Smart Buildings

M&A brings Consolidation & Focus to the Building Performance Software Business

Our report on the Building Performance Software (BPS) business demonstrates that despite some 150 confirmed acquisitions in the last 6 years, the industry has at least 350 established suppliers delivering across 16 different market segments. These segments overlap and cause confusion when building operators are evaluating how they meet their value propositions. This is particularly critical now that the major real estate owners are in the midst of investigating the impact of the Building Internet of Things (BIoT) on their business and they need to know what measures are being made by the BPS industry to meet this challenge. The good news is that our report shows that right across the western world M&A, Investment and Strategic Alliances are bringing together software solutions to meet the BIoT challenge. This is absolutely vital because the data from these software packages will eventually need to be processed by IoT Data Services such as Big Data and Machine […]

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Most Popular Articles

Wattbuy Acquisition Schneider Electric
Smart Buildings

Wattbuy Acquisition Strengthens Schneider Electric’s 2025 Smart Home Strategy

This Research Note examines Schneider Electric’s acquisition of WattBuy, announced in August 2025.  We highlight the startup’s development and strategic rationale of the acquisition before exploring the overall strategy of Schneider Electric in the US residential energy management space. WattBuy Profile Founded in 2017, Bellevue Washington based WattBuy is a software platform that helps consumers […]

Mitsubishi Electric Acquisition Nozomi Networks
Smart Buildings

Mitsubishi Electric’s $883m Nozomi Networks Acquisition Strengthens OT Security Portfolio

This Research Note examines the acquisition of Nozomi Networks announced by Mitsubishi Electric on 9th September 2025. We explore the transaction details and strategic rationale before assessing their Serendie-related digital services businesses and the acquisition’s impact on the Iconics Digital Solutions subsidiary of Mitsubishi Electric. Tranaction Details On 9th September 2025, Nozomi Networks, a US […]

Smart Buildings

Facilio’s Unified Building Operations Strategy: Solid Revenue Growth in 2024

This Research Note examines Facilio, one of 11 startups founded in India gaining traction in the smart buildings space, previously highlighted in our Startups in Smart Buildings Report, published in January 2025. We review their Operations & Maintenance (O&M) platform, disclosed company funding, and unified building operations strategy before providing our own view of this […]

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