dormakaba Group Strengths, Domain Expertise, and Key Differentiators
Dormakaba's strengths lie in its comprehensive product portfolio, which includes access control systems, door hardware, entrance systems, and electronic access solutions. The company's commitment to innovation is evident in its integration of Cloud-based solutions, IoT-enabled devices, and the exploration of Gen AI to enhance security features and user experience. Dormakaba's global presence and reputation for quality and reliability further reinforce its position as a trusted provider in the access and security industry.​
dormakaba Group Recent Developments
Despite potential challenges from impending U.S. tariffs on imports from Canada and Mexico, Dormakaba anticipates continued organic sales growth in the U.S., its largest market. Leadership changes include the appointment of René Peter as the permanent Chief Financial Officer, following the passing of his predecessor, Christina Johansson.
dormakaba Group Mergers and acquisitions (M&A) Activities
Despite potential challenges from impending U.S. tariffs on imports from Canada and Mexico, Dormakaba anticipates continued organic sales growth in the U.S., its largest market. Leadership changes include the appointment of René Peter as the permanent Chief Financial Officer, following the passing of his predecessor, Christina Johansson.
dormakaba Group Customers in ARTW Customer Database
Leveraging a rigorous data-centric research methodology, APPS RUN THE WORLD asks the simple question: Who’s buying dormakaba Group applications and why? And we provide the answers – supported by decades of research – to our clients around the world. Our Customer database has over 100 data fields that detail company usage of dormakaba Group and other enterprise apps by function, customer size, industry, location, implementation status, partner involvement, Line of Business Key Stakeholders and IT decision makers contact details. List of Verified Kaba Mobile, Ambiance, Jay cloud customers.
dormakaba Group Overview
Ownership: - DOKA (SWX)
Number of Employees: 15427
Functional Market: Time and Attendance,
Key Verticals: Aerospace and Defense, Automotive, Banking and Financial Services, Communication, Construction and Real Estate, Distribution, Education, Government, Healthcare, Insurance, Leisure and Hospitality, Manufacturing, Media, Oil Gas Chemicals, Professional Services, Retail, Transportation, Utility,
dormakaba Group Key Cloud and HCM Applications
Kaba Mobile, Ambiance, Jay cloud
dormakaba Group HCM and Cloud HCM Applications Revenues, $M:
| Type/Year | 2023 | 2024 | YoY Growth, % |
|---|---|---|---|
| Total Revenues, $M | Subscribe | Subscribe | Subscribe |
| HCM Applications Revenues, $M | Subscribe | Subscribe | Subscribe |
* HCM Applications Revenues = License + Support & Maintenance + SaaS ( Hardware and Prof. Services are Excluded )
** All revenue figures are estimates based on public records, Cloud and Non-Cloud business models in Apps Run The World's vendor database, and annual survey results including vendor feedback.
dormakaba Group Revenue Breakdown by Type:
dormakaba Group HCM Applications Revenues By Sub-Functional Markets, $M:
Split by Sub-Functional Markets | % of HCM Revenue in the HR Segment | 2024 HCM Revenues, By HR Segment, $M | |
dormakaba Group HCM Applications Revenues By Verticals, $M:
dormakaba Group Total and HCM Applications Revenues by Region:
| Region | % of Total Revenues | 2024 Total Revenues, $M | 2024 HCM Applications Revenues, $M |
|---|---|---|---|
| Americas | Subscribe | Subscribe | Subscribe |
| EMEA | Subscribe | Subscribe | Subscribe |
| APAC | Subscribe | Subscribe | Subscribe |
| Total | Subscribe | Subscribe | Subscribe |
dormakaba Group Direct vs Indirect sales
| Type | Direct Sales | Indirect Sales | Total |
|---|---|---|---|
| Type % | Subscribe | Subscribe | Subscribe |
| Revenues, $M | Subscribe | Subscribe | Subscribe |
dormakaba Group Customers - Breakdown by Geo, Size, Vertical and Product
List of Verified dormakaba Group Customers
No. of dormakaba Group Customers: 20000
No. of dormakaba Group HCM Applications Customers: 1800
No. of dormakaba Group Cloud HCM Customers: x
No. of dormakaba Group Cloud HCM Subscribers: x
The dormakaba b-comm solution is trusted by more than 1,800 customers to safely capture and deliver employee time and labor entries to their ERP systems. Its enterprise-class design facilitates data collection from a variety of devices such as dormakaba Time Clocks, Smart Devices, Telephone IVR, and PC/Web Clocks.
