March 4, 2014 -
The two companies have spent the last several months working out business ideas and this integration. As a result of these conversations, T-Systems has started the pilot to integrate its products with ImageWare’s GoMobile Interactive patented, biometrically secured user authentication solution for mobile devices; its Biometric Engine (BE), a patented, real-time, high performance, cloud-enabled multi-modal biometric database; and GoCloudID, a cloud-based SaaS ID management platform.
ImageWare recently showcased its cloud identity management and authentication service GoMobile Interactive at the Mobile World Congress 2014 in Barcelona.
One major focus for this new partnership is to create solutions for cloud products and data storage for business customers, especially in the context of the worldwide discussion about safety and security for data, identity authentication and personal and transaction verification.
There has been a growing importance to create data storage and cloud-based regional solutions for business and private customers worldwide, says the company. “In 2013, the United States alone saw more than 12 million identity fraud victims at a dollar cost of $24 billion, with the average financial loss per identity theft totaling $4,930. Goode Intelligence predicts that by the end of 2015, there will be 619 million people using biometrics on their mobile device.”
“With T-Systems as a partner, ImageWare Systems will be able to enter the European market in the near future and offer next-generation identity management cloud storage solutions,” Jim Miller, chairman and CEO of ImageWare Systems said. “This partnership not only expands our presence in this important region, but in other worldwide markets as well.”
“Gartner’s estimate of 30% enterprise adoption for biometrics as the authentication standard by 2016 presents a huge opportunity for ImageWare in the projected $400 billion marketplace estimated for mobile payments by 2015,” Miller said.
Reported previously, ImageWare recently received an oder from the city of Fredericton in New Brunswick, Canada, for a biometric identity management and booking system. The contract was worth approximately $125,000.