actatek and jakin id vertical market penetration leadership

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http://www.jakinid.com/ 2010 Vertical Market Penetration Leadership Award ACTAtek and JakinID 2010 Vertical Market Penetration Leadership Award © 2010 Frost & Sullivan 1 “We Accelerate Growth”

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ACTAtek & Jakin ID specializes in manufacturing complete multi-door RFID access control systems including access control panels, software, card access readers, cards, keytags and accessories.

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Page 1: Actatek and jakin id vertical market penetration leadership

http://www.jakinid.com/

2010 Vertical Market Penetration Leadership Award ACTAtek and JakinID

2010 Vertical Market Penetration Leadership Award

© 2010 Frost & Sullivan 1 “We Accelerate Growth”

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2010 Vertical Market Penetration Leadership Award ACTAtek and JakinID

Frost & Sullivan’s Global Research Platform

Frost & Sullivan is entering its 49th year in business with a global research organization of 1,800 analysts

and consultants who monitor more than 300 industries and 250,000 companies. The Company’s research

philosophy originates with the CEO’s 360 Degree Perspective,* which in turn serves as the foundation of

its TEAM Research** methodology. This unique approach enables us to determine how best-in-class

companies worldwide manage growth, innovation and leadership. Based on the findings of this Best

Practices research, Frost & Sullivan is proud to present the 2010 world Vertical Market Penetration

Leadership Award in ID Management solutions to ACTAtek and JakinID Pte. Ltd. (ACTAtek and JakinID).

Significance of the Vertical Market Penetration Leadership Award

Key Industry Ch alleges Addresses d by Increased Verti cal Ma rket Penetra tion

There are several key challenges existing in the biometrics industry. The implementation of strategic measures that

will remain sustainable over time can effectively address these challenges. In order to be successful in this rapidly

growing industry, both established and emerging companies must address each of these challenging areas by

following a unique competitive approach. The key challenges faced by the biometrics industry are as follows:

In the fingerprint biometrics sector, one of the prime challenges is the incorporation of fingerprint

biometric technology into the existing software. Application software developers rendering to various

verticals need to bear the costs and efforts of using a software development kit to add fingerprint

recognition capability to their products. This is not only costly but also quite a time-consuming process,

which can either delay or even cancel the adoption of fingerprint biometric technology.

On the technical aspect, the biometrics industry is lacking independent empirical data. It urgently requires to

carry out field trials on a large scale for ensuring the successful deployment of biometric systems.

In terms of competition, costs differ between different biometric technologies, including low-end

and high-end equipment too. Furthermore, increased market competition also affects costs, along

with regulatory decisions on standards, interoperability, and intellectual property rights.

In order to combat against these industrial challenges, biometric companies require providing

solutions that aptly safeguard privacy and protect data, thereby controlling the usage and preventing

misuse of private biometric data. Biometric technologies should be used in a way so as to derive the

utmost benefit from their deployments. In terms of cost, it must be observed that the real cost should

include the overall system security at all biometric stages and also of the fall-back system.

© 2010 Frost & Sullivan 2 “We Accelerate Growth”

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2010 Vertical Market Penetration Leadership Award ACTAtek and JakinID

Impact of Vertic al Market Penetr ation L eadership Award on Key S takeholders

The Vertical Market Penetration Leadership Award is a prestigious recognition of ACTAtek and JakinID’s

accomplishments in the ID management market. An unbiased, 3rd

party recognition can provide a profound

impact in enhancing the brand value and thereby accelerating the ACTAtek and JakinID’s growth. As captured

in Chart 1 below, by researching, ranking, and recognizing those who deliver excellence and best practices in

their respective endeavors, Frost & Sullivan hopes to inspire, influence, and impact three specific

constituencies:

Investors

Investors and shareholders always welcome unbiased and impartial third party recognition.

Similarly, prospective investors and shareholders are drawn to companies with a well-established

reputation for excellence. Unbiased validation is the best and most credible way to showcase an

organization worthy of investment.

Customers

3rd party industry recognition has been proven to be the most effective way to assure customers

that they are partnering with an organization that is leading in its field.

Employees

This Award represents the creativity and dedication of ACTAtek and JakinID’s executive team and

employees. Such public recognition can boost morale and inspire your team to continue its best-

in-class pursuit of a strong competitive position for ACTAtek and JakinID.

