Forward Technology is a world class manufacturer of standard and custom Plastic Welding Equipment and Testing Systems. In addition to our standard welding equipment, we offer custom systems that integrate automation and robotics to link our standard processes. We also offer leak and burst testing solutions to validate your weld processes.
XYZ Technologies is a company specializing in audiovisual and experiential design that offers a full range of technological and artistic solutions. Our integrated service offering leverages leading technological innovations to create truly one-of-a-kind experiences. Since 2004, our teams have had the privilege of collaborating with numerous organizations around the world.
We steer projects of varying size and scope, including large-scale endeavors that present the highest degree of technical complexity. Our experience covers international ground, with productions spanning from Canada and the United States to Mexico, the Caribbean, South America, Europe, Asia and the Middle East.
Our approach is based on close collaboration with our clients to bring their ideas to life by simplifying the use of technology.
The global smart card market has witnessed the sustainable growth during the past few years, in-line with the increasing applications of smart cards in different industrial sectors and rising awareness about its benefits.
The highest number of smart cards is used in the telecommunication sector in the form of SIM cards as the global penetration of mobile phones increasingly felt by people in the world. Applications of smart cards in the transportation, the public sector and financial services are also surging on the back of technical benefits, such as a high storage capacity, a faster processing speed and increasing security concerns.
Global shipments of smart cards are estimated to grow sustainably and significantly. Smart card projects have seen a remarkable increase at a rapid pace worldwide, signifying the flexibility and the robustness of the technology.
Furthermore, the strong demand for digital security is driving the demand for smart cards. It is projected that the global smart card market will post double digit growth (CAGR around 12%) during 2011-2013. In addition, liability associated with EMV (Europay, Master Card & VISA) standard is driving many banks to issue smart cards.
CIPTA is very favorably positioned to capture significant portions of this market growth.