Articles

Innovation is critical to technological development and especially impactful in spaces undergoing technological transformation, such as buildings. Innovation is the precursor to the technological breakthroughs that are bringing new value to our increasingly smart indoor spaces through applications that improve efficiency, productivity, and the occupant experience. As green buildings take center stage at the COP26 climate […]

Few publicly listed companies like Johnson Controls International (JCI), present a pure smart buildings product and service offering. Since the 2016 merger with Tyco, and the 2019 sale of its Power Solutions business to BCP Acquisitions LLC for $13.2 billion, the firm is looking to capitalize on macro-trends including decarbonization, post-pandemic focus on healthier buildings, and digital technologies. JCI […]

In this research note, we examine the Buildings business of Siemens, which operates within the Smart Infrastructure (SI) division, based on their Q4 press conference, Capital Markets Day presentations and building technology-related activities throughout 2021. The SI portfolio addresses the complete value chain across buildings and electrification, increasingly growing together at the grid edge. Their smart building […]

In the space of three days this week, two already well-funded Occupancy Analytics companies closed Series C and D rounds, underscoring (in case anyone was in doubt) investor confidence in the move to hybrid working driving demand for digital workplaces. On Monday, California-based Vergesense announced that it had closed a $60m Series C round led […]

While lighting makes up 95% of Acuity Brands Inc revenue (they are now the largest lighting manufacturer in North America) it is their Intelligent Spaces Group (ISG) business segment that focuses on smart buildings technology. In this research note, we examine their recently published 2021 Annual Report. Acuity’s ISG business segment offers building management systems […]

Before the COVID-19 pandemic, the US workforce spent just 5% of their total working time remote from the office. By the spring of 2020, that figure had risen to 60% and remained at a similar level for over a year, according to an April 2021 special report by The Economist. In Europe, 89% of companies now […]

Today Facebook officially rebranded as “Meta” underlining their clear intentions to become a leader in Metaverse development. The term “Metaverse” will no doubt trigger a new era of challenging explanations, potential applications, and endless hype within technological circles, just as we saw with the IoT, the cloud, the internet, or electricity. The term metaverse was […]

Memoori analysis of investments in smart buildings in the last five years finds that of the top 25 multiple investors, the Corporate Venture Capital arm of Schneider Electric leads the ranking. Participating in 28 funding rounds since 2016 to date, SE Ventures is the top investor in the smart buildings space.  Note that the Memoori smart […]