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Cybersecurity · head to head

Hanwha Vision vs MetricStream

Hanwha Vision logo

Hanwha Vision

Cybersecurity

Korean camera maker whose Wisenet WAVE VMS licences are perpetual per channel with no annual renewal

From
On request
Rated
-
Full reviewWebsite
MetricStream logo

MetricStream

Cybersecurity

Enterprise GRC suite for large regulated organisations, with implementation costs that exceed the licence

From
On request
Rated
-
Full reviewWebsite

The short version

  • Each has a real cost: Hanwha Vision nDAA compliance is confirmed per model and per bill of materials rather than across the brand, and TAA status depends on whether a specific unit was made in Korea or Vietnam, so a buyer with procurement obligations must get both stated on the quote rather than relying on a brand-level claim.; MetricStream implementation typically costs one and a half to two and a half times the first year licence, so a one million dollar licence carries a one and a half to two and a half million dollar rollout that rarely appears in the initial business case.
  • They diverge on capability: Hanwha Vision covers Wisenet WAVE VMS, MetricStream covers Enterprise and operational risk.
  • Prices and features above were last checked on 1 September 2026.

Where they differ

Only the attributes on which Hanwha Vision and MetricStream actually diverge.

Attributes where Hanwha Vision and MetricStream differ
AttributeHanwha VisionMetricStream
Pricing modelOne-time purchasequote
PlatformsWindows, Linux, Web, iOS, AndroidWeb

Identical on both: starting price (On request), free tier (No), user rating (Not yet rated), category (Cybersecurity).

What each one covers

Drawn from each product's published feature list. An absence here means we hold no record of it - not that the product lacks it.

Only in Hanwha Vision

  • Wisenet WAVE VMS
  • On-camera AI
  • NDAA and TAA positioning
  • Multi-site management
  • Open platform
  • Wisenet cameras and recorders
  • Cybersecurity hardening
  • Integration licences

Only in MetricStream

  • Enterprise and operational risk
  • Regulatory compliance
  • Internal audit
  • Third-party risk
  • Cyber risk quantification
  • Policy and case management
  • Content libraries
  • ESG reporting

What people use each for

The jobs each tool is most often brought in to do.

Hanwha Vision

  • A federal agency or federal contractor whose procurement rules exclude Section 889 covered manufacturersnot MetricStream
  • A school district that wants a fixed one-time software cost rather than a per-camera monthly subscriptionnot MetricStream
  • A site running 200 cameras for a decade where a cloud subscription would cost several times a perpetual licencenot MetricStream
  • An integrator standardising on one manufacturer for cameras, recorders and VMS to simplify supportnot MetricStream

MetricStream

  • A multinational bank mapping one control set against obligations from several regulators and needing to evidence the mapping to examinersnot Hanwha Vision
  • An insurer consolidating separate risk, audit and vendor systems that currently produce contradictory numbers to the boardnot Hanwha Vision
  • A pharmaceutical company that must track regulatory change across jurisdictions and show what each change affectednot Hanwha Vision
  • An organisation whose three lines of defence must share one risk taxonomy rather than three overlapping spreadsheetsnot Hanwha Vision

Where each one falls short

Documented limitations, not opinions. Every one is a constraint you would hit in normal use.

Hanwha Vision

  • NDAA compliance is confirmed per model and per bill of materials rather than across the brand, and TAA status depends on whether a specific unit was made in Korea or Vietnam, so a buyer with procurement obligations must get both stated on the quote rather than relying on a brand-level claim.
  • Perpetual licences mean you own the servers, storage and patching, so the cost avoided on subscription reappears as IT labour and a hardware refresh every five to seven years.
  • Hanwha publishes no list pricing and sells through distributors, so the perpetual-versus-subscription comparison it wins on paper still requires a distributor quote to verify.
  • Wisenet WAVE is a solid mid-market VMS but does not match Genetec or Milestone on enterprise features such as federation across independently owned systems, scripted operator procedures or deep access control unification.
  • Hanwha Vision is part of Hanwha Group, a large Korean conglomerate spanning defence, chemicals and finance, so the video business is one line among many and roadmap priority is set at a corporate level well above the security division.

