The Most Reliable and Secure Contactless Solution to Date
UNION CITY, Calif., Oct. 1, 2024 /PRNewswire/ -- Anviz, a brand of Xthings, a global leader in intelligent security solutions, announces the upcoming release of its latest access control solution, the M7 Palm, equipped with cutting-edge Palm Vein Recognition technology. This innovative device is designed to provide superior accuracy, security, and convenience to high-security and privacy-sensitive environments in industries such as banking, data centers, laboratories, airports, prisons, and government institutions. Launching globally today, Anviz is gearing up to revolutionize the way users interact with access control systems.
The M7 Palm Vein Access Control Device offers a seamless access experience, allowing users to unlock doors with a wave of the hand. Using Palm Vein Recognition, a top-tier biometric security method, it addresses the limitations of facial and fingerprint recognition by providing a more secure, non-invasive, and user-friendly solution.
Palm Vein Recognition captures the unique pattern of veins inside a person's palm using near-infrared light. Hemoglobin absorbs the light, creating a vein map, which is converted into a secure digital template through advanced algorithms, ensuring accurate identification. Unlike facial recognition, which may raise privacy concerns, or fingerprint scans, which can be affected by wear, palm vein recognition is discreet, reliable, and harder to forge. Its non-contact nature also makes it more hygienic, ideal for environments with strict health protocols.
The M7 Palm Vein Access Control Device leverages this advanced technology to provide a seamless and secure user experience. With a False Rejection Rate (FRR) of ≤0.01% and a False Acceptance Rate (FAR) of ≤0.00008%, the accuracy of the system far exceeds that of traditional fingerprint or face recognition methods, offering a higher level of protection for critical infrastructure and sensitive information.
The M7 Palm Vein Access Control Device stands out for its numerous advantages, making it an ideal solution for high-security environments. The benefits of using palm veins are as follows:
Moreover, the features of the M7 Palm are designed by meticulously polishing the needs of the users:
As security becomes a growing priority, demand for biometric solutions like palm vein recognition is surging. By 2029, the global market for palm vein biometrics is projected to reach $3.37 billion, with a CAGR of over 22.3%. The Banking, Financial Services, and Insurance (BFSI) sector is expected to lead this growth alongside military, security, and data center applications.
"As a milestone product in the biometrics and security industry, till next June, Xthings will work with more than 200 partners to bring the product to markets such as North America, Western Europe, the Middle East, and Asia Pacific, empowering the clients to enjoy a safer and more convenient experience. $3.3 Billion market share is there, let's work together!" said Peter Chen, Product Marketing Manager. [To talk about partnership]
Though still in the early stages of market adoption, Anviz is committed to advancing palm vein technology. With limited competition, the M7 Palm Vein Access Control Device is poised to make a significant impact. Anviz continues to innovate, delivering smarter, safer, and more convenient security solutions globally.
About Anviz
Anviz, a brand of Xthings, is a global leader in converged intelligent security solutions for SMBs and enterprise organizations. Anviz offers comprehensive biometrics, video surveillance, and security management systems powered by cloud, Internet of Things (IoT), and AI technologies. Anviz serves various industries, including commercial, education, manufacturing, and retail sectors, supporting over 200,000 businesses in creating smarter, safer, and more secure environments.
** The press release content is from PR Newswire. Bastille Post is not involved in its creation. **
Anviz Unveils M7 Palm Access Control Device
ABU DHABI, UAE, Nov. 6, 2024 /PRNewswire/ -- The potential of Artificial Intelligence (AI) to transform the energy industry and accelerate decarbonisation has emerged as a critical topic of conversation amongst energy ministers and business leaders, as was made clear at the world's largest energy event, ADIPEC 2024.
On the opening day of ADIPEC, His Excellency Dr Sultan Ahmed Al Jaber, UAE Minister of Industry and Advanced Technology and ADNOC Managing Director and Group CEO, emphasised the critical need for industry leaders to come together and support era-defining breakthroughs such as AI.
The emphasis on AI's game-changing impact reflects a wider sense of optimism across the energy industry, as the government leaders and business executives attending ADIPEC 2024 were united in the belief that AI can fast-track the energy transition and unlock new avenues for progress and prosperity.
In a session titled "The power of AI for the energy transition", top executives from the private sector - including Tayba Al Hashemi, CEO, ADNOC Offshore, ADIPEC 2024 Chairperson; Michel Lutz, Chief Data Officer and Digital Factory Head of Data & AI, TotalEnergies; and Magzhan Kenesbai, Acting MD, AIQ - explored how AI is transforming business operations, and offered their expert insights on the long-term implications of wide-scale AI implementation.
Speaking to his company's experience with AI, Michel Lutz, Chief Data Officer and Digital Factory Head of Data & AI, TotalEnergies, stated: "We are using AI to improve operational efficiency, which supports our company's development in the renewables space. This allows us to better assist our clients in understanding their behaviour and what they need."
