Innovatrics in Asia Pacific

9/13/2017

Driven by rising safety and security concerns, industries such as banking, government, healthcare, and commercial safety & security are turning to biometric identification systems to mitigate risk and to give their customers peace of mind.

Over 300m subscribers in APAC

Having established our presence in APAC over a decade ago, Innovatrics has worked on numerous biometric projects for use cases such as population/voter registration, poverty relief, national ID/passports, and financial services, in countries including China, Mongolia, Indonesia, and India. We currently have 300m subscribers across numerous large AFIS systems in the region, with that number looking set to grow significantly in the near future.

Stanley Tay, Innovatrics BDM for Asia Pacific explains: “Innovatrics has been successful in Asia Pacific mainly because of our loyal system integrator partners and long-term customers in this region. With strong focus and investments in improving our AFIS and biometrics solutions, Innovatrics brings value to partners and end-users with new products and outstanding performance in NIST FpVTE and FRVT evaluations.”

The momentum and rise of multimodal biometrics in Asia Pacific

Innovatrics is proud to be part of the successful AADHAR program in India, which has contributed to a rise in demand for multimodal biometric solutions for government, law enforcement, and border control applications. This, combined with emerging biometric applications in FinTech, banking, and mobile verification, mean that these are indeed exciting times for Innovatrics in Asia Pacific. 

A presence on the ground

A key part of our business strategy in APAC is having a strong presence on the ground and with our partners. We regularly attend international exhibitions in the region, such as the recent INTERPOL World 2017.

Tay added: “Our clear business partnership model brings assurance and confidence to both existing partners and new customers, and we will do our best to support their programs and new opportunities in this region.” 

According to a report by Strategic Defense Intelligence, Asia Pacific (APAC) looks set to dethrone North America as the fastest growing biometrics market globally, with the market value set to reach $3.3 billion by 2025.

Related news

Stay Ahead of the Competition: Become an Innovatrics Partner & Join the Future of Facial Recognition Technology

The Innovatrics Partner Program gives you a competitive edge. As the global facial recognition market is poised to reach $14.95 billion by 2026, it is imperative to choose a technology partner that can take you one step ahead. Innovatrics Partner Program can be your ticket to growth and profitability. For system integrators and independent software... Read more

5/21/2019

Jan Lunter: ‘Thanks to AI, Face Recognition and Biometrics Are Undergoing an Industrial Revolution’

Although face recognition has become a viable technology only in the past two years, it’s already more accurate than a human   “For a long time, we didn’t believe in face recognition as a viable identification technology in our company. It was too error-prone,” says Jan Lunter, CEO and CTO of Innovatrics. His company now... Read more

4/1/2019

This site uses cookies to provide services, personalise ads and to analyse traffic. You consent to our cookies if you continue to use our website. More info

The cookie settings on this website are set to "allow cookies" to give you the best browsing experience possible. If you continue to use this website without changing your cookie settings or you click "Accept" below then you are consenting to this.

Close