Precision Group in a 250-crore group headquartered in Chennai and is a full-fledged Technology oriented organization (not IT). Apart from our various other businesses, we have focused on field of biometrics for the last 5 years are probably the only company in India to possess in-house capabilities for complete R&D and deployment of biometric solutions.

Biometrics are a fast growing technology area – especially fingerprint. Almost ALL socially targeted government projects (including the Unique ID project) require the use of biometrics to uniquely identify the beneficiary – be it the NREGA or the RSBY or the Financial Inclusion (a massive movement by the government to bring every individual into the banking net) or anything else that you may be able to think of.

Banks have started using biometrics (fingerprint authentication) to restrict access to systems and transactions as part of their Core Banking Systems – a technology that has already been implemented by Indian Bank (through us) and SBI (the largest bank in India) following suite soon.

We feel that this growing awareness towards the benefits of fingerprint as an identity establishment mechanism and large scale use of the same will require a good amount of engineering talent to be working on such systems.

We are conducting this competition to create awareness among the students, provide the interested ones with an opportunity to display their skills and aptitude in this field, evaluate good students for a potential job placement and also to establish a rapport with the student community.