ZICOM FORMALLY ENTERS IoT BUSINESS – EYES HUGE OPPORTUNITIES

ZICOM FORMALLY ENTERS IoT BUSINESS – EYES HUGE OPPORTUNITIES 

·         Launches Zicom Care - A Revolutionary Customer-centric  Initiative 

·         Targets 100,000 Customers By March 2017 

·         24X7 Support Service Along With Security Cover 

Mumbai, September 14, 2015  

In yet another trend setting initiative that will benefit legions of customers across India, Zicom Electronic Security Systems Limited (BSE: 531404&NSE: ZICOM), India’s market leader in electronic and cloud-based security solutions today announces its  foray into the business of Internet of Things( IoT) business by offering security services under SaaS ( Security as a Service ).  

We live in an age where our security, physical and digital cannot be taken for granted. As we evolve as a society, our threats evolve too. Zicom IOT business has come up with various solutions that cater to individuals, housing societies & enterprises.  

After testing the waters for the last two years, the company has acquired over 15,000 client accounts. With its solid customer base, Zicom is making a bold foray at a right time when the Indian market is getting ready for an explosion of Internet-connected home appliances and consumer devices. 

Speaking at the launch of Zicom Care,   Mr. Manohar Bidaye, Chairman, Zicom Electronic Security Systems Limited told the packed gathering at MIG Cricket Club in Bandra, Mumbai, “Zicom is moving up the value chain. It successfully completed a long journey of 20 years in which many things changed save the company’s unflinching commitment to its customers. Caring is in the DNA of Zicom. With Zicom Care, we hope to build a strong relationship with our customers and offer them real value,”  

Mr. Bidaye also unveiled the new logo of Zicom Care.            …2 

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Speaking on the occasion, Mr. Pramoud Rao said “We as a company have been extremely pained and concerned over the rising levels of threats and the alarming trend of brutal violence.  Our police have done an admirable job in combating some of them but it would be naive on our part to expect them to manage a population of 1.2 Billion with scant resources and outdated policies. 

Services Offered By Zicom Care  

·           CCTV Monitoring Services 

·           Intruder  Alarm Monitoring   

·           Vehicle Tracking & Monitoring  

·           Fire Alarm Monitoring 

·           Attendance  Monitoring 

·           ATM Alarm Monitoring 

·           Customer Footfall Counting Services 

·           Security Service for Women/ Children and Senior Citizens 

·           Security Services for Housing Societies in Mumbai and Pune 

These are being offered as Remote Monitoring Service (RMS) from Zicom Command Centre (ZCC) 24x7, 365 days in a year. The company’s robust service network encompasses over 1,000 cities in India. Leveraging the power of cloud computing, Zicom is providing services that cover personal, societal and enterprise security.     

Growing IoT Market  

A survey recently conducted by Tripwire disclosed that the number of installed Internet of Things (IoT) devices will reach 28 billion by 2020 which will deliver global economic value add of $1.9 trillion. Also, according to MarketsandMarkets, the market size of global M2M Connections is expected to reach $35.16 billion by 2020, at a CAGR of 11.57 percent between 2015 and 2020. Among cellular M2M connections, the highest number of connections is expected to be of 3G connectivity, followed by 2G and 4G connectivity. The 4G M2M connections are projected to grow at the fastest rate.

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Zicom is negotiating with enterprises, state governments, banks, hotels and educational institutions to offer its variety of services on its IoT platform.  

With 75% of companies from across industries are already exploring IoT, Zicom is well poised to reap the rewards from this nascent but growing market.                                                                                               …3

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About Zicom 

Zicom Electronic Security Systems Ltd. is the leading electronic security brand in India. The Company offers a wide range of products and customized solutions including services in Intrusion and Burglar Alarm Systems, Access Control Systems, Fire Detection Systems, CCTV Surveillance Systems, Central Monitoring Station and Video Monitoring Station, etc., with focus on retail and SME sectors. Zicom has pan-India operations with service capabilities in 1023 cities. 

For further information, please contact: 

Ms. Cynthia Gokhale: cynthia.gokhale@zicom.com