In this Research Note, we examine recent investments by building automation players and IT vendors in startups developing edge-to-cloud platforms, which are regarded as critical technology for smart autonomous buildings. In January 2022, Johnson Controls completed the acquisition of FogHorn, a developer of edge-to-cloud AI software for industrial and commercial Internet of Things (IoT) solutions. Their Edge intelligence, combined with cloud-based model building enables secure real-time machine learning to take place at the device level, which means easier access to actionable insights and increased flexibility for customers. Foghorn Systems, founded in 2014, had received around $72.5 million in venture funding from investors including Robert Bosch Venture Capital and Honeywell Ventures, prior to the acquisition. FogHorn’s headquarters in Sunnyvale, California now functions as an “AI Hub” for Johnson Controls. FogHorn software is integrated throughout the Johnson Controls OpenBlue platform embedded within their OpenBlue Bridge data exchange which allows for better applications of intelligence at the edge […]