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Abstract
Viisage Technology Inc is a technology-based venture in the field of facial recognition. The base technology was invented by a professor of MIT. Face recognition technique is widely used for the purpose of identification, mainly in the public sector, but there is an indication that it would be used more frequently in the commercial sector as well. Although the market is expected to grow in the foreseeable future, it is a very competitive one. Viisage developed its business through establishing partnership with more than 20 companies, putting high emphasis on the development of the state-of-the-art technology and taking advantage of the growing opportunity including the overseas market. The company was also quick to respond to customer''s technical and business needs. These endeavours bore fruits. Now, Viisage is recognised as one of the leading companies in the area of facial recognition.
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Abstract
Viisage Technology Inc is a technology-based venture in the field of facial recognition. The base technology was invented by a professor of MIT. Face recognition technique is widely used for the purpose of identification, mainly in the public sector, but there is an indication that it would be used more frequently in the commercial sector as well. Although the market is expected to grow in the foreseeable future, it is a very competitive one. Viisage developed its business through establishing partnership with more than 20 companies, putting high emphasis on the development of the state-of-the-art technology and taking advantage of the growing opportunity including the overseas market. The company was also quick to respond to customer''s technical and business needs. These endeavours bore fruits. Now, Viisage is recognised as one of the leading companies in the area of facial recognition.