Smart Buildings

Digital Workplace Vendor Flowscape Achieves Strong Recurring Revenues in 2021

Flowscape Technology AB, a Stockholm-based listed company registered on the Swedish Spotlight Stock Market, is a provider of space booking software and hardware with revenues under $10 million. In this Research Note, we examine the business, based on their trading updates, investor presentations, and workplace management strategy. Flowscape, founded in 2011 has developed a system for optimizing office space as well as increasing employee efficiency and well-being. Their solution uses IoT sensors and indoor positioning technology to create a SaaS solution for smart offices, which includes room booking, desk booking, planning the week at the office, colleague finding, space utilization analytics and internal communication.  Company strategy during 2021 has been to increase software sales, which enable annual recurring revenue, and to reduce the proportion of hardware and non-recurring revenue for higher and long-term stable growth. As a result, the company's total recurring license revenues increased by 49%. However, the decrease in non-recurring sales of hardware meant that total net sales in 2021 did not […]

Stay ahead of the pack

with the latest independent smart building research and thought leadership.

Have an account? Login

Subscribe Now for just $180 USD per year per user ( just $15 USD per month) for Access to Quality Independent Smart Building Analysis!

What Exactly Do you Get?

  • Read every article published in full and get unlimited access to our archive of over 1,400 articles.
  • 10% discount on ALL Memoori Research reports for Subscribers! So if you only buy ONE report you will get your subscription fee back!
  • Industry-leading Analysis Every Week, Direct to your Inbox.
  • AND Cancel at any time
Subscribe Now

Most Popular Articles

Security

Mapping the Strategic Direction of ADT Security

In this research note, we map the strategic direction of US security alarms and monitoring services provider ADT. This analysis focuses on the acquisition, investment and partnership moves they have made in Smart Home, Mobility and Connectivity / Cyber Security. ADT Reported revenues of $5.3 billion in 2021, They met or exceeded guidance from the […]

Smart Buildings

Smart Buildings Are Being Forced into a Cyber AI Arms Race

Cyber-attacks now rank alongside natural disasters and climate change as one of humanity’s top ten risks globally, according to the World Economic Forum. Like pandemics and global economic crises, a wide range of buildings, businesses, public services, and almost every facet of society is at risk after the widespread proliferation of connected technologies, such as the […]

Smart Buildings

Mapping the Strategic Direction of Johnson Controls – Part 1

This Research Note examines the emerging strategic priorities of Johnson Controls (JCI) in the smart buildings space. We have mapped acquisitions, divestments, strategic partnerships and investment activity to ascertain the growth ambitions of the group, by categorizing the various business relationships by technology and investment type over a 3-year period. This article, part 1 of a 2-part analysis, is intended […]

Subscribe to the Newsletter & get all our Articles & Research Delivered Straight to your Inbox.

    1. Please enter a valid email

    2. Please enter your name

      Please enter company name

    3. By signing up you agree to our privacy policy