iLOQ introduces its latest digital services and software solutions at Canada’s most important security show.
Taking place from 23–24 October 2024, Security Canada Central is the largest industry event in the country, with almost 3,000 security professionals attending every year.
Set in Toronto, this national show provides technology disruptor, iLOQ, with the ideal environment to showcase its smart-access platform that solves security challenges smartly, sustainably and cost effectively. The differentiating factor with iLOQ’s innovative smart-locking solutions is that they are entirely battery-free and keyless. The power to recognize access rights and open locks comes from an NFC-enabled mobile phone running iLOQ’s app.
iLOQ’s patented technology has transformed mechanical locking into highly functional and secure digital access management. Its battery-free solutions provide benefits for building owners, property managers and end users alike by maximizing security, minimizing maintenance, administration and lifecycle costs, and creating smart living and working environments.
“Security Canada Central is the biggest, most important security show in Canada. Thousands of security professionals come to see the latest technology innovations and take part in the conversations defining today’s industry. Last year, we launched our dedicated product portfolio for the North American market. This year, we are introducing our smart-access platform – a range of digital services and software solutions that are pushing the boundaries of access management even further. We look forward to seeing you and encouraging you to join, what we like to call, the ‘smart-locking revolution,” states Kashif Aziz, Country Manager, iLOQ Canada.
Kashif Aziz will be discussing the world’s first NFC-powered, battery-free smart locks in the Education Session in Pinset 3 at 11 am on 23 October.
You can visit iLOQ at Security Canada on Booth # 823 and register for your complimentary ticket to the show using this link.
For more information in the meantime, please contact:
Kashif Aziz, Country Manager, iLOQ Canada
tel: +19056301478
e-mail: xnfuvs.nmvm@vybd.pbz
About iLOQ
iLOQ is a technology disruptor that has revolutionized 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
iLOQ’s battery-free, keyless and wireless smart-locking solutions that prioritize security and the user experience while minimizing lifecycle costs will be on show at ISC East.
The International Security Conference & Exposition – also known as ISC East – is the leading event for the security and public safety industry in the Northeast of the United States. Taking place from 20–21 November 2024 in the Exhibit Hall at the Javits Center in NYC, it brings together a wide range of security stakeholders to network, learn about and evaluate the latest technologies and solutions from premier exhibiting brands.
For more than 20 years, technology disruptor iLOQ has been innovating its battery-free, keyless and wireless locking solutions where a cellphone is the only key and power source needed to get reliable access when and where it is required.
From multifamily properties to critical infrastructure sites, iLOQ’s solutions:
- Slash costs by eliminating the need to purchase batteries and the maintenance time and costs to change them
- Eliminate security risks associated with lost or stolen physical keys
- Ensure reliable access as no WiFi or external power source is needed
The benefits of iLOQ’s solutions are equally recognized by site owners, locking system administrators, members of staff, technicians in the field, property owners and tenants.
To prove the durability and reliability of its products, iLOQ sent one of its padlocks into the stratosphere. Watch the video here:
https://www.youtube.com/watch?v=TfZGoLiEEwk
“Following on from the success of ISC West earlier this year, we are looking forward to blowing the minds of security professionals on the East coast with our unique battery-free, wireless and keyless smart-locking solutions. Prepare to be amazed!” states Joni Lampinen, General Manager, iLOQ USA.
You’ll find iLOQ on Booth number #357 in the Exhibit Hall at the Javits Center in NYC.
For more information
Joni Lampinen, General Manager, iLOQ USA
Tel: +1 914 774 3919
Email: wbav.ynzcvara@vybd.pbz
About iLOQ iLOQ is a technology disruptor that has revolutionized 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
Author: Kashif Aziz, Country Manager, iLOQ Canada
As universities increasingly move away from traditional physical keycards, fobs, and keys, they are modernizing their student identity programs by adopting mobile credentials. This shift is driven by several key factors:
- Lack of audit trails with mechanical key systems: Traditional key systems offer no audit trail and cannot be integrated into modern security systems, making it difficult to track and manage access.
