Articles

This Research Note examines the progress of Siemens Buildings business in establishing the Siemens Xcelerator open ecosystem for its Building X suite, a year on from the launch of their software, open platform and co-innovation strategy. The Building X smart buildings SaaS software suite was launched in June 2022 by the Buildings business of Siemens […]

Of the one million or so buildings in New York City, 314 have over 40 stories and are considered skyscrapers but more than 14,500 are over the six-story threshold to require a physical inspection of their facade every five years. With the growth of tall buildings around the world, especially in Asian and Middle Eastern […]

In this Research Note, we examine SmartRent, a smart home technology company focused on rental housing in the U.S. Our analysis is based on their FY2022 annual results and investor presentations. Founded in 2017, SmartRent, Inc. is an Arizona-based provider of a smart home technology platform for property owners, managers, developers, homebuilders and residents.  Their […]

This Research Note examines Jooxter, a French workplace management startup and its May 2023 acquisition of Wx Solutions, part of Sodexo Group. Founded in the Nord de France region at Euratechnologies in 2014, Lille-based Jooxter is a provider of a SaaS workplace management platform that enables employees and their managers to work more efficiently. It […]

Apps have become so integrated into our daily lives over the past 15 years it is easy to forget what life was like before them or underestimate the influence they have today. Apps have quickly moved beyond the games, media, and social purposes that dominated early years to take on critical aspects in our lives, […]

In this Research Note, we examine Azbil, a Japanese public company with a leading position in the domestic building automation market. Our analysis is based on their FY2022 annual results, year ending 31st March 2023 and investor presentations. The Building Automation (BA) business, the largest of three business units, accounts for 46% of consolidated net […]

In this Research Note, we examine what’s behind Carel’s acquisition of a majority stake in Kiona, a Norwegian Saas player in building management, energy management and refrigeration management. Our article is based on Carel investor presentations and reports from the seller, Swedish private equity firm Summa Equity. Carel Industries SpA is an Italian public company […]

Underlining the growing importance of the workplace within building automation, smart buildings giant Johnson Controls acquired workplace management technology firm FM:Systems last week for an initial price of $455 million. This adds to a growing trend by major players in the building automation market who are seeking to increase the level of integration between integrated […]