Biometrics Key to Future Growth in Healthcare, Retail and Financial Markets

–Learn how industry-specific applications will develop in Frost & Sullivan’s upcoming live webinar

MOUNTAIN VIEW, Calif., March 12, 2015 /PRNewswire/ —

WHEN:

Tuesday, March 17, 2015 at 11:00 a.m. EDT

LOCATION:

Online, with Complimentary Registration here: http://bit.ly/1G7Os0L.

SPEAKERS:

Frost & Sullivan Measurement & Instrumentation Program Manager Aravind Seshagiri

 

Learn how industry-specific applications will develop in Frost & Sullivan's upcoming live webinar

Learn how industry-specific applications will develop in Frost & Sullivan’s upcoming live webinar

Photo – http://photos.prnewswire.com/prnh/20150311/181111

Biometric companies must plan for the future in order to compete in several different markets and industries. This is especially true as the market is currently witnessing an uptrend.

Join Frost & Sullivan’s upcoming complimentary webinar, “The Future of Biometrics,” to understand the potential of the market and its impact on current businesses. Industry leaders should attend this webinar to learn how biometrics will boost convergence and growth in other markets.

Questions this webinar will answer:

  • How will the market affect industries such as retail, finance and healthcare?
  • How will biometric technologies evolve?
  • What are future trends in the biometrics market?

Supporting Quote:
“Due to the numerous benefits they offer, biometric technologies will witness elevated growth and spur growth in several end-user segments,” said Frost & Sullivan Measurement & Instrumentation Program Manager Aravind Seshagiri. “Markets will move towards using biometrics in multiple combinations to ensure security remains intact.”

Registration:
For more information email mireya.espinoza@frost.com your full name, job title, company name, telephone number, company email address and website, city, state and country or click here: http://bit.ly/1G7Os0L.

About Frost & Sullivan
Frost & Sullivan, the Growth Partnership Company, works in collaboration with clients to leverage visionary innovation that addresses the global challenges and related growth opportunities that will make or break today’s market participants.

Our “Growth Partnership” supports clients by addressing these opportunities and incorporating two key elements driving visionary innovation: The Integrated Value Proposition and The Partnership Infrastructure.

  • The Integrated Value Proposition provides support to our clients throughout all phases of their journey to visionary innovation including: research, analysis, strategy, vision, innovation and implementation.
  • The Partnership Infrastructure is entirely unique as it constructs the foundation upon which visionary innovation becomes possible. This includes our 360 degree research, comprehensive industry coverage, career best practices as well as our global footprint of more than 40 offices.

For more than 50 years, we have been developing growth strategies for the global 1000, emerging businesses, the public sector and the investment community. Is your organization prepared for the next profound wave of industry convergence, disruptive technologies, increasing competitive intensity, Mega Trends, breakthrough best practices, changing customer dynamics and emerging economies?

Contact Us: Start the discussion

Join Us: Join our community

Subscribe: Newsletter on “the next big thing”

Register: Gain access to visionary innovation

Contact:
Mireya Espinoza
Corporate Communications – North America
P: +1.210.247.3870
F: +1.210.348.1003
E: mireya.espinoza@frost.com

Photo – http://photos.prnasia.com/prnh/20150312/8521501567

Healthcare is up for a Revolution with the Rise of Personal Genomic Tests

— Frost & Sullivan finds that direct to consumer genomics, which were close to absent a decade ago, are currently thriving

LONDON, Feb. 24, 2015 /PRNewswire/ — As the era of personalized medicine dawns on healthcare, the need to understand an individual’s genetic information through genomic testing has risen. This emerging branch of medicine has given birth to multiple companies that provide genetic tests to help end users understand their genetic profiles and assess their predisposition to inherited and terminal diseases like Alzheimer’s and Parkinson’s.

Frost & Sullivan Technical Insights

Frost & Sullivan Technical Insights

New analysis from Frost & Sullivan, Future of Personalized Genomics, finds that with the reduction in sequencing costs, companies are providing affordable genetic tests directly to consumers through the e-commerce platform. However, the clinical accuracy of direct-to-consumer genetic tests has come under scrutiny lately. Single nucleotide polymorphism-based sequencing used in these tests is not as accurate as more expensive technology platforms such as whole exome or whole genome sequencing.

