EMOTION DETECTION AND RECOGNITION (EDR) MARKET ANALYSIS

Key Developments

• In September 2022, CyberLink Corporation, a leader in AI and facial recognition technology, integrated its FaceMe AI face recognition engine into MediaTek's new Genio AIoT platform. This integration with MediaTek’s Genio 1200 enhances FaceMe’s precision in facial recognition, enabling versatile deployment across various sectors, including security, smart banking, access control, public safety, and smart retail.
• In July 2022, Secunet, a prominent security and biometrics firm based in Germany, announced its plans to equip Zurich Airport with technology to ensure compliance with the European Entry/Exit System (EES). This system mandates that third-country nationals register with a facial image and four fingerprints to cross the Schengen area's land, sea, and air borders.
• In February 2022, NEC Corporation, a global leader in IT and network solutions, enhanced its strategic partnership with SAP, a major enterprise software provider, to accelerate NEC’s corporate transformation (CX) and co-create new business opportunities. By leveraging the latest SAP solutions, NEC aims to drive CX improvements, build on the reforms achieved with SAP technologies, achieve data-driven management, adapt flexibly to business changes, and optimize employee capabilities.
• In February 2022, IBM, a global leader in technology and consulting services, acquired Neudesic, a prominent US cloud services consultancy specializing in the Microsoft Azure platform and multi-cloud solutions. This acquisition will greatly enhance IBM’s hybrid multi-cloud services portfolio and advance its hybrid cloud and AI strategy.