Smart cards cost more than other ID tokens. How much does it cost to implement a smart-card-based identity management system?
While a smart-card-based ID may cost more per card than other ID technology, the cost of the ID is a small fraction of the total cost of an organization’s identity management system, with smart cards providing significant security, privacy and functionality benefits that may result in other system or cost improvements. The actual cost of the smart card will depend on many factors, including the memory size, microcontroller features and speed, operating system and volume of cards deployed. Deploying a new identity management system is typically a large-scale IT project. Investment is required for business process reengineering, project management, system design and deployment, technology acquisition, user training, and on-going management and support. The justification for implementing a new identity management system may be based on requirements to comply with new legislation or regulations, a strategic or tactical decision to improve security for the organization, or cost savings from