Overview
TIGEREYE Inc. (Headquarters: Chuo-ku, Tokyo; CEO: Gaku Kamimura; hereinafter “TIGEREYE”) has entered into an agency partner agreement for “TIGEREYE SOLUTION,” TIGEREYE’s service application centered on biometric authentication, with Netyear Group Corporation (Headquarters: Chuo-ku, Tokyo; President & CEO: Toshiyuki Hayashida; hereinafter “Netyear Group”), which supports corporate marketing activities through UX design based on design thinking.
Background and purpose of the initiative
Netyear Group aims to deliver a high-quality user experience by providing face recognition tools to stores, offices, and other locations. “TIGEREYE SOLUTION,” TIGEREYE’s authentication service based on cloud computer vision technology (Note 1), directly contributes to the business expansion of client companies and, ultimately, to a society where everyone can live safely and conveniently.
*Note 1: Computer vision technology
A technology that allows computers to understand, analyze, and make decisions on their own based on information obtained through cameras, just as humans take in, analyze, and make decisions based on information.
The optimal user experience that Netyear Group pursues is not limited to digital experiences. The two companies agreed that authentication technology based on cloud computer vision is necessary to solve the business and social issues that will continue to diversify in both the digital and physical realms, which led to this agreement. Through this agreement, Netyear Group will design new services for client companies and society.
Service features
“TIGEREYE SOLUTION” is a service designed to make real-time, high-precision face recognition and a computer vision framework available across a variety of systems. It is browser-based face recognition, and all processing is done in the cloud. Because it requires no dedicated terminals or apps and no special equipment to be installed, it achieves significant cost reductions compared with conventional pricing and can be easily introduced in a wide range of fields.
Because the service is browser-based, it is highly versatile and can be integrated with other web services such as CRM, member authentication, attendance, entry and exit, cash registers, and web login, so it can be used for many purposes and situations. It can also be provided to client companies as a single, unified application, enabling multifaceted data management and analysis.
Benefits of adopting the service
Face recognition services generally come in real-time and asynchronous types, and TIGEREYE SOLUTION performs authentication in real time. Taking advantage of this, it can be used in a wide range of situations.
For example, in entry and exit management and security measures, face recognition enables contactless, highly accurate authentication. In visitor analysis and marketing at commercial facilities and event venues, face recognition makes it possible to understand visitors’ attributes and behavior and carry out more effective marketing measures. In monitoring congestion on public transportation and guiding passengers along optimal routes, face recognition makes it possible to understand passengers’ attributes and travel purposes and provide more appropriate services.
Improving convenience and comfort
Because no physical authentication medium is required, staff cards become unnecessary in office settings. Since only the person registered in the system can be authenticated by the AI, cards cannot be lent or borrowed, ensuring strict identity verification. Unlike IDs and passwords, there is nothing to forget or lose track of. It can also reduce the costs of issuing and arranging cards and the related support work.
Improving security and reducing costs
Security incidents at companies incur substantial recovery costs, cause serious damage, and can harm the corporate brand. Security measures using biometric authentication make it possible to reduce costs while strengthening security, helping to prevent future crises before they occur.
Toward 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 combined to achieve centralized data management. The companies aim to provide new services that contribute to building urban OS and smart cities.
TIGEREYE SOLUTION product overview: https://tigereye.ai/products/
About TIGEREYE Inc.
TIGEREYE is a company that owns cloud computer vision technology, including face recognition, and aims to solve social issues through AI-powered products. It provides services such as a biometric authentication platform, person attribute recognition, object recognition, behavior tracking, and prediction, and functions as social infrastructure to help deliver high-quality user experiences.
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 marketing consulting for the digital age, UX based on design thinking, service design, system development, and the planning and sale of marketing tools.
Future developments
TIGEREYE and Netyear Group will continue to contribute to a safe and secure society and to achieving the Sustainable Development Goals (SDGs) by leveraging authentication technology. The companies will provide solutions that combine cloud computer vision and design thinking to more companies and to society. From streamlining daily operations to creating new value, they will continue to offer services that contribute to the growth of client companies and society as a whole.
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