VARA announces strategic partnership with Speech Technology Center, a leading face and voice biometrics technology company



India is facing a strong demand for efficient and highly scalable remote customer identification and contactless authentication to replace traditional approaches with accurate face biometrics for better safety and barrier free access control.

Biometric technologies have already proven their effectiveness in a wide range of tasks during the pandemic — from remote customer identification to comprehensive national security systems based on facial recognition; their scope is constantly growing.

Indian biometrics market anticipated to reach $3.8 billion by 2024, registering a CAGR of 15% during 2019-2024 according to the “India Biometrics Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast” by ResearchAndMarkets.com.

VARA and Speech Technology Center (STC-innovations Limited) agreed to establish key strategic directions for partnership in India:

As part of this partnership, VARA will offer Speech Technology Center’s specialized face and voice biometric solutions to the end customers in India. Speech Technology Center was chosen as a solution provider that could help meet Indian market’s growing needs for contactless and remote digital communication. Some of the key focus areas include:

1)Smart Safe City with precise biometrics and disease containment on transport, government facilities and public places. The turnkey solution has already been successfully implemented in 5 large Russian Smart Cities combining a single system with thousands of cameras on public transport, airports, railways, metro and streets.

2)Voice Biometrics as part of digital remote client communication (e-KYC) for Finance, Telecom, E-Commerce and E-Government services. VoiceKey solution has already been implemented in the largest call center in the banking industry (5,000 operators) and at the national level for remote person’s verification by voice.

3)Contactless Biometrics Access Control based on multimodal biometrics to simplify Workforce management, Remote Temperature checking and hands-free safer environment for office buildings, hotels, retail and factories. Smart Tracker Access Control solution for biometrics access management and creation of a barrierfree environment integrated into the infrastructure of large objects proved itself during the 2018 FIFA World Cup and is successfully used nowadays at airports and industrial facilities.

Dmitriy Dyrmovskiy, CEO of Speech Technology Center: “Speech Technology Center’s voice and face biometric solutions have already proven effectiveness in commercial sector like banks, educational services and government national-level projects in various countries. India is an important region for us, where the implementation of biometric solutions will significantly increase the development of digital services and the level of public safety in the current global epidemiological situation”.

Vishal Arora, CEO of VARA Technology: “VARA Technology is excited to introduce into the Indian market a strong, globally proven technology. Speech Technology Center brings a competitive advantage as it has both types of biometrics at once — facial and voice, as well as ready-made platforms for solving tasks with minimal requirements for integration and installation.”

About VARA Technology:

VARA Technology is a Tech company that offers a wide range of technology products and solutions across industry verticals such as BFSI, Roads, Logistics, Smart Cities, Defence and Utilities. VARA develops solutions with focus on emerging technologies that include Cyber Security, Blockchain, IOT, GIS Mapping and AI. VARA has demonstrated capability in executing large scale nation-wide projects. It has offices in Mumbai, Delhi and Kolkata and presence across the country.

About Speech Technology Center:

Speech Technology Center (part of the Sber ecosystem) is a global developer of intelligent speech and face recognition technologies, and an expert resource in AI and machine learning, a member of ESSMA. Speech Technology Center is one of the few companies in the world that creates and develops both biometric modalities: face and voice. The voice falsification detection and speech recognition solutions developed by Speech Technology Center score leading positions in global rankings by NIST, ASVspoof Challenge, VOiCES. At CHiME Сhallenge 2020, its speech recognition technology was recognized as the best. Speech Technology Center’s solutions are in demand in 70 countries around the world.