Market Insight: Face technology takes center stage

12/5/2017

The adoption of facial biometric recognition technology has risen sharply over the past 12 months, driven in no small part by the positive market reaction to consumer products with integrated facial recognition.

To date, over 250 million people have been processed using Innovatrics facial biometric solutions, and the number of new opportunities has tripled during H2 2017. Central to this success is our industry-leading facial recognition algorithm, which emerged as a top performer across all categories in the most recent NIST Face Recognition Vendor Test (FRVT).

Use cases for our facial biometric solutions are wide and varied, with recent use cases including digital onboarding and facial authentication in the finance sector, airport passenger security, and public/crowd safety. Additionally, we have delivered a number of large multimodal ABIS solutions for government ID and criminal AFIS/ABIS programs.

Innovatrics Business Development Director, Michal Fischer commented: “We have noted a particular rise in adoption of our face recognition technology in Europe, Asia, and the Americas. Our most recent deployments include an airport passenger security system at a major European airport, and a crowd safety system at a large North American sports stadium.”

Another key area for our integrators and partners is to deliver FinTech solutions for the banking sector, such as selfie login in mobile banking apps. We’ve also completed several pilots of our non-invasive access control solution for office buildings and feedback has been overwhelmingly positive.

The customer-driven evolution of our solutions has culminated in the recent launch of SmartFace, which dramatically shortens the time-to-market for complex video surveillance and people counting solutions.

Get in touch with us to talk about integrating the most powerful facial recognition technology on the market into your solutions via sales@innovatrics.com

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