New Businesses and Technologies for GLORY's Future Growth
As the world becomes more dependent on information, the demand for security systems has been rapidly growing in industries of all types. Many companies target this demand by developing an increasingly diverse range of security technologies. GLORY plans to further expand its business domain in this market by using its core recognition/identification technology to develop even newer and better technologies for its coming generations of money handling machines.
In recent years, biometrics technology has been attracting growing attention as the ultimate personal identity authentication technology. These systems identify individuals by observing intricate variations in their faces, fingerprints, irises, voices, blood vessels, and other features. Among them, however, the personal ID systems based on facial recognition must compensate for changes in hairstyle, makeup, age, and other variables. Outdoors, sunlight poses another technical challenge to facial recognition. For these reasons, facial recognition has not been as widely used as other types of biometric authentication so far.
GLORY is using its expertise in recognition/identification technology for processing money to develop a proprietary technique for comparing the faces of people in real life with an "average face" generated by computer. In 2003, GLORY created a method to adapt to facial changes. Later, through further research completed in 2006, it developed a system capable of accurately verifying faces under sunlight. With this new success in facial recognition, GLORY is now preparing to commercialize the technology.
GLORY has developed a technique to shield the contents of conversations from third parties. GLORY's Speech Privacy Protection Technology, otherwise known as GVIPS (GLORY Voice Intelligent Protection System), was created through collaborative research with a professor from the Japan Advanced Institute of Science and Technology. Until now, speech security typically required sound masking apparatuses such as soundproof walls, systems to generate noises similar to those of ventilation systems, or any of the many other sound masking systems available. Problems with accuracy and the high expense of installation were significant disincentives against actually installing these systems. GLORY's solution is a speech privacy protection technology capable of analyzing voices in real time. Based on vocal analysis, the technology prevents conversations from being overheard by generating a special masking sound as a conversation takes place. The system requires no major equipment and has the additional advantage of being noiseless when the people themselves are silent.