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As COVID-19 cases rose and lockdown measures came into effect around the world, commercial building occupancy dropped dramatically, from 100% to almost zero in the space of a week in many places. Many might expect near-zero occupancy to mean near-zero energy consumption, but new data reveals that this is not the case. In fact, many offices, shopping malls, and entertainment complexes are consuming 80% or more of their usual full-occupancy energy levels, highlighting huge cost implications for businesses, building owners, and the environment. In the UK, energy performance consultants Carbon Intelligence revealed that energy use across a sample of 300 office, hotels, and retail buildings dropped on average by just 16% in the last week of March, when the government mandated that people socially distance, avoid travel, and work from home. Despite the UK’s strict social distancing measures preventing all non-essential staff from entering these buildings, the worst 10% of buildings still used approximately 97% […]
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In this Research Note, we examine UrbanChain, a Manchester, UK-based startup recently named the 3rd fastest-growing UK technology company by Deloitte. The company is positioned as a provider of peer-to-peer energy services, enabling the rollout of renewable energy in commercial and industrial facilities to happen much faster. We review the company’s growth, external funding, and […]
In this Research Note, we examine Wavelynx Technologies, a Broomfield, Colorado-based vendor providing mobile-first identity and access control solutions. We take an in-depth look at the origins of the firm, its product portfolio, ownership, growth, regional expansion, and recent partnerships. Wavelynx Origins Wavelynx Technologies was founded in 2013 by Hugo Wendling, who had co-founded XceedID […]
In this Research Note, we examine Bueno Analytics, an Australian startup providing building analytics software supporting decarbonization. We review the firm’s development since its founding, its software suite, key deployments, external funding, and recent growth. Bueno Analytics Profile Founded in 2013 by Leon Wurfel, Built Environment Optimisation Pty Ltd., trading as Bueno Analytics, is headquartered […]
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