Intel sets up global video unit in China as it eyes huge volume of data and country’s IoT drive
- The increasing deployment of cameras, for security and surveillance usage to broader areas like retail and manufacturing, has led to an explosion of video data
- The IoT video business unit is the first time Intel has headquartered a business division in China
Intel Corporation has established a video business unit with China as its global headquarters, as the US tech giant eyes the country’s broad deployment of cameras and booming volume for video data.
The IoT video business unit, established this year in Shanghai, is the first time Intel has headquartered a business division in the country, Chen Wei, vice-president of Intel’s Internet-of-Things (IoT) Group and head of the group’s China operations, said at the Intel IoT Executive & Solution Summit in Yinchuan on Tuesday.
“China is nearly a decade ahead of the world in terms of video businesses, as many ... are still in the transformation from analogue to digital video,” said Chen, adding that the company’s experience in the country will help its global video expansion.
The increasing deployment of cameras recently, from security and surveillance usage to broader areas like retail, transport and manufacturing, has led to an explosion of video data over the past 10 years, Chen said.
06:57
Spycam hunter in China helps people find hidden cameras in their homes
“The past decade has seen exponential data growth, and videos account for 80 per cent of the data process through edge computing,” said Chen, adding that this has placed a huge load on the computing and network infrastructure needed to process the data.