The latest research report on the facial recognition market with a global forecast to 2024, shows the sector is expected to grow from USD 3.2 billion in 2019 to USD 7.0 billion by 2024, at a CAGR of 16.6%. Analysts from Marketsandmarkets, the report publishers, say that the major forces driving this market are growth
BrainChip Holdings Ltd, global developer of software and hardware accelerated solutions for advanced artificial intelligence (AI) and machine learning applications, has signed a strategic partnership agreement with SoftCryptum to sell BrainChip’s AI-powered video analytics solutions to government agencies in France, Belgium, and Switzerland. BrainChip-SoftCryptum strategic partnership SoftCryptum sells security and data analytical solutions around the
Motorola Solutions, Inc. announced it has acquired VaaS International Holdings, Inc. (VaaS), a data and image analytics company based in Livermore, California and Fort Worth, Texas. Motorola Solutions paid a purchase price of $445 million in a combination of cash and equity. VaaS, a ‘video analysis as a service’ company, is a global provider of
s biometric technology continues to evolve, societies find more ways to integrate it in the everyday lives of citizens. Today, biometric data gives citizens the fundamental right of being recognised by their government and opens access to a multitude of services, such as social benefits, medical care or financial services. And while fingerprints remain the
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