Biometrics Company Cognitec Turns 10
German firm Cognitec Systems GmbH, leading provider of face recognition technology, is celebrating a decade of success and growth.
The privately owned company employs 45 staff members across four continents, and since its inception in 2002, the company has collaborated with more than 2000 clients, value-added resellers and system integrators in more than 100 countries.
“Our success relates directly to successful implementations and everyday use of our technologies,” said Alfredo Herrera, president and managing director. “A growing client base confirms our competence and leadership in the face recognition market, and the customer success stories of specific use cases attest to the leading performance and superior matching speed of our applications.”
Although the company is 10 years old, the founding expert team, originally from Siemens Nixdorf, released the first version of Cognitec’s FaceVACS software and a physical access control solution in 1996. Based on that face recognition engine, the team went on to develop applications and technologies, such as, a software development kit in 2001, the first border control solution using face recognition (eGate) in 2002, and technologies for matching faces to images in large databases or from live video in 2003.
Cognitec has sustained profitability and a strong financial position. “We are also deeply appreciative for the unrelenting support of our early financial backers and shareholders,” thanks Herrera.
The company has plans for some fresh product releases in the coming The new version of FaceVACS-VideoScan will include advanced functionalities for tracking, counting and analyzing faces in live video streams or video footage. A planned access/border control solution will offer non-intrusive, touch-free face recognition technology for fast verification processes. And the algorithm development team is working on faster face recognition speed and improved performance for low-quality images and images with partially hidden faces.
BiometricUpdate.com will keep readers abreast of these exciting advancements from Cognitec in the coming year.