Market Insight: Face technology takes center stage

The adoption of facial biometric recognition technology has risen sharply over the past 12 months, driven in no small part by the positive market reaction to consumer products with integrated facial recognition.

To date, over 250 million people have been processed using Innovatrics facial biometric solutions, and the number of new opportunities has tripled during H2 2017. Central to this success is our industry-leading facial recognition algorithm, which emerged as a top performer across all categories in the most recent NIST Face Recognition Vendor Test (FRVT).

Use cases for our facial biometric solutions are wide and varied, with recent use cases including digital onboarding and facial authentication in the finance sector, airport passenger security, and public/crowd safety. Additionally, we have delivered a number of large multimodal ABIS solutions for government ID and criminal AFIS/ABIS programs.

Innovatrics Business Development Director, Michal Fischer commented: “We have noted a particular rise in adoption of our face recognition technology in Europe, Asia, and the Americas. Our most recent deployments include an airport passenger security system at a major European airport, and a crowd safety system at a large North American sports stadium.”

Another key area for our integrators and partners is to deliver FinTech solutions for the banking sector, such as selfie login in mobile banking apps. We’ve also completed several pilots of our non-invasive access control solution for office buildings and feedback has been overwhelmingly positive.

The customer-driven evolution of our solutions has culminated in the recent launch of SmartFace, which dramatically shortens the time-to-market for complex video surveillance and people counting solutions.

Get in touch with us to talk about integrating the most powerful facial recognition technology on the market into your solutions via sales@innovatrics.com