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Cybersecurity · head to head

Hanwha Vision vs NEXGEN Asset Management

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
Free plan
No
Full reviewWebsite
NEXGEN Asset Management logo

NEXGEN Asset Management

Government

Combined EAM and CMMS for utilities and municipalities with Esri GIS at the centre of the asset register

From
On request
Free plan
No
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.; NEXGEN Asset Management pricing keys off asset count, so a routine GIS resegmentation that splits mains into more records can raise your subscription without adding a single user or work order.
  • They diverge on capability: Hanwha Vision covers Wisenet WAVE VMS, NEXGEN Asset Management covers Esri GIS integration.
  • Prices and features above were last checked on 1 September 2026.

Where they differ

Only the attributes on which Hanwha Vision and NEXGEN Asset Management actually diverge.

Attributes where Hanwha Vision and NEXGEN Asset Management differ
AttributeHanwha VisionNEXGEN Asset Management
Pricing modelOne-time purchasequote
PlatformsWindows, Linux, Web, iOS, AndroidWeb, iOS, Android
CategoryCybersecurityGovernment

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

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 NEXGEN Asset Management

  • Esri GIS integration
  • Risk and criticality
  • Condition assessment
  • Capital planning
  • Work orders
  • Mobile field app
  • Service requests
  • Inventory and purchasing

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 NEXGEN Asset Management
  • A school district that wants a fixed one-time software cost rather than a per-camera monthly subscriptionnot NEXGEN Asset Management
  • A site running 200 cameras for a decade where a cloud subscription would cost several times a perpetual licencenot NEXGEN Asset Management
  • An integrator standardising on one manufacturer for cameras, recorders and VMS to simplify supportnot NEXGEN Asset Management

NEXGEN Asset Management

  • A water utility that must show a board why a specific main is being replaced this year rather than nextnot Hanwha Vision
  • A city public works department consolidating a GIS asset inventory and a paper work order process into one systemnot Hanwha Vision
  • An airport authority tracking condition assessments across airside and landside assets with capital forecastingnot Hanwha Vision
  • A district that needs citizen service requests to become tracked work orders with an auditable historynot 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.

NEXGEN Asset Management

  • Pricing keys off asset count, so a routine GIS resegmentation that splits mains into more records can raise your subscription without adding a single user or work order.
  • Nothing is published and the vendor is small, so the reference set you can call is limited and mostly Californian and North American public agencies.
  • The interface is dated compared with modern CMMS products, which hurts adoption among field crews who compare it to consumer apps on their own phones.
  • GIS integration is the product strength and also its dependency; agencies without a maintained ArcGIS asset layer face a data preparation project before NEXGEN is useful.
  • As a small vendor it carries acquisition risk, and in this segment acquisitions have repeatedly meant a product frozen while it is folded into a larger portfolio.

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

NEXGEN Asset Management

On request
  • NEXGEN Asset Management$undefined/year
    • Tiered pricing based on the number of assets under management
    • Implementation, GIS integration and data migration quoted separately
    • Mobile module licensed alongside the core platform

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 NEXGEN Asset Management if

  • You need esri gis integration.
  • You work on Web, iOS, Android.
  • You also want risk and criticality.
NEXGEN Asset Management review

Questions people ask

Is Hanwha Vision or NEXGEN Asset Management better?
Neither clearly leads. Hanwha Vision starts at On request and NEXGEN Asset Management at On request, and user ratings are close enough to be indistinguishable. Choose on capability and platform support.
Which is cheaper, Hanwha Vision or NEXGEN Asset Management?
Hanwha Vision starts at On request and NEXGEN Asset Management at On request.
Does Hanwha Vision or NEXGEN Asset Management run on more platforms?
Hanwha Vision runs on Windows, Linux, Web, iOS, Android. NEXGEN Asset Management runs on Web, iOS, Android.
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 NEXGEN Asset Management is typically brought in for.
What can Hanwha Vision do that NEXGEN Asset Management cannot?
Hanwha Vision covers Wisenet WAVE VMS, On-camera AI, NDAA and TAA positioning, Multi-site management. NEXGEN Asset Management covers Esri GIS integration, Risk and criticality, Condition assessment, Capital planning.

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.

NEXGEN Asset Management: How is NEXGEN priced?

On a tiered model based on the number of assets under management, quoted per agency. Nothing is published.

Hanwha Vision: Are Wisenet WAVE licences subscriptions?

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

NEXGEN Asset Management: Do we need Esri ArcGIS?

Not strictly, but the product is designed around it and most of the value assumes a maintained GIS asset layer.

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.

NEXGEN Asset Management: Does it handle capital planning?

Yes. Risk, criticality and condition scores feed multi-year renewal forecasts intended for board and council submissions.

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.

NEXGEN Asset Management: Is there a mobile app?

Yes, a map-based field application with offline capability, licensed alongside the core platform.

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