As nations across the region continue to invest heavily in smart and safe city technologies, they are increasingly putting their attention and investments into video surveillance solutions. According to Marketsandmarkets, the global video surveillance market is expected to reach $74.6 billion in five years, signifying that it will continue to grow as organisations recognise the importance of investing in this security segment. In line with this, industry insights have also predicted that the global video surveillance storage industry is poised to reach $58.31 billion by 2027, as securely storing critical data obtained from surveillance cameras becomes vital.
Hyvision Technology is the national distributor of Hikvision solutions in the Gulf. As a security-focused value-added distributor, the organisation has grown from strength-to-strength, owing to its holistic spectrum of optimal surveillance solutions and expertise in catering to a wide range of industries from government to banking, education and hospitality.
Leo Liao, general manager, Hyvision Technology (HTL), discusses how smart video surveillance technologies have evolved to deliver benefits beyond security, and highlights how their partnership with Seagate has enabled them to deliver reliable and innovative offerings.
Please give an overview of Hyvision’s operations.
Hyvision Technology, which is also known as HTL, has been in the security surveillance industry for more than a decade. Headquartered in Dubai, Hyvision is the strategic national distributor for Hikvision catering to UAE, Oman and Bahrain markets. We have extensive industry expertise and have established a robust channel network. Our strong capabilities and vast knowledge on smart video surveillance technologies are what sets us apart in the industry. These qualities have enabled us to emerge as one of the leading value-added distributors of perimeter security products and solutions in the region.
Can you elaborate on your partnership with Seagate?
Seagate Technology is a global leader in data storage and management solutions. With more than 40 years of research and innovation under its wing, Seagate is among the pioneers in data storage. They have a vast understanding of the requirements surrounding the smart video surveillance as well as the data management challenges that this market can face.
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June - July 2020