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Smart Buildings

SmartVatten’s Growth as a Water Efficiency Tech Provider Explored

March 18th, 2024
Smart Buildings

#Podcast 28: The ‘Realist Technophile’ Perspective on Smart Buildings!

alarm.com for business
Security

Alarm.com Connected Property Business & 2023 Financials Examined

In this Research Note, we examine Alarm.com, a US provider of physical security, intelligent automation, and energy management solutions for smart homes and commercial real estate. This analysis highlights their 2023 financial results announced on 22nd February 2024, business model, strategy and M&A, based on their 2023 10K Report, investor presentations, and news throughout the […]

Delta Group Strategy Mapping
Smart Buildings

Mapping Delta Group’s Strategic Direction in Smart Buildings

This Research Note examines the emerging strategic priorities of Delta Group in the smart commercial buildings space. We have mapped M&A, strategic partnerships, and investment activity to ascertain the growth ambitions of the business, by categorizing the various business relationships by technology and investment type. This article is intended as a non-exhaustive indicator of Delta’s strategic direction between 2016 and 2023. With brands including Amerlux, Delta Controls, LOYTEC, March Networks, and VIVOTEK, Delta’s building automation solutions focus on LED high-end lighting, building management control systems, and smart security surveillance. The building automation sector has been identified as a key pillar of Delta’s growth strategy which has resulted in a series of acquisitions over the last 8 years. In total, our strategy mapping exercise highlights 6 acquisitions and 2 strategic partnerships. Delta Controls Founded in 1980 in Surrey, BC, Canada, Delta Controls provides global building automation solutions through its network of partners in 80+ countries. Acquired by […]

Artificial Intelligence in Commercial Buildings
Smart Buildings

Charting the Rise of Artificial Intelligence in Commercial Buildings

The global artificial intelligence (AI) market for commercial buildings is being driven by advancements in machine learning, data availability, and computing power, according to our latest AI market research. Our meta-analysis forecasts that the broader Artificial Intelligence market is predicted to reach over $500 billion globally by 2026, representing a 20.9% compound annual growth rate between 2023 and 2026. This accelerating growth demonstrates that Artificial Intelligence is moving past the hype and is now driven by real-world results. According to a Moore Global survey on AI adoption, companies identified as the fastest AI adopters realized 15% average annual revenue growth from 2019 to 2023. This figure stands at more than double the rate of firms that were slow to invest in AI over the same period. “Today’s buildings are transitioning from rules-based analytics relying on predefined thresholds towards AI-enabled predictive machine learning models and ultimately more advanced adaptive systems,” reads our new report. “This progression […]

Bemsiq Results 2023 & Eelectron Acquisition
Energy

Bemsiq Building Automation Business & 2023 Financials Examined

In this Research Note, we examine the Bemsiq AB business, based on their 2023 financials, investor presentations, annual report of their parent company and the development of their buy and build strategy. For a detailed review of their building automation brands, see our previous article in September 2023. Bemsiq, with headquarters in Gothenburg, Sweden, consists of a group of 7 companies and 519 employees providing building automation field devices including HVAC sensors, transmitters, and room controllers (78% of 2022 revenues) and energy metering products, including gateways, communication modules and IoT sensors. The group is a separate business area within Investment AB Latour, the listed Swedish mixed investment group. Bemsiq 2023 Financials Bemsiq reported 2023 revenues of SEK 1,583 million (around USD $151 million), a 7.3% increase in organic growth versus the prior year, and an operating margin of 23.1%. Latour Group 2023 Results Presentation, 12 February 2024 Eelectron Spa Acquisition On 15th January 2024, Investment […]

Complimentary Article Artificial Intelligence Market Commercial Buildings
Smart Buildings

The Artificial Intelligence Market in Commercial Buildings

Here is the recording and presentation from last’s week livestream discussing our new research which explores the growing role that Artificial Intelligence is playing within commercial buildings. Our new market analysis looks at the progress that has occurred both in the capabilities of Artificial Intelligence broadly and its specialized applications enabling smarter, more sustainable, and […]

Tango Acquires Locatee
Smart Buildings

More Consolidation in Workplace Analytics as Tango Acquires Locatee

This Research Note examines the recent Tango announcement that it has acquired Locatee, a Swiss workplace analytics firm. We assess the portfolio and acquisitions of US-based facilities management software firm, Tango Analytics, the rationale for the Locatee deal, and our forecast for the occupancy analytics market in 2024 and beyond. This transaction continues the consolidation trend exemplified by our coverage of 2023 workplace technology acquisitions and following on from Hubstar’s acquisition of Relogix in January 2024. Tango Founded in 2008 and based in Dallas, Texas, Tango offers Store Lifecycle Management and Integrated Workplace Management System software, delivering a single solution spanning real estate, design & construction, lease administration & accounting, facilities, desk booking, visitor and space management. LinkedIn reports 233 employees. Tango secured an equity investment from Berkshire Partners in December 2021 to extend the company’s position in the real estate and facilities management software market and accelerate both U.S. and international growth. Since then, […]

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