Smart Buildings

Digital Twin Startup Willow Lays off 22% of its Workforce Following Recalibration of Strategy

Willow, the Australian provider of digital twin solutions for infrastructure and real estate, lays off 99 staff, 22% of its workforce on 24th December 2022, following a recent recalibration of company strategy. 72 full-time employees as well as 27 contractors have been laid off, with Australian employees reported to account for around 50% of the job losses, alongside the US team. Headquartered in Sydney, the firm was founded in 2017 and reported a global workforce of over 350 employees in mid-year, which includes digital engineers, software engineers, sales and marketing, customer success and subject matter experts as well as operational staff and technical support staff located across offices in Sydney, Melbourne, Toronto, Seattle, New York, London, Amersfoort and Manila. As one of the early movers at the forefront of digitization technology in commercial buildings, Willow creates virtual representations of physical assets, overlaid with real-time information from devices, equipment, people and places. The Willow Twin platform, […]

Stay ahead of the pack

with the latest independent smart building research and thought leadership.

Have an account? Login

Subscribe Now from just $400 per year per user for Access to Quality Independent Smart Building Research & Analysis!

What Exactly Do you Get?

  • Access to Website Articles and Notes. Unlimited Access to the Library of over 2000 Articles Spanning 10 Years.
  • 10% discount on ALL Memoori Research reports for Subscribers!
  • Industry-leading Analysis Every Week, Direct to your Inbox.
  • AND Cancel at any time
Subscribe Now

Most Popular Articles

Hanwha Vision
Security

Hanwha’s Robust Financial Results: Significant $1Bn Revenue Achievement

This Research Note explores the development and financial highlights of Hanwha Vision, formerly known as Hanwha Techwin, a video surveillance company listed on the South Korean stock exchange. This analysis is based on  Hanwha Vision’s Sustainability Report, 2nd July 2025, and Memoori analysis. Hanwha Vision Profile Headquartered in South Korea, Hanwha Techwin entered the video […]

Legence 2025 IPO
Smart Buildings

Legence IPO Filing 2025: Financial & Market Position Analysis

This Research Note examines the recent Legence Corp. filing at the US SEC for an Initial Public Offering.  We highlight the transaction details, profile the business segments offering engineering, installation and maintenance services and sustainability consulting, and explore the financial highlights of the $2.1 billion revenue company. Transaction Details Blackstone is exploring a potential sale […]

Haltian IoT Devices
Smart Buildings

Haltian Reports Strong 26.2% Revenue Growth & Healthcare Expansion

In this Research Note, we examine Haltian Oy, the Finnish developer of IoT hardware and software solutions for the built environment. This analysis, updating our September 2024 article on Haltian, focuses on the company’s recently launched products and solutions, its financial performance 2020 – 2024, funding, and deployments. Haltian Profile Founded in 2012, Haltian is […]

Subscribe to the Newsletter & get all our Articles & Research Delivered Straight to your Inbox.