According to the UN forecast, the world's population and the proportion of people living in urban areas will increase from 55% to 68% worldwide (about 6.7 billion people) by 2050. Megacities with more than 10 million inhabitants are becoming the norm for hundreds of millions of people around the world.
Countries face challenges to meet the needs of a growing urban population. These needs include, for example, transport infrastructure and services for people and goods, especially with the increase in e-commerce and international trade. Cities and people need reliable energy systems and telecommunication networks, sufficient supply of drinking water and also wastewater treatment capacity, not to mention other housing and safety infrastructure. By working between different industries, we can create new types of business models and meet the challenges of the future urban ecosystem.
Partnerships offer technical skills, knowledge sharing, innovation capability and digital strengths. To succeed, companies must develop new organizational capabilities to create value in future platform ecosystems. We combine digital and mechanical know-how by developing industry-leading security solutions that protect people, property and business. Every day, we help billions of people experience a more open world.
We want to collaborate and create digital innovations to improve citizens' lives and make urban life sustainable. Together with our innovative partners, we are already enabling new kinds of smart city ecosystems. We fully believe in a common future, where data protection, security and cost management are transformed into digital and integrated solutions.
By sharing digital access rights and enabling keyless access, we can secure both homes and businesses. Keyless and wireless solutions also save natural resources and make every building more sustainable by reducing their carbon footprint compared to more traditional wired solutions.
According to our vision, the possibility to access the premises safely, easily and flexibly is not only a matter of security. Access control also plays an important role as smart spaces grow into smart buildings, smart blocks and smart cities. That's why we open our doors to new partnerships, innovations and cooperation. Join us in creating a safer, more open world where people and businesses interact together.