dormakaba Group Strengths, Domain Expertise, and Key Differentiators
The Dormakaba Group's strengths lie in its key differentiators, extensive domain expertise, diverse product portfolio, and integration of cutting-edge AI/ML features. As one of the top three companies globally for access control and security solutions, dormakaba's prominence is underlined by over 150 years of industry experience and the installation of millions of products worldwide. The company stands out through its comprehensive range of products, solutions, and services, catering to secure access requirements across various sectors such as hotels, healthcare, education, retail, lodging, entertainment facilities, sports centers, airports, and more. From traditional pushbutton locks to state-of-the-art entrance systems and fully networked access control solutions, dormakaba's strength lies in providing secure and flexible access to buildings and rooms, supported by a rich history of expertise and a forward-looking embrace of advanced technologies like AI and ML.
dormakaba Group Recent Developments
Dormakaba Group has recently unveiled its cutting-edge EntriWorX Ecosystem, marking a significant stride in streamlining collaboration across various trades and optimizing processes throughout the entire building life cycle. This comprehensive solution integrates advanced data analyses with user-friendly management of door systems, offering smart planning tools, an EntriWorX Unit for seamless product connectivity, the EntriWorX Setup App for easy commissioning, and the EntriWorX Insights web application. Whether addressing fire protection, accessibility, or access control needs, the planning tools ensure the connection of all relevant data, facilitating enhanced exchange and collaboration among different trades and partners.
Additionally, the company launched Entrivo introducing digital IoT services tailored for automatic door operators. This connectivity solution enables real-time monitoring and access to operating performance information from any location through the Entrivo IoT connector. Furthermore, dormakaba has strengthened its product portfolio through an active M&A strategy, resulting in the incorporation of new product brands like BEST, PRECISION, STANLEY, and Mesker Openings Group. These recent developments underscore dormakaba's commitment to innovation, technological advancement, and a diversified product offering in the market.
dormakaba Group Mergers and acquisitions (M&A) Activities
Dormakaba Group recently concluded a strategic move by successfully acquiring Atiqx Holding B.V., a significant player in the electronic access control and workforce management sector in the Netherlands. This strategic acquisition is aimed at fortifying Dormakaba's core business and service offerings within the region. Atiqx, renowned for providing tailored electronic access control and workforce management solutions, boasts a strong market presence with a diverse clientele in sectors such as healthcare, transportation, and food. The company, headquartered in Utrecht/Dordrecht, employs approximately 70 professionals and offers cloud-based solutions with a 24/7 services model, generating an appealing recurring Software-as-a-Service (SaaS) income. Dormakaba CEO Jim-Heng Lee expressed enthusiasm about the collaboration, emphasizing Atiqx's deep understanding of the local electronic access control market and their established customer base. The acquisition aligns with Dormakaba's growth strategy, enabling the expansion of market access and scale in both core business and services. While the financial details of the transaction remain undisclosed, the acquisition is poised to enhance Dormakaba's market position and contribute to its overall success.
Dormakaba has acquired the Australian Reliance Doors and Best Doors Australia Groups, thus strengthening its position in door automation and enabling further growth. The group of companies is a well-established provider in the Australian market with reputable brands for residential garage doors, automatic openers, industrial overhead doors as well as related services. This transaction allows Dormakaba to further diversify and expand its footprint into the residential sector of the Australian market by combining the products with integrated solutions for seamless home access.
Dormakaba acquired Alvarado Manufacturing, based in Chino (CA/USA). Alvarado is a leading manufacturer of physical access solutions in North America such as speed gates, turnstiles, and other admission devices with a focus on office, commercial, and government buildings, as well as sports, leisure, and entertainment facilities. Combined with its own physical access solutions business, dormakaba will achieve one of the leading positions in the respective market in North America. The acquisition offers a good strategic fit to dormakaba with a widely complementary customer base and a suitable local product offering.
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: 15519
Functional Market: Time and Attendance,
Key Verticals: Aerospace and Defense, Automotive, Banking and Financial Services, Communications, Construction, Real Estate, Distribution, K12, Higher Education, Federal Government, State and Local Government, Public Safety, Healthcare, Life Insurance, P&C Insurance, Specialty Insurance, Leisure and Recreation, Hospitality, Manufacturing, Media, Oil and Gas, Chemicals, Professional Services, Retail, Transportation, Utilities,
dormakaba Group Key Cloud and HCM Applications
Kaba Mobile, Ambiance, Jay cloud
dormakaba Group HCM and Cloud HCM Applications Revenues, $M:
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* 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:
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dormakaba Group HCM Applications Revenues By Verticals, $M:
dormakaba Group Total and HCM Applications Revenues by Region:
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dormakaba Group Direct vs Indirect sales
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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 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
The Dormakaba Group formed through the merger of Dorma and Kaba, faces a set of internal and external risks along with go-to-market challenges. One significant risk lies in the ongoing effort to optimize the economy of scale, as the distinct branding of Dorma and Kaba continues to pose challenges to seamless integration. The coexistence of these distinct brands may create operational complexities and hinder the realization of maximum synergies. Additionally, the technology division of Dormakaba confronts a notable risk related to cloud migration. The company's large installed base of legacy systems for access control and workforce management presents a hurdle to the swift adoption of cloud technologies, requiring a careful and gradual transition to avoid disruptions and ensure a smooth technological evolution. These internal and external challenges underscore the importance of strategic planning and execution for Dormakaba as it navigates its path forward.
dormakaba Group Ecosystem, Partners, Resellers and SI
The Dormakaba Group Ecosystem is a robust network built on technology integrations and strategic partnerships, emphasizing the collaborative strength derived from its System Integrators, Value Added Resellers, and the broader technology landscape. The heart of this ecosystem lies in the synergy created through its exclusive Preferred Supplier partnership, defined by a commitment to maximum transparency. Within this framework, dormakaba-certified Preferred Suppliers stand out, benefiting from a distinct status that not only acknowledges their expertise but also provides them with preferential treatment in a competitive market. This approach fosters an environment of trust and collaboration, amplifying the network effects within the ecosystem and ensuring that the collective strength of dormakaba and its partners exceeds the sum of its parts.
dormakaba Group Cloud Platform (PaaS) and Infrastructure (IaaS) Details
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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).
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