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| The brand FingerTec was introduced in 2000, with a visionary objective of bringing the then high-tech fingerprint technology dominated by the government sector into a technology that is viable, affordable and reachable by the mass commercial market. |
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| FingerTec’s first 5-year plan was dedicated to the R&D incubation, mainly targeted in improving the fingerprint matching algorithm, the product’s robustness and user-friendliness; in short to provide fundamentals for the brand to soar high when it was ready to take off. Within those early 5 years, FingerTec received 3 international awards as recognitions for its technology advancements. |
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| In 2005, FingerTec embarked on its next 5-year plan, which focused more on the worldwide market expansion. The plan deployed new branding concepts and strategies, which included product D-I-Y, Internet marketing & support, while continuing its efforts to improve the R&D plans and activities. The results were stunning; FingerTec was elevated as one of the most recognized biometric brands in the world within a short period of time. Armed with all the above-mentioned elements, FingerTec spreads its wings fast and far, and doubled its sales every year with its products presence in around 100 countries in those five years. |
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| To further strengthen FingerTec’s global position, the third phase 5-year plan was introduced in 2010 with a determined objective to achieve business and technology transformation. The Company aims to climb the vertical ladder and provide comprehensive solutions for the access control market, and simultaneously furnish cloud-based solutions for deployment in time and attendance industry. The development of solutions on the Android platform and the addition of other biometric features such as face recognition have marked new milestones in FingerTec’s technology to enhance the product lines. |
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| The determination in transformation was observed when FingerTec changed all of its business transactions to a company by the name TimeTec in 2014, embracing the brand name of our SaaS (Software as a Service) that marks a new era for the company in Cloud technology for the next 5 years until 2020.
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Covid-19 pandemic hit the world in 2020 has accelerated the global digital transformation process. And cloud solutions as the main driving force for digitalization exhibited a significant growth in demand. With more than 16 in-house developed cloud solutions that connecting one with another to formulate the TimeTec Cloud City Ecosystem, TimeTec solutions are expected to accommodate the work life and home life of the people to meet the digital lifestyle of tomorrow for the next ten years.
Beginning with a vision followed by simple yet viable execution plans, TimeTec has started a remarkable revolution, changing the unreachable technology to state-of-the art “touchable” products much faster than its rivals, setting a new benchmark beyond the biometrics industry, and later transformed itself to become a Smart City solution provider. |
