By utilizing the unique properties of biometrics, Fingerprints’ solutions create an easier and more secure life. The value contribution is based on a sensitivity to the need of the market, employees with expertise, financial capital and good relations
Leader in biometric technology and solutions
A secure and seamless universe, where you are the key to everything.
To provide safe and convenient identification and authentication with a human touch.
Fingerprints develops and sells biometric solutions to companies globally which develop products and services interfacing with people.
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A STRATEGY FOR long-term profitable growth in biometrics
Fingerprints will generate profitable growth by assuming a leading position in selected segments, and being recognized as a provider of very high-level security solutions in the mobile industry and the FinTech sector.
Fingerprints’ strategy is based on defending and building on our strong position in the smartphone segment while diversifying the business into prioritized areas outside the mobile industry.
Fingerprints was one of the pioneers when biometrics had its global breakthrough in mobile telephony about four years ago. We have maintained a leading position in the industry ever since. While biometric solutions for smartphones will remain an attractive and growing market moving forward, the mobile sector is characterized by a high level of competition and rapidly shifting trends. Capacitive sensors, which have dominated so far, have experienced sharp price falls and are now facing increasing competition from alternative technologies. In Mobile, which accounted
for approximately 90 percent of sales in 2018, the most important strategic priority is to expand the product portfolio to defend and capitalize on the company’s strong position.
Biometric solutions are being adopted in more and more areas outside the mobile industry. Fingerprints sees great potential in utilizing the company’s economies of scale and experience of mass production of sensors in its expansion into new customer segments. Biometric smart cards represent the application that Fingerprints regards as having the greatest potential in the coming
years, since the potential market is very large, with about four billion smart cards produced each year. Fingerprints deems that the major card brands’ certifications of contactless biometric cards are imminent. This would mark the starting signal for a new mass market for biometric solutions. Fingerprints has a very strong starting point from which to be able to secure global leadership
in this area.
Biometrics are expanding in an array of other areas, where secure and user-friendly authentication is critical. However, the biometrics market, apart from smartphones and smart cards, is fragmented and Fingerprints has chosen to assign priority to entry systems and vehicles, where the near-term potential is deemed to be greatest.