- Security risks from access sharing: Physical keys, keycards, and fobs are easily shared, which can create significant security vulnerabilities on campus.
- High maintenance costs: Mechanical key systems are expensive to maintain, particularly when cylinders need to be replaced at the end of each school year as students move in and out of residences.
- Difficulty in tracking hard credentials: Managing physical credentials is challenging, and errors in revoking access can lead to safety and theft risks.
- Heightened focus on student safety: Campuses are more focused than ever on ensuring the physical safety of their students, driving the need for more secure access control solutions.
iLOQ’s advantage in universities and student housing
iLOQ has achieved significant success in this sector due to several innovative solutions:
- Convenient mobile credentials: With iLOQ, students can use a single mobile device (their cellphone) as their access control key, providing them with seamless access to dorms, classrooms, laboratories, gyms, and cafeterias. At the same time, security teams benefit from audit trails that enhance campus safety.
- Cost-effective digitalization: Retrofitting existing student housing or university buildings with digital locks is often prohibitively expensive due to the need for door replacements, which can compromise fire ratings. iLOQ cylinders, however, are door hardware agnostic and can be easily retrofitted into existing doors without compromising their fire safety standards.
- Network independence: iLOQ cylinders do not require communication with any wireless network devices other than a cellphone. The iLOQ S50 credential serves as the network gateway, simplifying the system and enhancing reliability.
- Battery-free operation: Unlike most smart locks that require frequent battery replacements, iLOQ’s battery-free cylinders are maintenance-free and environmentally sustainable, making them ideal for both indoor and outdoor use.
- Seamless access control management: With iLOQ’s integrated mobile credential system, access can be granted or revoked without any physical changes to the locks, streamlining security management and reducing operational costs.
References in the university and student housing segment
iLOQ’s new distribution center in Dallas supports the company’s strategic growth plan.
Located in Dallas, Texas, the new partner operated facility is the first distribution center for iLOQ in North America. It will enable the company to better manage deliveries to meet the demand of its customers throughout the USA and Canada.
As well as supporting iLOQ’s strategic growth plan in North America, the new distribution center will also release capacity from other locations allowing them to better serve additional growth of other markets.
The implementation of dedicated supply chain solutions to Dallas, it will reduce delivery and customer service times for the North American market, same time gives possibility to reduce costs and supply chain environmental impacts.
New distribution center will start operation in Q4 2024.
For more information
Veli-Pekka Autio, North American Operations, iryv-crxxn.nhgvb@vybd.pbz
About iLOQ
iLOQ is a technology disruptor that has revolutionized 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
iLOQ, pioneer in smart-locking solutions, is joining forces with Carson, a multifamily platform vendor to bring smart and sustainable living opportunities to major cities across the US.
In a bid to fulfill multifamily housing residents’ requirements for more tailored living experiences, Carson’s comprehensive management platform and app will be combined with iLOQ’s battery- and cable-free and keyless smart-locking solution.
iLOQ’s open API and SDK allow building integrations that streamline business operations by eliminating bottlenecks and the need to use several applications simultaneously. They also help to provide better customer experiences and reduce costs.
“Residents are demanding more than just a secure place to live; they are demanding a more personalized living experience. The integration of our cellphone-based access-management solution with Carson’s app will help to simplify processes, reduce administration, and enhance user experiences,” comments Robert Mancuso, Vice President Sales, iLOQ USA.
“Being battery-free and wireless, iLOQ’s solution eliminates maintenance making it the sustainable and green choice and creates an improved ROI for building owners, managers and developers. Another major benefit is that it is a ‘plug-and-play’ solution. Mechanical or battery-powered cylinders can be quickly and easily retrofitted in just a few seconds with no other tools than a basic screwdriver and no changes needed to the door or existing infrastructure,” concludes Joni Lampinen, General Manager, iLOQ USA.
