NXT-ID, Inc., a company focused on the growing mobile commerce announces that it has joined the Cisco Solution Partner Program as a Solution Partner.

Cisco Solution Partner Program

Gino Pereira, Chief Executive Officer, said, "We are very excited about our collaboration with Cisco as a Solution Partner and see it as a milestone for our business strategy moving forward. Having access to the Cisco Partner Ecosystem will play an important role in growing our business. Through this program we intend to provide biometric and encryption solutions involving facial recognition and later on, voice recognition."

According to Transparency Research, a next generation provider of syndicated research, the global video surveillance and video surveillance as a service (VSaaS) market is expanding at a CAGR of 17.0% from 2016 to 2024. By the end of 2024, it is expected to rise above US$88 billion, after being valued around US$21 billion in 2015.

MobileBio FaceMatch Facial Recognition Technology

MobileBio FaceMatch is a modular facial recognition technology that can be provisioned to compliment a variety of video surveillance and VSaaS platforms including smartphones, tablets, laptops and desktop computers. Depending on the number of cameras available and level of security desired, FaceMatch uses advanced facial recognition algorithms to allow the user access to their device, data, or door.

The technology can be hosted on the device or configured to access cloud computing for remote authentication via NXT-ID's BioCloud Authentication and Identity Management Services. The technology will also soon be available as an app on the iPhone and Android platforms.

Delivering Integrated Solutions

The Cisco Solution Partner Program, part of the Cisco Partner Ecosystem, unites Cisco with third-party independent hardware and software vendors to deliver integrated solutions to joint customers. As a Solution Partner, NXT-ID, Inc. offers a complementary product offering and has started to collaborate with Cisco to meet the needs of joint customers.

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