For complimentary access to more information on this research, please visit:  http://corpcom.frost.com/forms/EU_PR_AZanchi_D53C-TI_23Feb15

“Stringent protocols and standardization policies need to be put in place to separate medically-viable genetic tests from the ones catering to sheer curiosity,” said Technical Insights Research Analyst Madhumitha Rangesa. “The entire industry requires a gold standard approach that establishes a foundation for the development of advanced genetic tests.”

Genetic information being made available to the public and stored infinitely in a virtual space will bring with it multiple safety and ethical implications. Apprehensions on the potential segregation that could take place on the basis of genetic information, especially when providing health or life insurance, cannot be ignored. The ownership rights of genetic information are not as well-regulated as medical information, making it another cause for concern.

Genetic service companies must partner with or hire genetic counsellors to clarify and explain genetic test results to end users in order to improve medical interventions, facilitate informed decisions, and raise awareness on legal issues. To ensure accuracy and credibility, small genetic testing companies are collaborating with larger laboratories that have the necessary certifications and lab protocols.

“To further enhance genetic tests, several national initiatives that boost funding opportunities have been deployed,” added Rangesa. “Organizations like the National Institute of Health are heavily sponsoring academics and industrial research to encourage innovation in this rapidly-evolving landscape.”

Future of Personalized Genomics, a part of the Technical Insights subscription, provides technology snapshots and trends in genomic testing as well as an impact assessment of key players and their pertinent business models. Frost & Sullivan’s expert analysts thoroughly examine whole exome sequencing, whole genome sequencing, SNP-based sequencing, and array based sequencing following extensive interviews with market participants. Technical Insights is an international technology analysis business that produces a variety of technical news alerts, newsletters, and research services.

About Frost & Sullivan
Frost & Sullivan, the Growth Partnership Company, works in collaboration with clients to leverage visionary innovation that addresses the global challenges and related growth opportunities that will make or break today’s market participants. For more than 50 years, we have been developing growth strategies for the global 1000, emerging businesses, the public sector and the investment community. Is your organization prepared for the next profound wave of industry convergence, disruptive technologies, increasing competitive intensity, Mega Trends, breakthrough best practices, changing customer dynamics and emerging economies?

Contact
Anna Zanchi
Corporate Communications – Europe
P: +39.02.4851 6133
E: anna.zanchi@frost.com 
http://www.frost.com

Photo – http://photos.prnasia.com/prnh/20150224/8521501096

Emerging Technologies Enable Smarter Monitoring of Assets, Push Industrial Testing, Inspection and Monitoring Market

– Mechanical testing driven by supporting Mega Trends in consumer electronics, big data and beyond-BRIC markets, finds Frost & Sullivan

MOUNTAIN VIEW, Calif., Dec. 4, 2014 /PRNewswire/ — Increased emphasis on product quality, reliability and safety has boosted investments in new testing and inspection technologies. The convergence of industries and products has also given rise to a range of innovative test solutions. This trend is further driven by the requirements of Generation Y, which is generally more inclined towards communication, media and digital technologies. As a result, product development strategies of test equipment vendors will cater to their needs, aiming incorporate emerging technologies like touch-screens, intuitive software, and even interactive voice response.

As a result, product development strategies of test equipment vendors will incorporate emerging technologies like touch-screens, intuitive software, and even interactive voice response.

As a result, product development strategies of test equipment vendors will incorporate emerging technologies like touch-screens, intuitive software, and even interactive voice response.

Photo – http://photos.prnewswire.com/prnh/20141204/162397

New analysis from Frost & Sullivan, Impact of Mega Trends on the Mechanical Test Market, identifies and understands how key Mega Trends such as big data, emerging economies beyond BRIC (Brazil, Russia, India and China), and the rise of Gen Y will influence the mechanical test market in the years to come. The study covers nondestructive testing (NDT), condition monitoring, dimensional metrology and material testing.

For complimentary access to more information on this research, please visit: http://bit.ly/1w3EFse.

New infrastructure projects in markets beyond BRIC will be the biggest driver for capital expenditure-based industrial inspection and monitoring solutions. Potential game-changing countries include Indonesia, Turkey, the Middle East, and Africa. Markets will also see wide-scale adoption of big data platforms that enable continuous monitoring of critical and non-critical assets to maximize productivity and prevent costly shutdowns.

