Frost & Sullivan

Onfido Receives Frost & Sullivan Innovation Award

Onfido Receives Frost & Sullivan Innovation Award

Onfido has been given Frost & Sullivan’s 2019 European Technology Innovation Award. The award is one of several Frost & Sullivan Best Practices awards handed out to regional and global companies in a number of different fields, including customer service and strategic product development. The European Technology award specifically recognizes products with innovative features that…

Frost & Sullivan Predicts Public Sector Will Drive  APAC Biometrics Market

Frost & Sullivan Predicts Public Sector Will Drive APAC Biometrics Market

“The rising instances of identity thefts and cyber crimes are boosting the adoption of multifactor authentication and multimodal technology systems.” Frost and Sullivan is predicting that the expansion of national ID programs will fuel the demand for biometric technology in the Asia-Pacific region over the next few years. In its report, the research firm noted…

SC Magazine: Biometrics Experts Document the Decline of Passwords

SC Magazine: Biometrics Experts Document the Decline of Passwords

A growing number of organizations have begun to document the decline of passwords and the rise of biometric authentication. At least, that’s the takeaway from a new article from SC Magazine that gathers similar reports from a roster of biometrics experts, including Kaspersky Labs, Duo Security, Frost & Sullivan, and IDEX Biometrics. The article specifically…

BioCatch: 3 Use Cases Demonstrate the Utility of Behavioral Biometrics

BioCatch: 3 Use Cases Demonstrate the Utility of Behavioral Biometrics

Earlier this month, Frost & Sullivan released a new report that emphasized the growing importance of behavioral biometrics, arguing that it “will become the main identity verification element in two factor or multifactor authentication.” Now BioCatch is following up with a blog post that highlights the more tangible benefits of the technology. In the post,…

Behavioral Biometrics will Drive ID Verification as AI Improves: Frost & Sullivan

Behavioral Biometrics will Drive ID Verification as AI Improves: Frost & Sullivan

“AI-driven behavioral biometrics will become the main identity verification element in two-factor or multifactor authentication…” A new report from Frost & Sullivan projects major growth for the European biometrics market, which is expected to climb from $4.98 billion to $11.5 billion by 2023. Artificial intelligence and machine learning will fuel much of that growth as performance improvements…

NEC’s Biometrics Tech Garners Company of the Year Award from Frost & Sullivan

Frost & Sullivan has named NEC as its 2019 Biometrics Company of the Year in the Asia Pacific Region. The accolade is intended to recognize NEC’s pioneering work in multiple segments of the biometrics industry, with multimodal solutions that have integrated face, voice, iris, and fingerprint recognition alongside other forms of biometric identification. “We are…

Frost & Sullivan Lauds Gemalto’s PURE Payments Platform

Frost & Sullivan Lauds Gemalto’s PURE Payments Platform

Growth consultancy Frost & Sullivan has named Gemalto the recipient of its 2018 Middle East & Africa Customer Value Leadership Award. The award is in recognition of PURE, Gemalto’s white label payments platform that is designed to let domestic schemes and private label card issuers offer their own payment cards to customers. The system was used…

Biometrics to Help Drive $4.63B in Airport IT Spending by 2023: Report

Biometrics to Help Drive $4.63B in Airport IT Spending by 2023: Report

The global airport industry increasingly looking to IT solutions to help drive and facilitate growth, with innovative technologies like biometrics being key to those efforts, suggests a new Frost & Sullivan report. Entitled “Digital Transformation in Airports”, the report predicts that by 2023, airport IT spending will reach $4.63 billion, driven largely by growth in…

IT Admin Survey Points to Growing Awareness Over Cloud Security

IT Admin Survey Points to Growing Awareness Over Cloud Security

Security is the top concern for IT administrators when choosing a cloud services provider, says Frost & Sullivan. The finding emerged from the growth consultancy’s IT Decision Maker Survey, in which 45 percent of respondents named security as the main factor in their decision. That’s way above price, which only 27 percent named as the…

IoT Presents Huge Opportunity For Global Security and Surveillance Sensors Market: Report

IoT Presents Huge Opportunity For Global Security and Surveillance Sensors Market: Report

The emergence of the Internet of Things presents a huge opportunity for the global security and surveillance sensors market, suggests a new report from Frost & Sullivan. In a statement, the growth consultancy firm announced ‘three big predictions’ for this market: That sensors will form the “physical layer” to IoT-driven machine-to-machine communications; new communication protocols…

