Allegon announced the launch of Allegion Ventures, a $50 million corporate venture fund formed to accelerate the growth of innovative technologies and products, on March 8, 2018. Allegion Ventures will invest in early-stage companies that are poised for growth and going beyond traditional approaches to make security and access smarter, stronger, faster and less intrusive. Rob Martens has been named Allegion Ventures’ president – he also serves as Allegion’s head of external partnering and collaboration, as well as its global futurist. Wade Sheek, deputy general counsel for Allegion, will serve as Allegion Ventures’ managing principal.
Rob Martens talks to Eric Tobias, CEO and co-founder of High Alpha about a variety of topics, including how to scale a tech company, how large companies can learn to move at the speed of tech, and why culture matters. Watch the entire video series on YouTube.
In February 2018, Allegion made a minority investment in Nuki. Founded in Austria in 2014, Nuki’s cornerstone product is a retrofit residential smart lock. The Nuki Smart Lock, which is easily installed on top of an existing key and lock, offers Bluetooth-enabled smartphone and Nuki Fob credentialing and fits the majority of existing European locks.
Yonomi is a leading mobile application and cloud platform provider for connected living. In May 2017, Allegion made an equity investment to help accelerate the ThinCloud™ platform's integration with key devices in the connected space and scale Yonomi's enterprise services for device makers.
The Vitality Index is used by many companies to measure how innovative they are. It reflects revenue from new products created in the last 36 months as a percentage of total revenue. The index shows the importance a company places on continual innovation. Shortly after Allegion spun off from Ingersoll Rand, the Vitality Index was in the single digits. It has since tripled and is now in the high teens. Read more about Todd's thoughts on what this means for Allegion and our industry.
Pokémon GO: The mobile app that took the world by storm in 2016 by integrating virtual reality into real-world environments. Augmented reality isn’t new. So, what made this game particularly special, and what does it mean for the security industry? Read more.
When are fire-rated doors required? What about panic devices? Allegion’s code expert Lori Greene has the answers to your code questions on her blog iDigHardware.
Technologies seen during ISC West typically set the stage for the year to come. Allegion Futurist and Vice President of Strategy Rob Martens explains the top trends to impact the security industry in 2017. Also see his thoughts around tech trends and enhanced design.
Elevate Design Collective is a group of 6 home accent brands, working together to lead, inspire and expand the possibilities of interior design. Designers from each of the brands have integrated a custom Pantone color, developed exclusively for ELEVATE, into a suite of products.
The IoT, or “Internet of Things” has quickly transformed from a buzz phrase into a call to action in the global marketplace. Learn more about the effects of the IoT on the security industry.