What Real Time Networks does

Real Time Networks Inc. is a privately held Canadian company, headquartered in Port Coquitlam, British Columbia, that designs, manufactures, and supports RFID-based intelligent locker and electronic key cabinet systems under the AssetTracer, KeyTracer, Key Exit Alarm System, RTNConnect/RTNHub, and RealCare sub-brands. The core technology stack combines contactless RFID key fobs and content sensors with modular hardware cabinets and a cloud-based management platform, enabling real-time tracking, automated check-in/check-out workflows, electronic access control, audit trails, and integration with access-control, HR, identity, video surveillance, and incident-reporting systems; the systems include emergency battery backup for offline operation and a proprietary exit-alarm mechanism that prevents authorized key rings from leaving facilities.

The company sells to government, law enforcement, correctional, casino, hospitality, fleet and transportation, warehouse/manufacturing, education, and corporate IT customers through an enterprise field-sales motion supplemented by inside-sales handling inbound demo and quote requests within 24 hours. Revenue is generated through hardware sales of customized locker and key cabinet configurations, installation and training services, recurring RealCare extended service and warranty plans, and RTNConnect/RTNHub software subscriptions; pricing is quote-based and not publicly disclosed. Notable reference customers include BC Hydro, Oregon State Police (34 locations), San Mateo County Sheriff's Office, Broward County Sheriff's Office, City of Saint John, and Ameristar Casino.

The firm is ISO/IEC 27001 certified, has operated for multiple decades, and is privately held with no disclosed external funding, acquisitions, or parent company; ownership and revenue figures are not publicly disclosed in the available materials.

Name

Real Time Networks

Legal name

Real Time Networks Inc.

Website

https://realtimenetworks.com

Company type

Private

Founded year

1989

Operating status

Operating

Headcount range

51–100 employees

Short description

Real Time Networks is a Canadian RFID-based intelligent locker and electronic key cabinet vendor; through AssetTracer, KeyTracer, and RTNConnect software, it provides real-time asset tracking, key management, and audit trails primarily to law enforcement, correctional facilities, casinos, hospitality, fleet, and corporate IT customers.

Ownership category

akta.pro rank

Product category

Physical Security Asset Management

NAICS

Security Systems Services (except Locksmiths) (561621), Navigational, Measuring, Electromedical, and Control Instruments Manufacturing (33451), Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services (5182)

SIC

Industrial Instruments For Measurement, Display, And Control (3823), Services-Computer Integrated Systems Design (7373), Computer Communications Equipment (3576)

akta.pro primary industry

Smart Lock Software Platforms & Mobile Apps (Access Control SaaS) (HSAHAEAG)

akta.pro secondary industries

Smart Lock Installation, Retrofit & Door Hardware Services (HSAHAEAB), Residential Security System Installation (Wired/Wireless) (HSAHABAA)

Keywords

• Intelligent locker systems
• Electronic key management
• RFID asset tracking
• Physical security solutions
• Key control cabinets

Headquarters

HQ city

Port Coquitlam

HQ country

Canada

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Operations, Personnel, Technology or R&D, Marketing or Sales, Infrastructure

Revenue model

1. Hardware Sales - Intelligent Lockers: Sale of AssetTracer smart locker systems including modular compartments, access terminals, and supporting hardware. Systems are customizable and priced based on configuration and compartment count.
2. Hardware Sales - Electronic Key Cabinets: Sale of KeyTracer electronic key cabinet systems. Includes lifetime warranty on key fobs and various authentication options.
3. RealCare Extended Service Plans: Extended warranty and service plans providing ongoing support, repairs, and replacements beyond standard warranty periods.
4. Software/Subscription Services: RTNHub/RTNConnect cloud-based management platform for ongoing system monitoring, reporting, and integration services.
5. Installation and Training: Professional installation and training services available for all products.

Pricing tiers

Go-to-market motion2 records

Distribution channels3 records

Marketing channels8 records

Core offering

Real Time Networks designs, manufactures, and sells RFID-based intelligent locker systems (AssetTracer) and electronic key cabinets (KeyTracer) for secure management of physical assets and keys. Their offering is complemented by the RTNConnect software platform for centralized management and the proprietary Key Exit Alarm System, with deployment across law enforcement, government, casino, education, and enterprise customers.

