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	<title>VaultGroup &#8211; TWFLD</title>
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		<title>Meet the Mzansi start-up that&#8217;s changing the storage industry with high-tech</title>
		<link>https://twfld.com/meet-the-mzansi-start-up-thats-changing-the-storage-industry-with-high-tech/</link>
		
		<dc:creator><![CDATA[Thabiso Moloi]]></dc:creator>
		<pubDate>Fri, 30 Apr 2021 11:09:58 +0000</pubDate>
				<category><![CDATA[Business]]></category>
		<category><![CDATA[Technology]]></category>
		<category><![CDATA[CellVault]]></category>
		<category><![CDATA[Lance Baum]]></category>
		<category><![CDATA[PackVault]]></category>
		<category><![CDATA[VaultGroup]]></category>
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					<description><![CDATA[Exactly six years ago, two Jozi-based entrepreneurs opened a small business with a big vision of stopping mobile phone store robberies in their tracks. Their solution was to create a world-first (CellVault™) that combined stunning simplicity with a dash of [&#8230;]]]></description>
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<p>Exactly six years ago, two Jozi-based entrepreneurs opened a small business with a big vision of stopping mobile phone store robberies in their tracks. Their solution was to create a world-first (<a href="https://www.vaultgroup.co.za/solutions/ultra-secure-solutions/cellvault/">CellVault<img src="https://s.w.org/images/core/emoji/17.0.2/72x72/2122.png" alt="™" class="wp-smiley" style="height: 1em; max-height: 1em;" /></a>) that combined stunning simplicity with a dash of technology: secure lockers with a built-in time-delay that would deter robbers who don’t have time to wait around.</p>



<p>Today, <a href="https://www.vaultgroup.co.za/">VaultGroup<img src="https://s.w.org/images/core/emoji/17.0.2/72x72/2122.png" alt="™" class="wp-smiley" style="height: 1em; max-height: 1em;" /></a> has grown into a 40+ person business that is changing the face of the local storage security industry by providing high-tech solutions to the local market, offering custom-built secure storage to customers in two specific verticals.</p>



<p>CellVault is an ultra-secure time lock mechanism designed primarily for high-value, low-volume assets, and PackVault<img src="https://s.w.org/images/core/emoji/17.0.2/72x72/2122.png" alt="™" class="wp-smiley" style="height: 1em; max-height: 1em;" /> is a convenience product offering solutions for the so-called BOPIS (Buy Online &amp; Pick up In-Store) market, click ‘n collect and residential complexes. The technology underpinning both solutions is developed in-house, and features custom-designed hardware and software, purpose-built to address customer needs, says VaultGroup COO Lance Baum.</p>



<p>CellVault can be found in more than 1 500 high end stores, and has prevented or minimised loss in its clients’ stores more than 600 times to date. <em>“The system walks the fine line between ease of use and inconvenience, thereby allowing store operation to function as normal while being enough of a hindrance to deter thieves,”</em> says Baum.</p>



<p>From a hardware perspective, a huge focus is placed on extensibility and simplicity. Each unit features a basic numeric keypad and a simple four-line screen. </p>



<p><em>“As with CellVault, the PackVault solution involves no keys. The PackVault platform offers the same hardware scalability and enterprise solution but features user-friendly customer interfaces, each purpose-built for the environment it is placed in. A combination of barcodes and touchscreen input allows for lockers to be reserved, allocated, freed, or cancelled, as per customer requirements,”</em> says Baum.</p>



<p><em>“How do banks get new debit and credit cards to their customers without forcing them to come into a branch? How do couriers ensure valuable deliveries end up in the right hands, without the headache of wrong addresses and multiple delivery attempts? How do jewellers operate in a world where armed gangs break display cases and flee with their loot? These are the pain points facing South African businesses today – and we’re helping them solve their problems, using fully home-grown technology,”</em> says Baum.</p>
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