Communications and Technology Industry Research

ABI Research (News - Alert), a market research firm focused on the impact of emerging technologies on global consumer and business markets, has ranked ViVOtech at the top of latest Vendor Matrix. 

The second and third spots were claimed by Cubic Transportation Systems and OTI (On Track Innovations) respectively. The Vendor Matrix is ABI Research’s most recent evaluation of worldwide Contactless Reader Vendors.

The Matrix is designed to be an analytical tool. Developed by ABI Research, the Vendor Matrix provides 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.

ABI Research principal analyst Jonathan Collins commented in a Friday statement, “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,” Collins added.

To examine innovation in the industry for the completion of the matrix, ABI Research examined product innovation, the breadth of vendors’ product offerings, their industry experience and leadership, knowledge transfer and each vendor’s industry partnerships.

In the area of implementation, the market research firm evaluated such criteria as a vendor’s 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 throughout the world.

This Vendor Matrix forms part of ABI Research’s RFID & Contactless Research Service (http://www.abiresearch.com/products/service/RFID_Research_Service). For a list of all ABI Research Vendor Matrices, please visit The ABI Research Vendor Matrix (http://www.abiresearch.com/vendor_matrix_home.jsp).

ABI Research has built a firm reputation in the global industry by providing a unique blend of market intelligence, primary research and expert assessment from its worldwide team of industry analysts. The firm assists hundreds of clients each year with their strategic growth initiatives.

Contactless payments are gaining attention in the global economy as they offer significant benefits to the consumer, the merchant and the financial institution. While there is still much work to be done in the industry to maximize its reach and penetration for vendors, this latest research will help to further the efforts of those key players, brining more attention to this technology.