Articles
The Hero We Deserve? A Balanced Look at Smart Building Digital Twins
June 8th, 2023Mapping the Occupancy Analytics Market Landscape 2023
June 7th, 2023
Occupancy Analytics Market Consolidation Continues into 2023
Our new report on Occupancy Analytics and In-Building Location-Based Services confirms that M&A activity in this space has seen an unprecedented rise since 2017 with a total of 151 acquisitions over the last 6 years. Buoyant M&A activity in Occupancy Analytics highlights the evolving market for digital solutions which support the need for space utilization […]

Simpple IPO & Facilities Management Business Examined
Founded in 2016, in Singapore, Simpple provides solutions for building managers and owners to operate their buildings autonomously through technology. Originally focused on robotic cleaning, the company soon shifted to an integrated software solution that connects IoT devices, robotic solutions, and the workforce, through a single unified platform, enabled by AI. Achieving revenues of $4.8 […]

JLL Workplace Management & Technologies Business 2022 Financials Examined
This Research Note examines two businesses within JLL which offer technical operations and maintenance (O&M) solutions and services for commercial real estate – JLL Workplace Management and JLL Technologies. This article is based on JLL’s 2022 Annual Report, their 2022 investor briefing and transcript and previous Memoori analysis on the company’s technology strategy in the […]

Breaking the Shackles: Overcoming Resistance to Change in Smart Buildings
The commercial building industry has been notoriously slow in its adoption of new smart buildings technologies, struggling with a deep-seated inertia that has seen innovation lag other market verticals. Bound by the shackles of long-established practices and the burden of decades-old infrastructure and systems, it remains highly resistant to disruption. Complex supply chains, entrenched ecosystems, […]

Time For PropTech Startups to Demonstrate Their Value!
“We have just lived through a decade of historically low-interest rates, which has now all but come to a stop. While this has broad sweeping impacts for the economy at large, for venture capitalists this has dramatically increased the opportunity cost of capital for general partners,” says Mike McAra, director at Second Century Ventures and […]

MapsPeople Indoor Mapping Business & 2022 Financials Examined
In this Research Note, we examine MapsPeople, a Danish public company providing indoor mapping and navigation software. This analysis, covering their latest financial results, Go-to-Market strategy and 2023 guidance, is based on press releases, investor presentations and their 2022 Annual Report. This article updates our previous analysis of August 2022. MapsPeople is a SaaS company […]

How Improved Stakeholder Collaboration Leads to More Effective Smart Buildings
A huge range of different parties have both a stake in and a role to play in the delivery of, successful smart building solutions across the life cycle of a building. Each of these stakeholders comes with its own unique set of priorities, goals, and key performance indicators (KPIs). Achieving successful outcomes as part of […]

IoT Market in Smart Commercial Buildings Set to Grow at Over 10% to 2028
Our latest analysis indicates that the Internet of Things market in Smart Commercial Buildings (BIoT) grew to $53.5 billion in 2022, representing a 13% rise from 2021. Performance was slightly down from our forecast of 13.8% for the year due to several factors, including a slower-than-anticipated overall economic recovery, a lack of chipsets, and disrupted […]