Revolutionizing Access Management: Amazon Launches Palm-Scanning Tech For Business Security
Portfolio Pulse from Anusuya Lahiri
Amazon Web Services (AWS) introduced Amazon One Enterprise, a palm-based identity service for enhanced security in organizations. It offers contactless authentication for physical and digital assets, aiming to replace traditional methods like badges and PINs. The service simplifies management for IT and security administrators and is already being used by customers such as Boon Edam, IHG Hotels and Resorts, Paznic, and KONE. Amazon's palm-scanning technology, initially for grocery stores, is now targeting the business sector.
November 28, 2023 | 10:11 am
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Amazon's launch of Amazon One Enterprise could enhance its reputation in security tech and potentially open new revenue streams in the business sector.
The introduction of Amazon One Enterprise represents a significant expansion of Amazon's biometric technology into the business sector, which could lead to increased adoption and revenue. As the technology is already being used by notable partners, it demonstrates market validation and potential for growth. This innovation could positively impact Amazon's stock in the short term as investors may view it as a sign of Amazon's continued leadership in technological solutions.
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RELEVANCE 90