“Productivity trends in the consumer electronics industry, such as enhanced processing power, expanded memory, display technologies, lithium-ion batteries, and a shift toward touch-based devices, will directly impact tomorrow’s mechanical test equipment,” said Frost & Sullivan Measurement and Instrumentation Program Manager Vijay Mathew. “Equipment vendors are increasingly integrating these features into their devices as technologies continue to converge and solutions become more interactive, portable, connected and easy to navigate.”

Lack of skilled technicians and an aging workforce is a key challenge in the mechanical test industry. Though well-publicized infrastructure failures, aging infrastructures and growing investments in new infrastructure projects have incrementally increased demand for new technicians, the supply shortage continues. Coupled with shrinking budgets, end-user industries are compelled to outsource maintenance and inspection services.

“With buzzwords such as Industry 4.0, smart factories and smart manufacturing gaining interest, end users look to move away from traditional testing and inspection technologies and opt for automated solutions that can be integrated with modern production lines,” observed Mathew. “Inclusion of cloud-based software and networked systems and interfaces will also be crucial to meet the requirements of Industry 4.0.”

Impact of Mega Trends on the Mechanical Test Market is part of the Test & Measurement Growth Partnership Service program. Frost & Sullivan’s related studies include: Alternative Energy and NDT: Impact of Shale Gas and Oil Sands on the NDT Inspection Services Market, Beyond BRIC Opportunities for NDT Inspection Services Market: Middle East and North Africa, Current and New Opportunities for Metrology in the Automotive Industry, Analysis of the Emerging and Nontraditional Nondestructive Testing Equipment Market and World Material Testing Equipment Market. All studies included in subscriptions provide detailed market opportunities and industry trends evaluated following extensive interviews with market participants.

About Frost & Sullivan

Frost & Sullivan, the Growth Partnership Company, works in collaboration with clients to leverage visionary innovation that addresses the global challenges and related growth opportunities that will make or break today’s market participants.

Our “Growth Partnership” supports clients by addressing these opportunities and incorporating two key elements driving visionary innovation: The Integrated Value Proposition and The Partnership Infrastructure.

  • The Integrated Value Proposition provides support to our clients throughout all phases of their journey to visionary innovation including: research, analysis, strategy, vision, innovation and implementation.
  • The Partnership Infrastructure is entirely unique as it constructs the foundation upon which visionary innovation becomes possible. This includes our 360 degree research, comprehensive industry coverage, career best practices as well as our global footprint of more than 40 offices.

For more than 50 years, we have been developing growth strategies for the global 1000, emerging businesses, the public sector and the investment community. Is your organization prepared for the next profound wave of industry convergence, disruptive technologies, increasing competitive intensity, Mega Trends, breakthrough best practices, changing customer dynamics and emerging economies?

Contact Us:     Start the discussion

Join Us:           Join our community

Subscribe:       Newsletter on “the next big thing”

Register:         Gain access to visionary innovation

Impact of Mega Trends on the Mechanical Test Market
NDF1-30

Contact:
Ariel Brown
Corporate Communications – North America
P: (210) 247.2481
F: (210) 348.1003
E: ariel.brown@frost.com

Photo – http://photos.prnasia.com/prnh/20141204/8521407313

Hear from The Economist’s 2014 Innovation Award Winners at Innovation Summit on October 10th in Hong Kong

2014 marks the first time The Economist’s innovation initiative has come to Asia in its 13-year history

HONG KONG, Sept. 30, 2014 /PRNewswire/ — Winners of The Economist’s prestigious Innovation awards 2014 will speak at The Economist Events’ Innovation Summit scheduled to take place at the JW Marriott Hong Kong on Friday, October 10th 2014. At the summit, the award winners will share their experiences and the lessons those hold for others. The awards, which recognises outstanding people who have made a proven innovation over the past decade, will be presented at a ceremony in Hong Kong the night before the summit. It will be the first time the ceremony has come to Asia. The award winners speaking at the summit include:

Nandan Nilekani, former head of the Unique Identification Authority of India (UIDAI), has won the Social & Economic Innovation Award for his leadership of the country’s national identity scheme.

