LCR 4.0 and VEC help local technology company reduce costs by 20%
Human Recognition Systems (HRS), a Liverpool-based biometric security firm, reports that by working with LCR 4.0 it has reduced the component costs of one of its core products by 20 per cent which it predicts will save the business £130,000 over the next two years.
Part funded by the European Regional Development Fund (ERDF), LCR 4.0 aims to power a digital manufacturing revolution in the Liverpool City Region using expertise from the University’s Virtual Engineering Centre as well as other local partners.
Through LCR 4.0, HRS worked with the VEC to develop its MSite Touch system to reduce costs, retain effectiveness and identify possible ways to improve the scalability of the product.
Dr Andy Levers, technical director at the VEC and LCR 4.0 lead, said: “It’s great to see a company like HRS seeing business benefits from the technical support that the LCR 4.0 programme offers. This project is a fantastic example of how new technology can improve business productivity and competitiveness.”
Adam Smith, Product Development Group at HRS said: “The goal was to develop a solution that would remove a key component from our MSite Touch device, reducing costs and creating a reliable and scalable platform for future expansion.
“Having seen first-hand how the software was tested and assessed, we can now use this knowledge to move forward and implement process improvements across other elements of HRS. We are extremely impressed with how the project was managed and the professionalism of all those involved.”
The LCR 4.0 programme is delivered in partnership by the University of Liverpool (through its Virtual Engineering Centre), Liverpool City Region Local Enterprise Partnership (LCR LEP), Liverpool John Moores University (Faculty of Engineering and Technology), the Science and Technology Facilities Council’s Hartree Centre and Sensor City.
The VEC provides expertise in the development and integration of virtual engineering technologies and has a track record in delivering bespoke solutions across a range of sectors including automotive, aerospace, energy, oil and gas.
It is part of the University’s Digital theme which consists of research, facilities and education expertise in data, connectivity, computing power, automation, virtual reality and analytics.