Making Positive Waves
AN EXCLUSIVE Security Matters interview with Stuart Wheeler, the managing director of Keynetics, reveals how the company has challenged the status quo of traditional key holding, highlights the organisation’s recent successes and offers timely insights into the roadmap for the future.
Keynetics, itself a small company with a nine-year history, has made a notable impact in the UK and European markets thanks to its innovative key management systems.
Despite the challenges faced by most businesses over the past years, including Brexit and COVID-19, the start-up has gone from strength to strength.
Today, its solutions are deployed by leading players in the security and facilities management industries, as well as in retail, banking and other sectors.
Stuart Wheeler, the company’s managing director and one of the founding figures of Keynetics, talks about the company’s origins, the hurdles faced on the journey of transforming key holding and plans for times ahead.
For those readers who may not be familiar with Keynetics, could you briefly describe what you do?
Keynetics provides unique key management solutions that help commercial clients to improve their alarm response time and reduce key holding costs, all while maintaining complete control over property access. Our system is digital in nature and offers an audit trail of all access events.
In simple terms, our solution consists of a security-certified, commercial-grade key safe, a platform and a mobile app. These components work together to address key holding challenges and deliver a solution that meets the demanding expectations of high-security sectors, including banking and retail.
Keynetics is a relatively new company. Could you share the story behind its creation?
The company was established in 2016. We’re part of a much larger US-based organisation, namely SentriLock, which designs and manufactures the physical product (ie key safes) and develops the software that powers our solution. Interestingly, SentriLock’s primary market is real estate where the SentriGuard system is widely used by realtors across the US.
We partnered with SentriLock as both parties identified an opportunity to expand, not only into new geographic markets, but also new target sectors. There was a market gap in industries such as security, void property management, retail and social care.
From there, we developed bespoke software platforms for access management, tailoring them to meet market needs and incorporating features that end users require. This has allowed us to build our reputation and also grow our customer base.
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