NEC's new center to grab the growing biometric market in India

By Roshna Sankar   |   Thursday, 27 May 2010, 21:33 IST
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Bangalore: The fast recognition of biometric solutions, for providing better security, by both government and private sectors has created a vast opportunity for the biometric market in India. Seeing this lucrative market for biometric solutions Japanese IT and network technologies firm NEC is in preparation to capture the market, which is still in nascent stage. The company has launched their biometric excellence center in Bangalore to provide engineering competency to accelerate the company's global chain engaged in development, deployment and support of identity solutions for the global market. The center will help the company to grab the market by competing with their counterparts like Bartronics, Bioenable Tech, Jaypeetex and Fusion Biometrics. Currently the Indian biometrics market is dominated by fingerprint technology. This move from the company comes in the wake of India's growing market in biometric solutions, which has been increasingly in use in the government. The UID project will also provide a huge opportunity and the company would be bidding for the project. NEC expects that the biometric market in the country will grow a CAGR of 250 percent in the next three years and the UID project would lead this growth. Initially, the center will have 50 engineers, who are expected to accelerate the expansion of NEC's global multimodal identification solutions and integrated security solutions business including its automated finger print identification solutions and face recognition solutions. The center is the seventh R&D center for NEC and it would work under the instructions of the main R&D center in Japan. Currently the company is providing 200 billion solutions across 30 countries. Since 2003, the company is providing its identification solutions, automatic finger print identification, in the country especially for law enforcement and security control. Using their solutions around 1500 criminals were traced in Karnataka, said Kris Ranganath, Chief Technology Officer (Govt. and Public Global Solutions Division), NEC. The company claims that it has been developing fingerprint matching technologies for more than three decades and its technological superiority in biometrics identification has been proven by several accuracy tests conducted by the National Institute of Standards and Technology in the U.S. Koji Oda, Managing Director, NEC India said, "The public safety market in India has huge potential and the setting up of this Biometric centre, is indicative of our commitment to the India market. We foresee greater adoption of biometric solutions in India, particularly in civic amenities and various social schemes."