MetricStream

  • Implementation typically costs one and a half to two and a half times the first year licence, so a one million dollar licence carries a one and a half to two and a half million dollar rollout that rarely appears in the initial business case.
  • Full deployment takes six to eighteen months, during which the organisation runs old and new processes in parallel and the promised efficiency gain is negative.
  • Per-user pricing in the low thousands per year per seat discourages giving access to the first line of defence, which is precisely where risk data originates, so many deployments end up with data still arriving by spreadsheet.
  • Configuration flexibility comes at the price of specialist skills, and organisations become dependent on MetricStream partners or a small internal team, making later changes slow and expensive.
  • The interface and workflow feel enterprise-heavy next to modern compliance tools, and infrequent business users find it hard, which suppresses the participation the platform is meant to enable.

Pricing, plan by plan

Hanwha Vision

On request
  • Wisenet WAVE channel licence$undefined/year
    • Perpetual per-channel licence that does not expire once activated
    • No annual renewal fee to keep the system running
    • Sold singly and in 4, 8, 16, 24 and 48 channel bundles

MetricStream

On request
  • MetricStream GRC$undefined/year
    • Enterprise risk, audit, compliance and third-party modules
    • Regulatory content libraries
    • Multi-entity and multi-jurisdiction support

Which should you pick?

Choose Hanwha Vision if

  • You need wisenet wave vms.
  • You work on Windows, Linux, Web, iOS, Android.
  • You also want on-camera ai.
Hanwha Vision review

Choose MetricStream if

  • You need enterprise and operational risk.
  • You also want regulatory compliance.
MetricStream review

Questions people ask

Is Hanwha Vision or MetricStream better?
Neither clearly leads. Hanwha Vision starts at On request and MetricStream at On request, and user ratings are close enough to be indistinguishable. Choose on capability and platform support.
Which is cheaper, Hanwha Vision or MetricStream?
Hanwha Vision starts at On request and MetricStream at On request.
Does Hanwha Vision or MetricStream run on more platforms?
Hanwha Vision runs on Windows, Linux, Web, iOS, Android. MetricStream runs on Web.
What is Hanwha Vision best used for?
Hanwha Vision is most often used for a federal agency or federal contractor whose procurement rules exclude section 889 covered manufacturers, a school district that wants a fixed one-time software cost rather than a per-camera monthly subscription, a site running 200 cameras for a decade where a cloud subscription would cost several times a perpetual licence, an integrator standardising on one manufacturer for cameras, recorders and vms to simplify support. Of those, a federal agency or federal contractor whose procurement rules exclude section 889 covered manufacturers and a school district that wants a fixed one-time software cost rather than a per-camera monthly subscription are not what MetricStream is typically brought in for.
What can Hanwha Vision do that MetricStream cannot?
Hanwha Vision covers Wisenet WAVE VMS, On-camera AI, NDAA and TAA positioning, Multi-site management. MetricStream covers Enterprise and operational risk, Regulatory compliance, Internal audit, Third-party risk.

Answered from the vendors’ own pages

Hanwha Vision: Is Hanwha Vision NDAA compliant?

Hanwha is a South Korean manufacturer and is not among the Section 889 covered entities, which are Hikvision, Dahua, Huawei, ZTE and Hytera, and its cameras do not use banned Chinese system-on-chip processors. Confirm compliance per model on the quote.

MetricStream: What does MetricStream cost?

It is quoted. Market data suggests roughly 75,000 to 150,000 US dollars a year for small enterprise deployments, 250,000 to 500,000 for medium and 750,000 upwards for large.

Hanwha Vision: Are Wisenet WAVE licences subscriptions?

No. Channel licences are perpetual and do not expire once activated, with no annual renewal fee.

MetricStream: How long is implementation?

Six to eighteen months for a full platform deployment, and the services cost usually exceeds the first year licence.

Hanwha Vision: Is Wisenet WAVE the same as Nx Witness?

It is built on the Network Optix platform, so the two share a common core, with Hanwha adding its own camera integration and support.

MetricStream: Is it right for a mid-market company?

Usually not. Its depth suits organisations with several regulators and formal three lines of defence structures.

Hanwha Vision: Is Hanwha TAA compliant?

Many models are, manufactured in South Korea and Vietnam, but TAA is a per-unit question tied to manufacturing origin, so it must be verified model by model.

MetricStream: Does it replace SOC 2 automation tools?

It can cover the framework, but it is not designed for the automated evidence collection those tools do cheaply.

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