Suprema HQ Inc. Strengths, Domain Expertise, and Key Differentiators
As a comprehensive solutions provider, Suprema produces a wide range of products from fingerprint modules, biometric access control system, and time and attendance device, PC fingerprint solutions, ePassport readers and live scanners. BioStar 2 is a web-based, open, and integrated security platform that provides comprehensive functionality for access control, time & attendance, visitor management, and video logs. It encrypts every personal data available and supports both SDKs and web APIs to integrate BioStar 2 with third-party software.
Suprema HQ Inc. Recent Developments
In January 2020, Suprema unveiled a new version of BioStar 2 platform, enhancing the cybersecurity features. Suprema BioStar 2 is a web-based, open, and integrated security platform that provides comprehensive functionality for access control and time & attendance.
In September 2019 Suprema introduced its latest range of biometric security solutions. Suprema revealed its latest mobile credential solution, facial recognition technology, and enterprise access control solutions integrated with anti-tailgating sensors.
The new Mobile Credential is the industry’s most advanced and newest smartphone-based authentication solution using both Bluetooth Low Energy (BLE) and NFC. The solution features a dedicated credential management portal website for card issuing, maintenance, and control. The Mobile Credential solution will provide seamless operation over both iPhone and Android smartphones, and easier maintenance with portal service.
In addition, Suprema introduced its latest range of facial recognition products and enterprise access control solutions. Launched at ISC West in April this year, Suprema extends the introduction of the FaceLite in Japan market. The FaceLite provides the world’s best facial recognition performance in terms of matching the speed, operating illuminance and user capacity.
The new FaceLite is designed for both the enterprise access control systems and time attendance applications by featuring Suprema's industry-leading technologies and innovative features. Loaded with powerful 1.2GHz CPU and massive 8GB memory, FaceLite achieves an incredible matching speed of up to 30,000 matches per second and accommodates up to 30,000 users while providing intuitive face-enrollment GUI for faster user registration.
In August 2019 Suprema launched XPass 2 series Mobile and RFID IP readers. The new addition of IP readers will provide the extended capability to the company’s new mobile credential service. XPass 2 readers are compact IP-based RFID readers featuring BLE(Bluetooth Low Energy), NFC, dual-frequency RFID and rugged IP67/IK08 structure, optimized for the company’s newly launched mobile credential service.
These new IP readers are compatible with 125kHz and 13. 56MHz RF cards including EM, MIFARE(plus), DESFire(EV1) and FeliCa standards. In addition, all readers read BLE(Bluetooth Low Energy), and NFC signals hence cover most of the current Android smartphones and iPhone models.
XPass 2 readers come in 3 models to meet various project requirements and installation environments. Suprema deals with 1,000 different customers across 133 countries worldwide. Its revenue jumped 26.2% from $49.2 million in 2013 to $65.5 million in 2014, and market capital again reported double-digit growth.
Suprema HQ Inc. Customers in ARTW Customer Database
Leveraging a rigorous data-centric research methodology, APPS RUN THE WORLD asks the simple question: Who’s buying Suprema HQ Inc. applications and why? And we provide the answers – supported by decades of research – to our clients around the world. Our Customer database has over 100 data fields that detail company usage of Suprema HQ Inc. and other enterprise apps by function, customer size, industry, location, implementation status, partner involvement, Line of Business Key Stakeholders and IT decision makers contact details. List of Verified BioStar 2, customers.
Suprema HQ Inc. Overview
Ownership: - 094840 : KOSDAQ
Number of Employees: 90
Functional Market: Time and Attendance,
Key Verticals: Aerospace and Defense, Automotive, Banking and Financial Services, Communication, Construction, Real Estate, Consumer Packaged Goods, Distribution, K12, Higher Education, Federal Government, State and Local Government, Public Safety, Healthcare, Life Insurance, P&C Insurance, Specialty Insurance, Leisure and Recreation, Hospitality, Life Sciences, Manufacturing, Media, Oil and Gas, Professional Services, Retail, Transportation, Utilities,
Suprema HQ Inc. Key Cloud and HCM Applications
Suprema HQ Inc. HCM and Cloud HCM Applications Revenues, $M:
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* HCM Applications Revenues = License + Support & Maintenance + SaaS ( Hardware and Prof. Services are Excluded )
** All revenue figures are estimates based on public records, Cloud and Non-Cloud business models in Apps Run The World's vendor database, and annual survey results including vendor feedback.
