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Since the Indian government announced their 100 Smart Cities Mission in 2015, industry media channels have been flooded with news on the latest city selected and the next technology to be implemented. Other populous developing countries, like Egypt and Indonesia, are now following India’s smart cities policy with ambitious projects at their own scale, each striving for advanced urban development when much of their population lacks basic services. Smart cities have the capacity to improve basic services and develop advanced applications at the same time, while fostering equality and economic development but, as the first Indian cities reach their five-year smart renovation, many reports find more failures than successes from the ambitious initiative. As much as 49% of 5,196 projects for which work orders were issued across the 100 smart cities remain unfinished, as per government data, while in the 33 cities which have ended their five-year duration, 42% of projects are incomplete, according to Business […]
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In this Research Note, we examine Urbanise, an ASX-listed facilities management software business headquartered in Australia. We focus on their software offerings, FY2024 financial highlights, and FY2025 outlook. Founded in 2001, Urbanise offers solutions for facilities and strata managers. Their cloud-based Software-as-a-Service (SaaS) platforms, Urbanise Strata and Urbanise FM, service the strata and facilities management […]
Several smart building startups will trial energy efficiency, HVAC optimization, and energy storage technology across Amazon fulfillment centers and warehouses in Europe after winning funding in this year’s Amazon Sustainability Accelerator (ASA). The 2024 ClimateTech Pilot Challenge has welcomed startups that have moved beyond prototype testing and are working towards generating initial revenue and growing […]
This Research Note examines what’s behind the acquisition of Danfoss Fire Safety A/S by Siemens Smart Infrastructure announced on 8th October 2024. We review the transaction details, the strategic rationale, the SEM-SAFE fire protection system, and deployments before assessing how this acquisition fits into Siemens fire safety portfolio. Transaction Details Siemens Smart Infrastructure has agreed […]
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