Advanced technologies with commodity standard-based hardware bring expensive face-recognition engineering closer to users as an access control in everyday working life.
The technology developed by XID Technologies, a face-recognition technology company, expands its foothold out of Singapore for the first time.
Jason Chaikin, Vice President World sales, said its patented face synthesis technology combined with commodity hardware and industry standard-based processor which is used in netbooks,brings face recognition-based access control devices to the commercial market.
Currently, most of the major players in facial recognition dominate in homeland security and government markets.Entering the commercial area will open new windows of opportunity.
The XID XS PRO-1000 device enables employees to use their company ID cards to touch the device while looking into a built-in camera and then the system will verify whether the ID information on a database server matches the face on the camera.
All verification processing takes less than three seconds and it is simple to install as a plug-and-play. However, compared with normal fingerprint access control systems on the market the cost of this system is around 30 percent higher but it is more accurate than fingerprint recognition which has an average 10 percent error rate.
In some workplaces which have a lot of employees - such as construction sites or factories - where they have to wait in long queues, if the system slows down it can affect productivity. The system also helps to resolve "buddypunching" time attendance by the em-ployees, which can cause company losses.
Carmelo Pistorio, executive chairman of XiD Technologies, said that it is aiming to make face-recognition a global easy access control by 2012.
Currently, fingerprint recognition dominates the biometric market. According to ABI research, in 2008 the biometric market worldwide reached $561 million while fingerprint recognition was worth $349 million, facial recognition was worth $92 million and iris recognition was worth $47 million. Both fingerprint and facial recognition had a combined growth rate from 2008-2013 forecast at 22 percent and were worth $931 million and $251 million, respectively.
This shows how huge the market is and the company decided to expand it reach into China, Indonesia and Vietnam as well as Thailand after spending six years of research and development in Singapore and using the country as test bed for the product technology which was used in a customer site with over 40,000 workers.
Adisorn Keawbucha, CEO, DataOne Asia (Thailand), the exclusive partner for XID, said the product can complement with its skill in integration and implementation service with existing banking and finance customers.
The solution will help to expand new market customers base that require high security areas like power plants, prisons,pharmaceutical labs and other high security zones or sensitive areas.
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