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This article was written by Daphne Tomlinson, Independent Senior Research Associate at Memoori. Commercial HVAC equipment manufacturers in the North American market are competing head-on with building controls vendors by offering factory installed embedded controllers in their HVAC equipment. These solutions offer customers an alternative to the traditional building management approach supported by external controls contractors and building automation systems (BAS). Advanced sensors, IoT, machine learning and data analytics have enabled chillers, VRF and rooftop units to be controlled more efficiently than previously possible. Connectivity also allows HVAC equipment to be accessed and controlled remotely, via the cloud. The digital commercial buildings space is a crowded market with a range of smart connected equipment and service providers including the major HVAC equipment players, building controls firms, IT companies, not to mention specialist vendors and startup companies. The leading commercial HVAC equipment suppliers (Carrier, Daikin, Trane, Johnson Controls/York) have been expanding their portfolios beyond equipment to […]
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This Research Note explores what’s behind Yardi Systems’ recent acquisitions of Hubble and Deskpass in the coworking sector. We focus on Yardi’s strategic rationale for acquiring these two firms, the company’s prior acquisitions in the sector, and the current state of coworking in the office market. Yardi Profile Founded in 1984 by Anant Yardi and […]
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 […]
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