Smart Buildings

The Influence of New Entrants on the Smart Buildings Landscape

This article was written by Daphne Tomlinson, Independent Senior Research Associate at Memoori. New entrants are exerting their influence on the smart buildings space in several areas – in the number and diversity of startups, the increase in investments, acquisitions and partnerships and the shift in focus to solutions aimed at building occupants. Memoori’s new report on Startups and Their Impact on Smart Buildings 2019 demonstrates how new entrants are changing the smart buildings landscape. In the report, we define a startup as a private company formed no earlier than 2009 that is focused on the commercial and industrial buildings market, is not a subsidiary or an acquisition of a larger company nor listed on any major stock exchange and is often financed by venture capital or private equity funding. With over 600 active new entrants in the smart commercial buildings sector, including those who have been acquired or taken the IPO route since 2009, […]

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