“Our state-of-the-art app, used daily by residents, will now be seamlessly integrated with iLOQ’s ground-breaking battery-free smart-locking solution. This will allow us to enhance security levels in our portfolio of multifamily residential properties while offering the best of the best living experience for our residents,” states Rod Levi-Kluska, VP of Business Development and Sales, Carson.
About Carson
Carson is a leader in the multifamily industry providing cutting edge, user friendly software (mobile and web apps) that streamlines buildings operations by integrating property management software, building hardware such as access control, intercoms, smart locks (and more) and a 24/7 live remote doorman team. Carson provides a new and efficient way for residents and staff to interact while enjoying an ecosystem of services all in one app.https://www.carson.live/
About iLOQ
iLOQ is a technology disruptor that has revolutionized 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
iLOQ, pioneer in smart-locking solutions, has entered into a strategic partnership with Mosino One, a resident engagement and management platform vendor in North America.
iLOQ and Mosino One realize that there is a strong demand for sustainable and digitally manageable locking systems. Through the partnership, Mosino’s One’s comprehensive management platform can now be combined with iLOQ’s battery- and cable-free and keyless access management solution.
“Our state-of-the-art platform combines digital concierge and smart home tech into one solution. By integrating our platform with iLOQ’s ground-breaking battery-free smart-locking solution, we are looking forward to enhancing security levels in our portfolio of multifamily residential properties while simplifying and improving the experience of residents, managers staff and visitors,” states Imran Iqbal, Co-Founder, Mosino One.
iLOQ’s open API and SDK allow building integrations that streamline business operations by eliminating bottlenecks and the need to use several applications simultaneously. They also help to provide better customer experiences and reduce costs.
“As organizations increasingly adopt cloud-based services, integrations are more and more coming to the forefront. We are looking forward to exploring all the ways that integration of our cellphone-based access management solution with Mosino One’s platform will help to simplify processes, reduce administration, and enhance user experiences,” concludes Kashif Aziz, Country Manager, iLOQ Canada.
There is already one concrete example of a successful integration: Mosino One’s client, Velo Transit, manufactures bicycle storage lockers. The integration between Mosino One and iLOQ has created a customized access management platform that enables a convenient way for users to book access to and receive a digital key for their individual pod.
About Mosino One
Mosino One is an all-in-one platform that offers a unique blend of easy-to-use digital concierge services, smart home technology and intelligent automation serving various markets such as hospitality, healthcare, retirement homes, multi-family residential as well as condominium buildings. Our vision is to allow tenants, guests and patients to feel secure and benefit from modern amenities through intuitive interactions with building staff and services. www.mosinoone.com
About iLOQ
iLOQ is a technology disruptor that has revolutionized 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
Everest Infrastructure Partners and iLOQ have signed an agreement to roll out battery-free smart locks at telecom towers throughout the U.S.
iLOQ’s solution features the first industrial, battery-free smart-lock solution. iLOQ’s lock acquires operating energy from the NFC field generated by a smart device to provide access. This innovation removes physical keys, batteries, and excess wiring from the solution, and ensures maximum security while assuming zero maintenance and minimizing ongoing costs.
Everest Infrastructure Partners owns and markets thousands of wireless infrastructure locations that help connect today’s rapidly evolving communications networks.
“In partnership with iLOQ, Everest identified an operational solution to better protect our assets, obtain superior access intelligence at our sites, and provide enhanced ease of site access to our customers. We are delighted to partner with iLOQ to become the first US tower owner using battery-free smart locks. With our rapidly expanding portfolio, it is essential to deliver our customers the highest quality of service and protection,” states Matt Newton, CEO of Everest Infrastructure Partners.
