Country for PR: Hong Kong
Contributor: PR Newswire Asia (Hong Kong)
Thursday, September 17 2020 - 10:40
ASSA ABLOY is set to lead smart residential solutions in APAC
HONG KONG,Sept.16,2020/PRNewswire-AsiaNet/--

A strategic innovation roadmap ensures ASSA ABLOY Group has the foresight, 
resources, and technology to lead the smart home trends in Asia Pacific.

The APAC smart homes market is expected to have stable growth, at an estimated 
CAGR of 16% over the coming years. Besides the wide adoption of smartphones and 
increased internet connectivity, government policies have a role to play. 
Government organizations across the region such as China, Japan, Singapore, and 
India have pledged to develop advanced smart cities which enable smart home 

ASSA ABLOY Opening Solutions APAC is putting customers on track to curate an 
ecosystem of smart home solutions with its world-renowned residential brand, 
Yale. The smart home solution starting with smart locks that come with the Yale 
Access app and can be paired with the Connect Wi-Fi Bridge enables a smooth 
transition from mechanical to advanced features. 

"Our products are at the center of our innovation agenda," says Troy Jackson, 
Managing Director for Smart Residential and E-Business at ASSA ABLOY Open 
Solutions APAC. "The smart door lock is a manifestation of ASSA ABLOY's 
systematic innovation strategy founded on process, product, and organization."

ASSA ABLOY's product innovation process is based on a structured gateway 
approach in unpacking market and customer insights to identifying 
opportunities. Product ideas are thoroughly strategized and prototyped to 
maximize success the first time around. 

New products have to be sustainable in terms of material, manufacturing, 
logistics, and disposal. Next, generation planning staggers the launch of new 
technologies to hit the market at the right time. 

Up to 2,800 research and development employees globally are supporting the 
evolution of smart products at the ASSA ABLOY Group. A network of engineers and 
over 9,000 registered patents, trademarks, and designs maintain the company's 
reputation as a world leader in access solutions. In Asia Pacific, a team of 
app developers, firmware experts, and cloud engineers based in Shanghai 
develops and customize smart residential solutions for the region. 

These focus areas ensure ASSA ABLOY invests in ideas that are the building 
blocks of the smart home future. 

"Ultimately, it is about delivering consumers peace of mind where consumers 
trust that their front door is secure while making it easy and convenient to 
enjoy all the other benefits of smart locks from allowing friends and family 
access or always knowing whether your door is locked," Jackson added.