Clients include such industry leaders as Kraft Foods North America, Schneider Electric, BMW, General Electric, and UTC Aerospace Systems, among others.
dormakaba Group Market Opportunities, M&A and Geo Expansions
Dormakaba is expanding its presence in key markets, offering significant growth opportunities. In India, the company is opening a new Customer Experience Center in Delhi by September 2024, complementing existing centers in Mumbai and Bangalore, providing local customers and partners with access to products, solutions, and training. Meanwhile, dormakaba is expanding its operations in Bulgaria by launching a new business services center in Sofia, which will enhance Finance and HR processes. Additionally, the company is establishing a global engineering hub at the same site for product development, software engineering, and testing. This expansion also includes plans to increase capacity at its new factory in Novi Han, offering opportunities for enhanced innovation and operational efficiency.
Dormakaba Group is poised for significant opportunities with the initiation of its transformation program, aligning with the company's Shape4Growth (S4G) strategy. The announced program reflects a commitment to customer-centricity, future resilience, and the realization of mid-term financial targets. The identified opportunities include exploring market potentials both horizontally and vertically, expanding into new regions, and embracing cutting-edge technologies such as Cloud, IoT, AI, and ML. By consolidating global production, optimizing administrative functions, and implementing shared service centers, dormakaba aims to achieve a run-rate cost saving of approximately CHF 170 million by 2025/26. The transformation program, with a focus on boosting network efficiency and shortening time-to-market, will facilitate the establishment of dedicated R&D centers and the reduction of IT complexity. As the company undergoes organizational changes, the CEO, Jim-Heng Lee, emphasizes the commitment to becoming an industry leader with above-market growth. The streamlined structure implemented from July 1, 2023, further underscores Dormakaba's dedication to enhancing innovation capabilities and sustaining growth in its core markets. The program signifies a strategic move towards sequential improvements, reflecting the company's determination to strengthen before expanding further.
dormakaba Group Risks and Challenges
Dormakaba faces several risks, including geopolitical uncertainties, such as the potential impact of U.S. tariffs on imports from Canada and Mexico, which could affect supply chains and cost structures. The competitive nature of the security industry necessitates continuous innovation to maintain market share. Additionally, the integration of advanced technologies like Gen AI and IoT introduces cybersecurity concerns, requiring robust measures to protect against potential vulnerabilities. Economic fluctuations and regulatory changes in different regions also pose challenges to consistent global operations.
dormakaba Group Ecosystem, Partners, Resellers and SI
Dormakaba's ecosystem strategy involves a blend of direct and indirect sales channels, including partnerships with system integrators, value-added resellers, and technology providers. This collaborative approach facilitates the integration of Dormakaba's solutions into broader security and building management systems. By fostering a network of partners and embracing open standards, Dormakaba enhances its ability to deliver comprehensive, scalable, and interoperable solutions that meet the diverse needs of its global clientele.​
Research Methodology
Data used in research reports are derived from publicly available documents, continuous surveys of applications vendors, customers, resellers, Independent Software Vendors, systems integrators and other verifiable sources.
Vendor shares and market forecast results are based on a combination of existing databases as well as demand side and supply side research conducted throughout the year with validation from vendors, customers, channel partners and documentations such as earnings releases and 10Q and 10K filings, vertical industry studies, regional and country-level statistics from public and private institutions(i.e. colleges, universities, government agencies and trade associations).
For additional information on our methodologies, here's the link:
https://www.appsruntheworld.com/taxonomy
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