Smart Buildings

The March Towards Data-Driven Commercial Buildings Increases Pace

The global market for Big Data software & services in Smart Commercial buildings is experiencing robust growth, rising from $15.6Bn by the end of 2018 to $35.8Bn by 2023, representing a CAGR of 18%. Our new research report is an objective assessment of the market for Big Data Software & Services in Smart Commercial Buildings. Growth in the commercial office sector is still largely untapped, with the majority of investments only focused on minimizing operational costs and energy expenditure. Productivity and occupant experience related investments will drive future market growth in this segment, with significant market spending also projected in relation to a variety of predictive analytics, AI and machine learning initiatives. The Internet of Things in Buildings (BIoT) is becoming increasingly complex for both vendors and end users to navigate. Few (if any) organizations have the expertise in both IT and OT domains to thoroughly dominate the landscape. So it is becoming important for […]

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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 […]

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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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Smart Buildings

IT Managed Services: The New Blueprint for Smart Building Success in 2025?

Commercial buildings are rapidly becoming software-defined assets. Cloud-based IoT platforms, expanding sensor networks and data-hungry applications are reshaping everything from HVAC and lighting to space utilization and tenant services. This digital shift promises measurable gains in sustainability and efficiency, but it also raises the stakes for networking, cybersecurity and lifecycle operations. What part will IT […]

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