C h a r t 1 : B e st P r a c t ic e s L e v e r a g e f o r G r o w t h A c c e l e r a t i o n

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© 2010 Frost & Sullivan 3 “We Accelerate Growth”

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2010 Vertical Market Penetration Leadership Award ACTAtek and JakinID

Best Practice Award Analysis for ACTAtek and JakinID

The Frost & Sullivan Award for Vertical Market Penetration Leadership Award is presented each year to

the company that has demonstrated excellence in capturing the fastest measured rate of change of

market share of a specific vertical market. This Award recognizes how fast a company increases its

vertical penetration of a market, in terms of revenues or units as specified.

ACTAtek and JakinID’s Performance in ID Management Solutions Market ACTAtek and JakinID is a renowned name in enterprise-wide ID management solutions market for security and

workforce management applications. The company is into security, workforce management, and enterprise resource

planning for more than 8 years. Till date, ACTAtek and JakinID underwent 40,000 installations throughout the world.

With the primary focus on ID management, the company has rightly addressed the primary market needs for security

and workforce management with the help of a common biometric platform. This platform offers not only superior

quality but also scalable, networked series of fingerprint, video product and RFID smartcard solutions, which

seamlessly integrate into all types of software applications, thereby addressing the vertical market segments of

security and workforce management. The company’s sole aim is to offer a true, enterprise-wide biometric network

platform worldwide, which easily supports not only security (access control, asset tracking, and video surveillance) but

also workforce management (time and attendance, labor cost management, and payroll interface) applications.

Key Performance Drivers for ACTAtek and JakinID

Factor 1: Serving Diverse Needs of Different Vertical Markets ACTAtek and JakinID offers superior scalability and implementation options ranging from Web-based solutions

for small business to full client or server configurations designed for enterprise-wide solutions. The company

boasts of a wide product portfolio serving the ID management solution needs of several vertical markets that

include government, food and beverage, banking, property management, education, health care, transportation,

retail, hospitality, enterprise, and manufacturing, worldwide. ACTAtek and JakinID also customizes its ID

management biometric platform according to the specific needs of the customers. For instance, in the

government sector, to meet the needs of the Government of Macau, the company provided multiple ACTAtek

and JakinID combination units. These biometric units are equipped with biometric fingerprint and smartcard

technology for different departments: paired with in-built CMOS camera in ACTAtek and JakinID terminals for

matching users to the employee database, ACTAtek and JakinID Sync enabling synchronization of event logs

thus saving time, ACTAtek and JakinID Agent on IP network, and ACTAtek and JakinID TA Software allowing

easy management of user event logs and photo snapshots of every transaction.

Factor 2: Wide Product Portfolio and Warranties ACTAtek and JakinID offers a wide range of products to cater to the varied needs of the different market verticals. The

company has unique enterprise-wide network platforms that address access control, asset tracking, ID-video, time

and attendance, payroll, and workforce management. The company’s products include biometric units, smartcard

units, asset tracking, middleware, external readers, power device, software applications, networking, ID-video, and

accessories. Till date, ACTAtek and JakinID’s fingerprint scanner and the middleware products have been the most

successful in the market. The company offers a one-year warranty for almost all its products, along with prolonged

warranty of 24 and 36 months available for purchase from ACTAtek and JakinID and its authorized dealers,

respectively. Moreover, ACTAtek and JakinID also offers an extended warranty for both its hardware and software

products. Along with the hardware and software warranties, customers also enjoy the privilege to have access to

software updates and upgrades. The

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© 2010 Frost & Sullivan 4 “We Accelerate Growth”

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2010 Vertical Market Penetration Leadership Award ACTAtek and JakinID

company upgrades its middleware, firmware, and software solutions on a bi-annual basis, thus adding advanced new features as requested by its customers.

Factor 3: Company’s Orientation to Research & Development (R&D) ACTAtek and JakinID is a company that is always interested into developing innovative products and

solutions. The company spends more than 40 percent of its annual revenue every year for R&D. ACTAtek

and JakinID will be launching its sixth-generation fingerprint scanner within the first quarter of 2010, which

will be compact, powerful, smaller, and equipped with advanced fingerprint recognition algorithm. The

company’s R&D efforts successfully launch new products almost every year.

Factor 4: Technologically Unique to the Industry ACTAtek and JakinID provides unmatched biometric solutions that distinguish it from its competitors. It

offers real time, biometric ID authentication and information access for workforce management to address

security issues and cost control of the entire workforce. The ACTAtek and JakinID unit has a Web server

in it, which can be easily accessed by any Internet browser from any corner of the world. Moreover, the

company offers fully integrated RFID smartcard legacy (MiFare, EM, prox, iClass, Felica, and Legic) along

with a new (CEPAS) technology. Unlike other existing biometric and smartcard RFID platform, which are

Internet-based, ACTAtek and JakinID offers superior Web-based solutions for enterprise-wide ID

management. The company offers a robust network technology platform in a broad range of options,

ranging from WiFi, Ethernet, Global System for Mobile to Public Switched Telephone Network, for

deployment purposes.

