The Biometric Fingerprint Door Lock

Paper Summary:

The paper discusses the increased need for security expressed by both private and public sectors. The paper relates that Sequiam Corporation has seized the new opportunities arising and has introduced the biometric fingerprint door lock. The paper presents an analysis of the American, Finnish and Australian markets to determine the potential success of this product. The paper shows how the U.S.A. and Australia remain a prolific outlet for security providers as terrorist attacks and property crime continue to be two major threats, while Finland does not appear to be a viable market.

Outline:
Introduction
Evaluating and Contrasting the American, Finnish, and Australian Markets

From the Paper:

"The new product that Sequiem has recently launched on the American market is a biometric fingerprint door lock which has been designed after a three-year research process which took into account all the significant features of the consumers' behavior. First of all, the product targeting the home security market has considered the difficulties that clients may find in turning from the traditional key systems to the new biometric ones. In order to ensure a smooth transition, the company has made a keyhole in the lock and has provided users with a key backup although it is aware that this will never be used."

Sample of Sources Used:

• Brown, C., (2000). Australians' attitude to security. On the Internet at: http://www.infolink.com.au/articles/A4/0C0026A4.aspx . Retrieved February 20, 2007.
• Best Export Markets for U.S. Security and Safety Equipment (2005). On the Internet at: http://www.buyusainfo.net/docs/x_4239321.pdf. Retrieved February 20, 2007
• Environmental Scan of the Security Industry (2006). On the Internet at: http://www.asial.com.au/default.asp?page=/media%20centre/research+and+articles/environmental+scan+of+the+security+industry . Retrieved February 20, 2007.
• Home Security Market Goes Hi-tech (2006). On the Internet at: svconline.com/resav/hitech_home_security_06192006. Retrieved February 20, 2007.
• Interview with Nick VandenBrekel, CEO, Sequiam Corp. (2007). On the Internet at: http://www.findbiometrics.com/Pages/feature_sequiam.htm. Retrieved February 20, 2007.

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