Smart Buildings

New Partnerships Underline IBM’s Smart Building Ambitions

Last week, KONE, a global company in the elevator and escalator industry, entered into an agreement with tech giant IBM, where KONE will use IBM’s technology and experience to harness the potential of digitalisation and the Internet of Things (IoT) in smart buildings. KONE stated that it “will use IBM’s Watson IoT Cloud Platform to collect and store equipment data, build applications and develop new solutions”. The platform will gather data from sensors and systems connected to elevators, escalators, doors and turnstiles in KONE’s maintenance base. Then, combined with IBM’s advanced analytics engine, that information will be used to enable new services and new experiences for customers. “Our agreement with IBM is exciting and it is an important stepping stone to deliver the best People Flow experience”, says Henrik Ehrnrooth, President & CEO of KONE Corporation. “We operate in a connected world and by working with IBM, new solutions like improved remote diagnostics and predictability […]

Stay ahead of the pack

with the latest independent smart building research and thought leadership.

Have an account? Login

Subscribe Now from just $400 per year per user for Access to Quality Independent Smart Building Research & Analysis!

What Exactly Do you Get?

  • Access to Website Articles and Notes. Unlimited Access to the Library of over 2000 Articles Spanning 10 Years.
  • 10% discount on ALL Memoori Research reports for Subscribers!
  • Industry-leading Analysis Every Week, Direct to your Inbox.
  • AND Cancel at any time
Subscribe Now

Most Popular Articles

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 […]

Smart Building IT Managed Services
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 […]

Subscribe to the Newsletter & get all our Articles & Research Delivered Straight to your Inbox.