Face ID Will Ultimately Find Its Way To Apple Smart Car: Report

Face ID Will Ultimately Find Its Way To Apple Smart Car: Report

While Apple’s iPhone X announcement last month attracted attention primarily for revealing the most substantial redesign of the iPhone to date, a Frost & Sullivan analyst thinks that hidden in the subtext are hints that Apple’s next focus will be on making its own car. In his new report, Frost & Sullivan Connectivity & Telematics…

Frost & Sullivan Recognizes Jumio With Entrepreneurship Award

Frost & Sullivan Recognizes Jumio With Entrepreneurship Award

“…Jumio noted that it doubled its sales in the first half of the year, and that its Netverify platform is now being used to verify almost 200,000 users each day.” Frost & Sullivan has named Jumio the 2017 North American Entrepreneurial Company of the Year for the Biometric Security Solutions Industry. Detailing the company in…

Vein, Iris, and Facial Recognition Seeing Strong Adoption Across Industries: Report

Vein, Iris, and Facial Recognition Seeing Strong Adoption Across Industries: Report

While fingerprint recognition has tended to see strong growth and revenues in the past, new biometric modalities like vein, iris, and facial recognition are seeing “strong adoption across industries,” according to Frost & Sullivan TechVision Senior Industry Analyst Swapnadeep Nayak. That’s one of the key findings in Frost & Sullivan’s new report, “Cybersecurity Innovations in…

Credence ID Wins Frost & Sullivan’s 2017 Global New Product Innovation Award

Credence ID Wins Frost & Sullivan’s 2017 Global New Product Innovation Award

Credence ID has won Frost & Sullivan’s 2017 Global New Product Innovation Award. The award was given in recognition of the CredenceTAB, a tablet device first announced by Credence ID last year. The tablet features a built-in FBI PIV FAP 30 fingerprint sensor, a smart card reader, an MRZ reader, and eDocument reading capabilities. In…

IriTech Wins Frost & Sullivan Award for Iris Scanning Tech

IriTech Wins Frost & Sullivan Award for Iris Scanning Tech

IriTech has won the 2017 North American Frost & Sullivan Award for New Product Innovation. The company was recognized for its specialty – iris biometrics technology. In a statement announcing the award, Frost & Sullivan Research Analyst Mike Valenti praised IriTech’s iris scanning solution as one that “works under direct sunlight at extended side-gazing angle and…

Frost & Sullivan Recognizes NEC Public Safety Efforts in APAC

Frost & Sullivan Recognizes NEC Public Safety Efforts in APAC

NEC has received the 2017 Frost & Sullivan Asia Pacific Integrated Biometrics Solutions for Public Safety Leadership Award. In a statement announcing the award win, NEC explained that it had been granted in recognition of the company’s “technical leadership and growth performance” in the APAC region last year. Commenting further, Frost & Sullivan Asia Pacific ICT…

The 2017 Global Frost & Sullivan Award for Product Innovation Goes to BioCatch

The 2017 Global Frost & Sullivan Award for Product Innovation Goes to BioCatch

BioCatch has won the 2017 Global Frost & Sullivan Award for Product Innovation. The company was recognized for its behavioral biometrics technology, which analyzes patterns in user behavior to assess potential fraud threats, an emerging digital security field of which BioCatch has proven to be a pioneer. Commenting on the company’s win, Frost & Sullivan’s Ram…

Enterprise Cloud Computing Driving Demand for IDaaS: Report

Enterprise Cloud Computing Driving Demand for IDaaS: Report

The enterprise sector’s growing use of cloud computing is driving demand for Identity as a Service (IDaaS) solutions, according to a new report from Frost & Sullivan’s TechVision unit. The firm’s new report, Technologies Empowering Future of Identity Management, argues that identity and access management (IAM) challenges “are more business-centric than technology-centric,” as it puts…

ImageWare Wins New Product Innovation Award from Frost & Sullivan

ImageWare Wins New Product Innovation Award from Frost & Sullivan

ImageWare has won the 2017 North American Frost & Sullivan Award for New Product Innovation. In a statement announcing the award, the growth consultancy explained that each year it is bestowed to “the company that has demonstrated excellence in devising a strong growth strategy and robustly implementing it.” Frost & Sullivan lauded ImageWare for its…

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