ImageWare Systems, Inc., a leader in mobile and cloud-based, multi-modal biometric identity management solutions, has signed a three-year agreement with a major international retailer to provide its cloud-based, multi-modal biometric identity management product suite running on the Fujitsu Trusted S5 Cloud platform.
Under the agreement, ImageWare’s IWS CloudID® product suite will use face, finger, iris and voice authentication; and run on top of the Fujitsu Trusted Cloud S5 platform, a fully configured, on-demand IT infrastructure, over the internet. The initial implementation will begin in the retailer’s Mexico City locations in September, led by ImageWare’s local subsidiary, ImageWare Systems de Mexico.
The biometric products will be licensed on a service-fee model, generating revenue from an initial license fee per person and a recurring monthly license fee thereafter. The company expects to begin generating revenues in the third quarter of 2014.
“Organizations face heavy burdens related to the creation and maintenance of digital identities, data accuracy and lack of integration across credentialing, human resources, and physical and logical access control,” said Jim Miller, ImageWare’s Chairman and CEO.