K. On laptop again quickly, so for what it's worth if...

K.

On laptop again quickly, so for what it's worth if interested, will just post one very simple basic SWOT which doesn't encompass everything I look at, nor provides all the answers - I don't have them sadly or this game would be easy....lol

But gives u a snippet of how I personally look at some things and you can use (or not) as hit list for researching / googling yourself on the points to tick or not tick whether met, possibly met, never met etc etc...who r the competitors (we been over some previously obviously) and their weaknesses compared to WBT, what actually r acceptable or benchmark FRR, FAR etc. comparison rates...etc....

How good Management are at opening doors, pitching the product etc. is yet to be seen however, if the video GF posted is any indication of what I saw as a quite genuine, positive and exuberant presentation then....

Doesn't answer all that Q put out there but fair call to him to pose the question around potential potholes - under weaknesses / threats.

Make your own calls around risk appetite I guess.

Nice rest of w/end all...

Strengths:
Novel
Disruptive
One time Pin
Multi-Biometric (all in one)
Inbuilt liveness test
Appears to use existing camera / hardware tech (not specialised equip)
Visible light spectrum (not NIR)
Comparable and / or superior FAR, FRR etc to existing tech (in house testing)
Strong industry related Management & Dev Team

Weaknesses:
Barriers to entry
Highly competitive industry
Already accepted existing tech (fingerprint, iris etc.)
Untried / unproven in commercial applications / situations
No existing commercial partners / OEM or Brand names
Independent testing to be completed
Non revenue generating

Opportunities:
Cutting edge tech
Multiple industries expanding biometrics take-up rapidly - multiple commercial entry points (mitigates some barriers)
Smaller, more dynamic entity - not weighed down like larger entities
Ability to just licence the Tech - not manufacturing / production driven - $'s
Buyout - Takeover the Business / Tech
Potential short term lead in to revenue generation
Mkt advised industry connections / interest already in the Tech (US & Asia)

Threats:
Complete failure of independent testing
Newer competitive modalities reaching mkt first
Lack of commercial interest
Lack of funding