Building on this sustained focus on AI's role in the energy industry, speakers across ADIPEC's ten different conferences emphasised the pressing need to address the challenges and opportunities surrounding this transformative technology. Alongside other top CEOs and energy executives, Tengku Muhammad Taufik, President & Group CEO, PETRONAS, urged industry players to adopt a measured and holistic approach to AI:
"Before we perfect artificial intelligence, we need to address fundamental issues. AI can initiate either a virtuous or vicious cycle, depending on how we utilise this technology and how we feed it. While AI consumes a significant amount of energy and its production requires vast resources, it nonetheless helps economies and societies grow. It is up to us to respond wisely to the fork in the road ahead."
Anima Anandkumar, Bren Professor of Computing and Mathematical Sciences, Caltech, also contributed to these critical conversations, highlighting the evolving impact of AI on both the energy industry and the environment:
"We should consider not just the energy reduction achieved using AI, but also the time and money saved by employing these AI models. AI is helping us take corrective action in response to natural disasters and other climate-related issues, and the more data we have available, the better our AI models will become. The impact that AI can have in designing from scratch and creating simulations enhances our work in energy and technology."
ADIPEC's commitment to accelerating AI-enabled energy solutions and projects was reflected in the event's inaugural AI Zone, which featured AI studios and demo pods that showcased transformative solutions from leading energy and AI businesses. This dynamic space provided attendees with a comprehensive view of the innovations shaping the future energy system.
The space also played host to the dedicated AI Conference, where leaders from the energy, technology, and government sectors worked together to develop a strategic roadmap for integrating AI into the energy landscape.
The AI conference featured several Innovation Showcases throughout the day, where tech giants and energy majors presented their latest breakthroughs and projects in the field of AI. Participants included Neeraj Joshi, Worldwide CTO of Energy & Resources, Microsoft; Aniruddha Sharma, Chair and CEO, Carbon Clean; Dr. Mike Roshchin, Head of AI, AIQ; and Ali Al Zaabi, acting CEO of AYP/ADP, ADNOC.
The newly launched Digitalisation & Technology Conference delved into how next-generation technologies, including AI, can unlock decarbonisation and efficiency opportunities presented by Industry 4.0. Sessions covered advancements in new materials, the Industrial Internet of Things (IIoT), and carbon capture, utilisation, and storage (CCUS), with a focus on sustainable scaling of these technologies.
In the exhibition halls, companies demonstrated their latest AI-enhanced hardware and energy equipment. Attendees explored innovative products and services designed to reduce emissions, improve energy efficiency, and accelerate the transition to cleaner energy sources.
As ADIPEC 2024 moves into its third day, the event continues to serve as a global platform for driving innovation, collaboration, and sustainable progress in the energy transition. With its unique blend of strategic insights and technological showcases, ADIPEC remains the premier forum for addressing the complex challenges of creating a low-carbon, high-growth future for the global energy sector.
About ADIPEC
Under the patronage of H.H. Sheikh Mohamed Bin Zayed Al Nahyan, President of the United Arab Emirates, and hosted by ADNOC in Abu Dhabi, UAE, on 4-7 November 2024, ADIPEC is the world's largest energy conference and exhibition.
Building on 40 years of energy leadership, ADIPEC 2024 will enable innovation and accelerate action, exploring the intersection of energy and AI to drive the transition and deliver global impact.
The ADIPEC Conferences will comprise of 10 conferences and 370+ conference sessions, featuring 1,800+ speakers, including ministers, CEOs, academics, energy experts and youth. These diverse voices – united under this year's theme "Connecting Minds. Transforming Energy." - will be invited to consider how collaborative energy innovation can empower lives and drive global prosperity.
The ADIPEC Exhibition, spanning 16 halls, will feature 2,200+ exhibitors including 54 NOCs, IOCs, NECs and IECs, 30 country pavilions, and four specialised industry areas focused on decarbonisation, digitalisation, maritime and logistics, and AI. The exhibition will provide a platform for the energy world to demonstrate its game-changing solutions and forge the cross-sector partnerships needed to deliver secure, equitable and sustainable energy for all.
For more information, visit www.adipec.com
To register as media, visit https://www.adipec.com/press-media/media-registration/
About ADNOC 
ADNOC is a leading diversified energy and petrochemicals group wholly owned by the Emirate of Abu Dhabi. ADNOC's objective is to maximise the value of the Emirate's vast hydrocarbon reserves through responsible and sustainable exploration and production to support the United Arab Emirates' economic growth and diversification. To find out more, visit: www.adnoc.ae
** The press release content is from PR Newswire. Bastille Post is not involved in its creation. **
Embracing AI is critical to a sustainable and prosperous energy future, say ADIPEC speakers and industry leaders
Embracing AI is critical to a sustainable and prosperous energy future, say ADIPEC speakers and industry leaders
Embracing AI is critical to a sustainable and prosperous energy future, say ADIPEC speakers and industry leaders