Factor 5: ACTAtek and JakinID solutions make a difference

Whilst other players are device focused, ACTAtek and JakinID’s key focus is to offer solutions and

applications, whether in-house developed or developed by its worldwide developers. In order to serve

different markets, ACTAtek and JakinID has been launching several solutions that include: ID-Video that

combines IP-Camera video surveillance with ACTAtek and JakinID ID management platform allowing

management of video content by ID; SmartTime, an enterprise level client-server time and attendance

software with key focus in analysis and automated solution recommendation to the users to streamline the

running of the workforce in the most cost-efficient way; an integration of the ACTAtek and JakinID

biometric platform with active RFID solutions for asset and property protection and tracking all managed

by a single user ID; and, Green energy solution for powering on-off of all electronic and electrical

appliances based upon the ACTAtek and JakinID biometric platform.

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© 2010 Frost & Sullivan 5 “We Accelerate Growth”

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2010 Vertical Market Penetration Leadership Award ACTAtek and JakinID

The CEO 360 Degree Perspective T M - Visionary Platform for Growth Strategies

The CEO 360 Degree Perspective model provides a clear illustration of the complex business universe in

which CEOs and their management teams live today. It represents the foundation of Frost & Sullivan's

global research organization and provides the basis on which companies can gain a visionary and

strategic understanding of the market. The 360 degree perspective is also a “must-have” requirement for

the identification and analysis of best-practice performance by industry leaders.

The 360 degree model enables our clients to gain a comprehensive, action-oriented understanding of

market evolution and its implications for their companies’ growth strategies. As illustrated in Chart 2

below, the following six-step process outlines how our researchers and consultants embed the 360 degree

perspective into their analyses and recommendations:

C h a r t 2 : H o w t h e C E O ' s 3 6 0 D e g r e e P e r s p e c t i v e M o d e l D ir e c t O u r R e s e a r c h ?

© 2010 Frost & Sullivan 6 “We Accelerate Growth”

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2010 Vertical Market Penetration Leadership Award ACTAtek and JakinID

Critical Importance of TEAM Research

Frost & Sullivan’s TEAM Research methodology represents the analytical rigor of our research process: it

offers a 360 degree view of industry challenges, trends, and issues by integrating all 7 of Frost &

Sullivan's research methodologies. Our experience has shown over the years that companies too often

make important growth decisions based on a narrow understanding of their environment, leading to errors

of both omission and commission. Frost & Sullivan contends that the successful growth strategies are

founded on a thorough understanding of market, technical, economic, financial, customer, best practices

and demographic analyses. In that vein, the letters T, E, A and M reflect our core technical, economic,

applied (financial and best practices) and market analyses. The integration of these research disciplines

into the TEAM Research methodology provides an evaluation platform for benchmarking industry players

and for creating high-potential growth strategies for our clients.

C h a r t 3 : B e n c h m a r k i n g P e r f o r m a n c e w it h T E A M R e se a r c h

About ACTAtek and JakinID

ACTAtek and JakinID presently has operational offices in California (the United States), Vancouver

(Canada), the United Kingdom (EMEA), New Delhi (India), Bangkok (Thailand), Singapore, Hong Kong,

and Pakistan. The company is also planning to open its first Middle East office in the United Arab

Emirates in 2010. The easy-to-deploy, superior biometric and RFID smartcard platform provided by

ACTAtek and JakinID is also well-known for offering excellent value for money.

© 2010 Frost & Sullivan 7 “We Accelerate Growth”

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2010 Vertical Market Penetration Leadership Award ACTAtek and JakinID

About Frost & Sullivan Frost & Sullivan, the Growth Partnership Company, enables clients to accelerate growth and achieve best in

class positions in growth, innovation and leadership. The company's Growth Partnership Service provides the

CEO and the CEO's Growth Team with disciplined research and best practice models to drive the generation,

evaluation and implementation of powerful growth strategies. Frost & Sullivan leverages almost 50 years of

experience in partnering with Global 1000 companies, emerging businesses and the investment community

from 31 offices on six continents. To join our Growth Partnership, please visit http://www.frost.com.

Emily Bailey Frost & Sullivan DDI: +44 (0)20 7730 3438 Email: [email protected] www.frost.com

© 2010 Frost & Sullivan 8 “We Accelerate Growth”