Product overview

Real Time Networks provides a unified intelligent asset and key management platform consisting of two core hardware products—AssetTracer intelligent lockers and KeyTracer electronic key cabinets—managed through the RTNConnect software platform. AssetTracer uses modular, RFID-enabled locker compartments to track and secure assets including weapons, radios, tablets, laptops, evidence, and equipment with real-time visibility and automated workflows. KeyTracer provides RFID-based key control with electronic cabinets and a fail-proof Key Exit Alarm system. Both products are backed by RealCare extended service plans offering warranties, installation, and professional support.

Differentiator

Problem solved

Functional benefit

Brands

• AssetTracer: Intelligent locker system for secure asset management, tracking, and storage of equipment, devices, weapons, and evidence
• KeyTracer
• RealCare
• RTNConnect
• RTNHub

Products and services

• AssetTracer Intelligent Lockers
• KeyTracer Electronic Key Cabinets
• Key Exit Alarm System
• RTNConnect Software Platform
• RealCare Extended Service Plans

Quantifiable outcome

• Up to 65% savings in labor and lost productivity
• +4 more outcomes

Named customers6 records

Segments8 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

Integration4 records

Feature7 records

Scale indicators8 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• Traka (Assa Abloy): Traka is the most direct global competitor to Real Time Networks' KeyTracer, offering electronic key management cabinets with RFID and biometric authentication. It is owned by Assa Abloy and serves the same law enforcement, corrections, gaming, and enterprise verticals with comparable hardware-plus-software solutions.
• Morse Watchmans: Morse Watchmans manufactures electronic key control and asset management systems, including the popular KeyWatcher Touch cabinets. It competes head-to-head with KeyTracer in government, corrections, healthcare, and commercial real estate, with a similar hardware + KeyPro software model.
• Key Systems Inc. Key Systems Inc. provides electronic key management and asset control cabinets serving automotive dealerships, government, and law enforcement. Overlap with RTN's KeyTracer and Key Exit Alarm products is direct, particularly in fleet and police armory use cases.
• Deister Electronic: Deister Electronic is a European-headquartered provider of RFID-based key and asset management solutions, including electronic key cabinets. It competes with RTN in government, corporate, and industrial verticals and is a direct global comparable in the same product category.
• KeyTrak: KeyTrak is a US-based manufacturer of electronic key management systems for automotive, property management, government, and education markets. It offers a similar combination of cabinet hardware and centralized software, directly overlapping with RTN's KeyTracer offering.

Broad incumbents

• Assa Abloy: Assa Abloy is the global leader in access solutions and the parent of Traka. While RTN competes with the Traka division specifically, Assa Abloy's broader portfolio in locks, access control, and identity solutions creates channel and bundle pressure across all of RTN's verticals.
• dormakaba: dormakaba is a global security and access solutions incumbent with electronic key, locker, and asset management offerings. It serves similar enterprise and government customers and could bundle competing solutions into larger integrated security bids where RTN is also a contender.
• Zebra Technologies: Zebra Technologies provides enterprise asset tracking and RFID solutions at industrial scale, with software platforms for inventory and location. It represents a broader incumbent alternative for large enterprise customers evaluating RTN's RFID-based asset locker proposition, particularly in warehouse/manufacturing.

Emerging players

• Camcode: Camcode specializes in durable asset tags, labels, and asset tracking solutions for industrial, government, and education customers. It overlaps with RTN in the asset identification and tracking layer, though it is less focused on locker/cabinet hardware.

Others

• Telaid (and similar security integrators): National security integrators such as Telaid design, install, and service integrated physical security and access control systems for multi-site enterprises. They are adjacent channel partners and occasional competitors when designing turnkey solutions that include asset and key management modules.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks5 records

Key highlights6 records

Customer concentration

• Xx.com/rtninsights

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Real Time Networks