“We have already deployed our ground-breaking, battery-free locking systems in Europe, Asia, Africa, and Latin America. Thanks to this partnership with Everest, we are honored to also be entering the US market,” concludes Joni Lampinen, General Manager, iLOQ USA.
More information
Michael Armour, Senior Project Manager, Operations, Everest Infrastructure Partners
Tel: (412) 708-7000
Email: Zvpunry.Nezbhe@RirerfgVasenfgehpgher.pbz
Joni Lampinen, General Manager, iLOQ USA
Tel: +1 914 774 3919
Email: wbav.ynzcvara@vybd.pbz
About iLOQ
iLOQ has become a technology leader in the security industry by replacing outdated mechanical locking devices to revolutionize site security. 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
About Everest Infrastructure Partners
Wireless connectivity is rapidly changing the world. Utilizing a data-driven approach, Everest has developed one of the largest and most efficient aggregation platforms focused exclusively on Wireless Infrastructure assets. We are a creative and entrepreneurial team, with a culture of high performance, agility, and commitment. Our Vision is to become the global partner of choice for wireless infrastructure assets. To achieve this vision, we embrace technology evolution to deliver exceptional value to our network provider customers, their wireless communications users, and all participants in the growth of mobile infrastructure networks. Owning or marketing more than 2,500 communications tower sites in the United States, Australia, New Zealand, and Portugal, Everest has raised capital commitments of more than $1.5 billion since its inception in 2015, making it one of the wireless industry’s fastest growing and largest private tower companies. www.everestinfrastructure.com
In a recent news article, iLOQ Sales Manager, Mason Reiff, outlined the huge costs associated with mechanical-key-based locking systems. He showed how adopting an electronic smart-locking solution, and particularly one that is battery-free, addresses the financial concerns of property managers by offering a fast return on investment (ROI) and low total cost of ownership (TCO).
To provide a clearer picture of the TCO for a mechanical-key-based locking systems, Mason’s article described a calculator that focuses on three main cost components:
- Key replacement and lock rekeying costs
- Operational costs
- The impact of security breaches
Calculating the TCO is a great way to quantify the challenges facing property managers and it gives them the information they need to manage costs effectively and make strategic decisions. But, particularly in the US market, there is another calculation that is equally important. This is the net operating income (NOI).
NOI is a before-tax figure, appearing on a property’s income and cash flow statement, that excludes principal and interest payments on loans, capital expenditures, depreciation, and amortization. When this metric is used in other industries, it is referred to as ‘EBIT’ (earnings before interest and taxes).
Is it worth the expense?
By calculating all revenue from the property, minus all the reasonably necessary operating expenses, the NOI indicates to a property owner if renting a property is worth the expense of owning and maintaining it.
For example, in addition to rental income, a property might generate revenue from amenities such as parking facilities, storage spaces or laundry services. Add those up and then subtract the operating expenses for the property, such as property management fees, taxes, repairs and maintenance and insurance, and you are left with the NOI. High revenues and low expenditure equal an increased NOI meaning a more profitable property.
NOI can be increased by raising rents and other fees, while simultaneously decreasing reasonably necessary operating expenses. As Mason’s article concluded, forward-thinking property managers recognize that adopting smart-locking technology, such as iLOQ, is a strategic move towards enhancing property security and operational efficiency while contributing to environmental sustainability and elevating the user experience.
Make your property a desirable place to live
The enhanced security, sustainability and operational efficiency and elevated user experience offered by iLOQ’s keyless smartphone-based solution all add up to making a property a desirable place to live. Occupancy rates increase and tenants are more readily willing to accept paying higher rents. And, by being battery-free, eliminating the need for key replacement and lock rekeying costs, and reducing operational costs and the impact of security breaches, iLOQ’s technology provides massive cost savings for asset owners and operators. This unlocks large property value for owners and is reflected in the enhanced NOI.
iLOQ is not just a company that provides secure access to the buildings and spaces we use daily. We offer a robust portfolio of digital services and software solutions that make life smarter, easier, and even more secure and sustainable. Installing iLOQ’s battery-free technology is a small step for your property managers – our cylinders can be retrofitted to standard doors in a matter of seconds with no drilling or changes to the existing infrastructure – but they are a giant leap toward enhancing the profitability of your property.
