ZKTeco Strengths, Domain Expertise, and Key Differentiators
ZKTeco, a multinational enterprise, distinguishes itself in the IT industry with its two-decade-long expertise in manufacturing and developing a diverse array of solutions encompassing access control, time attendance, turnstiles and barriers, CCTV, metal detectors, X-ray inspection, integrated security solutions, and embedded biometric and RFID modules. Boasting a global presence, the company leverages a highly skilled team of over 3800 employees and possesses its manufacturing plants. This, coupled with robust research and development and engineering departments, underscores ZKTeco's commitment to complete in-house production, ensuring control over every aspect of its hardware, firmware, and software.
ZKTeco Recent Developments
As the digital landscape continues evolving, robust and comprehensive security solutions have become paramount for businesses worldwide. In 2023 ZKTeco released its platforms, Armatura One and ZKTeco's ZKBio Zlink and ZKBio CVAccess, each offering a unique set of features designed to meet the diverse security needs of modern enterprises.
Armatura One is designed to streamline security operations, offering a seamless experience for businesses of all sizes. The platform's integration of various modules ensures that organizations can address multiple security aspects with a centralized and efficient approach.
ZKBio Zlink represents a new era in security software. Embracing the Software as a Service (SaaS) model, ZKBio Zlink integrates Access Control, Time & Attendance, and Visitor Management modules into a unified platform. This forward-thinking approach allows businesses to leverage the benefits of cloud-based services, providing flexibility and scalability. ZKBio Zlink ensures efficient access control and time management and offers a comprehensive solution for managing visitors, making it an attractive option for organizations seeking modern and adaptable security solutions.
ZKBio CVAccess takes a different approach by offering a lightweight web-based security platform that utilizes hybrid biometric technology and computer vision. Designed to support ZKTeco hardware, this solution is tailored to the needs of small to medium-sized businesses. The platform's key features include Personnel Management, Access Control, Time and attendance, Smart Video Surveillance, and System Management. By combining biometric technology and computer vision, ZKBio CVAccess ensures accurate identification and enhanced security, making it an ideal choice for organizations with specific requirements and focused on resource optimization.
ZKTeco Customers in ARTW Customer Database
Leveraging a rigorous data-centric research methodology, APPS RUN THE WORLD asks the simple question: Who’s buying ZKTeco applications and why? And we provide the answers – supported by decades of research – to our clients around the world. Our Customer database has over 100 data fields that detail company usage of ZKTeco and other enterprise apps by function, customer size, industry, location, implementation status, partner involvement, Line of Business Key Stakeholders and IT decision makers contact details. List of Verified ZKTime.Net, TimeCube, ZkTeco Cloud customers.
ZKTeco Overview
Ownership: - x
Number of Employees: 3800
Functional Market: Absence and Leave Management, Workforce Analytics, Scheduling, Time and Attendance,
Key Verticals: Aerospace and Defense, Automotive, Banking and Financial Services, Communications, Construction, Real Estate, Consumer Packaged Goods, Distribution, K12, Higher Education, Federal Government, State and Local Government, Public Safety, Healthcare, Life Insurance, P&C Insurance, Specialty Insurance, Leisure and Recreation, Hospitality, Life Sciences, Manufacturing, Media, Faith-Based Nonprofit, Youth and Elderly Care, Special Cause Nonprofit, Oil and Gas, Chemicals, Professional Services, Retail, Transportation, Utilities,
ZKTeco Key Cloud and HCM Applications
ZKTime.Net, TimeCube, ZkTeco Cloud
ZKTeco HCM and Cloud HCM Applications Revenues, $M:
| Type/Year | 2022 | 2023 | YoY Growth, % |
|---|---|---|---|
| Total Revenues, $M | Subscribe | Subscribe | Subscribe |
| HCM Applications Revenues, $M | Subscribe | Subscribe | Subscribe |
* HCM Applications Revenues = License + Support & Maintenance + SaaS ( Hardware and Prof. Services are Excluded )
** All revenue figures are estimates based on public records, Cloud and Non-Cloud business models in Apps Run The World's vendor database, and annual survey results including vendor feedback.
ZKTeco Revenue Breakdown by Type:
ZKTeco HCM Applications Revenues By Sub-Functional Markets, $M:
Split by Sub-Functional Markets | % of HCM Revenue in the HR Segment | 2023 HCM Revenues, By HR Segment, $M | |
ZKTeco HCM Applications Revenues By Verticals, $M:
ZKTeco Total and HCM Applications Revenues by Region:
| Region | % of Total Revenues | 2023 Total Revenues, $M | 2023 HCM Applications Revenues, $M |
|---|---|---|---|
| Americas | Subscribe | Subscribe | Subscribe |
| EMEA | Subscribe | Subscribe | Subscribe |
| APAC | Subscribe | Subscribe | Subscribe |
| Total | Subscribe | Subscribe | Subscribe |
ZKTeco Direct vs Indirect sales
| Region | Direct Sales | Indirect Sales | Total |
|---|---|---|---|
| Type % | Subscribe | Subscribe | Subscribe |
| Revenues, $M | Subscribe | Subscribe | Subscribe |
ZKTeco Customers - Breakdown by Geo, Size, Vertical and Product
List of Verified ZKTeco Customers
No. of ZKTeco Customers: 10000
No. of ZKTeco HCM Applications Customers: x
No. of ZKTeco Cloud HCM Customers: x
No. of ZKTeco Cloud HCM Subscribers: x
ZKTeco has an impressive customer base exceeding 10,000 and a staggering impact on over 220 million individuals utilizing their products daily across approximately 180 countries/regions. This widespread adoption attests to the company's reach and influence, solidifying its position as a key player in the international market. The extensive user base underscores the reliability and effectiveness of ZKTeco's solutions, reflecting the brand's ability to address diverse security needs on a global scale.
