SK Holdings C&C, an IT services arm of SK Group, will converge physical security technology for houses and buildings with advanced technology, including the Internet of Things (ioT), to increase security and push into the global market through the new convergence security solution.
SK Holdings C&C signed a memorandum of understanding (MOU) with Namoo I&C at its headquarters in Bundang, Gyeonggi Province, on June 22 to jointly export converged security technology overseas. To this end, the company will make use of its Watz Eye, which has planted itself as one of the best convergence physical security solutions in Central Asia and the Middle East.
Watz Eye has been applied to various convergence physical security solutions and services such as city control, traffic control, facility control and air control, after it first entered the Central Asian market in 2012. The solution has turned over more than 100 billion won (US$87.49 million) around the world up to date.
SK Holdings C&C will also add the Core Code, a data solution, to Watz Eye in order to expand overseas businesses by improving the level of completion of the converged physical security solution. The Core Code developed by Namoo I&C collects and combines various forms of security data from numerous surveillance systems, including closed-circuit television (CCTV) and sensors, in a standardized and consistent manner. Based on it, Watz Eye can prevent crime and traffic accidents in the future.
Kim Joong-soo, director of the solution lab at SK Holdings C&C, said, “We will use Core Code’s data integration technology as a core function of Watz Eye. With the combination of Watz Eye and Core Code, we will provide a higher standard of integration physical security control services which can not only monitor and respond to incidents and accidents but also issue foreseeing alarm according to changes of security data.”