Smart Buildings

Legrand Building Infrastructure Business & 2024 Financials Examined

In this Research Note, we examine Legrand Group, from the perspective of its 2024 financial results reported on 13th February 2025. We highlight the group’s strategic roadmap, its focus on data centers, energy transition products, and acquisitions based on investor presentations, including their Capital Markets Day in September 2024. Legrand Profile Legrand, a French public company, positions itself as a global specialist in electrical and digital building infrastructure, with the largest product offering on the market. Legrand offers a wide range of more than 300,000 products and solutions in over 100 product families. As a giant in profitable niches, Legrand leads as the number 1 or number 2 player in product areas such as wiring devices, emergency lighting, architectural lighting and door entry systems. 2024 Financial Highlights In 2024, sales were up a total of +2.8% from 2023, at €8,648.9 million. In a building market that remained depressed in many geographies, organic growth in sales […]

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Smart Buildings

Siemens Buildings Accelerates Growth in Digital Software & Services 2025

In this Research Note, we examine the Buildings business of Siemens, which operates within the Smart Infrastructure (SI) division, based on their Q4 earnings release and investor presentations of 13th November 2025 and the Capital Market Day presentation in December 2024. This article focuses on the latest financial results, divisional revenue mix and acquisitions, followed […]

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Podcast 41: Exposed to Secured – MetroNational’s Cybersecurity Journey!

MetroNational’s cybersecurity transformation offers a valuable lesson in getting smart building fundamentals right. In episode 41 of the podcast, Tearle Whitson (VP of Operational Technology at MetroNational) and Rob Murchison (CEO of Intelligent Buildings, LLC) share the lessons from securing a 10 million square foot mixed-use portfolio in West Houston. Like many successful real estate […]

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The physical access control (PACS) market is continuing its transformation from a hardware-centric business focused on locks, card readers, and control panels to a software-driven ecosystem. Cloud platforms, mobile credentials, and artificial intelligence are redefining how organizations manage security, workplace operations, and building intelligence. This transformation represents both significant opportunities and competitive threats across the […]

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