Smart Buildings

Matterport’s Business & 2021 Financials Examined

In this Research Note, we examine Matterport, the spatial data company digitizing the built world, based on investor presentations, 10K Annual Report and press releases. Since its founding in 2011, Matterport, headquartered in Sunnyvale, California, has been a first mover in digitizing, accessing and managing buildings and spaces, with their 3D capture technology and AI-powered insights. Their platform uses spatial data collected from a wide variety of digital capture devices to create dimensionally accurate, photorealistic digital twins that provide their subscribers with access to previously unavailable building information and insights. These immersive Matterport digital twins should improve various parts of the building lifecycle from planning, construction, and operations to documentation, appraisal and marketing. The company, which initially sold 3D cameras, has since expanded its services to capturing 360-degree images for diverse stakeholders across the built world. The Matterport platform is designed to work with a wide range of LiDAR, spherical, 3D and 360 cameras, as well as smartphones, to […]

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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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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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