STOCKHOLM — ASSA ABLOY Hospitality, a manufacturer of advanced security technologies for the hospitality industry, has restructured its organizational hierarchy, with hospitality now becoming one of several specialized market-specific units operating under the new ASSA ABLOY Global Solutions name.
The company’s focus on investing in businesses and solutions that can be scaled on a global level led to the restructuring, according to the announcement. It is said to allow ASSA ABLOY Global Solutions to fully cater to the numerous and unique security challenges facing diverse global markets.
The company’s ongoing evolution has included expanding into other vertical markets such as marine, elderly care, student housing, asset management and logistics. ASSA ABLOY Global Solutions provides each vertical market with a dedicated direct sales channel. This ensures that its platforms, software and support services are readily available and able to be adapted for particular regions and applications, according to the company.
While the hotel market will maintain its own specialized hospitality business unit of ASSA ABLOY Global Solutions, the expansion into vertical markets allows the company to ensure that its comprehensive range of solutions is made available to any market sector, while providing a greater depth of industry-specific expertise.
By leveraging its experience in working with various markets, the company says it will be able to identify and innovate additional technologies that can be customized to meet the specific needs of each type of facility.
“We are very pleased with the success that we have had with our hospitality organizational model, which focuses on one of our key verticals and creates dedicated solutions that meet specific market needs,” says Christophe Sut, executive vice president and head of the Global Technologies business unit at ASSA ABLOY Global Solutions. “With that in mind, we identified a need to replicate this approach for other vertical markets, and therefore created ASSA ABLOY Global Solutions to provide the specific security hardware, software, installation and support services that cater to each industry’s needs.”
