Accelerate to modern access control with Wavelynx

Why it is smart to start investing in the stock market?

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Should I be a trader to invest in the stock market?

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What app should I use to invest in the stock market?

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Is it risky to invest in the stock market? If so, how much?

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Tell us if you are already investing in the stock market

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Last week marked a significant milestone in the access control industry as we introduced a groundbreaking business model: Accelerate by Wavelynx. This program solves many of the challenges associated with transitioning to modern access control systems, offering a seamless and cost-effective path to enhanced security.

Addressing the Cost Barrier

One of the biggest hurdles in transitioning to a modern access control system has been the cost. Whether it’s the hardware, labor, or software, the expenses can quickly add up. At Wavelynx, we’ve devoted considerable time to studying these issues and developing a solution to mitigate them. We recognize that customers often feel stuck with legacy technology—be it outdated card readers or credentialing systems that are not secure and are easy to duplicate.

Traditional systems have served their purpose, but as security threats evolve, the need for advanced, robust systems becomes evident. The cost of upgrading can be daunting for businesses, especially when considering the extensive infrastructure that must often be replaced or updated. This includes the expense of new hardware, the labor involved in installation, and the integration of new software systems. These costs can be prohibitive, particularly for small to medium-sized businesses.

Bridging the Security Gap

Current credentialing methods in access control notoriously lack a high level of security. It's relatively simple to replicate or copy credentials, which poses a significant risk to businesses. Yet, many customers lack the means to rapidly upgrade their legacy systems to more secure solutions. That’s where Wavelynx comes in.

The security gap in the access control industry has been a persistent issue. Older credentialing methods, such as magnetic stripe cards or low-frequency proximity cards, are easily cloned. This vulnerability puts businesses at risk of unauthorized access, data breaches, and other security incidents. While newer, more secure technologies exist, the transition to these systems has been slow due to cost and logistical challenges.

Introducing a New Model: Free Readers for Modern Credentialing

We are excited to announce our new model that allows end users to adopt modern, secure access control methods seamlessly. By offering free readers, Wavelynx provides a straightforward path to transition to a modern, secure wallet credential system. For every free reader, we ask customers to commit to 20 wallet credentials. This is a significant decrease from the industry standard, which typically requires 40 credentials per reader.

This innovative approach significantly lowers the barrier to entry for businesses looking to upgrade their access control systems. By providing free readers, we eliminate one of the most substantial upfront costs associated with modernizing access control infrastructure. The commitment to 20 wallet credentials per reader is a manageable requirement for most organizations, making the transition not only feasible but also attractive.

Significant Cost Savings

Our model is designed not just to improve security and ease of use, but also to deliver substantial financial benefits. Customers can expect to save about 50% in the first year alone, with continued financial advantages in the following five to seven years.

These cost savings are realized through several avenues. Firstly, the elimination of the initial hardware cost significantly reduces capital expenditure. Additionally, the maintenance and operational costs of modern, digital credentialing systems are generally lower than those of legacy systems. Over time, these savings add up, providing a compelling financial incentive to make the switch.

Pioneering Change in the Industry

At Wavelynx, we are committed to being part of the solution to move our industry to a more secure future. We are challenging the industry's status quo by investing in our customers and their security. Our vision is an interoperable ecosystem where secure credentials can operate seamlessly with various access points—be it a reader, a third-party lock, an elevator access reader, or even a printer reader.

The access control industry has been slow to innovate, often relying on outdated technologies and business models. At Wavelynx, we believe it’s time for a change. Our approach is not just about selling products; it's about creating a secure, interoperable ecosystem that benefits everyone. By offering free readers and reducing credential requirements, we are setting a new standard for what customers should expect from their access control solutions.

Moving Forward

Wavelynx is dedicated to delivering an interoperable solution through our Wallet Solution. By enabling free readers for 20 credentials, we significantly reduce the capital expenditure associated with transitioning to modern access control technology. This initiative is part of our broader commitment to driving innovation and enhancing security across the industry.

We invite you to join us in this transformation. Let's move beyond the old ways and embrace a future where access control is secure, cost-effective, and interoperable. Welcome to Accelerate by Wavelynx.

To learn more about how you can participate in this new model, visit wavelynx.com/accelerate. Join us in pioneering the future of access control and ensuring that security is not just a priority, but a standard. With Wavelynx, the future of access control is here, and it's more accessible than ever.