Jay Keasling, Professor of Chemical Engineering at the University of California, Berkeley and Senior Faculty Scientist, Lawrence Berkeley National Laboratory for synthetic artemisinin used to treat malaria.”I was fortunate to lead a team of very talented scientists and engineers who worked long and hard to complete this high risk, high reward project,” said Dr Keasling. “Because of their efforts, the lives of many people will be saved and made better. Adoption of semisynthetic artemisinin is an important step forward in eradicating malaria.”

Pixar Animation Studios has won the Corporate Award for its ground-breaking computer animation tools, technology and feature films. Marc Greenberg, Vice President, Finance and Strategy, Pixar Animation Studios will speak on behalf of Pixar Animation Studios at the summit. “Pixar is honored to receive The Economist’s Corporate Innovation Award, which we accept on behalf of the studio’s incredible employees,” said Marc Greenberg.  “Their creativity, commitment and drive are the source and foundation of all the company’s accomplishments.”

Renaud Laplanche, Founder and CEO of Lending Club, has won the Consumer Product Award for pioneering peer-to-peer consumer lending. “Our mission is to transform the banking system to make credit more affordable and investing more rewarding, and we’re gratified that so many investors and borrowers continue to find value in that commitment,” said Lending Club CEO Renaud Laplanche. “Having the impact of this disruption recognized and validated by the Economist Innovation Awards is a significant honor, and I’m excited to be recognized on behalf of all Lending Club team members.”

As in The Economist newspaper, the Innovation Summit will explore innovation through the lens of what matters to senior executives in Asia, without the hype. In addition to hearing from award-winning innovators, chief executives will share corporate stories of success and failure — with insight on how to learn from both. Entrepreneurs will share how to think like the competition in order to not be beaten by it. Participants will survey where disruption is heading in Asia and suggest how to avoid the shocks. The right role for government in spurring innovation will be examined and the latest breakthrough technologies will be revealed. Finally, The Economist will challenge the prevailing assumption that innovation is good and plentiful by debating the provocative notion that “We are not as innovative as we think”.

Other featured speakers include:

  • Fanny Law, Member, HKSAR Executive Council, Chairperson, Hong Kong Science & Technology Parks Corporation
  • Tom Standage, Online and Digital Editor, The Economist
  • Vijay V Vaitheeswaran, Author of Need, Speed, and Greed, China Business Editor and Shanghai Bureau Chief, The Economist Guo Ping, Deputy Chairman of the Board, Rotating Chief Executive Officer, Huawei Nisaba Godrej, Executive Director, Godrej Consumer Products
  • Kevin Goldmintz, Chief Executive Officer, Octopus
  • K. R. Sanjiv, Chief Technology Officer, Wipro Raj Thampuran, Managing Director, Agency for Science, Technology and Research
  • Scott Anthony, Managing Partner, Innosight
  • William Saito, Founder and Chief Executive Officer, InTecur K.K., Special Advisor, Cabinet Office for Government of Japan Toshiyuki Inoko, Founder, teamLab Andrew Chung, Managing Partner, Khosla Ventures Sirgoo Lee, Co-Chief Executive Officer, Daum Kakao
  • David Jensen, Global Innovation and Digital Strategy Leader, EY
  • Viren Shetty, Senior Vice President, Strategy and Planning, Narayana Hrudayalaya Tyler Cowen, Author, Professor of Economics, George Mason University
  • Parag Khanna, Managing Partner, Hybrid Reality, Senior Fellow, New America Foundation

First time in Asia

Innovation is an increasingly global activity. No city, country or region has a monopoly on “new ideas that create value”, as The Economist likes to define it. The awards, the only awards presented by the newspaper, and the summit reflects that fact in its choice of location as well as its content.

“Unlike other awards ceremonies and conferences, our focus is not simply on promising innovations that might turn out to be important,” says Tom Standage, Online and Digital Editor of The Economist. “Rather, our focus is on proven innovations that have demonstrated their value — and the lessons that can be learned from them. In other words, we look backwards in order to look forwards.”

The Economist Intelligence Unit will be releasing a white paper Under the radar: Innovation in Asia evolves at the summit.

For further information on the awards and summit please visit the website: economistinsights.com/innovation2014.

Huawei and EY are sponsors for The Economist’s Innovation Awards and Summit 2014. InvestHK is the host sponsor.

