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Toronto biometric company recognized with entrepreneur award


August 4, 2020
By SP&T Staff
Image courtesy Invixium

Frost & Sullivan has awarded Toronto-based Invixium as the 2020 Entrepreneurial Company of the Year in the global biometric access control market.

According to a press release issued by Invixium, this recognition is based on Frost & Sullivan’s analysis of the global biometrics market and “emphasizes Invixium’s relevance as a trailblazer within this industry. In releasing new product enhancements as part of its rapid response to COVID-19, Invixium has shown that innovation is the key to industry leadership.”

Frost & Sullivan’s analytics process evaluates both innovation and customer impact. On both scales, Invixium scored a 9.8 out of 10.

“Constant innovation, relentless design philosophy and rapid engineering is our DNA,” said Shiraz Kapadia, CEO & President at Invixium, in a statement. “From our early days as a start-up to today, eight years later, Invixium’s entrepreneurial spirit has and will continue to drive us. We are proud to offer the most relevant products of the moment and serve our customers with the finest team of engineers supporting our technologies. Receiving this commendation from Frost & Sullivan is a great honour, and the Invixium team is committed to delivering innovative solutions to address the needs of the real-world at an unprecedented pace.”

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Nandini Bhattacharya, industry manager at Frost & Sullivan adds, “Invixium is a visionary player in both the competitive workforce management market and the access control market. Its focus on designing a sleek yet robust product that supports a range of technologies, such as multi-modal biometrics and access cards, has allowed Invixium to create a market niche in a short span of time.”

Most recently, Invixium announced the release of an intelligent dual-camera solution for temperature screening: IXM TITAN with Enhancement Kit. The Enhancement Kit is an upgrade for the company’s flagship IXM TITAN and integrates with Invixium’s software solution, IXM WEB. IXM Health is a new feature that links the E-Kit with IXM WEB, allowing enterprises to perform data mining, analytics and reporting for access & time tracking and payroll integration—while also reporting on employee and visitor health.