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Cognitec Systems GmbH

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Cognitec Systems GmbH - ICT showcase

Year Founded & Workforce

2002

Industry

ICT

Services

Biometric ProductsBiometric Applications
C

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Cognitec Systems GmbH Overview

Founded in 2002, Cognitec Systems GmbH is one of the leading face recognition solution providers. The company operates in three business segments, namely, biometric products, biometric application, biometric technology & services. The company provides innovative, technologically evolved and easy to use facial recognition software products. The company serves government agencies and commercial sector with its biometric products across the globe. Headquartered in Germany, the company also operates in United States, and Australia and has business partners in more than 30 countries.

Strategy

Cognitec Systems GmbH focuses on product innovation as a strategy to achieve long term growth. The company’s market strategy is to continue to focus on the biometrics market of the government segment and expand the new commercial biometrics markets. The company tends to focus more on the international markets for expansion.

Company Snapshot

2002

Founded

SWOT Analysis

Strengths

  • Established distribution network across 6 continents
  • Extensive Product Portfolio

Weaknesses

  • Very less geographical presence
  • Products of very selective end-users

Opportunities

  • Business expansion for private sectors
  • Enhancement in business strategy

Threats

  • Expenditure on workforce
  • Strong competitors

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Product Offering

  • Cognitec Systems GmbH
    • Biometric Products
    • Biometric Applications

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