ZKTeco Market Opportunities, M&A and Geo Expansions
In a significant development on December 7, 2023, ZKTeco, unveiled a strategic partnership with Amazon Web Services (AWS) to elevate its cloud capabilities and introduce the innovative Minerva IoT platform. This collaboration represents a pivotal step in ZKTeco's ongoing journey towards cloud transformation, initiated in 2021 with AWS as a key ally.
The Minerva IoT platform, meticulously designed to seamlessly integrate smart devices and applications, support edge computing through computer vision, and deliver SaaS cloud services, harnesses the power of big data, IoT, and 5G technologies to provide comprehensive intelligent solutions. The platform's three-layer architecture, utilizing a suite of AWS services, ensures optimal performance, scalability, and security. Leveraging AWS's Cloud Foundations solution underscores ZKTeco's commitment to implementing best practices in governance, risk management, compliance, operations, security, business continuity, financial management, and infrastructure.
This strategic move not only accelerates ZKTeco's value realization and reduces implementation costs but also fortifies the security and efficiency of its cloud environment, positioning the company for future growth and innovation in the competitive landscape of biometric technology and cloud services.
ZKTeco's enduring commitment to hardware remains intrinsic, even as the burgeoning momentum in workforce management competes for attention with access control and security systems. Renowned as a pioneer in multibiometric and RFID technology, ZKTeco has established a global footprint, with its products being utilized by over 220 million users worldwide, and the user base continues to expand. This dual focus on cutting-edge hardware and the evolving landscape of security solutions positions ZKTeco as a formidable player, navigating the delicate balance between established technologies and emerging trends in the ever-evolving IT landscape.
ZKTeco Risks and Challenges
Recognizing the intricate interplay between hardware and software in the technological landscape, it becomes imperative for the entity in question to strategically augment its software capabilities. This strategic emphasis on software development not only aligns with industry trends but also ensures a more robust and holistic approach to maintaining and enhancing the efficiency and functionality of the hardware infrastructure. In the dynamic IT landscape, such investments serve as a proactive measure, positioning the organization to navigate evolving industry demands and reinforcing its overall competitiveness.
ZKTeco Ecosystem, Partners, Resellers and SI
In October 2021, ZKTeco Europe strategically collaborated with A-SEC, a prominent Spanish security provider, appointing them as the Authorized Distributor for the Spanish and Portuguese markets. This collaboration underscores ZKTeco's commitment to meeting the escalating demand for biometric security solutions in the region. A-SEC's proficiency in sales will be leveraged to distribute ZKTeco's extensive portfolio, encompassing CCTV, Time Attendance, and Access Control.
The product range, featuring video surveillance, access control, and time attendance solutions, seamlessly aligns with ZKTeco's focus on user-friendly setup and installation, simplifying the processes for installers and integrators. This recent partnership not only grants A-SEC's clients direct access to ZKTeco's cutting-edge products and services but also ensures that ZKTeco's secure time attendance and biometrics-based Access Control solutions are readily available for companies of all sizes seeking efficient access management.
The company's European Headquarters in Madrid, established in 2010, serves as a testament to ZKTeco's commitment to providing optimal support, boasting R&D, technical, financial, sales, and warehousing facilities. This comprehensive approach positions ZKTeco as a leading brand in Time & Attendance and Access Control technology in Europe, offering direct sales alongside robust channel programs.
ZKTeco Cloud Platform (PaaS) and Infrastructure (IaaS) Details
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- ZKTeco Public Cloud and Infrastructure (IaaS)
- ZKTeco Platform (PaaS)
- ZKTeco Application Delivery
- ZKTeco Private Cloud and Data Centers
Research Methodology
Data used in research reports are derived from publicly available documents, continuous surveys of applications vendors, customers, resellers, Independent Software Vendors, systems integrators and other verifiable sources.
Vendor shares and market forecast results are based on a combination of existing databases as well as demand side and supply side research conducted throughout the year with validation from vendors, customers, channel partners and documentations such as earnings releases and 10Q and 10K filings, vertical industry studies, regional and country-level statistics from public and private institutions(i.e. colleges, universities, government agencies and trade associations).
For additional information on our methodologies, here's the link:
https://www.appsruntheworld.com/taxonomy
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