Smart Buildings

Bringing Small Buildings into the Smart Buildings Market

June 29th, 2022

Building Better Fire Protection with Smart Technology

June 28th, 2022
Smart Buildings

Real Estate Service Firms Continue to Invest in Smart Building Tech in 2022

Acquisitions, partnerships and investments are playing an increasingly important role in implementing strategic goals for major stakeholders in the built environment, particularly in providing access to the range of innovative technologies being developed in the smart buildings space. We have seen a wave of investment by real estate services firms into technology solutions in 2021 with […]

Smart Buildings

Nordomatic Smart Buildings Business Examined

In this Research Note, we examine Nordomatic, the largest independent integrator of open, cloud-based smart building solutions in the Nordic region. This analysis is based on the Nordomatic 2021 Sustainability Report and their strategy to achieve global impact leadership within Smart Buildings by 2025. Founded in 1967 and headquartered in Stockholm, Sweden, Nordomatic reports a turnover of around SEK 1 billion (around $100 million), with almost 600 employees. With a presence in Sweden, Denmark and Norway, the group offers full lifecycle capabilities for its customers – from new project integrations, retrofits and upgrades to aftermarket service and support. Its BMS solutions integrate and manage a building’s heating/cooling, lighting, access control and security as well as fire control.   Nordomatic’s business delivery model is split between: BMS Integration solutions and services: for new buildings or total refurbishments. This represents approximately 45% of total revenues.BMS Upgrade & Service for existing buildings, which represents ca 52% of total revenues.BMS Managed Cloud Services: Internet of Things and Cloud technologies […]

Smart Buildings

View Smart Buildings Business and Financials Examined

In this Research Note, we examine View Inc. (NASDAQ: VIEW), a Silicon Valley-based smart window company founded in 2006. This analysis is based on their 2021 financial results, investor presentations, M&A and their smart buildings strategy.  View, one of the most heavily funded firms in the smart buildings space, acquired unicorn status in November 2018 when it raised a $1.1 billion Series H funding round led by the SoftBank Vision Fund. More recently, the company has been undergoing some turbulence with a misstatement of its financial results to the SEC and the replacement of its CFO, last November 2021. This after going public through a SPAC in March 2021 with CF Finance Acquisition Corp. II, a Special Purpose Acquisition Company sponsored by Cantor Fitzgerald. Founded as Soladigm in Santa Rosa, Calif. and renamed View in 2012, View Smart Windows use artificial intelligence to automatically adjust in response to the sun, eliminating the need for blinds and increasing access to natural light. View is installed and […]

Smart Cities

Big Tech Muscles in on the Workplace Experience Tech Market

You know a market or trend is maturing when the world’s biggest companies start to take interest. Tesla may have led the development of the modern electric vehicle (EV) but we only knew the EV market was here to stay when all major automotive players began to develop their own electric models. For many, Apple’s first-generation iPod in 2001 marks the beginning of the MP3 era for portable music, but the first MP3 players were the Playback Engine and the MPMan, developed by APA and SIS respectively, in 1997. Today, after the disruption of the pandemic, the biggest tech firms are now looking towards the rapidly maturing hybrid workplace market. Microsoft, Google, IBM, and other tech giants have always had a big stake in the workplace market, but work has experienced a monumental disruption that put everything on hold. During the early stages of the pandemic the world debated the future of work, opinions ranged from full-remote workforces to […]

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