PR85621

HONG KONG,Sept.16,2020/PRNewswire=KYODO JBN/--

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

applications.

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.  

SOURCE: ASSA ABLOY Asia-Pacific