ViVOtech Tops Contactless Payment, Ticketing, and NFC Reader Vendor Matrix Rankings

(Business News & Technology News, 25 Aug 2008)

ViVOtech has been ranked at the top of the latest Vendor Matrix released by ABI Research, which evaluates worldwide Contactless Reader vendors. Cubic Transportation Systems and OTI (On Track Innovations), meanwhile, claimed the second and third spots.

The Vendor Matrix is an analytical tool developed by ABI Research to provide a clear understanding of vendors¡¯ positions in specific markets. Vendors are assessed on the important parameters of "innovation" and "implementation" across several criteria unique to each vendor matrix.

"What this Vendor Matrix shows is that the dedicated contactless payment vendors such as ViVOtech and OTI, and those that built their contactless offerings around transportation deployments, such as Cubic and ASK, are increasingly converging as transportation systems move toward adoption of open contactless payments. The two markets are merging, and the vendors in this space will increasingly be required to offer products, services, and support across a range of contactless payment and ticketing applications," comments Jonathan Collins, ABI Research principal analyst.

For this particular matrix, under "innovation", ABI Research examined product innovation, the breadth of vendors' product offerings, their industry experience and leadership, knowledge transfer, and vendors' industry partnerships.

Under "implementation", ABI Research scrutinized the following criteria: vendors' share of the target market, their share of the total market, breadth of adoption for their products, cross-regional acceptance, and their ability to supply and support customers worldwide.

Click here for more information on ABI Research