Suprema HQ Inc. Revenue Breakdown by Type:
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Suprema HQ Inc. HCM Applications Revenues By Sub-Functional Markets, $M:
Split by Sub-Functional Markets
2019 HCM Revenues, By Sub-Functional Markets, $M
Suprema HQ Inc. HCM Applications Revenues By Verticals, $M:
Suprema HQ Inc. Total and HCM Applications Revenues by Region:
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Suprema HQ Inc. Direct vs Indirect sales
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Suprema HQ Inc. Customers - Breakdown by Geo, Size, Vertical and Product
No. of Suprema HQ Inc. Customers: 1000
No. of Suprema HQ Inc. HCM Applications Customers: 1000
No. of Suprema HQ Inc. Cloud HCM Customers: x
No. of Suprema HQ Inc. Cloud HCM Subscribers: x
Suprema has more than 1,000 clients in 133 countries, and more than 75% of its sales come from its official distribution channels.
Suprema HQ Inc. Market Opportunities, M&A and Geo Expansions
In May 2020, Suprema unveiled its new software development kit (SDK) Suprema G-SDK. It allows Suprema devices to be seamlessly integrated with third-party software. Suprema G-SDK is an enhancement to the previous BioStar 2 Device SDK. Suprema G-SDK provides greater performance to handle enhanced operations and more efficient data serialization resulting in faster data transfer for user management, event logging, etc. In fact, the data transfer speed for user management has been improved up to 10 times compared to the BioStar 2 Device SDK. The number of connected devices and user management data being transferred are increased remarkably.
In January 2019 Suprema has entered into a commercial software license and distribution agreement with Qualcomm Technologies, Inc., a subsidiary of Qualcomm Incorporated, for the licensing of Suprema’s BioSign, its under-display fingerprint recognition algorithm.
Suprema has entered the smartphone segment with the Samsung Galaxy J5 in its fingerprint solution for smartphones last year. In February 2018, the company launched BioSign 3.0 at Mobile World Congress (MWC) and has actively pursued the development of integrated solutions with several fingerprint sensor companies. The previous version, BioSign 2.0, is a fingerprint recognition algorithm technology specialized in ultra-small touch-type fingerprint sensor. It provides excellent authentication performance and speed for a 4x3.2mm fingerprint sensor, which is essential for applying a fingerprint recognition function in mid-range smartphones. Despite its roots in South Korea, Suprema has broadly expanded across Europe with its hardware and HR software expertise.
Suprema's revenue jumped 26.2% from $49.2 million in 2013 to $65.5 million in 2014, and market capital again reported double-digit growth. Suprema Inc. sells biometrics and security technology.
Suprema HQ Inc. Risks and Challenges
Software adoptions will depend on increased hardware attach rates, especially in pushing add-on workforce management capabilities.
Suprema HQ Inc. Ecosystem, Partners, Resellers and SI
In January 2020, WurkNow, a cloud-based staffing solution partnered with Suprema. Suprema’s BioStar 2 platform allows WurkNow to manage the time clocks remotely which means a faster and minimal need for maintenance.
In September 2019 Suprema has expanded its sales and technical support force in the United States to support the company’s fast-growing sales channel and to enhance its local technical support.
In July 2019, Suprema formalized the launch of Suprema America LLC, confirming the appointment of Hanchul Kim as the US subsidiary’s Managing Director. Also, Suprema established the opening of the US technical support hub in Orlando, Florida and a warehouse in Austin, Texas, to serve the company’s nation-wide dealers, system integrators and distributors.
Suprema has a global network of partners, among its integration partners, are Avigilon, Honeywell, Axis Communications, Kantech, Pacom, Paxton, Stanley and many others.
Suprema HQ Inc. Cloud Platform (PaaS) and Infrastructure (IaaS) Details
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Data used in research reports are derived from publicly available documents, continuous surveys of applications vendors, customers, resellers, Independent Software Vendors, systems integrators and other verifiable sources.
Vendor shares and market forecast results are based on a combination of existing databases as well as demand side and supply side research conducted throughout the year with validation from vendors, customers, channel partners and documentations such as earnings releases and 10Q and 10K filings, vertical industry studies, regional and country-level statistics from public and private institutions(i.e. colleges, universities, government agencies and trade associations).
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