NtechLab offers facial recognition software in Bangladesh

Russian company NtechLab has partnered with local software company Ribat Metatech at an event held at a city hotel on Thursday to offer facial recognition software for security services and commercial clients in Bangladesh.

NtechLab is the first major Russian software developer to enter into Bangladeshi market, said a media release.

Amatula Khanova, Press Attaché, and Anton Vereshchagin, Third Secretary of the Russian Embassy in Bangladesh; Pavel Borisov, Head of Business Development and Sales in South Asia, NtechLab; Golam Sarwar, Managing Director at Ribat Metatech spoke on the occasion.

Facial recognition technology empowers governments and security services to act with greater speed and confidence. It employs a high-precision, real-time face recognition mode in video streams. Images are compared with a database of wanted individuals. If there is a match, the platform notifies law enforcement immediately. The entire process, from the appearance of a person in front of a camera to law enforcement receiving a signal, takes only seconds. This enables a fast response to situations as they develop.

The technology can also provide commercial companies, such as retail stores, exhibition halls, and trade centres with richer audience analytics on visitor numbers, including segmentation based on gender and age, the average length of visit time, and whether attendees are new or regular visitors. Another application is facial recognition for access control and attendance management systems.

Golam Sarwar, Managing Director at Ribat Metatech, said, “Partnership with NtechLab will contribute to the further development of artificial intelligence systems and skilled manpower in Bangladesh. The company’s facial recognition technology is one of the most accurate and fastest in the world, so we are sure that there will be huge interest in such systems both from the government and commercial clients.”

Pavel Borisov, Head of Business Development and Sales in South Asia at NtechLab, said, “Bangladesh is a reliable friend and partner of Russia in many fields. We are happy to become a pioneer in the field of innovations and technology cooperation between our countries. We believe that another page of successful bilateral cooperation has been opened today. We expect more Russian Startups to join us here.”