About The Economist‘s Innovation Awards

In this annual awards programme, The Economist showcases creative people who dream up new ideas and turn them into reality. The newspaper invites its readers to nominate outstanding innovators in seven categories: Bioscience, Computing and Telecommunications, Consumer Products, Energy and the Environment, Process and Service Innovation, Social and Economic Innovation, and a special “no boundaries” category for innovations that span industries and sectors. In addition, the judges select the winner of the corporate award for innovation.

This year’s award judges included Tom Standage, Online and Digital Editor, The Economist; Vijay Vaitheeswaran, China Business and Finance Editor, The Economist; Hernando de Soto, Chairman, Institute for Liberty and Democracy; Hongyang Wang, Director, National Center for Liver Cancer, China Department of Health Science; and Lesa B. Roe, Director, Langley Research Center, NASA. To see the full judging panel, please visit the awards’ website: http://economistinsights.com/innovation2014.

Over the past 13 years, The Economist‘s Innovation Awards programme has recognised the work of the world’s leading entrepreneurs, thinkers, creators, scientists and innovators, including Steve Jobs, Mark Zuckerberg, Hernando de Soto and Elon Musk.

About Nandan Nilekani and the identity system

UIDAI was set up in 2009 with the aim of issuing everyone in India, especially the poorest residents in rural areas, a unique identification number. This would enable them to prove their identity in order to do things like open a bank account or get credit. Mr Nilekani led the team to create a biometric database of personal identities relying on fingerprints and iris scans.

The identity system can both reduce fraud and allow for the provision of vastly improved public services. When people have valid identification and bank accounts, government payments can go directly to them rather than into the pockets of intermediaries who have invented imaginary ghost workers or welfare recipients. Direct payments also allow people to be more mobile and leave their home village to seek work without forfeiting any benefits.

About Jay Keasling’s discovery

Artemisinin is the main ingredient used in drugs for treating malaria. But the natural supply of artemisinin is limited and inconsistent. Dr Keasling discovered how to synthesise small amounts of artemisinic acid, and formed a company named Amyris to develop the biological process. In December 2004 the Bill & Melinda Gates Foundation gave US$42.6 million to fund its research. Amyris was able to boost artemisinic acid production by a factor of 15. This led to large-scale production of semi-synthetic artemisinin.

Dr Keasling’s work has led to a major advance in the treatment of malaria, which affects an estimated 250 million people a year. It will increase and stabilise the supply of artemisinin, and lower the cost of this key malaria treatment.

About Pixar Animation Studios

Pixar has produced many significant technological breakthroughs, including computer graphics software that enables production of animated images of unparalleled quality, richness and vibrancy. Every Academy Award® winner for Visual Effects in the past 15 years has used Pixar’s suite of RenderMan products.

Pixar also changed the way animated films were made by launching its own short and then full-length animated feature films created entirely with computer technology. Its first feature film, “Toy Story,” was the highest-grossing movie of 1995. Pixar has earned 30 Academy Awards®, including seven for Best Animated feature, six Golden Globe Awards and 11 Grammy Awards.

About Renaud Laplanche and the Lending Club

In 2006, Renaud Laplanche noticed that if he carried a balance on his bank credit card he would pay 16.49% interest, yet the same bank would pay him interest of only 0.48% on his savings account. Intrigued by the huge spread, he built an online peer-to-peer marketplace called Lending Club that connects borrowers and investors, efficiently connecting the supply and demand of capital.     

Most borrowers use Lending Club to access affordable credit.  All of the loans offered through Lending Club’s marketplace feature fixed rates, fixed monthly payments, no hidden fees and no prepayment penalties.  Lending Club delivers value to investors by providing them with the opportunity to earn attractive risk-adjusted returns.  Between its launch and June 30th 2014, Lending Club facilitated $5 billion in loans.

Media Contact:

Stefanie Wong
Phone Number: +852-2837-4773
Email: Stefanie.wong@edelman.com

Trustonic and Fingerprint Cards Collaborate to Bring Secure Biometrics to Connected Devices

GOTHENBURG, Sweden, Aug. 19, 2014 /PRNewswire/ —

Trustonic TEE technology to secure FIDO Ready biometric authentication in smart devices 

Trustonic, the leading provider of Trusted Execution Environments (TEEs) for smart devices, and Fingerprint Cards AB (FPC) today announced a collaboration to accelerate the availability of FIDO Ready™ secure biometric authentication on connected devices.

