks and intelligent camera systems. With the Myriad 2 VPU we’re able to make our analytics offerings much more accurate, flagging more events that require a response, while reducing false alarms. Embedded, native intelligence is a major step towards smart, safe and efficiently run cities. We will build a long term partnership with Movidius and its VPU roadmap.”