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Showing posts with the label market trends

Here’s How Biometric as a Service Solutions Are Shaping the Security Infrastructure

Biometric as a Service (BaaS) provides security solutions by utilizing physical characteristics like a fingerprint, face, iris, etc., of an individual. With rapid technological advancements & the mounting shift toward digitalization, several end-users like Banking & Financial Services, Government Agencies, IT/ITES companies, Healthcare, Manufacturing, Energy & Utilities, Retail industries, etc., are actively adopting BaaS models. The Rise of Biometric as a Service With the growing adoption of BaaS solutions to attain a secure way of human identification, industries from small, medium & large size organizations are swiftly inclining toward these services. However, small & medium enterprises across some regions are still not entirely opting for these solutions, primarily due to the high setup costs associated with the service & the maintenance of biometric systems. Nonetheless, several Biometric service providers are addressing these issues to reduce costs b...