NEC Corporation has announced that it was won the 2020 Global Biometrics in Security Market Growth Innovation & Leadership Excellence Frost Radar Award by Frost & Sullivan.
“NEC scored the highest in both the Growth and Innovation metrics within the Frost Radar due to its core focus on creating new customer use cases and enhancing their solutions,” said Danielle Van Zandt, Industry Analyst, Security, Frost & Sullivan. “NEC’s expertise in multiple biometrics modalities and continuous R&D to improve the accuracy of these solutions highlight the company’s commitment to innovation and blue ocean strategy in the biometric industry.”
The Growth Innovation Leadership (GIL) best practice award is bestowed on companies that are market leaders at the forefront of innovation. These companies consolidate or grow their leadership position by continuously innovating and creating new products and solutions that serve the evolving needs of the customer base. These companies are also best positioned to expand the market by strategically broadening their product portfolio.
“Receiving this prestigious award is truly an honour for us,” said Toshifumi Yoshizaki, Senior Vice President at NEC Corporation. “NEC’s biometrics technology combines recognition with real-time identification, verification and situation analysis for quick decision-making, pre-emptive security and smoother services. Installed in over 1,000 major systems in more than 70 countries and regions worldwide, it boasts a stellar track record and wealth of practical application. In addition, based on National Institute of Standards and Technology (NIST) Accuracy Testing, NEC has been recognised as the top performing vendor in fingerprint, face and iris recognition, illustrating our proven leadership in both speed and accuracy.”