We will be showcasing our range of battery-free and keyless smart-locking solutions that help you enhance your NOI on stand number 23075 at the ISC West fair in Las Vegas in April. But, for more information in the meantime, please contact:
Joni Lampinen, General Manager, iLOQ USA
wbav.ynzcvara@vybd.pbz
Tel: +1 914 774 3919 / +358 40 3170 262
About iLOQ
iLOQ is a technology disruptor that has revolutionized 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
Author: Mason Reiff, Sales Manager Mid West, iLOQ USA
Property management is an ever-evolving field, requiring constant innovation to meet the demands of security, efficiency, and cost-effectiveness. Traditional mechanical key systems, once the backbone of property access control, are increasingly becoming a source of financial and operational burden for property managers. This article explores the hidden costs associated with mechanical key systems and introduces a forward-looking perspective on the adoption of electronic access as superior alternatives, addressing both the financial and environmental concerns of traditional and battery-powered and battery-free smart lock systems.
The hidden costs of mechanical key systems
Operational expenses
Managing a property involves myriad responsibilities, with access control being paramount. Mechanical key systems incur significant operational costs, including key distribution, collection, and management. For properties spread across wide areas, the travel costs for key handovers can quickly add up, negatively impacting the bottom line.
Security risks
The security risks associated with mechanical keys – such as lost, stolen, or unreturned keys, and unauthorized key duplication – pose not only a threat to property security but also incur substantial financial costs for lock rekeying or replacement.
Maintenance and replacement
Regular maintenance tasks, such as rekeying lock cylinders and copying keys, represent direct costs and divert resources from other critical property management activities, further exacerbating the challenges faced by property managers.
Calculating the costs: A proposed framework
To quantify these challenges, a calculator focusing on three main cost components can be developed:
- Key replacement and lock rekeying costs
- Operational costs
- Impact of security breaches
This calculator would allow property managers to input specific operational variables and obtain a tailored estimate of the costs involved, providing a clearer picture of the total cost of ownership (TCO) for mechanical key systems.
Key replacement and lock rekeying costs
The formula to estimate these costs involves calculating the annual expense of replacing lost or stolen keys and rekeying locks, considering the number of keys lost or stolen and the number of locks rekeyed per year, alongside the cost per key replacement and rekeying operation.
Annual key replacement and rekeying costs = (Nk × Ck) + (Nr × Cr) where:
- Nk = Number of keys lost per year
- Ck = Cost per key replacement
- Nr = Number of locks rekeyed per year
- Cr = Cost per rekeying operation
Operational costs
Operational costs are calculated by considering the total hours spent on key management activities per month, the cost per labor hour, and the annual travel costs associated with key management.
Annual operational costs = (Tm × Hm × Cl) + (Ct) where:
- Tm = Total hours spent on key management activities per month
- Hm = Number of months in the operational year (typically 12)
- Cl = Cost per labor hour (including benefits and overheads)
- Ct = Annual travel costs associated with key management (fuel, vehicle maintenance, etc.)
Security breach impacts
The potential costs of security breaches are estimated by considering both the immediate and indirect costs per breach, including lock replacements, security assessments, downtime, reputation damage, and increased insurance premiums.
Annual security breach costs = (Nb × Ci) + (Nb × Cd) where:
- Nb = Number of security breaches per year
- Ci = Immediate costs per breach (lock replacements, security assessments, etc.)
