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This Research Note examines Akila, an Asian provider of a digital twin data platform that centralizes and visualizes data from one site up to an entire building portfolio for property management and optimization. A Startup Backed by Aden Group Launched in 2021 in Singapore, Akila is backed and incubated by Aden Group, an Asia-based facility-management company with 26,000 employees and a 25-country presence. A $10 million funding round was completed in December 2021. In July 2024, Akila reported a team of 150+ people across Asia, Europe, and North America, with in-house engineering, Artificial Intelligence, and R&D teams. The Akila Platform While the digital twin is the core of their platform, there are 5 different software modules known as Suites: Energy Suite: provides centralized, real-time energy reporting and optimization. It allows transparency into energy use with data, paving the way for more cost-effective energy reduction strategies and consolidated reporting. Maintenance Suite: Reduces the total cost of […]
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This Research Note explores what’s behind Yardi Systems’ recent acquisitions of Hubble and Deskpass in the coworking sector. We focus on Yardi’s strategic rationale for acquiring these two firms, the company’s prior acquisitions in the sector, and the current state of coworking in the office market. Yardi Profile Founded in 1984 by Anant Yardi and […]
In this Research Note, we examine UrbanChain, a Manchester, UK-based startup recently named the 3rd fastest-growing UK technology company by Deloitte. The company is positioned as a provider of peer-to-peer energy services, enabling the rollout of renewable energy in commercial and industrial facilities to happen much faster. We review the company’s growth, external funding, and […]
In this Research Note, we examine Wavelynx Technologies, a Broomfield, Colorado-based vendor providing mobile-first identity and access control solutions. We take an in-depth look at the origins of the firm, its product portfolio, ownership, growth, regional expansion, and recent partnerships. Wavelynx Origins Wavelynx Technologies was founded in 2013 by Hugo Wendling, who had co-founded XceedID […]
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