The collaboration focuses on FPCs touch fingerprint sensors (FPC1020, FPC1021 and FPC1150) and sensor driver software that are built to use Trustonic <t™-base TEE. This will allow mobile device OEMs to reduce integration time and offer fingerprint authentication and Secure UI capabilities as they prepare to launch smartphones and tablets using FPC’s touch fingerprint sensors from the fall of 2014. The fingerprint sensor driver caters to the demand for robust identity and authentication technologies as users embrace the next wave of trusted high-value services on their mobile devices.

The FPC fingerprint sensor driver uses the Trustonic TEE to enable hardware isolation of fingerprint matching and template storage, without sacrificing high-performance app processing and cutting integration efforts to the shortest possible for the OEMs. This hardware-class approach to security on smart connected devices overcomes the vulnerabilities of fingerprint authentication using device operating systems (OS).

Fingerprint authentication technology removes the need for usernames and passwords on connected devices. The convenience and trust afforded to consumers, service providers and device OEMs through adoption of biometrics and fingerprint sensors on smart devices is predicted to result in growth by 16.8% to $14.35 billion by 2020 [1].

“Traditionally, biometric sensors would feature their own processor, which has proven to be expensive and time-consuming in getting products to market,” said Trustonic CEO, Ben Cade. “As the leading TEE already integrated in over 250 million devices, our collaboration with Fingerprint Cards will help drive the adoption of biometric sensors into the next wave of connected devices. For service providers and consumers, this offers greater convenience and a higher level of trust in payment services and enterprise security.”

Johan Carlstrom, CEO of FPC, said: “FPC is the leading global supplier of capacitive touch fingerprint sensors and the leader in fingerprint sensors for mobile devices. By using Trustonic’s industry-leading TEE to protect our fingerprint sensor driver, FPC can now help OEMs to rapidly deploy FIDO-compliant robust biometric authentication to cater to the growing demand for value-added services on connected devices.”

If you would like to learn more about how TEE can authenticate services such as mobile payments, please read the recent Trustonic whitepaper, Five Standards for One Way to Pay.

1. Fingerprint Sensor Market: Markets and Markets – July 2014

About Trustonic 

Trustonic integrates hardware-level security and trust directly into the devices through which we access today’s connected world. Trustonic simplifies user experiences in everything from mobile shopping and Internet banking to entertainment to collaborating in the workplace. Trustonic Limited is a privately held company, between three shareholders: ARM, Gemalto and Giesecke & Devrient (G&D). Trustonic technology is embedded in over 250m smart connected devices, and partners with market leaders such as 20th Century Fox, Cisco, Samsung, Qualcomm and Good Technology. To learn more about Trustonic and how it’s making your connected world a better place, visit us at http://www.trustonic.com

About Fingerprint Cards AB (publ)

Fingerprint Cards AB (FPC) markets, develops and produces biometric components and technologies that through the analysis and matching of an individual’s unique fingerprint verify the person’s identity. The technology consists of biometric sensors, processors, algorithms and modules that can be used separately or in combination with each other. The competitive advantages offered by the FPC’s technology include unique image quality, extreme robustness, low power consumption and complete biometric systems. With these advantages and the ability to achieve extremely low manufacturing costs, the technology can be implemented in volume products such as smart cards and mobile phones, where extremely rigorous demands are placed on such characteristics. The company’s technology can also be used in IT and Internet security, access control, etc.

Fingerprint Cards AB (publ) discloses this information pursuant to the Swedish Securities Market Act (2007:528) and the Swedish Financial Instruments Trading Act (1991:980). The information was issued for publication on August 19 at 08.00 am CET.

Important information 

Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the constituent information in accordance with the rules and regulations prevailing in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any of the company’s securities in any jurisdiction.

For more information, contact:
Robert Brown, robert.brown@trustonic.com or Trustonic PR, Sukul M. Bagai, Trustonic@racepointglobal.com +44(0)20-8811-2474
Johan Carlstrom, CEO Fingerprint Cards AB (publ), +46(0)31-60-78-20, investrel@fingerprints.com