Page 6 - Paragon ID

Challenges and strategy
MISSION STATEMENT
Our mission is to provide innovative technologies and platforms which power contactless identification solutions and RFID applications to securely connect and locate people, products and objects, whilst contributing towards reducing our clients’ carbon footprint.
Our four strategic business activities: Electronic Identification (eID); Transport & Smart Cities;
Track & Trace and Brand Protection; Payment Solutions.
OUR STRATEGY
Our RFID products, solutions and applications all aim to connect and locate assets, products and people. They include electronic ID documents, physical and digital transport tickets, RFID tags and payment cards.
Moreover, we design, build and sell software platforms, which support the deployment and optimisation of these ID products:
Open ABT: used to issue digital tickets and manage public transport user accounts;
RFiD Discovery: used for real-time identification and location of people and objects thanks to a range of technologies including GPS, Wi-Fi, Bluetooth Low Energy (BLE) or RFID.
Paragon ID distributes its products and solutions, directly or via partners, to global manufacturers, integrators and worldwide operators, primarily using a B2B2C model.
Our brands and subsidiaries
The growth achieved by Paragon ID is built on innovation and investment in R&D and infrastructure, and bolstered by strategic acquisitions.
Paragon ID favours the acquisition of commercial entities to further enrich its industrial and technological know-how, whilst expanding its geographical remit in its markets. The companies that have joined and integrated into Paragon ID share an expertise aligned with our own strategic activities.
TRANSPORT & SMART CITIES
TRACK & TRACE
Apitrak, Tracktio and Uwinloc now trade under the banner of RFiD Discovery.
PAYMENT
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| Extra-Financial Performance Statement 2022/2023
OUR GOAL:
to grow our sales turnover and continuously improve profitability through the expansion of our strategic business activities.