The SUPER RMR Padlock

By: Brian Rhodes, Published on Apr 07, 2013

Despite the dearth of new product announcements for the year's ISC West expo, padlock lovers can rejoice! Mul-T-Lock is introducing their Watchlock padlock to the US market. This device features advanced technologies and touts the tantalizing prospect of RMR to dealers. Do these claims make this padlock indeed "SUPER"? In this report we take a deeper look.

Product Examined

From a hardware design perspective, the Watchclock is rather traditional and unremarkable. The lock features a hardened steel shank, steel casing, and is protected by an ABS housing that contains both the lock, electronics, and a field-replaceable battery.

However, beyond its simple purpose comes a variety of high tech features. The manufacturer's video overviews:

Where the Watchlock departs from standard padlocks is in its 'access control' abilities:

  • Audit Trail: The lock registers who (which key) and when the padlock is opened or closed including recording unsuccessful attempts to open the lock.
  • GPS Tracking: The lock is built with a GPS radio that records where the lock is located at any given point, and also stamps lock activity (open/close) with location information.
  • Battery Powered: The unit is a low-draw device, and the onboard battery claims to last several years of normal use.
  • Web Accessible: The status and history of the lock is accessible via a web portal, and maps showing travel and activity events are downloadable from the portal.
  • Mul-T-Lock Compatible: The Watchlock is designed to be used with 'standard' Mul-T-Lock 'smartkeys' and provides the same functionality as the other products in the line. A user must have a valid MulTLock 'key' credential to open the lock, no matter if it mechanical fits or not. For more information on what general features are provided, see our 'eCylinders Explained' update for more detail.

However, these advanced features come at a premium, with the pricing of Watchlock being 20 times higher than high security 'traditional' locks:

Pricing

The total cost of the padlock is calculated in two pieces:

  • The padlock itself has a projected street price of ~$400 USD.
  • The ongoing GSM cellular service (offered through Starcom Systems) is projected to cost ~$20/ month

The total cost of the unit includes the additional GSM service. While the padlock functions as a lock regardless of the service, the advanced reporting and tracking features are not possible without it.

Get Notified of Video Surveillance Breaking News
Get Notified of Video Surveillance Breaking News

Not Really "New"

Despite making the ISC West "New Product" Showcase, the Watchlock is not a new product. It has not been available in the US/North American market until this year, but has been resold and in use in the EMEA markets since 2010. The delayed introduction in the US is a result of delays negotiating a nation-wide cellular carrier for the product.

RMR

Of course, one of the more compelling features of the Watchlock is the prospect of recurring monthly revenue (RMR) to the selling dealer. A dealer is able to resell GSM service through Starcom in the same manner as alarm monitoring or managed video services.

Given that the wholesale price of monitoring is projected around $5 - $7 per lock, the 'service resell' price of $15 - $20 per unit  generates significant RMR to the reseller.

Ideal Application

The steep price of the Watchlock will keep it from being considered in many 'traditional' padlock situations. Locking gates, trash dumpters, and tool sheds are all applications better served by strictly mechanical padlocks. However, the manufacturer suggests that remote utility sites, tractor trailers/containers, and mobile jobsites can all be served by the auditing features of the lock. Ultimately, we expect it to be a niche offering, given the combination of high up front price and ongoing service fees. 

Comments (0) : PRO Members only. Login. or Join.

Related Reports on Locks

Responsibility Split Selecting Locks - Statistics on Jul 22, 2019
A heated access debate surrounds who should pick and install the locks. While responsible for selecting the control systems, integrators often...
Access Control Job Walk Guide on May 22, 2019
Significant money can be saved and problems avoided with an access control job walk if you know what to look for and what to ask. By inviting...
Maglock Selection Guide on May 16, 2019
One of the most misunderstood yet valuable pieces of electrified hardware is the maglock. Few locks are stronger, but myths and confusion surround...
Access Control Request to Exit (RTE) Tutorial on May 13, 2019
For access controlled doors, especially those with maglocks, 'Request to Exit', or 'RTE' devices are required to override electrified locks to...
Door Closers Access Control Tutorial on May 02, 2019
Door Closers have an important job: automatically shut doors when they are opened, because an open door cannot control access. In this note, we...
Locking Down Network Connections Guide on Apr 23, 2019
Accidents and inside attacks are risks when network connections are not locked down. Security and video surveillance systems should be protected...
Designing Access Control Guide on Jan 30, 2019
Designing an access control solution requires decisions on 8 fundamental questions. This in-depth guide helps you understand the options and...
Openpath Access Control Tested on Nov 20, 2018
Big investment in access startups is uncommon, but Openpath has recently attracted $20 million doing just that. The company has limited security...
Haven Targets School Security with Lockdown Lineup on Nov 08, 2018
Haven, a US startup founded in 2014 as a residential-focused company, has now raised funding and is offering a lineup of commercial grade locks for...
Solar-Powered, Smart-Phone-Based Access Kit (VIZPin) Examined on Nov 02, 2018
Cloud-based access control company VIZPin is releasing a solar-powered and smart phone based access control system for gates and other remote...

Most Recent Industry Reports

TMA Apologizes to Amazon / Ring on Aug 23, 2019
Not only is Amazon / Ring making major incursions into the residential security market, the organization representing the biggest incumbents, The...
China Dahua Replaces Their Software With US Pepper on Aug 22, 2019
What does a US government banned company do to improve its security positioning in the US? Well, Dahua is unveiling a novel solution, partnering...
Security Integrators Outlook On Remaining Integrators In 2025 on Aug 22, 2019
The industry has changed substantially in the last decade, with the rise of IP cameras and the race to the bottom. Indeed, more changes may be...
First GDPR Facial Recognition Fine For Sweden School on Aug 22, 2019
A school in Sweden has been fined $20,000 for using facial recognition to keep attendance in what is Sweden's first GDPR fine. Notably, the fine is...
Anyvision Facial Recognition Tested on Aug 21, 2019
Anyvision is aiming for $1 billion in revenue by 2022, backed by $74 million in funding. But does their performance live up to the hype they have...
JCI Sues Wyze on Aug 21, 2019
The mega manufacturer / integrator JCI has sued the fast-growing $20 camera Seattle startup Wyze. Inside this note: Share the court...
Dahua 4K Camera Shootout on Aug 20, 2019
Dahua's new Pro Series 4K N85CL5Z claims to "deliver superior images in all lighting and environmental conditions", but how does this compare to...
ZK Teco Atlas Access Control Tested on Aug 20, 2019
Who needs access specialists? China-based ZKTeco claims its newest access panel 'makes it very easy for anyone to learn and install access control...
Uniview Beats Intel In Trademark Lawsuit on Aug 19, 2019
Uniview has won a long-running trademark lawsuit brought by Intel, with Beijing's highest court reversing an earlier Intel win, centered on...
Suprema Biometric Mass Leak Examined on Aug 19, 2019
While Suprema is rarely discussed even within the physical security market, the South Korean biometrics manufacturer made global news this past...

The world's leading video surveillance information source, IPVM provides the best reporting, testing and training for 10,000+ members globally. Dedicated to independent and objective information, we uniquely refuse any and all advertisements, sponsorship and consulting from manufacturers.

About | FAQ | Contact