- Cd = Indirect costs per breach (downtime, reputation damage, increased insurance premiums)
Comprehensive calculation
To get a comprehensive overview, we calculate these costs:
Total Annual Cost = Annual Key Replacement and Rekeying Costs + Annual Operational Costs + Annual Security Breach Costs
This formula provides property managers with a clearer understanding of the financial impact of the current mechanical key system. It aids in decision-making regarding the investment in more advanced key management solutions, such as smart-locking systems, by comparing these costs to the potential savings and security improvements offered by new technologies.
Implementation
To implement this calculator, property managers would input their specific operational data into a simple interface, which could be created as an online tool or spreadsheet. By adjusting the variables, managers can see how changes in their operations – such as improving key management practices or reducing the number of keys lost – affect overall costs. This personalized analysis empowers property managers to make informed decisions about upgrades and investments in their access control systems.
Looking towards the future: Smart-locking solutions
The transition from traditional mechanical locking systems to more advanced electronic solutions marks a significant shift in property access control. Despite their reliability, mechanical systems come with notable security limitations, inconvenience, and costs. These revelations have paved the way for the adoption of electronic alternatives.
In Europe, electro-mechanical systems – combining a fob with a metal key rod for electronic identity verification and physical access via a key cylinder – have set a precedent for efficient property management. Despite their advantages, such as scalability and ease of management, this innovation has not gained traction in the United States.
Here, the preference for leveling up from mechanical keys leans towards upgrades to high-security SFIC core options, which are easier to rekey and master, and electronic key-tracking systems which provide better accountability. These options, albeit offering some improvements, still involve costs related to copying and rekeying, without substantially enhancing functionality or user experience.
Hardwired electronic access systems, established in the 1980s, offer extensive features and flexibility but at a significant cost and infrastructure requirement, making them impractical for widespread adoption to every door. These systems often coexist with mechanical keys, even on the same doors, potentially leading to inefficiency.
The latest trend in wireless locking solutions, particularly smart locks, addresses many of these challenges but faces limitations due to battery dependency, affecting their reliability and maintenance. Typically limited to indoor use and low-traffic doors, their applicability remains restricted.
Addressing these constraints, innovations like those from iLOQ have emerged, merging the efficient, reliable, electro-mechanical cylinder format approach with smart-locking features, all while eliminating the need for batteries. Utilizing NFC technology, these smart locks authenticate and power access via a smartphone and unlock with a quick turn of the knob, offering a seamless blend of security, convenience, and low operational burden. While this specific battery-free innovation is patented, the industry must move towards high efficiency solutions for a sustainable electronic access future.
Advantages of smart-locking systems
- Real-time access rights management: Immediate updates and issuance of access rights enhance security and flexibility.
- Enhanced security and audit trails: Prevents key duplication and provides real-time monitoring of access.
- Operational efficiency: Facilitates the delegation of access control remotely, reducing the need for physical key handling.
- Elevated living experience: Happy residents lead to higher occupancy rates and longer tenancies. Smart locks offer convenient features that enhance the living experience, making your property an attractive choice for modern renters.
- Environmental benefits: Contributes to sustainability by reducing travel requirements for key management.
- Battery-free operation (iLOQ): Eliminates the need for battery replacements, reducing operating costs and environmental impact.
Conclusion
The shift towards smart-locking solutions represents a significant advancement in access control technology for property management. Offering a fast return on investment (ROI) and low total cost of ownership (TCO), smart-locking systems not only address the immediate challenges of key management but also present a more secure, efficient, and environmentally friendly solution. For forward-thinking property managers, adopting smart-locking technology is a strategic move towards enhancing property security and operational efficiency while contributing to environmental sustainability and elevating the user experience.
As the company moves into its next decade of innovation, 2024 is the year when iLOQ takes another giant leap forward in access management by launching its revolutionary new software.
Last year, iLOQ celebrated its 20th anniversary. Since its inception, iLOQ has been shaking up the traditional locking industry. First with its digital-key-based solutions and then with its keyless, cellphone-based solutions. And always with its battery-free mindset. What does the future hold for the company that confidently states that it is leading the smart-locking revolution?
