Solus Software & Systems Private Limited (Solus) received the Frost & Sullivan Entrepreneurial Company of the Year Award for Electronic Access Control Systems (India) 2007. This award goes to Solus Software & Systems for its pro-active approach to market needs. Its products are robust and ideally suited to meet the access control needs for a wide array of applications.
The Awards based on detailed research seek to recognize Best Practices and outstanding performance by firms in the Fire Safety, Security and Building Management Systems industry and its segments in India.
On receiving the award, Mr. Narasimha Swamy, Director Technology, Solus Software & Systems, said, "Use of embedded IP with DAC - IPW Control Panels Time Smart Bio series facilitates ease of integration with other ERP and Security systems like CCTV and Intrusion Alarm over an IP network. Common interfaces are significant, allowing the user to trigger operations in one system from events generated in another, to successfully implement this level of integration. Solus has designed all products keeping integration in mind since its inception."
Mr. Y. S. Shashidhar, Vice President, Industrial Practice, Frost & Sullivan said, "In a short span of time, Solus has established itself as a reliable supplier of product and services in the Indian electronic access control systems market. Its success with developing simple yet powerful solutions, completely in sync with the market demand, has put it in the forefront among the new age firms."
The Electronic Access Control Systems market in India is around US $76.8 million. Security concerns on physical as well as logical assets are the main drivers of this market. Increasing awareness levels and affordability of systems is creating growth opportunities both at the low and high ends of the market. Frost & Sullivan expects the Indian Electronic Access Control Systems market to grow at a compound annual growth rate (CAGR) of 21.9 percent between 2006 and 2012.
Frost & Sullivan followed a rigorous selection methodology that is unmatched by any other firm. The nominees were subjected to a detailed audit process wherein their performance was measured against 50 different parameters covering various strategic business performance areas such as the firm's strategic position in the industry, management experience, strategic partnerships, marketing programs, research and development programs, performance on revenue and financial metrics, product innovation, growth focus, competitive position, and the like. The selection process involved detailed secondary research and in-depth discussions carried out by senior Frost & Sullivan analysts with senior executives of the participating firms.
The launch of the awards program met with an overwhelming response from the industry. Many leading national and multinational companies, small and medium firms nominated their candidature in one or more of the 12 business areas spanning Fire Safety, Security and Building Management Systems industry segments, covered in this program. In all, over 80 firms entered the pan-India awards program launched four months ago.
About Frost & Sullivan
Frost & Sullivan, the Growth Consulting Company, partners with clients to accelerate their growth. The company's Growth Partnership Services, Growth Consulting and Career Best Practices empower clients to create a growth focused culture that generates, evaluates and implements effective growth strategies. Frost & Sullivan employs over 45 years of experience in partnering with Global 1000 companies, emerging businesses and the investment community from more than 30 offices on six continents. For more information about Frost & Sullivan's Growth Partnerships, visit http://www.frost.com
About Solus Software & Systems Pvt. Ltd
Solus Software & Systems Pvt. Ltd. is an Indian-owned company specialising in the development, manufacturing & marketing of electronic access control, time attendance and other enterprise integrated systems. Manufacturing a range of System controllers, built in readers, biometric terminals and Access control, Time management Enterprise softwares, Solus is responsive to the market needs and its products incorporate innovative features, which make it a preferred supplier among various Consultants, System integrators and End users. For more information about Solus, visit www.solus.co.in
No comments:
Post a Comment