Smart Buildings

Combining Bricks and Bytes in ABB’s Smart Buildings Division

In this Research Note, we examine the Smart Buildings Division of ABB, based on their activities throughout 2021, updating our previous article, ABB Ramps Up its Mid-Market Commercial Building Automation Business, which highlighted their acquisition of Cylon.  The Smart Buildings Division offers a broad portfolio of home and building automation solutions as well as a portfolio of electrical distribution systems and products. The division, one of 6 business units of the $13.2 billion Electrification segment of ABB, reports revenues in the range of $2,750 to $3,250 million for 2021. Mike Mustapha recently took over as President of the division. ABB views its Smart Buildings division as a high-growth segment with a focus on expanding its portfolio for commercial buildings through innovation with digital building management systems and bolt-on acquisitions. Their portfolio of building and energy management systems includes Cylon’s Active Energy solution, rebranded to ABB Ability Building Ecosystem, i-bus KNX intelligent building control systems and ABB's Aspect IBMS (Integrated Building Management Solutions). To support […]

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Smart Buildings

Nordomatic Smart Buildings Business Examined

In this Research Note, we examine Nordomatic, the largest independent integrator of open, cloud-based smart building solutions in the Nordic region. This analysis is based on the Nordomatic 2021 Sustainability Report and their strategy to achieve global impact leadership within Smart Buildings by 2025. Founded in 1967 and headquartered in Stockholm, Sweden, Nordomatic reports a turnover of around SEK 1 billion (around $100 […]

Smart Buildings

View Smart Buildings Business and Financials Examined

In this Research Note, we examine View Inc. (NASDAQ: VIEW), a Silicon Valley-based smart window company founded in 2006. This analysis is based on their 2021 financial results, investor presentations, M&A and their smart buildings strategy.  View, one of the most heavily funded firms in the smart buildings space, acquired unicorn status in November 2018 when it raised a $1.1 billion Series […]

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