NEWS COMMENTARY

Dover acquires Systech Solutions, a provider of serialization, traceability, and anti-counterfeiting solutions

Published:
January 24, 2020
Coverage:
Digital Transformation More...
Activities:
Acquisition
Very important

Systech provides product authentication services to 19 of the top 20 pharmaceutical companies in the world in addition to other industry verticals like CPG, spirits, and nutraceuticals. The company leverages the inconsistency of barcode printers that produce small-scale variations in different barcode features, such as edge linearity, contrast variations, region discontinuities, and extraneous marks. Systech's computer vision-based software creates a unique digital fingerprint of each product by reading those variations and allows users to scan products using their smartphones for authenticity. Clients should expect to see increasing use of similar technologies, as more than $300 billion worth of counterfeit products are sold every year.

For the original news article, click here .


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