Professional Documents
Culture Documents
GROUP 1
THE INDUSTRY
THE MARKET BIOMETRICS TECHNOLOGIES VECTORS OF CHANGE
Identify Criminals Surveillance
Global Biometric Market Size Fingerp Face
$15 Billion (2015)
rint Recognition
INNOVATION
Radical innovations: Completely independent techniques to identify individuals i.e fingerprint, hand images, body measurements, signature, facial recognition etc. over the years
Incremental innovation: Development of Eigenface technique for facial recognition in 1988
Architectural innovation: Automating of facial recognition in the 1970s, use of biological and behaviour model in 1970 to improve on the 1936 basic speech recognition model
BIOMETRICS & LAW ENFORCEMENT
$35 Projected global biometrics industry, 3IS OF BIOMETRICS IN LAW ENFORCEMENT
bn 2020
Lack of budgets 1
Biometric systems and their maintenance is fairly
cost intensive
Value Migration Acquire IP rights for all technologies