Smart Buildings

Leading Building Automation Players Invest in Occupancy Analytics

In this Research Note, we examine two strategic investments in workplace occupancy sensing and analytics platforms by leading building automation incumbent players, Carrier Global Corporation and Johnson Controls. Sensors and sensing platforms in the commercial office space are technology solutions being adopted for occupancy analytics, people counting and location services. As a result of the adoption of revised working styles such as flexible working and hybrid working for office employees during and after the COVID-19 pandemic, workspace management tools and real-time occupancy data are needed more than ever, to ensure that decision-making around future commercial real estate strategies is grounded in reality. Founded in 2019, Butlr, a Burlingame, California-based MIT Media Lab spinout developing sensors that use body heat to estimate office occupancy, raised $20 million in a Series A round with participation from Carrier Global Corporation through its newly established corporate venture capital unit, Carrier Ventures.  “Butlr’s technology, when integrated with the Abound cloud-based digital platform, will present building owners and […]

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Most Popular Articles

Security

Mapping the Strategic Direction of Johnson Controls – Part 2

This Research Note examines the emerging strategic priorities of Johnson Controls (JCI) in physical and cyber security. 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 2 of a 2-part analysis, […]

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 […]

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