May 20, 2022

Is Biometrics-as-a-Service (BaaS) the Future of the Biometrics Industry?

Is Biometrics-as-a-Service (BaaS) the Future of the Biometrics Industry
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I bet you have heard the term SAAS or software as a service. It is one of the most popular models of software distribution which is done using the cloud. Like the SAAS model, the biometrics industry leaders have started to follow the same model to make biometrics services more accessible and more affordable. In this article, we will try to discuss this model and pinpoint the prospects of Biometrics as a Service.

What is Biometrics as a Service

Firms, corporations, and individuals are searching for more efficient, secure, and on-the-go business ways in today’s digital world. Furthermore, tech-savvy customers are driving the proliferation of portable mobile devices such as smartphones, tablets, and other such devices, which fuels the need for location-independent, universal distribution channels such as the cloud.

When it comes to biometric services, the first impression is many devices and the massive cost of deployment as we are experiencing a biometrics revolution. That was the actual scenario a few years ago. To address this issue, biometrics league leaders like M2SYS are working tirelessly to overcome the affordability and accessibility of biometrics services. The widespread usage of biometric technology for the identification and verification of people and cloud computing for putting away and exchanging data over the internet has resulted in the birth of Biometrics-as-a-Service, a unique and original technology.

Biometrics-as-a-Service (BaaS) is a paradigm that uses the well-established techniques of the SaaS (Software-as-a-Service) model to execute biometric matching activities in the cloud infrastructure and provide it as a subscription for users.

Examples of Biometrics as a Service

Biometrics as a Service is based on the software as a service model, and it is not as straightforward as the traditional subscription model. The technology itself is a bit complicated, and it took some time to push this technology as a cloud-based service. But as soon as it was on the market, organizations from different industries started to embrace this miracle. Here are some biometric modalities that can be accessed as a cloud service.

  • Fingerprint Recognition
  • Face Recognition
  • Iris Recognition
  • Vein Recognition

 

There are limited BaaS providers in the market currently, and CloudABIS™ is one of the best cloud-based biometric services offered by M2SYS. With over 20 years of experience combined, CloudABIS is one of a kind massively parallel biometrics-as-a-service (BaaS) matching system that alleviates the difficulty and expense of developing and maintaining a trustworthy biometric identity system. Here are a few advantages of CloudABIS.

  • Easy to integrate web API
  • Superfast 1:N matching
  • Multi-device compatibility
  • Highly scalable & inexpensive
  • Multiple biometric modalities

 

Advantages of Biometrics as a Service

The general conception of Biometrics is that it requires a tremendous amount of time and infrastructure to establish. This was true before the introduction of Biometrics as a Service. Thanks to this fantastic technology, small to mid-sized organizations can benefit from biometric services. Here are a few advantages of cloud biometric services.

  1. No development

Thanks to BAAS, you no longer have to deal with developing biometric enrolment and matching services from scratch. As there are no development dependencies, you can start using biometric services anytime.

 

  1. Rapid deployment:

As no development is required, the biometric services are integrated using the well-documented web API. It just takes 1-2 hours to incorporate the Cloud ABIS web API so you can start matching in quick succession.

 

  1. No infrastructure:

Cloud biometrics do not require any complicated on-premise infrastructure and networking hassle. On-premise servers & networking operations require much maintenance. Why go through all these hassles when you have CloudABIS.

 

  1. Flexible & scalable:

Cloud biometrics offers flexible & scalable solutions for any biometric project. You do not have to spend on the things you do not need. You can pay as you go, which makes perfect sense for organizations just starting any biometric projects.

 

  1. Business automation:

Using biometric services, businesses from all over the industry can automate their existing process. Biometric automation is revolutionizing scam detection, know-your-customer (KYC), workforce management, patient identification, customer identification, etc.

Cloud biometrics Service in the Future

As many people say, the future is now for the biometric industry, the BAAS is the future, and we live it now. IMARC Group has examined the significant dynamics of the biometrics-as-a-service market and estimates for 2021-2026. According to them, the current market size is around 1.8 billion USD, and by the end of 2026, the market is expected to grow by 23.6%

One of the leading reasons driving the market’s favorable outlook is the growing need for comprehensive authentication systems and the increasing usage of cloud-based services by businesses all over the world. To combat security assaults and identity theft, government and commercial businesses are implementing sophisticated BaaS systems. In addition, the broad acceptance of these solutions in the banking, healthcare, and retail sectors is boosting market development.

If we say Biometrics-as-a-Service (BaaS) is the future, it is not an understatement. All the facts lead to only one conclusion: Biometrics-as-a-Service (BaaS) is the future of the Biometrics industry.