Page 27 - Paragon Annual Report 2

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The strategic acquisition of the ITSO-accredited British company Burall InfoSmart in summer 2017 has further enhanced our offer to the transportation and access control markets. It allows us to better help our clients move from traditional tickets to smarter solutions such as RFID, smart cards and HCE ticketing, and reinforces our global e-ID production footprint, already established in France and Romania. This is in line with our strategy to grow and confirm our position as a true leader in identification solutions.
Global reach
Paragon ID has the geographical spread required to closely serve international clients. We have a solid industrial base, with over 600 employees in the US, the UK, Romania and France, and plan to grow further in key areas – including continental Europe, the UK and the US.
Multiple sectors
We also specifically tailor our solutions for the retail, health, pharma, manufacturing, logistics, luxury products and gaming sectors, providing innovative, secure traceability and brand protection solutions to leading organisations.
Building on a strong technological
base
Paragon ID’s unique secure contactless technology enables secure RFID to be embedded in all types of media, such as passports, ID documents, smart tickets and labels, smart cards and smartphones. These products are completed with a range of advanced associated services, allowing our clients to safely migrate to the digital world.
Research and development
We continue to strengthen our R&D team,
in particular with the recruitment of web and app developers – allowing us to maintain our technological leadership in security products and contactless solutions while furthering our smartphone apps, data management and NFC authentication expertise.
Growth and innovation
We have invested heavily this year, in particular
to double our Argent-sur-Sauldre site capacity in France to 400 million inlays per year, to give us the competitive edge and flexibility our clients require.
Paragon ID has strong development ambitions – with a plan to build on our proven experience of successful acquisitions and integrations alongside double-digit organic growth in contactless activities.
High-frequency RFID and NFC
opportunities
NFC is revolutionising the way we interact with objects.
Nearly a third of the world’s population – some
2 billion people – now have a smartphone that can read RFID/NFC tags. Since September, iPhone 7 and above models also have this ability – opening up the huge Apple-dominated North American market to contactless smartphone opportunities.
As an established leader in contactless communication through our experience in the mass transit and smart city markets, Paragon ID is ideally positioned and prepared for the global opportunities NFC will bring.
Paragon Group Limited – 05258175
45 countries served
120 cities worldwide
600+
employees
4 billion
journeys per year
“ Some 2 billion people now have a smartphone that can read RFID/NFC tags. ”
PARAGON ID ACTIVITIES