FB pixel

Touchless demand, facial recognition drive 50 percent revenue increase for Orbbec

Categories Biometrics News  |  Trade Notes
Touchless demand, facial recognition drive 50 percent revenue increase for Orbbec
 

3D camera manufacturer Orbbec has reported a 50 percent year-over-year increase in revenue in 2021, driven by a 3D sensor development partnership with Microsoft, a threefold increase in its engineering team, and rapid growth in corporate customers worldwide.

According to Orbbec Co-founder and Chief Technical Officer David Chen, the substantial increase in revenue has been also driven by the demand for touchless solutions amidst the pandemic.

“Many industries, from autonomous service robotics to retail ordering and checkout kiosks, are growing quickly due to the demand for touchless solutions,” Chen explains.

According to the CTO, 3D sensors are necessary for robot navigation, facial recognition, touchless controls, room sensing, and several other applications.

“As a leading global manufacturer of 3D sensors, Orbbec has the resources and expertise to satisfy manufacturing requirements,” Chen adds.

In 2021 alone, the company has released a number of new sensors. These include a TOF (time-of-flight) sensor that scans moving objects with a depth-of-field range from 0.2 to five meters, an industrial-level 3D camera with ultra-high depth resolution and real-time 3D reconstruction, and a new processing board for 3D imaging applications.

“Orbbec continues to be a reliable, robust, and diversified supplier of world-class 3D imaging technology,” Chen says.

“While other suppliers are shrinking their offerings, Orbbec is expanding its capabilities and is ready to supply manufacturing needs in 2022 and beyond.”

Article Topics

 |   |   |   |   |   |   |   | 

Latest Biometrics News

 

Samsung win patent for fingerprint sensor package and biometric cards

Samsung has been granted a patent for an integrated circuit (IC) for fingerprint reading, storage and processing and biometric cards…

 

UNHCR salutes African govts’ pledge to accelerate digital ID action for forcibly displaced

The Office of the United Nations High Commissioner for Refugees (UNHCR) has lauded the willingness by some African governments to…

 

Mastercard aims to deliver digital identity, access for 100M in Africa

Mastercard is doubling down on spreading its Community Pass, a digital platform that holds a digital ID and wallet in…

 

DPI critical to effective digital transformation in government

Robert Opp, chief digital officer of UNDP emphasizes the importance of viewing DPI as the digital equivalent of physical infrastructure,…

 

Age verification comes to social media as age of unregulated use nears an end

If trends continue, social media is set to follow in the path of cigarettes: an activity benefitting early from lax…

 

AI can save UK govt £40B annually, revolutionize public services: Blair Institute

AI will soon be used to pre-check applications for correct information, triage cases by calculating complexity and routing them appropriately,…

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 Insight, Opinion

Digital ID In-Depth

Biometrics White Papers

Biometrics Events