Techshino making inroads in China’s growing biometrics market
Techshino is a leading Chinese biometric firm, providing multi-modal biometric identification solutions including iris, fingerprint, face, and security token products. Founded in 1997, Techshino focuses on developing proprietary technologies. The Chinese-based firm has three R&D centers in the country and specializes in transforming technological discoveries into products.
Techshino considers transformation through research and technology its specialty and core competency. Its technologies and products are trusted by industries that include: financial services, healthcare, transportation, government, public security, and education. The firm estimates that approximately 700,000 of it devices are in active use by millions of end-users.
The company, through its innovation and product lines, continues to position itself as a leading biometrics firm in China, where market size continues to grow. Consensus by market research analysts conclude that increased investments in biometrics by government will lead to continued market growth in order to enhance China’s public security infrastructure, with an aim of protecting government installations, along with infrastructure. The firm’s suite of products can assist in the government’s security infrastructure goals.
Applications that Techshino offers include include physical access control, patient registration and identification and internal staff and customer-facing IT access authentication. Such applications cater to the expanding way China is using biometrics, including for access control to restricted areas, monitoring time and attendance of employees and for improving healthcare management.
In terms of customer-facing IT ,Techshino has at the leading edge of developments in the marketplace.
Recently, Techshino launched a cloud-based open development platform called ‘Eyekey’ that is aimed at individual developers and enterprise users. Techshino states that EyeKey provides an online app development service for multiple biometric identification modalities, including face, iris, voiceprint and fingerprint recognition for individual developers and enterprise users.
Based on more than 10 years experience, EyeKey leverages high-accurate biometric algorithm and matching clusters with powerful processing capacity. The system provides a variety of open APIs and SDKs to developers and companies for different development environments and biometric cloud applications.
Techshino also recently developed a small iris camera module which can be combined with the firm’s iris algorithms for mobile biometric identification and authentication. Techshino claims that its iris camera module can process low-quality iris images and works in less-than-optimal lighting conditions. It also authenticates at a natural distance of 17 to 30 cm (7 to 12 inches) away from a smartphone or tablet’s camera. Techshino also notes the solution can provide a protected security area within the module to house the match engine, templates and authentication processes, preventing sensitive data from being hacked.
While these applications are beneficial domestically, the company has also been making efforts to internationalize. Techshino joined the Biometrics Institute in a bid to work with industry peers and better serve its clients. The firm also recently entered into a deal with an Indian agricultural firm to provide a time and attendance management solution that leverages its iris recognition technology.
By focusing both on the growing biometrics market in China, projected to expand at a CAGR of 14.8 percent over the next four-year period, along with emerging markets such as India, Techshino continues to make inroads in terms of market share. Industry analysts, as a result, expect the firm to make penetrative progress in terms of gained share within the Chinese biometric marketplace.