Digital Transformation of Security Industry: Connotation, Realistic Dilemma, and Promotion Path-Taking Hikvision as an Example​

DOI: https://doi.org/10.62517/jbm.202609110

Author(s)

Yuting Liu

Affiliation(s)

Glasgow International College, Anderson College, 56 Dumbarton Road, Glasgow, G11 6NU, United Kingdom

Abstract

In the era of the digital economy, the security industry is undergoing a critical transition from traditional models to digitalization and intelligent transformation. Taking Hikvision Digital Technology Co., Ltd. as a case study, this paper systematically explores the essence, challenges, and implementation pathways of digital transformation in the security sector. First, it defines the core concept of digital transformation as achieving a shift from equipment manufacturing to intelligent Internet of Things solutions through technological, operational, and organizational innovation. Second, by analyzing Hikvision's practices, it examines real-world challenges in technology research and development, market adaptation, organizational management, and data security. Finally, the study distills successful experiences and proposes transformation pathways applicable to both the security and manufacturing industries. This research contributes to expanding digital transformation theories and provides actionable insights for industry practitioners.

Keywords

Security Industry; Digital Transformation; Hikvision; Smart Internet of Things; Transformation Path

References

[1] Zhang Qi et al. (2023). Digital Transformation and Corporate Competitiveness. Management World. [2] China Security Products Industry Association. (2024).2024 Global Security Industry Market Analysis Report. [3] Hikvision Digital Technology Co., Ltd. (2024). Annual Report of Hikvision Digital Technology Co., Ltd. 2024. [4] Li Gang, et al. (2022). Research on innovative models in the security industry. China Security. [5] Wang Rui et al. (2023). Hikvision's Technology Innovation and Enterprise Value: A Study. Science and Technology Management Research. [6] Liu Chang et al. (2024). Analysis of the Path of Service-oriented Transformation in Manufacturing Industry. China Industrial Economy. [7] Zhao Xin et al. (2023). Risk Identification and Response in Enterprise Digital Transformation. Enterprise Management. [8] Chen Chen et al. (2024). Research on the Evolution of Industry Competitive Landscape. Economic Research. [9] Smith, J., & Brown, A.[9] Smith, J., & Brown, A. (2021). The core of digital transformation: Information technology drivers. Harvard Business Review. [10] Brown, A., et al. (2023). AI applications in security and efficiency enhancement. International Journal of Security Studies. [11] Miller, K., et al. (2022). Data security and privacy protection in the digital era. Journal of Cybersecurity. [12] State Council. (2021). "14th Five-Year Plan for Digital Economy Development". Beijing: People's Publishing House.