Growth consultancy Frost & Sullivan has recognized BIO-key with its 2015 Global Frost & Sullivan Award for Product Line Strategy Leadership. The award recognizes companies for particularly comprehensive product lines, given their intended markets.
BIO-key earned the recognition for its versatile product suite, which is aimed at both government and commercial clients. In a statement, Frost & Sullivan Global Program Director Jean-Noël Georges asserted that “BIO-key’s vision sets it apart from the competition, as they ensure that the biometric authentication functions are directly integrated with existing applications for rapid time-to-value,” adding later that the company’s “combination of time-tested software and value-priced hardware components will create a scalable and cost-efficient fingerprint authentication solution for markets that previously found biometrics prohibitively expensive.” Georges also highlighted BIO-key’s low-cost USB fingerprint readers, noting that they could prove valuable in replacing or enhancing archaic legacy systems, especially in the areas of healthcare, retail, and banking.
It’s strong encouragement for the company as it seeks to hone in on its 2015 goals in Q4. The award could also further boost BIO-key’s reputation as it wraps up its 12-city tour with Microsoft for the Ignite Your Business with Windows 10 and Office 2016 launch events.
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November 20, 2015 – by Alex Perala
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