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    ENRON COLLAPSES
    November 28, 2001 - U.S.A.

    Enron Corp., once the world's largest energy trader employing over 20,000 employees share price has now dropped below one dollar from a high of $90.00 per share following would-be rescuer Dynegy Inc. backing out of an $8.4 billion deal to take Enron over. Speculation is now on when not if Enron will file bankruptcy. On 2nd December Enron did file bankruptcy and later as details became available it was shown that a number of top executive knew of the imminent collapse and dumped their shares at high prices while still telling investors to buy the shares as a great investment, consequently a number of those former executives were indicted on securities fraud and related charges.

    POLAROID LAND CAMERA
    November 28, 1948 - Boston, U.S.A.

    The Polaroid Land Camera first went on sale, at a Boston department store. The 40 series, model 95 roll film camera went on sale for $89.75. This first model was sold through 1953, and was the first commercially successful self-deleveloping camera system. A sepia-coloured photograph took about one minute to produce. Edwin H. Land had previously demonstrated his invention of instant photography at a meeting of the Optical Society of America on 2 Feb 1947. His first commercial success came in 1939 with his invention of Polaroid filters for lenses in products such as ski goggles, sunglasses and slip-on sunglasses for optical glasses.

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Accurate Attendance Report Using Face Re :

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ARTICLE INFORMATION :

Biometric time attendance system can be an initiative to rise up in the business world. Its features and benefits are marking its existence in today?s market.

ARTICLE CONTENT :

Nowadays Time Attendance System is replacing the conventional process of using hand written pen and paper as well as the clock time. This application, which is the most recent invention, can help your organization?s main departments like Human Resource and the Finance department for the completion of their tedious work. It also helps in resolving all the shortcomings which one used to face with the former method.

Procedural Concept:

The application of biometrics is based on 'no human touch' technology. It is based on capturing of facial characteristics in a way so that later on the system can perform matching process onto it.

Get Yourself Captured:

In order to mark your daily presence in your office, get yourself enrolled once by the face recognition system. The respective person has to stand facing the camera and the camera will capture the necessary facial details. The details will be stored in the database of the computer, so that it can be retrieved at anytime.
Next time when the person will re-visit the same place, then as soon as the person will stand in front of the camera, the device will follow a matching algorithm to match the original image with the already stored patterns and will grant the permission.

Thus it saves the unnecessary paper work as well as employee?s precious time. It also helps the firm to save its annual budget. Using this time attendance system the various department gets proper knowledge of the employee?s presence, which in turn helps them to generate financial data, calculating leaves, arranging staff etc.

Are You Worried About Installation?
Face Recognition System based application time attendance system is very easy to install and use. Its installation requires the face recognition device, and a computer. The database can be at local terminal or at the remote end depending on the basic requirement.

When the picture is clicked by the device the required facial details are stored in the computer. The data can be used whenever required.



Do You Know?

? The time attendance system captures multiple facial patters in order to serve you with best matching capability.

? It requires very small space to get stored into the computer therefore one can store large volume of data.

? It can capture multiple faces at the same time and process them individually.

? It can tolerate certain facial movement up to an extent. That is, from frontal to different direction.

? It can be clubbed with the payroll software for better generation of the payroll details.

There is still more!

Well, the number of benefits still remains. While working with time attendance system, one can get large number of advantages. Few of them are listed below:

? It is the safest and fastest method of security.

? This application requires one time installation charge.

? Now, you are free from buddy punching.

? It provides a facility for the central data management system.

? A very cost effective method of recording the attendance.

All these factors are mainly responsible for this application to gain popularity in the global market. Enhance the productivity of your firm using Biometric time attendance system and carry forward yourself following the pathway of face recognition system into the global environment.

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  • Free Articles / LifetimeArticle Type
  • November 30, 2014Date Added :
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