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, is intended as a non-exhaustive indicator of JCI’s strategic direction between January 2020 and September 2022.  Part 1, can be found here – https://memoori.com/mapping-the-strategic-direction-of-johnson-controls/ The commentary below relates to business relationships established in 2022.  Venture Capital Investments In the last year, JCI Ventures, the corporate venture arm of Johnson Controls, has been ramping up investments. The most recent deal was participation in a $25 million Series A round for Alcatraz AI announced in September 2022. The US-Bulgarian company offers autonomous access control using 3D facial authentication and AI to create safe spaces. In essence, Alcatraz AI replaces the need for badges and security guards as an identification […]

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