BRN 1.52% 16.3¢ brainchip holdings ltd

Louis interview with FNN, page-19

  1. 2,397 Posts.
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    Sorry if you've taken offence to my last post @Midnight26

    Despite my jaded faculties at 1am, I assumed you were referring specifically to the National Crime Intelligence Commission's troubled biometrics project it has with NEC. I wasn't referring to any other NEC services and infrastructure they provide to the Fed Government or the States for that matter, because we don't do CCTV, we don't do cabling, we don't do video management.

    For the record, it was specifically the problems NEC are having with the biometrics project that forced the Fed Government to suspend the Project and NEC staff members last Monday were escorted from the building by security.

    NEC Australia won a $52 million tender for the Biometric Identification Services project in early 2016. The project involved replacing the ACIC’s National Automated Fingerprint Identification System with a “multi-modal biometric identification” service, incorporating fingerprints, footprints and facial recognition. But the project is running behind schedule and is understood to be returning a high amount of false positives. Concerns also surround the project’s overblown budget, which is believed to have already cost more than $100 million.


    Just for the record we can do footprints, we can do fingerprints and we can do facial recognition.


    I also understand in PWC's Report to ASIC they have made a recommendation that $8.4m could be saved if facial recognition technology was removed from the Contract. Following refers


    disallowed/politics/federal/chaos-a...costs-timeframe-blow-out-20180613-p4zl8k.html



    Cheers
    Last edited by cyberworks: 15/06/18
 
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