ICT

Aware Inc.

Company Profile Analysis

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Aware Inc. - ICT showcase

Year Founded & Workforce

Not available

Industry

ICT

Services

A

Aware Inc. Overview

Founded in 1986, Aware Inc.

is a leading global provider

of biometrics software

products, services, and

solutions. The company’s

software products are used

in government and

commercial biometrics

systems. Headquartered in

the U.S., the company operates through three segments namely, software licenses, software maintenance,

services, hardware and royalties. Through its software licenses segment, the company offers biometrics

software licenses and imaging software licenses. It provides measurement of physiological characteristics

namely fingerprints, iris, voice and face through its biometric segment whereas the imaging segment

consists of products which are used for medical and advanced imaging. The company has divided the

biometrics segment based on end-user as

government and commercial. Other segments based

on components are software segments and

hardware segment software maintenance consists of

revenues from software maintenance contracts

whereas the hardware segment consists of revenues

from the sale of biometric equipment. The royalties

segment are the royalty payments received under

DSL silicon contract.

The software license segment generated the highest revenue as compared to other segments, in 2015.

The company has few competitors as Gem alto, Intel and others. It contributed USD 9.8 million in 2015,

which is approximately 51% of company’s total revenue. The company’s geographical presence is across

the globe and its major geographic segments are United States and Brazil. However, United States

accounts for almost 60% of the company’s total revenue, which signifies its strong domestic presence.

Strategy

Aware Inc. focusses on product innovation and organic expansion as their strategy to achieve long term growth. Their strong emphasis on R&D has ensured a wide and diversified Product/Services Offering, thereby gaining them a competitive edge. The company is also aiming to achieve market expansion introducing biometric software into various end use industries in both government and commercial segments.The company has a broad portfolio of high quality products that also includes technical support. Further, the company is looking at continuing its focus on legacy government biometrics market and enter into new commercial biometrics markets. The company tends to focus more on the international markets for expansion.

Company Snapshot

$19.4M

Revenue

SWOT Analysis

Strengths

  • Skillful workforce
  • High growth rate
  • Experienced business units

Weaknesses

  • Very high investments in R&D
  • Fluctuating Revenue

Opportunities

  • Business Expansion
  • Growing demands of technologically developed gadgets
  • Development of new technologies
  • Growing economy

Threats

  • High cost of raw materials
  • High labor costs
  • Limited cash flow

Product Offering

  • Aware Inc.
    • Software
    • Solutions

Financial Performance

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About the Author

Wantstats Research Team

Wantstats' research desk profiles Aware Inc. as part of our ongoing coverage of the ICT sector, drawing on public company data, filings, and market intelligence.

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Rob Kooiker

Group Product Manager HVAC & Fire Protection GMA, Rockwool

I have been reading the first document or the study, the Global HVAC and FP market report 2021 till 2026. Must say, good info! I have not gone in depth at all parts, but got a good indication of the data inside!
Jason Lee

R&D Director, Seojin

Thanks for your great support. Appreciate it. Well received report. It helps us to understand market well. We're planning other area of survey in the future, let's keep in touch.
Akif Moroglu

Strategy & Business Development Director, Dogan Holding

We got the report in time, we really thank you for your support in this process. I also thank to all of your team as they did a great job.
Noah Malgeri
Noah Malgeri

Co-Founder, Mojave Rail Fabrication Limited

This is really good guys. Excellent work on a tight deadline. I will continue to use you going forward and recommend you to others. Nice job.
Michael Robert

Manager, JavolVision

Thanks, I am so happy that we worked together. Maybe we still can work together in the future.
Joseph Aguayo
Joseph Aguayo

Sales Operations & Pricing Manager, Intel

Thanks. It's been a pleasure working with you, please use me as reference with any other Intel employees.
Bong Lau

Sales Leader, Bamberg

We bought your "2025 report" in 2020. Everything is fine and very good.
Peter Groot Koerkamp
Peter Groot Koerkamp

Account and Business Manager, EFS-Holland BV

Thanks for sending the report it gives us a good global view of the Betaïne market.
Younghwan Choi
Younghwan Choi

Senior Retail Manager, LG Chem

We found the report very insightful! we found your research firm very helpful. I'm sending this email to secure our future business.
Mark Irwin

Management Consultant, Level 21

I am very pleased with how market segments have been defined in a relevant way for my purposes (such as "Portable Freezers & refrigerators" and "last-mile"). In general the report is well structured. Thanks very much for your efforts.
Rob Kooiker

Group Product Manager HVAC & Fire Protection GMA, Rockwool

I have been reading the first document or the study, the Global HVAC and FP market report 2021 till 2026. Must say, good info! I have not gone in depth at all parts, but got a good indication of the data inside!
Jason Lee

R&D Director, Seojin

Thanks for your great support. Appreciate it. Well received report. It helps us to understand market well. We're planning other area of survey in the future, let's keep in touch.
Akif Moroglu

Strategy & Business Development Director, Dogan Holding

We got the report in time, we really thank you for your support in this process. I also thank to all of your team as they did a great job.

Aware Inc.

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