The domestic security giants' revenues grew steadily in the first half of the year, and the overseas market grew well

Recently, the three major domestic security companies Hikvision, Dahua Co., Ltd., and Univision Technology (Qianfang Technology) have successively released performance reports for the first half of 2018, showing a trend of "three pillars".

Among them, Hikvision achieved total operating income of 20.876 billion yuan (RMB, the same below) as of June this year, a year-on-year increase of 26.92%, and net profit attributable to shareholders of listed companies was 4.147 billion yuan, a year-on-year increase of 26%; Dahua’s total operating income was 9.814 billion yuan, a year-on-year increase of 31.47%, and the net profit attributable to shareholders of listed companies was 1.082 billion yuan, a year-on-year increase of 10.06%; Yushi Technology achieved revenue in the first half of the year 13. 7.6 billion yuan, a year-on-year increase of 67.97%.

The domestic security giants' revenues grew steadily in the first half of the year, and the overseas market grew well

Revenue has grown steadily, and overseas markets have grown well

It can be seen from the semi-annual report data of the security market that these three companies have achieved good results in terms of revenue and net profit in the first half of the year.

The data shows that whether Hikvision is far ahead of the latter two manufacturers in terms of revenue or net profit, it can be seen that Hikvision will continue to be a global security leader in a short period of time; Dahua shares, While revenue increased in the first half of the year, although there was an increase in net profit, it was slightly insufficient; and Yushi Technology achieved good revenue growth in the first half of the year after being acquired by Qianfang Technology.

In addition, in the first half of the performance of Hikvision and Dahua, one-third of their business revenue came from overseas markets. In the first half of the year, Dahua’s overseas revenue accounted for 35.04%, a year-on-year increase of 28.26%; Hikvision’s overseas revenue accounted for 30.16%, a year-on-year increase of 26.7%. The two Companies all pointed out in their semi-annual reports that they will continue to optimize their global marketing network and expand overseas markets. Although Yushi Technology is not as strong as the first two in overseas markets, it still has very strong growth.

Security + AI strategy promotes industrial development

In recent years, the Matthew effect in the security industry has become more and more obvious, but with the introduction of artificial intelligence into the industry, more and more players have entered the market. In addition to Hikvision, Dahua Co., Ltd. and Univision Technologies actively embracing artificial intelligence, BAT, SenseTime, Megvii Technology, and Huawei have entered the security field. Huawei has previously stated that it will achieve the third position in the world in the field of security. According to Huawei's accumulation of technologies in the security field such as chips, big data, cloud services, front-end cameras, algorithms, etc., Huawei has to admit that it is full of confidence in this goal.

In the face of these competitions, these three companies have also begun to deploy security + AI strategies early and have made certain progress. At the same time, it can be seen from the semi-annual reports of the three companies that the security + AI strategy has become a key strategy and development direction in the security field.

Hikvision pointed out in the financial report that under the rapid development of artificial intelligence technology, it will continue to increase R&D investment. Based on the core principles of AI Cloud "edge perception, on-demand convergence, multi-layer recognition, and hierarchical application", the company adheres to the principle of "openness, cooperation, and win-win", and cooperates with partners in various industries to build a new AI Cloud ecosystem, and is committed to promoting the Internet of Things Industry development.

Dahua pointed out that it will actively implement the artificial intelligence strategy of "full intelligence, full computing, full perception, and full ecology", centering on customer business scenarios, enriching the cooperation ecology, and forming a full range of actual combat-oriented artificial intelligence products and solution capabilities.

Yushi Technology said that in the face of massive video data, artificial intelligence technology is particularly important and has gradually become the "big trend" in the security industry. Univision Technology has evolved the three elements of traditional AI into six elements of 3+2+1: algorithms, computing power, data, products, engineering, and solutions, and launched "Universal" based on front-end and back-end intelligence, storage intelligence, central intelligence, cloud intelligence and other technical applications. See the full integration of intelligent solutions", and has been fully implemented at the application level.

With the increasing maturity of artificial intelligence technology, the perfect combination of security + AI is bound to have a positive effect on the entire industry, and the application in the security field will reach a new height. In the future, the rapid implementation of applications such as smart cities, smart transportation, and smart homes will also be the general trend.

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