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smartphones

Make The Most Of Your Business Technology

If there’s one thing that everyone can agree on it’s this: technology never stays still. There isn’t a moment when technology isn’t moving forward to become smaller, faster or more powerful. The worst thing that you can do for your business is to refuse to move forward with it. The moment you settle into a routine and decide that you don’t need to push your business forward, it’s going to start to stagnate. You’ll find yourself getting left behind and many business owners have found that trying to catch up can take a lot of time and effort. If you want your business to be as successful as possible in the modern world then you need to try and get out ahead of your competition. Fortunately, there are a lot of pieces of technology that can help you do just that. Here are just a few.

The right computers

Computers are always going to be an essential part of any modern business but far too often business owners assume that one is always as good as another. This is simply not the case. You need to make sure that the computers that you and your employees are using are always fit for purpose. Whether that means you require a high performance workstation for deep learning or something with a little less power under the hood, it’s essential that you understand your needs. Only then can you figure out how to best meet those needs through your technology.

Go contactless

These days, customers want their shopping experience to be as fast and efficient as possible. They don’t want to spend their time queuing and waiting. If you want to create a faster, more streamlined purchasing experience for your customers, then contactless payments are absolutely the way to go. Contactless technology allows you to skip the time taken by signature or pin number payments and replaces them with a simple tap of the customer’s card.

Smartphones

One of the biggest issues with communication in the modern business world is that it’s hard to stay in any form of contact outside of the office. This means that up until this point, remote working hasn’t really been a viable option for a lot of businesses. With the smartphone revolution, all that has changed. People now have access to all of their emails, messages, and contacts in a single place. Consider providing your employees with smartphones. This means that they will be able to stay in contact no matter where they are and you don’t need to worry about being out of contact with any of them if they happen to be out of the office for any reason. If your company uses a dedicated piece of software, then it might be worth incorporating a smartphone app so that your employees can stay connected even when they’re away from their computer.

Of course, it’s important that you remember that it’s not just a matter of how much technology you bring into your business. It’s also a matter of knowing when to use it and when not to use it. After all, there are plenty of elements of many great businesses that are rooted in the same kinds of methods that have been used for decades.

 

TOUCH BIOMETRIX SECURES INVESTMENT

Touch Biometrix, a UK company aiming to change the way we interact with technology for user
authentication are pleased to announce they have received seed investment from Deepbridge
Capital.

Touch Biometrix are a fabless developer of a new class of fingerprint sensor for application to
consumer electronics such as smartphones, laptops and computer peripherals. Based on
proprietary sensor designs and algorithms the Touch Biometrix platform will enable fingerprint
sensors of any shape or size. This enables a user authentication platform that can easily be
integrated into a wide range of consumer electronics and smart objects for a more intuitive and
secure user experience that promises to eliminate the need for passwords.

Touch Biometrix are adopting proprietary production techniques that is expected to disrupt the
cost of ownership by targeting a sensor price of $1 per sensor by the end of 2019, so opening
up the market for integration of a low-cost, highly secure biometric authentication platform
into low, mid and high tier consumer electronic brands.

Touch Biometrix CEO, Mike Cowin, said:
“This seed funding round will enable Touch Biometrix to establish a minimum viable product,
in collaboration with our supply chain partners. We are delighted to be supported by
Deepbridge Capital who have a tremendous reputation for working with and supporting hightech
start-up companies.”

Ian Warwick, Managing Partner at Deepbridge Capital, commented:
“We are delighted to be working in partnership with Touch Biometrix at what is an exciting time
for the biometric industry. We understand there is an increasing need for secure user
authentication technology and we believe Touch Biometrix has the capability to move quickly
in this market, with this funding we have provided utilising the Seed Enterprise Investment
Scheme being the initial catalyst. We look forward to working with the Touch Biometrix team
as the company grows.
The market demand for fingerprint sensors is expected to exceed 1.5B units per year by 2020 with the global market for biometrics to reach $15B by 2025

The drive for user authentication is experiencing tremendous growth as the drive to open up seamless user identification for the use of mobile payment services continues. Indeed, it is expected that biometrics will be standard in 90% of mobile devices by 2022 generating 1.37 trillion payment and non-payment mobile
device transactions.

About Touch Biometrix Ltd

Touch Biometrix was founded in 2017 with the aim of becoming one of the top 5 fingerprint sensor suppliers by 2023. Touch Biometrix are developers of a new class of fingerprint sensor for the consumer electronics industry. Based on proprietary technology and sensing algorithms Touch Biometrix are developing a range of fingerprint sensors of any shape or size that offer ease of product integration for a more convenient user experience on a wider range of products. Manufactured on plastic or flexible glass Touch Biometrix sensors will offer a new standard in ease of use and security. Utilising a new manufacturing model Touch Biometrix fingerprint sensors are set to disrupt the market with a target cost of $1 enabling the widescale adoption into high, mid and low tier consumer electronic products.

For further media information, please contact Touch Biometrix at: info@touchbiometrix.com

Tel: +44 (0) 1745 535 221

To find out more about Touch Biometrix Ltd please visit www.touchbiometrix.com and follow us on twitter https://twitter.com/TOUCHBIOMETRIX.

About Deepbridge Capital LLP

With over £100m of funds under management, Chester-based Deepbridge Capital provides funding to growth- focussed UK technology and life sciences companies utilising the Enterprise Investment Scheme and Seed Enterprise Investment Scheme.

Statista Fingerprint sensor unit shipments worldwide from 2014 to 2020 (in millions) https://www.statista.com/statistics/536692/global-fingerprint-sensor-unit-shipments/ ii Tractica: Global Unit Shipments and Revenue by Biometric Modality, Technology, Use Case, Industry Segment, and World Region: 2016-2025

https://www.tractica.com/research/biometrics-market-forecasts The Global Biometrics and Mobility Report Sep 2017 Acuity Market Intelligence