FB pixel

Biometrics adoption pushes NtechLab onto Russia’s fastest-growing companies list

Biometrics adoption pushes NtechLab onto Russia’s fastest-growing companies list
 

NtechLab is included on a list of the 1,000 fastest-growing companies in Russia by the Atlanty business club and Smart Ranking, posting a revenue growth rate of nearly 1,500 percent for its face biometrics and computer vision technologies from 2017 to 2020.

The ‘Atlanty1000: Russia’s Fastest Growing Companies’ list is drawn from official data from more than 11,000 companies, based on earnings growth over the two previous full years.

“Without intelligent video analytics systems, a city cannot be smart and safe, and business cannot be competitive,” comments NtechLab CEO Andrei Telenkov. “Video analytics is already used in almost all industries, from industry to retail, and helps society and business respond to important incidents in a timely and efficient manner as well as informing accurate long-term strategic decision making.”

NtechLab’s biometric technology is being tested by several schools in Russia, and the company recently won a G20 Innovation League award for its biometrics research and development.

Related Posts

Article Topics

 |   |   |   |   |   |   | 

Latest Biometrics News

Comments

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Most Read This Week

Featured Company

Biometrics Research

Biometrics White Papers

Biometrics Events

Explaining Biometrics