Ma Huateng, chairman and CEO of Tencent's board of directors, must not have expected that the "dream" discussion triggered by Xiaomi's listing would cause huge controversy in Tencent. Around May 6, with the topic of "Does Tencent have dreams?", Tencent executives, industry experts, and media personalities, including Ma Huateng and Tencent President Liu Chiping, had a fierce confrontation. The conflict focused on "whether Tencent is losing product capabilities and Entrepreneurship, becoming an investment firm.â€
In my opinion, it is not so important whether Tencent has dreams or not. Strictly speaking, the word dream, if it means "feeling", is more applicable to public value than private domain. For enterprises at the meso-level, the definition that the essence of an enterprise is profit is still valid. From the perspective of operators and shareholders, the effective path for enterprise development is to make money. Aside from this essence, talking about dreams and feelings is more about talking about soldiers on paper, empty words and flashy. For security, it is not so important whether Tencent has a dream or not, it is important whether the industry has a distant future!
Security is known as "an invisible real estate market". Behind every camera lies wealth—in Beijing, the city with the highest density of cameras, an average of every 17 people “owns†one camera. In 2016, the market size of China's video surveillance products alone was 96.2 billion yuan. This is only a part of the entire industrial chain, which also includes engineering installation, system operation, big data analysis, service marketing and other links. In 2016, the market value reached 540 billion yuan, affecting 1% of China's GDP. Moreover, this big cake is still expanding rapidly, and multiple data show that it will reach the trillion level in 2022.
In view of the temptation of the huge market volume of the security industry, it will inevitably attract more non-traditional security industry companies to use the sword of artificial intelligence to enter the security circle that has become a three-nation confrontation, and reconstruct the competition pattern of the security industry. In addition, the security market is being upgraded based on artificial intelligence technology, and heterogeneous computing will replace traditional design methods. This means that artificial intelligence startups have at least the possibility of high growth in this market.
At present, the starting gun of the AI ​​competition in the field of security has been fired. Veteran security companies represented by Hikvision and Dahua are increasing their investment in AI technology. Hikvision established a research institute, has launched a full range of intelligent security products, and released the AI ​​Cloud framework at this year's Expo; Dahua Co., Ltd. built a deep learning computing center to form a series of intelligent products based on deep learning; Uniview, Tiandi Weiye, Netpower, etc. have shouted different slogans, but there is only one goal: to seize the opportunity in the AI ​​era.
On the other hand, the high-valued AI upstarts are going all out. So far, AI companies have made great achievements in the security industry: Megvii assisted a city in arresting more than 2,000 people within two months, and participated in large-scale national security projects such as the G20, BRICS Conference, and Boao Forum; Yuncong Technology The facial recognition technology has been applied in 80% of the country's hub airports and 22 provincial and municipal public security organs; Yitu has established the largest portrait comparison database in the country and even the world...
Participating in the security transformation army is far more than the above players. Some AI companies, such as Horizon, Cambrian, and Shenjian Technology, do not compete directly with established security companies, but have launched an impact on the upstream of the industrial chain, the lucrative chip field that is generally in the hands of foreign companies.
For new entrants such as SenseTime, the key to success or failure is the landing effect, and the business model will not be easily copied; for traditional giants, whether they can continue to innovate and evolve is the biggest challenge. In terms of competition, compared with traditional security giants, the advantages of AI startups lie more in the technical level. However, with the former's attention and capital investment in AI, traditional security companies such as Hikvision are gradually closing the technological distance with AI startups. At the same time, it should be noted that in addition to the investment in technology research and development funds and talents, traditional security giants are also striving to build an "AI + security ecosystem" to consolidate their market advantages. Hikvision's previous open AI platform is also verified this. In the AI ​​+ security market, whether it is a traditional security giant or an AI startup, the key to market competition is no longer simply "technology", but more about the construction of "ecosystem", including software and hardware research and development, platform opening and Partner solicitation, etc.
Conclusion: The future has come, but the road ahead is even longer. May China's security industry continue to lead the world in the industrial wave of artificial intelligence + security and benefit all mankind.
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