actatek and jakin id vertical market penetration leadership
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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.TRANSCRIPT
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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 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 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 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
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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
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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
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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
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© 2010 Frost & Sullivan 8 “We Accelerate Growth”