Suprema HQ Strengths, Domain Expertise, and Key Differentiators
Suprema is a Korea-based company engaged in the biometrics business. The Company’s offerings consist of fingerprint systems and fingerprint solutions. Its fingerprint systems include Internet protocol (IP)-based access control and time attendance terminals under the brand names of BioStation, D-Station, FaceStation, BioEntry, BioLite and others. Its fingerprint solutions are used in its related fingerprint systems. The Company distributes its products within the domestic market and overseas markets.
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 Recent Developments
In 2020, Suprema BioStar 2 platform acquired ISO 27001 and ISO 27701 certifications, internationally recognized privacy information and security standard. “Suprema has been striving to strengthen the security level of not just our products and solutions but the company as a whole. We’ve expanded our security team and are running a data protection system in line with global security compliance standards, providing safe and secure solutions. I’m glad to have the ISO 27001 and 27701 certifications validate our efforts,” said Young S. Moon, the CEO of Suprema
In 2021, Suprema access control, biometrics and time & attendance solutions, announced at the general shareholders' meeting and the board of directors meeting on March 23 that it has appointed James Lee and Hanchul Kim to respective CEOs. Lee is to be in charge of general management while Kim leads the BioStar business division.
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 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 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 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 Overview
Ownership: - 094840 : KOSDAQ
Number of Employees: 150
Functional Market: Time and Attendance,
Key Verticals: Aerospace and Defense, Automotive, Banking and Financial Services, Communication, Construction, Real Estate, Consumer Packaged Goods, Distribution, K460, 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, Chemicals, Professional Services, Retail, Transportation, Utilities,
Suprema HQ Key Cloud and HCM Applications
Suprema HQ 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 Revenue Breakdown by Type:
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Suprema HQ HCM Applications Revenues By Sub-Functional Markets, $M:
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Suprema HQ HCM Applications Revenues By Verticals, $M:
Suprema HQ Total and HCM Applications Revenues by Region:
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Suprema HQ Direct vs Indirect sales
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Suprema HQ Customers - Breakdown by Geo, Size, Vertical and Product
No. of Suprema HQ Customers: 1500
No. of Suprema HQ HCM Applications Customers: 1500
No. of Suprema HQ Cloud HCM Customers: 1500
No. of Suprema HQ Cloud HCM Subscribers: x
Suprema has 1500+ clients in 133 countries, and more than 75% of its sales come from its official distribution channels.
Suprema HQ Market Opportunities, M&A and Geo Expansions
In 2020, Suprema has integrated its devices with Paxton access control system, Net2. The integration will enable organizations to use Suprema devices in combination with Net2.
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 Risks and Challenges
Software adoptions will depend on increased hardware attach rates, especially in pushing add-on workforce management capabilities.
Suprema HQ 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 December 2020, Suprema expanded its presence in North America with a host of new partners that include leading wholesale distributors such as ADI, Anixter, Wesco, as well as, integration partners. The demand for Suprema touchless biometrics solutions is being driven by scores of organizations, companies and government entities looking to get back to work during the COVID19 pandemic while protecting the health of people entering their facilities.
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 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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