With the expansion of the Internet of Things, more and more physical products can now be connected to the internet. This gives vast amounts of data that will help to not only create 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 themselves. This has helped them to 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 maximizing security and minimizing lifecycle costs. It also considered 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 forwards, iLOQ considers itself as more of a B2B2C company. It wants to enhance the user experience of the people that actually use its products. Of course, they have always been on the radar. iLOQ has made it easy for them to move around all their access points using just their cellphone as a key. Now, iLOQ is taking the user experience to the next level.
A new ecosystem
The iLOQ of the future 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 offers so much more.
The revolutionary business model comes from providing a B2B solution which can be commanded, used, and managed by the consumer. By working hard to understand their environments and tasks, and identifying their needs, iLOQ has adopted user-centric design to fulfill their requirements and promote mutually beneficial products, services, and solutions.
With its own hardware (for example, lock cylinders and padlocks), mobile keys, apps, Online readers, administration solutions and portals, iLOQ has mastered the whole portfolio and end-to-end opening process. It also enables value-adding integrations and co-creates its new offering with ecosystem partners.
It’s going to be an exciting era for iLOQ and a step change for their customers and partners. And it all starts at ISC West in Las Vegas in April.
You can visit iLOQ at the ISC West fair on stand number 23075. But, for more information in the meantime, please contact:
Joni Lampinen, General Manager, iLOQ USA
wbav.ynzcvara@vybd.pbz
Tel: +1 914 774 3919 / +358 40 3170 262
About iLOQ
iLOQ is a technology disruptor that has revolutionized 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 30 countries with over 1,600 partner locations globally. In 2022, iLOQ had a turnover of €132.9 million and more than 300 employees. www.iloq.com
iLOQ will be bringing its latest smart-locking software to ISC West 2024 (the International Security Conference & Exposition) which is taking place at the Venetian Expo in Las Vegas from 9–12 April.
ISC West, the leading comprehensive and converged security trade event in the U.S., is the ideal venue for iLOQ to highlight its existing battery-free smart locks and keyless cellphone-based solutions and to introduce new innovations to the market.
You can visit iLOQ at the ISC West fair on stand number 23075. But, for more information in the meantime, please contact:
Joni Lampinen, General Manager, iLOQ USA
wbav.ynzcvara@vybd.pbz
iLOQ brings even more battery-free smart-locking innovations to ISC West 2024.
Technology disruptor, iLOQ, will be bringing its latest smart-locking software to ISC West 2024 (the International Security Conference & Exposition) which is taking place at the Venetian Expo in Las Vegas from 9–12 April.
ISC West, the leading comprehensive and converged security trade event in the U.S., is the ideal venue for iLOQ to highlight its existing battery-free smart locks and keyless cellphone-based solutions and to introduce new innovations to the market.
With its patented and sustainable technology, iLOQ has transformed mechanical locking into highly functional and secure digital access management. Its battery-free solutions provide benefits for building owners, property managers and end users alike by maximizing security, minimizing maintenance, administration and lifecycle costs, and creating smart living and working environments.
“We are looking forward to getting the most out of ISC West, as we are using it as a platform to cement our position in the US security landscape and continue changing market behavior with our disruptive battery-free products. We are no longer the new kids on the block, and we have even more exciting software news which will optimize security and sustainability for multifamily properties, critical infrastructure sites and logistics providers,” states Joni Lampinen, General Manager, iLOQ USA.
You can visit iLOQ at the ISC West fair on stand number 23075. But, for more information in the meantime, please contact:
Joni Lampinen, General Manager, iLOQ USA
wbav.ynzcvara@vybd.pbz
About iLOQ
iLOQ is a technology disruptor that has revolutionized 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 30 countries with over 1,600 partner locations globally. In 2022, iLOQ had a turnover of €132.9 million and more than 300 employees. www.iloq.com