GSN_Nov-Dec_FINAL_Yumpu

“The First Partnership is with the
customers, and how do we create
competitive products for them;
“The Second Partnership is the
employees’ performance in fulfilling
the mission of creating value for
competitive products;
“The Third Partnership is that the
company gives respect to the employees
and develops everyone into
an international company. There are
different laws and cultures that are
different from country to country,”
Mr. Hu pointed out. “But we have to
make sure, he adds, that all employees
are offered the same rewards
and respect, while still following the
laws and cultures of their countries.
“The Shareholders are the Fourth
Partner, and Hikvision has been
paying dividends for shareholders
for years, often as high as 48%
of profits,” according to Mr Hu. But
he still feels that the most important
requisite to healthy dividends is
when the employees and customers
are happy. Corporate growth is the
health of the company.
Paul Ragusa, Editor of Security
Systems News, asked Mr. Hu “What
excites you about the company and
its future,” to which Mr Hu responded,
“We’re excited about the next ten
years. We’re full of hope about this
industry. Video – but not just in security
– in many other areas, Robots
for example. We’re developing automation,
so there are lots of things to
do. 50% of our brain is about new.”
In a follow-up question from Ragusa
about new products in the
works, Mr Hu answered, “The traditional
way was to compress. Now
we upgrade. We recognize different
algorithms. We use data. We have a
new product ‘Black Light’ and we’re
also demonstrating new developments
in video. We’re learning artificial
intelligence and its applications,
using retail and learning a lot
of about who is who.
Since our publication Government
Security News has a strong focus
on transportation, as well as an
annual Awards Program on Airport,
Seaport, Border Security and Immigration,
all of which are also core
markets for Hikvision, our question
to Mr. Hu was simply, “What new
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products and technologies is Hikvision
expecting to deliver in 2017
in the Airport/Aviation, Maritime/
Seaport, Railroad, Border Security
and Immigration markets and as
well as national Energy, Water, Gas
and Oil Grids, and how are you
dealing with Cybersecurity, which
pertains to all of the technologies in
which Hikvision is involved.”
As expected, the response from
Mr. Hu was very interesting and
informative, starting off with Cybersecurity,
which he agrees is a big
challenge, not only for manufacturers,
but also for integrators. “In 2014
we established network security and
cybersecurity to minimize impact
of relation with companies working
with integrators, not only in design,
but also in firewalls if needed. We
try to think from a user perspective.
We need to understand the customer.
We believe that success is 30%
produced by technology and 70%
by good management.”
Mr Hu continued: “We’ve created
improvements in airports, seaports
and borders by adding facial recognition
in airports and seaports and
thermal products in borders, and
our power grids are getting more
secure because we’re now moving
power lines underground. Hikvision
is also using drones and providing
training to integrators in dealing
with forest fires and high towers set
up long range, as strong drones may