In the correctional field, it is essential for the companies to continually focus on innovation and developing cutting-edge technologies these days. The competition in the penitentiary area has been growing at a massive pace, and one of the companies that have been leading this race is Securus Technologies. The company has spent over $600 million in the last few years for research and development and also to acquire patents. It would help the company to dominate the corrections space and develop new technologies that would help the inmates as well as the law enforcement agencies. The primary aim of the company is to ensure that it can contribute generously and consistently to modernize the corrections space.
Securus Technologies has also been focusing on acquiring developing companies in the correctional sphere to expand its business operations further. It would help the company to consolidate its position and would also ensure that it can add new products and services to its portfolio. In its attempt to do so, the company recently acquired GovPayNet, which is a leading payment processing services for the associated government payments. With the help of GovPayNet, the inmates and their families can pay the government dues for various departments directly from their phone. It is a very convenient option to make payment to the government, and the company has been growing steadily in the last few years.
With the acquisition of GovPayNet, Securus Technologies has gained a commanding position in the payment processing sector. It recently also acquired Jpay Inc, which is another money transfer service provider in the corrections space. With so many strategic acquisitions made by Securus Technologies, the company has sure gained an edge over its competitors and has also added a considerably sized revenue as well as customer base to its existing base.
An Innovating Team Of Securus Thinkers, Technologists And Engineers
The Securus Technologies agency didn’t achieve its market by only producing.
There’s a great deal of thinking required to sustain an agency as big as this one. Part of the daily grind accomplished by Securus Technologies is in thinking of a new world and what safety will mean to it.
There was a time when manpower was enough.
The presence of electrical technology in the world creates a completely different environment and concept to security. The innovation of Securus Technologies works against the advancement of criminals in the private sector. The private sector it operates in gives it 2,600 active contracts with the U.S. government.
Securus has a team of engineers solely for the purchase of innovation.
Keeping up with the trends of criminals eventually requires that you also develop new solutions. Security solutions offer agencies like Securus Technologies the foundation to build a lucrative business with.
The solutions the firm has comes from ideas.
Engineers are trained in a way where they conceptualize problems before they occur. They can also identify the nature of a problem that Securus Technologies is likely to face as it improves its product and service. The engineers can then present a basic design or model for the technology solutions an agency needs.
Technologists help the engineers of Securus to decide whether or not ideas can be transferred over to the technology society has access to. These technologists are aware of the trending methods, resources and uses of technology. They are adept at automation and understanding why computers work.
Just like Securus Technologies’ group of engineers, technologists can also work live to provide answers for problems that arise in the moment. They can offer live data to where it’s needed most and ultimately keep the Securus Technologies group in the right mindset regarding the limitations of their resources.