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Originally published as a four-part series, this is the long-read version consolidating the latest research of the global forward march of facial recognition technologies. From Apple normalizing its acceptance, to disruption in the retail / security / healthcare industries, to the emergence of China as the FaceID innovation laboratory, and the ever-growing new global applications, we stare into your auspicious Internet of Things (IoT) future. 

Your Face is The Next Computer Cookie

face id dystopia

In January 2018, in a D&D Daily "Live from NY" interview, we debated the impact of iPhoneX on FaceID technologies. This new Apple iPhoneX had just placed the disruptive future of facial recognition technology in our pockets.

Less than a year later, it is surprising to observe the continued advanced deployments of FaceID solutions, especially outside the United States. For 2018, the global facial recognition market is valued at $3.97 billion and is estimated to reach $10.15 billion by 2025 at a CAGR of 14.35% during the forecast period. 

Unlocking Smartphones with Your Face is Only the Beginning

 

The Surprising Global Forward March of Facial Recognition - Part 4

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In Part 1, we introduced your face as the next computer cookie and discussed USA/UK retail applications.

In Part 2, we faced the reality that more FaceID disruptions is coming to the security industry, introduced healthcare applications, and concluded with GAFAM (Google, Apple, Facebook, Amazon, and Microsoft) investments.

In Part 3, we traveled to China, THE world's leading face recognition innovation laboratory. 

In this Part 4, we look at the growing list of emerging FaceID applications, introduce defeating technologies, discuss privacy, and close the series with insights on our digitally connected future. The genie on the potential disruption and business opportunities of face recognition solutions is out of the global bottle. 

The Face of an Increasingly Digital World

 

The Surprising Global Forward March of Facial Recognition - Part 3 

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China is now THE world FaceID innovation laboratory. Country is installing over 600 million CCTV cameras, see the fining of jaywalkers through video, the pace of Asia digital retail change, and face recognition being deployed in 11,000 7-Eleven stores in Thailand. 

These Cool Sunglasses Just FaceID You

 

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In Part 1 of this FaceID article series, we explored retail applications in USA / UK and were introduced to the face as the next computer cookie. Part 2 introduces us to GAFAM and face recognition in the security and health care industry sectors. 

Security has been a primary market for face recognition for some time. Threats of terrorism and violent crime have accelerated its adoption by governments and law enforcement worldwide.

STOP, I Can Digitally See You Now 

With a 25% CAGR, the security sector is leading facial recognition deployments worldwide. 

From London, Tokyo, Helsinki, Rome and now to Atlanta in USA, airports worldwide are adopting FaceID solutions. Delta Airlines will soon roll out ' curb to gate' facial recognition for travelers departing out of the International Terminal F in Atlanta, the first biometric terminal in the United States. Smile for the camera at self-service check-in including baggage, through security checkpoints, and boarding your flight. Using the technology is optional and will save travelers up to nine minutes per flight. 

 

Your Face is The Next Computer Cookie

face id dystopia

In January 2018, in a D&D Daily "Live from NY" interview, we debated the impact of iPhoneX on FaceID technologies. This new Apple iPhoneX had just placed the disruptive future of facial recognition technology in our pockets.

Less than a year later, it is surprising to observe the continued advanced deployments of FaceID solutions, especially outside the United States. For 2018, the global facial recognition market is valued at $3.97 billion and is estimated to reach $10.15 billion by 2025 at a CAGR of 14.35% during the forecast period. 

Unlocking Smartphones with Your Face is Only the Beginning

Very interesting is the mix of the major organizations investing in face recognition. Out of the top 10, eight are academic entities with most based in China. The only USA university that makes the top 10 is Carnegie Mellon. Microsoft leads the top 10 followed by Samsung which already has 186 patents in facial recognition. 

Over the next several weeks, in four parts, we will delve into the latest adoption trends of facial recognition. This first post will explore selected USA / UK retail developments and introduce FaceID as your computer cookie. 

 

VideoLeadership

The Internet, mobile and social media have forever transformed the distribution of viral messaging. No longer the best kept secret, at the center of successful communication is the medium of video. 

82% of Twitter users watch video content on Twitter. More than 500 million hours of videos are watched on YouTube each day. Ten million videos are watched on Snapchat per day. Over 500 million (half a BILLION) people are watching video on Facebook every day. The Top 10 YouTube stars of 2017 generated over $110 million in personal pre-tax income. Every second, a million minutes (17,000 hours) of video content will cross global IP networks by 2021.

Having a passion for powerful visual communications, weekly through my personal website I share one to three new videos. As we enter the fourth quarter, it is time to showcase my 2018 top five amazing innovation leadership videos. 

Five Technologies Changing Shopping Malls Forever 

 

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Mercedes-Benz Smart Car Concept - Would Gottlieb Daimler Share this Vision?

The spark for the growth of the modern gasoline powered automobile was an innovation race. In the early 1890s,"Le Petit Journal, a French newspaper with a knack for publicity stunts, decided to hold a contest to discover the best method of propulsion: steam, electricity or petrol engine. It invited entrants to drive from Paris to Rouen, a distance of 79 miles. Their vehicles would be judged not by their speed but whether they were safe, easy to use and economical to run."

"The clear winner was not a direct participant but an inventor: Gottlieb Daimler, whose internal-combustion engine had powered nine of the vehicles, including the four that shared first prize. He had, the judges proclaimed, “turned petroleum or gasoline fuel into a practical solution” for self-propelled vehicles, which were starting to be referred to in French as “automobiles”. Daimler’s victory helped establish the supremacy of petrol-powered cars in the 20th century, and the term automobile soon spread into English and other languages."

What's in your Smart Car for 2018?

 

Meet the 2017 World Most Admired Technology and Retail Companies

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Concurrently with BrandZ issuing their 2017 top 100 global brands report which was analyzed in the last post, Fortune Magazine published their latest list of the world most admired companies.

In a digital highly connected world, branding and differentiated customer experiences will define leadership. What is the correlation between brand value and being most admired?  Which companies have already achieved the threshold in being on both lists? What differentiates these companies? Which industry trends are driving increased brand value and being most admired? Are western brands the future of these two lists?

The Top 10 Most Admired vs The Top 10 Global Brands

 

Rooster

Happy Chinese New Year.  新年快乐

2017 is the year of the Rooster. Anyone born in the following years - 1945, 1957, 1969, 1981, 1993, 2005, and 2017 - shares the characteristics and personality traits of this tenth of 12 animals in the Chinese zodiac cycle. 

While in Shanghai in early January was fascinated by the amount of innovation discussed in the China Daily newspaper.  The news clips were additional confirmation that all industries in both developed and emerging markets are being digitally disrupted. On multiple fronts, China is advancing faster as they are bypassing traditional legacy technology cycles to new platforms.

On the Road to Being World's Largest Retail Market

 

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For the past five years, Ford has been publishing a list of global micro trends. The company calls it "a compilation of the most compelling movements across the globe that are shaping how we live, work, and engage with the world around us." 

As we begin the New Year, thought would share my favorite global highlights from both the 2016 and 2017 editions.

Social Media is Hard Work