Global Investments in Public Security to Climb $8billion By 2019

 

A recent research report released by IHS, has shown that the global investment in public security solutions has exceeded $5.5 billion and estimated that the number would increase to $8 billion by 2019.

According to the report, more companies are investing in public security for a smarter and safer society, Thisday reports.

Huawei, a global Information and Communications Technology (ICT) solutions provider, is one company that is creating global awareness on smarter and safer society for the entire globe and it has officially unveiled its Integrated Communication Platform (ICP) that will boost smarter and safer society.

The solution, which was launched at the recently concluded Huawei Connect 2016 Global Safe City Summit in Shanghai, China, is a new addition to Huawei’s range of Safe City solutions featuring extensive connectivity and high visibility. The platform can pick up alerts from various channels via social media, Internet of Things (IoT) and can also quickly and extensively access videos.

It enables fast response and handling of security alerts, streamlined coordination of different first responder departments, and granular, informed command decisions. The solution, according to Huawei, would make cities safer for people.

The Global Safe City Summit attracted over 1,500 attendees from government departments, standards organisations, consultancy firms, and Huawei’s industry partners.

The summit featured discussions on the use of innovative technologies such as cloud computing, Internet of Things, mobile broadband, and video. Participants said the security industry must become smarter and cloud-based to develop proactive, integrated, fully visualised safe city systems.

President of InterPol, and Commissioner of the Singapore Police, Khoo Boon Hui, who spoke on how the solution can shape the world, said across the world, police and security agencies recognise that traditional security analogue practices no longer meet the needs of modern cities.

“In today’s digital economy, a variety of new security threats have emerged. We need to evolve from building urban security systems to enhancing collaborative public security. We must keep pace with rapid societal and technological changes, and improve security arrangements for inter-agency collaboration as well as deepen police-public cooperation,” Hui said.

According to him, technologies such as IoT, LTE, cloud, and big data analytics help security agencies to quickly develop strategies, improve security infrastructure, and control costs.

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