Biometric Vendor/Technology Audit

IBG's Biometric Vendor/Technology Audit provides comprehensive strategic assessment of the strengths and weaknesses of a biometric vendor, technology, and/or solution. 

For biometric companies, IBG's Biometric Vendor/Technology Audit can strengthen products, services, and strategic position in the market. For potential investors or technology partners in need of an independent technology or vendor evaluation, the Biometric Vendor/Technology Audit provides a realistic assessment of the strengths, weaknesses, and overall viability of a biometric vendor and its technology.

IBG's Biometric Vendor/Technology Audit provides the following solution-oriented assessments:

• Assessment of the solution's strengths, weaknesses, and capabilities relative to competing products or services
• Evaluation of the solution's ability to meet the needs of its target markets
• Assessment of solution's accuracy, ease of use, security design
• Administrative and end-user feature set and functionality analysis
• Range of applications and areas of potential integration
• Improvements necessary to optimize the hardware and/or software solution
• Compliance with industry standards such as BioAPI, BAPI, CBEFF, and x9.84

The Biometric Vendor/Technology Audit also addresses the following company-centered areas:

• Effectiveness of strategic approach to the biometric industry
• Size and potential penetration within specific biometric applications, markets, and end user categories
• Effectiveness of sales and marketing efforts relative to commercial and government markets
• Strengths and weaknesses in current partnerships and alliances
• Viability of its revenue models, barriers to entry
• Position and capabilities relative to competitors

IBG provides focused and informed guidance to companies seeking investment, investigating partnerships, or looking to differentiate themselves in the biometric industry. IBG's Biometric Vendor/ Technology audit has become a necessity in a highly competitive biometric market.

Download more information on Strategic Vendor/Technology Assessments.

Contact IBG to learn how our experience in evaluating hundreds of biometric products, along with our knowledge of emerging trends in biometric industry, can strengthen your products and services and strengthen potential partnerships.