Business Daily from THE HINDU group of publications Saturday, Nov 11, 2006 ePaper |
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Info-Tech
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Events Web Extras - Science & Technology `Tipping point for smart cards to come in 3 years' Our Bureau
Bangalore , Nov. 10 Smart cards are still in the realm of hype, according to the experts who participated at a seminar held in the city orgainsed by HID, a US-based smart card manufacturer. "The tipping point will only come 2-3 years from now," said Mr Harish Vellat, Managing Director - South Asia, HID Global. "The bouquet of applications for smart cards is still limited," he added. The heightened need for security, increased memory capacity and international standardisation have led to smart cards being adopted more this year. While applications such as e-purse, which would let one walk into a laundromat or retail store and pay using the company ID card are still far away, experts believe smart cards will start making their presence felt in access control management in large enterprises in the country. Other such applications are the smart citizen identity and driving ID card, cards that can be used to accept couriers and those that will help in laptop management, visitor tracking and canteen management. The smart building of tomorrow will also use multi-technology cards to control electricity use and water supply.
The Indian electronic access control market, according to a report by analyst firm Frost & Sullivan, is $ 52 million for 2006, of which smart cards form 25-28 per cent.
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