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In this Research Note, we examine Azbil, a public company with a leading position in the Japanese building automation market. Our analysis is based on their annual results, year ending 31st March 2022 and investor presentations. The Building Automation (BA) business, the largest of three business units, accounts for 46.4% of consolidated net sales for the Azbil Group, which increased 3.9% to 256,551 million yen, year ending 31 March 2022. The overall vision for the BA business is to become an Asia-based world-class supplier of building systems. Core strategies include: Integrating their building automation systems, IoT devices and field equipment to optimize energy usage, air quality and temperature quality.Introducing cloud-based energy efficiency and virtual power plant services.Developing proven energy-saving apps and engineering services meeting safety and comfort needs in the overseas market. The BA business provides solutions incorporating the latest technology in sensing, controls, IT, building system optimization, construction, and maintenance services, as demonstrated in more than 25,000 installed systems to […]
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In this Research Note, we examine Kieback&Peter, one of the long-established German manufacturers and systems integrators of building automation solutions and services. This analysis is based on last month’s publication of their annual company accounts. We also highlight their recent product launches, the planned new headquarters, and a 2025 acquisition. Kieback&Peter GmbH & Co. KG […]
In this Research Note, we examine CBRE’s recent announcement of the creation of a new Building Operations & Experience business segment, in conjunction with the acquisition of Industrious, a US provider of flexible workplace solutions. We assess the changes to the former Global Workplace Solutions business and comment on the Industrious acquisition and the state […]
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 […]
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