Monday, 11 November 2024

From Lock Evolution to Smart-Locking Revolution


Since its inception over twenty years ago, iLOQ has been shaking up the traditional locking industry. 

First with its digital-key-based solutions, then with its keyless, smartphone-based solutions, but always with its battery-free mindset. Now, it has taken another giant leap forward in access management by adopting its revolutionary new software.

With the expansion of the Internet of Things, more and more physical products can now be connected to the Internet. This provides vast amounts of data that will help to create not only added value for customer segments but also a better and faster experience for end users. 

It’s no surprise, therefore, that companies are looking to move from being purely hardware providers to creating software and analytics-driven solutions.

Better, smarter, more tailored

Think about the evolution in the car industry. Today’s onboard computers give manufacturers a wealth of information on location, performance, and even the car’s passengers. This has helped them design better, smarter, and more tailored modes of transport.

What kind of impact can this have on the locking industry? iLOQ has traditionally been a B2B company. Its initial focus was on helping building owners increase the value of their properties by maximising security and minimising lifecycle costs. 

iLOQ also considers the people who manage the locking systems—making their lives easier by offering easy-to-use software that helps them quickly and efficiently program, update, and even cancel numerous access rights with the click of a few buttons. 

Going forward, iLOQ will consider itself to be more of a B2B2C company. It wants to enhance the experience of the people who use its products. Of course, they have always been on the radar, and iLOQ has made it easy for them to move around all their access points using just their smartphone as a key. Now, it is taking the user experience to the next level.

A new ecosystem

iLOQ will continue to provide access, albeit with solutions that go way beyond the traditional lock and key. What is changing is that it will offer a new ‘ecosystem’ that brings so much more.

The revolutionary business model comes from providing a B2B solution that can be commanded, used, and managed by the consumer. By working hard to understand their environments and tasks and identify their needs, iLOQ has adopted a user-centric design to fulfil their requirements and promote mutually beneficial products, services, and solutions.

With its own hardware (for example, locks and padlocks), phone keys, apps, Online readers, administration solutions and portals, iLOQ has mastered the whole portfolio and end-to-end opening process. 

iLOQ is also enabling value-adding integrations and co-creating its new offering with ecosystem partners. This is an exciting era for iLOQ and a step change for its customers and partners.

About iLOQ

iLOQ is a technology disruptor that has revolutionised the locking industry by replacing mechanical locking to make life limitless. Battery- and cable-free smart locks maximize security, minimize lifecycle costs and enhance the value and sustainability of properties and infrastructures. iLOQ operates in more than 55 countries with over 1,800 partner locations globally. In 2023, iLOQ had a turnover of €141,3 million and more than 320 employees. 

www.iLOQ.com



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