Articles
SPIE Unveils Microsoft Fabric Integration: Digital Twin Builder 2025
May 22nd, 2025Trade Tensions in 2025: Smart Building Market Fragmenting?
May 21st, 2025
Beckhoff Predicts Recovery after Posting 33% Decline in 2024 Revenues
In this Research Note, we examine Beckhoff, a German family-owned industrial automation business, and its reaction to a sharp decline in 2024 revenues, announced on 31st March 2025. We also highlight a recent partnership and deployment in its building automation division. This article updates our previous coverage of the company in October 2024. Beckhoff Automation […]

Flowscape Unveils New Market Strategy After 2024 Revenue Decline
In this Research Note, we examine the Swedish workplace management solutions vendor, Flowscape Technology AB, based on their year-end report for 2024, issued on 21st February 2025. This article updates our previous Research Note from May 2024. Flowscape is a SaaS provider of digital workplace solutions for the hybrid office. The business concept was born […]

Samsung Acquires FläktGroup for €1.5Bn in Significant HVAC Deal
This Research Note examines what’s behind the acquisition of FläktGroup, a German HVAC systems provider, by Samsung Electronics, announced on 14th May 2025. We explore the transaction details and strategic rationale before providing our assessment of the respective businesses of both parties, based on recent press releases and Memoori analysis. Transaction Details In May 2025, […]

BIoT Market: The Forces Driving Growth to $101 Billion by 2030
The global market for the Building Internet of Things (BIoT) in commercial buildings is projected to expand from $64.1 billion in 2024 to $101.0 billion in 2030, representing a CAGR of 7.87% over the forecast period under the baseline scenario, according to our latest research. These new forecasts demonstrate the resilience of BIoT development in […]

CXApp Reports Double-Digit Growth in 2024 Recurring Revenue
In this Research Note, we examine the CXApp workplace experience business and 2024 financials, based on their 10-K Report, SEC filings, and investor presentation, dated 3rd April 2025. CXApp Profile In March 2023, KINS Technology Group Inc, a special purpose acquisition corporation sponsored by KINS Capital LLC, announced the successful completion of its previously announced […]

IoT Platforms in 2025: Market Trends Reshaping Commercial Building Technology
As commercial buildings transform into responsive, data-driven environments, IoT platforms have emerged as the critical orchestration layer connecting previously isolated systems into unified networks. Our new report, “IoT Platforms in Smart Commercial Buildings 2025 to 2030,” delivers actionable intelligence on this rapidly evolving ecosystem. Market Growth Accelerated by Converging Drivers The total global market for […]

Legrand Launch Wattstopper i3 Platform Powered by KODE Labs
In this Research Note, we examine what’s behind the launch of Legrand’s Wattstopper i3 platform, “a next-generation lighting and building intelligence solution” powered by KODE Labs, announced on 5th May 2025. We explore the development of Wattstopper digital solutions, strengthened by the Encelium acquisition, before commenting on the respective partners in this collaboration and the […]

Otis Targets 60% Connectivity by 2026: IoT Platform Analyzed
This Research Note examines the digital service offerings of Otis, the world’s leading elevator and escalator manufacturing, installation and service company. We highlight the group’s strategic initiatives in digitalization, including the ONE IoT platform. This article is based on their Investor Day presentation, 2024 Annual Report, an interview with Judy Marks, CEO, 18th April 2025, […]