ViVOtech has been ranked at the top of the latest Vendor Matrix released by ABI Research in the company’s most recent evaluation of worldwide contactless reader vendors. Cubic Transportation Systems and On Track Innovations came in second and third respectively.
The Vendor Matrix is an analytical tool developed by ABI to rank vendors’ positions in specific markets. Ranking criteria include innovation and implementation across several areas in 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,” says ABI Research principal analyst Jonathan Collins. “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.”
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 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.
See the list of the top five firms in this Vendor Matrix here. ![[end]](/resources/bullet/archive-4.gif)
