Agency Agreement Signed with Netyear Group - Aiming to Realize Safe and Secure Cities and Society through Real-Time High-Precision Face Recognition Technology
Overview
TIGEREYE Inc. (Headquarters: Chuo-ku, Tokyo; CEO: Gaku Kamimura, hereinafter referred to as TIGEREYE) has entered into an agency partner agreement with Netyear Group Corporation (Headquarters: Chuo-ku, Tokyo; President & CEO: Toshiyuki Hayashida, hereinafter referred to as Netyear Group), which supports corporate marketing activities through UX design with design thinking, for the biometric authentication-centered service application "TIGEREYE SOLUTION" provided by TIGEREYE.
Background and Purpose of the Initiative
Netyear Group aims to provide a high-quality user experience by offering face recognition tools to stores and offices. The authentication service "TIGEREYE SOLUTION" provided by TIGEREYE, which uses cloud computer vision technology,(*Note 1) directly contributes to the business expansion of client companies and the realization of a society where everyone can live safely and conveniently.
*Note 1: Computer Vision Technology
This technology allows computers to understand, analyze, and make decisions based on information obtained through cameras, similar to how humans gather, analyze, and make decisions based on visual information.
The optimal user experience pursued by Netyear Group is not limited to digital experiences. Both companies reached an agreement that authentication technology using cloud computer vision technology is necessary to solve diversifying business and social issues in both digital and physical realms, leading to this contract. Through this agreement, Netyear Group will design new services for client companies and society.
Service Features
"TIGEREYE SOLUTION" is designed to utilize real-time high-precision face recognition and computer vision frameworks across various systems. The service operates on a browser-based platform, with all processing handled in the cloud. It does not require dedicated terminals or applications, nor special equipment installation, significantly reducing costs compared to traditional methods and making it easy to introduce into various fields.
Because the service is provided on a browser-based platform, it has high versatility and can be integrated with other web services such as CRM, member authentication, attendance, entry/exit, cashier systems, and web login. It can be used in various applications and scenarios, offering a centralized application to client companies for comprehensive data management and analysis.
Benefits of Service Implementation
While general face recognition services offer both real-time and asynchronous services, TIGEREYE SOLUTION performs real-time authentication. This feature enables its use in various scenarios, such as entry/exit management and security measures, where it provides contactless and highly accurate authentication. In commercial facilities and event venues, face recognition can be used to analyze visitor attributes and behaviors, enabling more effective marketing strategies. For transportation congestion monitoring and optimal route guidance, face recognition can help understand passenger attributes and travel purposes, providing more appropriate services.
Improving Convenience and Comfort
As physical authentication media are not required, staff cards become unnecessary in office settings. Only registered individuals can be authenticated by AI, preventing card lending and ensuring strict identity verification. There is no risk of forgetting or losing IDs or passwords. Additionally, it reduces the costs and support tasks associated with card issuance and management.
Enhancing Security and Reducing Costs
Security-related incidents in companies can result in significant recovery costs and damage to the company's brand. Using biometric authentication for security measures can reduce costs and provide robust security measures, preventing future crises.
Promoting Urban OS and Smart Cities
Through this agreement, TIGEREYE's real-time high-precision face recognition technology and Netyear Group's expertise in UX design and marketing will be integrated to achieve centralized data management. This aims to provide new services contributing to the development of Urban OS and smart cities.
Product Overview of TIGEREYE SOLUTION:https://tigereye.ai/products/
About TIGEREYE Inc.
TIGEREYE is a company with cloud computer vision technology, including face recognition, aiming to solve social issues through AI-powered products. It provides services such as biometric authentication infrastructure, person attribute recognition, object recognition, behavior tracking, and prediction, promoting a high-quality user experience as a social infrastructure.
Company website:https://tigereye.ai/
Netyear Group Corporation (TSE Growth: Securities Code 3622)
With the mission "Creating the future of business digitally. Creating the future of business with users. ~ Everything starts with the user experience. ~", Netyear Group supports corporate loyalty marketing and engagement enhancement through digital age marketing consulting, UX with design thinking, service design, system development, and planning and sales of marketing tools.
Future Developments
TIGEREYE and Netyear Group will continue to contribute to achieving a safe and secure society and sustainable development goals (SDGs) by leveraging authentication technology. We will provide more companies and society with solutions that integrate cloud computer vision and design thinking. From daily operational efficiency to creating new value, we will continue to offer services that contribute to the development of client companies and society as a whole.
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