Partnering opportunity

Cloud-based secure access control locking system

Summary

A Singaporean SME has developed a cloud-based access control solution suitable for numerous industries. It is a standalone locking system which utilizes the functional elements of locksets and the latest technologies, such as quality control software, a Secure Element (SE) microprocessor chip, and one-time password (OTP) to address multiple secure access concerns of enterprises. The SME is looking for licensing and technical cooperation partnerships with SMEs of all sizes and MNEs.

Partner sought

The Singaporean SME is seeking licensing or technical cooperation partnerships with SMEs of all sizes or MNEs. The SME is willing to collaborate with vendors that express interests in licensing their technology or become one of their technology partners for enhancing the system. Both parties can collaborate at a technical level for the partner or partner's clients in using this technology. The key areas of focus for partnerships are the following: • Miniature battery storage • Miniature sensor or mechanism • Energy saving wireless communication solutions

Description

The SME offers access control security solutions comprising a cloud-based locking system to enable smart, auditable access control and compliance reporting. The access control industry is continuously evolving at a fast pace and the global Access Control market is expected to cross USD$10.03 Billion by 2023, at about 6.48% of compound annual growth rate (CAGR) between 2017 and 2023. Enterprises across the industry are in need of a secure access control solution to eliminate the concerns of managing mechanical keys and problems of passwords. The standalone solution also utilizes industry standard encryption technologies, such as public key infrastructure (PKI), advanced encryption standard (AES), and elliptic-curve cryptography (ECC) to protect and ensure the privacy of critical information. The SE chips and OTP enable control of access to the locks without the management of physical keys, allowing customers to define real-time secure access policies to the locks through OTP technology. Cloud-based management services are provided by the solution and it supports multiple access control functionality in real time. Potential Application Areas: - The locking solution finds application across industries, such as manufacturing, finance and insurance, military, oil and gas, government, telecom, transportation and logistics. - It can be applied to specific areas, such as self-contained kiosks or cabinets, including server racks, control cabinets for traffic light junctions, electronic parking gantries, telecom cell stations, automated teller machine (ATM) kiosks, factory control rooms, delivery vans, water or electricity cabinets, pharmacy storage cabinets as well as power supply and process control boxes. The SME is keen to partner SMEs of all sizes and MNEs in the following types of partnerships: i) Licensing - the SME could license the technology to the partner to further develop it in creating new products and services. ii) Technical cooperation - the SME could work with the partner to support the partner in providing this technology to its customers.

Advantages and innovations

• The solution provides ease of implementation with quick installation that does not require wiring or drilling. It is flexible and can be easily integrated with existing locking solutions without incurring much cost. • It consist of standalone locking unit with no battery for remote operation. • It is a cloud-based locking solution that incorporates Secure Element and OTP technology for tamper-proof security.

Development stage

Available for demonstration

Intellectual Property Rights (IPR)

Patent(s) applied for but not yet granted


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