February 11, 2021

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The Video Surveillance Report 2022


Suprema shares business blueprint at virtual partner summit

New leadership and a business blueprint for future growth were the themes at this year’s Suprema partner summit, which took place virtually on 3 February this year.

The Partner Summit, attended by close to 100 Suprema partners, began with a greeting from James Lee, the new Chairman of the company. Lee thanked partners for Suprema’s sales performance, shared how Suprema headquarter employees are striving under the COVID-19 pandemic, and introduced the new leaders of the business.

Hanchul Kim, previous managing director of Suprema, was appointed the new Head of BioStar business. Seongbin Choi, the former head of software R&D, is now leading the entire BioStar R&D. Andrew Kim, who joined Suprema last September as Chief Strategic Officer, was named the Head of MOCA Systems Inc, a Suprema-affiliate start-up specialising in mobile credential solutions.

Suprema-BusinessBlueprint-21At the virtual partner event, Suprema shared the success of FaceStation F2, the fusion multimodal terminal featuring Suprema’s latest face recognition technology that combines the best of IR and visual face recognition methods. “FaceStation F2 hit record sales for most units sold three months into the launch. This is the most success than with any other product we’ve ever released,” the new Head of BioStar business noted. “Thanks in part to the success of FaceStation F2, Suprema’s sales units of face recognition devices more than doubled in 2020. With the demand for contactless solutions on the rise, we expect face readers to account for around 30% of entire unit sales in 2021.”

Suprema also presented a five-year vision to become a leading provider of ACaaS (Access Control as a Service) to enterprise market using AI, big data and cloud technology. “Suprema has a strong visual recognition, data analytics and AI technology that will serve well in advancing to object and motion detection, so it really is a natural path for us to expand to the field of fire, intrusion alarm and video surveillance and take BioStar platform to the cloud to offer a total solution to higher-end enterprise customers,” Kim explained.

Towards the end of the event, Suprema gave a peek of X-Station 2 scheduled for launch in the first half of the year. X-Station 2 is an advanced touchscreen-based card reader capable of adding QR code module option at the bottom.

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