Artificial intelligence has infiltrated the video surveillance market.
Seagate Technology (STX - Get Report) , a data storage company, on Monday launched its Skyhawk artificial intelligence disk drive, the first drive explicitly developed for AI enabled video surveillance solutions.
The SkyHawk AI provides "unprecedented bandwidth and processing power to manage always-on, data-intensive workloads, while simultaneously analyzing and recording footage from multiple HD cameras," Seagate said.
The disk drive's launch comes as the market for surveillance hardware expands to 126 million shipments in 2021, from just 27.6 million shipments in 2016, according to data from Cropley.
"The use of AI technology in surveillance is steadily increasing - both in the edge and backend installations such as retail fronts and large city traffic management," said Sai Varanasi, VP, product line management at Seagate.
"We are excited to introduce smart, purpose-built SkyHawk AI solutions that expand the design space for our customers and partners, allowing them to implement next-generation deep learning and video analytics applications," Varanasi added.
Shares of Seagate were lower over 1.2% during midday trading on Monday.
More of What's Trending on TheStreet: