NEXT Biometrics poised to grab significant market share: Frost & Sullivan

NEXT Biometrics has won the Frost & Sullivan 2017 European Enabling Technology Leadership Award for its achievements in fingerprint sensor technology. This recognition comes on the heals of the company shipping sensor number 3 million last week, demonstrating NEXT’s ability to consistently mass produce fingerprint sensors with industry normal yield figures. The global research firm noted that NEXT “is poised to grab significant market share with advantageous pricing, without sacrificing convenience and security of the sensors. NEXT offers the first

Jumio acknowledged by Frost & Sullivan

Jumio has been awarded “Entrepreneurial Company of the Year” in the biometric security solution industry by Frost & Sullivan. Frost & Sullivan concluded that the digital ID verification company’s entrepreneurial spirit drives it to continuously launch advanced solutions that will transform and enrich the customer experience while reducing identity fraud faced by most businesses in the digital world. Jumio’s Netverify Trusted Identity as a Service platform is an advanced ID verification solution that combines proprietary computer vision technology with biometric

IriTech wins Frost & Sullivan’s best new product innovation award

Frost & Sullivan has recognized IriTech, Inc. with the 2017 North American Frost & Sullivan Award for ‘New Product Innovation’, based on its recent analysis of the new trends in the iris biometrics industry. IriTech took the leadership role in developing advanced iris biometric technology and products for the new markets and making it more affordable and accessible to end users on a global scale. The company’s iris hardware and software are being used by many large-scale projects operated by

NEC recognized for public safety sector solutions and leadership

NEC Corporation has been awarded the 2017 Frost & Sullivan Asia Pacific Integrated Biometrics Solutions for Public Safety Leadership Award. The award recognizes NEC for its technical leadership and growth performance in 2016 in Asia Pacific for the biometrics solutions segment. NEC offers a broad and established product portfolio to support the authorities in public safety and its solutions have been widely deployed in security checkpoints, police checks and border controls in many countries across the Asia Pacific region. “NEC

Behavioral biometrics firm BioCatch picks up Frost & Sullivan award

BioCatch has been acknowledged by Frost & Sullivan for its position in the behavioral biometrics landscape and its patented Invisible Challenges solution that helps identify fraudsters without compromising the user experience. The 2017 Global Frost & Sullivan Award for New Product Innovation is given to the company that develops an innovative product to leverage leading-edge technologies and is recognized as best in class in three key areas: understanding demand, nurturing the brand, and differentiating from the competition. “The financial technology

IAM solutions must be mobile friendly for enterprise adoption: report

Frost & Sullivan has released a research report titled “Technologies Empowering Future of Identify Management”, which reveals that identify and access management (IAM) challenges are more business-centric than technology-centric. The report finds that areas such as administration, authentication and auditing are developing technologies to improve service accuracy and cost efficiency. Meanwhile, emerging services such as platform-as-a-service (PaaS) and infrastructure-as-a-service (IaaS) are driving the growth of IAM technologies, the report said. “The shifting of enterprise solutions to the cloud has created

Frost & Sullivan acknowledges ImageWare with product innovation award

ImageWare Systems‘ GoVerifyID Enterprise Suite has been recognized with the 2017 North American Frost & Sullivan Award for New Product Innovation. Frost & Sullivan Best Practices Awards recognize companies in a variety of regional and global markets for demonstrating outstanding achievement and superior performance in areas such as leadership, technological innovation, customer service, and strategic product development. Industry analysts compare market participants and measure performance through in-depth interviews, analysis, and extensive secondary research to identify best practices in the industry.

NEC wins Best Practice Award for its NeoFace facial recognition suite

Frost & Sullivan has recognized NEC Corporation of America with its Best Practice Award for Company of the Year for its NeoFace facial recognition software and the company’s strong adoption and performance in the government and public sector market. The Frost & Sullivan award notes that: “NEC’s ability to deal with the challenges of multiple environments and varying lighting conditions, combined with its rapid setup, allows it to meet a wide range of market requirements.” “Acknowledging the importance of timely

FST Biometrics wins Frost & Sullivan leadership award

Frost & Sullivan has recognized FST Biometrics with the 2016 Global Frost & Sullivan Award for Visionary Innovation Leadership. FST Biometrics has developed In Motion Identification (IMID) access, a multi-modal verification solution for instant, seamless, and non-invasive verification. This patented solution employs a fusion function algorithm that leverages both physiological and behavioral patterns to identify the subject, even when in motion, and to evaluate access eligibility. FST Biometrics employs biometric behavior technology to create a solution that mimics the way

NEC lands award for its NeoFace facial recognition suite

NEC Corporation of America (NEC) has been awarded the Frost & Sullivan 2016 North American Face Recognition Technology for Government and Public Sectors Company of the Year Award for its NeoFace facial recognition suite. Frost & Sullivan Best Practices awards recognize companies in a variety of regional and global markets for demonstrating outstanding achievement and superior performance in areas such as leadership, technological innovation, customer service, and strategic product development. “Acknowledging the importance of timely detection and shorter engagement times