RealNetworks Inc. (RNWK) stock prices were up by 9.43% as of the market closing on August 18th 2021. This brought the price per share up to USD$1.74 at the end of the trading day. Subsequent premarket fluctuations saw the stock rise by 7.47%, bringing it up to USD$1.87.
RNWK Stock’s Collaboration
August 18th 2021 saw the premier facial recognition platform for live video sign a reseller agreement with NTT Docomo. The collaboration with Japan’s largest mobile carrier will facilitate the offering of SAFR’s world class AI-based facial recognition software. This is a continuation of the two companies’ relationship, having previously collaborated to implement access-control and security solutions for a large facility, a hospital, and a robot. The combination of NTT Docomo’s 5G infrastructure and RNWK stock’s facial recognition will see the partnership accelerate further enterprise security and access control deployments as per the new agreement.
Individual Strengths
RNWK stock’s efficient design facilitates high speed results enabling more simultaneous face detections over 5G networks with low latency. The company’s small footprint also allows for the installation of cheaper edge compute platforms that are used for a myriad of solutions. These solutions include, but are not limited to, access control, watch-list based surveillance, business intelligence, and demographic analysis.
Scope of RNWK’s Collaboration
Age, gender, and sentiment analysis will allow for the provision of real-time metrics to organizations with storing any personal identifiable information. The solution has the potential to be easily deployed as part of a multi-factor authentication solution. Online payment processing and similar use cases will also be facilitated. RNWK stock’s customers will be provided with additional options that will offer accurate, high-speed AI facial recognition capabilities. In conjunction with their existing products, SAFR hopes to solve complex challenges for access control and surveillance while providing actionable business intelligence.
Ahead of the Competition
RNWK stock’s computer vision code is a frontrunner in small and efficient offerings in the facial recognition marketplace. This makes it easy to deploy in edge devices. The latest version 3.5 supports liveness detection, which serves to prevent fraudulent access via photos and videos that might allow access on less secure systems.
Future Outlook for RNWK Stock
The company reported a strong quarter, with the recent collaboration consolidating its trajectory of success. RNWK stock is keen to effectively leverage the resources at its disposal. Shareholders are hopeful for significant and sustained increases in shareholder value.
