BIO-key recognized for ‘Product Line Strategy Leadership’
BIO-key International has been recognized with the 2015 Global Frost & Sullivan Award for ‘Product Line Strategy Leadership’ for its comprehensive product line catering to the needs of the market it serves.
Each year, Frost & Sullivan presents this award to the company that has developed the most comprehensive product line catering to the needs of the market it serves. The award recognizes the extent to which the product line meets and expands on customer base demands, the overall impact it has in terms of customer value after deployment, as well as growth in market share and acceptance.
BIO-key delivers specific fingerprint solutions to a range of customers, tailored to the exact needs of their market, whether regulation- or usability-driven.
Using this multi-factor, multi-target approach, BIO-key is able to address a wide range of vertical markets such as healthcare, education, retail, government, mobility, original equipment manufacturers, and identity and access management.
BIO-key’s platform seamlessly interoperates with more than 50 fingerprint readers from over 35 manufacturers, while its software has been integrated with specialized industry software and identity and access management (IAM) platforms.
“BIO-key’s vision sets it apart from the competition, as they ensure that the biometric authentication functions are directly integrated with existing applications for rapid time-to-value,” said Frost & Sullivan Global program director Jean-Noël Georges. “In addition, BIO-key has designed and manufactured a line of high-quality, but low-cost fingerprint readers that connect to users’ devices via USB. With BIO-key’s emphasis on affordability, the reader is ideally positioned to replace or reinforce legacy authentication solutions, especially within the security-centric retail, healthcare and banking sectors.”
Previously reported, BIO-key International reported that it has completed an investment and technology license partnership with China Goldjoy Group Limited (CGG) and other investors.