siliconindia | | November 20178T he biometrics is increas-ingly making inroads to the businesses of today. Finger-print scanners being used to let employees `clock-in' to work, or using iris scanning or facial recognition for unlocking our smartphones, the biometrics is already all around us. In an age that is getting digital with every passing day, different businesses are utilizing biometrics in a number of creative and innovative way. As per the BBVA research, the biometrics market across the globe will nearly double from $11 billion, previously valued in 2015, to $22 billion by 2020. While that research clearly paints a promising scenario for the biometrics, experts also per-ceive a rise in the market for biomet-ric authentication. As per the esti-mates released by Juniper Research, users would have downloaded over 770 million biometric authentications app by 2019. At the heart of this massive adop-tion is to safeguard online data in the age of cybercrimes and frauds, in addition to making the process more convenient, natural and easily ac-cessible to all. While passwords can easily be stolen or forgotten, one can hardly forget any biometric feature ­ say their face or fingerprints. In fact, the biometrics scanning market has also undergone several disruptions. While fingerprint scanning had its shortcomings, in regards to the age, IN MY OPINIONBE YOUR OWN PASSWORD: THE RISE OF BIOMETRICS FOR BUSINESSBy Salil Prabhakar, CEO, Delta IDHeadquartered in California, Delta ID is software technology company providing safe and reliable user identification technologies such as Biometrics, Iris Recognition, Image Processing, and Mobile Security technologies.
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