SPIE Technical Facility Management Business 2024 Examined

April 10th, 2024
Smart Buildings

Infogrid Faces Lawsuit over 2022 Acquisition of Aquicore

April 9th, 2024
IWMS Spacewell Nemetshek 2023
Smart Buildings

Spacewell Smart Buildings Business & Financials 2023 Examined

In this Research Note, we examine Spacewell, part of the Manage segment of Nemetschek, which provides software for the management and operations phase in the building lifecycle. This article is based on their 2023 annual results, investor presentations, Annual Report of the parent company, published on 21st March 2024 and the group’s strategy in the […]

Identiv Vitaprotech Acquisition 2024

What’s Behind Identiv’s Move to Divest Physical Security Business to Vitaprotech?

This Research Note examines what’s behind Identiv’s latest move to divest its physical security business to European security solutions player, Vitaprotech. We review the new IoT business and the transaction details in the context of Identiv’s strategic review and 2023 financial performance, before exploring the implications for Vitaprotech. This article is based on Identiv’s Strategic Review Presentation, 3rd April 2024, 2023 results and supplementary analysis of the Vitaprotech group. New Identiv IoT Business Following a strategic review, Identiv has decided to divest its physical security business and focus on its IoT solutions business which is centred on RFID technology. Identiv Strategic Review Presentation, 3rd April 2024 Identiv expects to realign their growth strategy with a particular focus on healthcare-related segments and other high value-add opportunities for which they believe their technology can be both differentiated and transformational. As the healthcare industry and its providers advance their digital transformation, Identiv’s aim is to ensure that its […]

Belimo 2023

Belimo Building Controls Business & Financials 2023 Examined

In this Research Note, we examine the Belimo Group, based on their 2023 annual report, investor presentations and financial results announced on 4th March 2024 in the building automation field devices sector. This is an update to our previous coverage of Belimo’s growth strategy. Belimo Group, a listed company on the Swiss Stock Exchange, is headquartered in Hinwil, Switzerland with over 2,300 employees. The group is a market leader in field devices for the energy-efficient control of HVAC systems. The focus of their core business is on damper actuators, control valves, sensors and meters. Belimo Financial Highlights 2023 Belimo Media and Financial Analysts Conference Presentation, 4th March 2024 The company reported that Belimo pursued its long-term growth and investment strategy successfully throughout 2023. The most significant challenges came from a demanding economic environment leading to a slowdown of business momentum in the construction industry. Nevertheless, Belimo saw net sales grow 7.2% in local currencies and […]

Synectics Security Surveillance

Synectics Electronic Security Business & 2023 Financials Examined

In this Research Note, we examine Synectics plc, the listed UK provider of large-scale electronic security systems for critical and regulated environments. This article is based on their Annual Results, year ending 30 November 2023 announced on 27th February 2024, an InvestorMeet presentation on 29th February 2024, Annual Report 2023, and supplementary analysis. Based in Sheffield, UK, Synectics positions itself as a security and surveillance technology provider for specialist core markets, including gaming, oil and gas, public space, transport and critical infrastructure: In the gaming sector, Synectics’ software monitors and records over 150,000 channels in around 100 casino properties around the world. In the oil and gas sector, over the past decade, the company has supplied more than 10,000 COEX explosion-protected camera stations, safeguarding refineries, pipelines, offshore vessels and platforms for the likes of Saudi Aramco and Shell. In the transport sector, the Company delivers solutions for providers such as Deutsche Bahn, Stagecoach and Irish […]

Net Zero Buildings Timber IHS

Net Zero Buildings Explored: International House Sydney, Australia

As the first timber structure of its scale in Australia, International House Sydney (IHS) occupies an important position in the nation’s architectural history. Completed in mid-2017, IHS gained a 6 Star Green Star for office design and achieved As Built (v3) rating, alongside many other awards for design, operation, and especially embodied carbon. The six-story office building offering street-level mixed-use retail, has become a pioneer of net zero buildings within a pioneering district for Australia as a whole. Located in Sydney’s famous central business district, Barangaroo, IHS was created in an environment of district-level sustainability commitments that underlined all project decisions. Beyond sustainability, the building has become an iconic part of Barangaroo by developing a unique character of “authenticity” through its bold, exposed, and stripped timber elements throughout the internal and external structure. This sustainable look highlights green intentions but also improves occupant comfort and well-being through biophilic effects. The development was driven by global […]

Neuron Digital Group
Smart Buildings

Neuron Digital Gains Momentum in Meeting Hong Kong’s Building Digitalization Demand

In this Research Note, we explore one of China’s emerging startups in the smart buildings space. Incubated by Arup and with seed investment from Venturous Group, Neuron Digital is gaining momentum as it meets Hong Kong’s demand for building digitalization. Neuron Digital Established Neuron Digital is a joint venture between Arup, a leading built environment consultant, and Venturous Group, a Chinese investor, business builder, and operator of smart city technology and infrastructure companies. In 2021, Venturous Group invested in a Neuron Digital seed round, after being incubated by Arup. Neuron continues to work in close collaboration with Arup to broaden its service offerings for the built environment. The company was launched and fully operational in April 2022. Headquartered in Hong Kong, Neuron offers a full-stack digital platform optimized for buildings. The open cloud-based integrated technology platform with digital twin, AI, and big data capabilities aims to reduce energy costs by up to 15% to 30% […]

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