Mobile Access Made Easy: Transact + CBORD and ASSA ABLOY Partner to Improve Campus Security and the Student Experience
SCOTTSDALE, Ariz.--(BUSINESS WIRE)--Transact + CBORD and ASSA ABLOY have partnered to help schools modernize campus security with mobile-enabled wireless access. Together, theyāve supported nearly 100 campuses worldwide in enhancing safety and convenience by transitioning from mechanical locks to more flexible, mobile-first access solutions. This collaboration reflects a broader trend: nearly 40% of organizations now actively use mobile credentials for access controlāup from 32% in 2022, accord
Related Questions
Could the partnership result in new crossāselling opportunities or bundled solutions that enhance recurring revenue streams?
How will the partnership between Transact + CBORD and ASSA ABLOY affect ASSA's revenue forecasts?
How does this partnership position ASSA against competitors like Allegion, dormakaba, and HID Global in the campus security market?
What is the expected timeline for the rollout of mobile-enabled wireless access across the nearly 100 campuses and how will that drive nearāterm earnings?
How might the announcement influence analyst sentiment and target price revisions for ASSA's stock?
Will the collaboration lead to incremental licensing or hardware sales that could boost ASSA's margins?
What are the risks if the mobileāfirst solutions face integration challenges or cybersecurity concerns on campuses?
Will the partnership create any upside potential for a strategic acquisition or further collaborations in the education sector?
What is the potential impact of the increasing adoption of mobile credentials (40% of organizations) on ASSA's market share and pricing power?
Is there any indication that the partnership will involve coādevelopment of technology that could affect ASSA's R&D expenses or capital allocation?