Solus Software & Systems Private Limited has won 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 ideally suited to meet the access control needs for a wide array of applications. The awards seek to recognise best practices and outstanding performance by firms in the fire safety, security and building management systems industry and its segments in India.
The electronic access control systems market in India is around $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 21.9 per cent CAGR between 2006 and 2012.
On receiving the award, 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."
Y. S. Shashidhar, vice president, industrial practice, Frost & Sullivan, shared, "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 amongst the new age firms."
