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What’s Behind Schneider Electric’s Acquisition of Motivair?
October 18th, 2024EMCOR Building Services Business & Financials Examined 2024
October 17th, 2024
The Impact of AI on Energy Management Software for HVAC Optimization
Artificial Intelligence (AI) and Machine Learning (ML) are playing a big role in the digitization of our commercial buildings. AI leverages advanced computational algorithms, such as neural networks, to enable systems to perceive environmental conditions, learn from data, reason about optimal actions, and interact with building automation systems. “Today, the most advanced HVAC Optimization leverages some form of AI capable of predictive analysis and future forecasting. This represents a proactive approach to energy management, aimed at minimizing waste and maximizing efficiency,” explains our latest research. “The integration of AI in HVAC can offer substantial improvements in energy performance, carbon emissions reduction, and overall operations.” AI for HVAC Optimization Energy management software for HVAC optimization is leveraging AI for a wide range of applications, such as optimized control strategies using trial and error to continuously improve efficiency. New AI innovations are also helping detect and diagnose faults to reduce downtime and maintenance costs, while consumption analysis […]
Urbanise Facilities Management Software Business & FY2024 Financials Examined
In this Research Note, we examine Urbanise, an ASX-listed facilities management software business headquartered in Australia. We focus on their software offerings, FY2024 financial highlights, and FY2025 outlook. Founded in 2001, Urbanise offers solutions for facilities and strata managers. Their cloud-based Software-as-a-Service (SaaS) platforms, Urbanise Strata and Urbanise FM, service the strata and facilities management sectors in Australasia, the Middle East, Europe and South Africa. The company reports 73 employees. Urbanise Software Offerings The Urbanise Strata platform serves strata managers in administering strata schemes and jointly owned properties (think multi-family). The software manages the communications and accounting functions for apartment buildings, strata commercial towers, and large housing communities. The company believes it has substantially completed the development of the Strata Management solution to a level that positions it for compelling competitive leadership in the market. During FY2024 the company continued to increase its customer footprint, particularly with new sales in Australia, where the brand and […]
Amazon Accelerator Startups Pilot Energy Efficiency Solutions
Several smart building startups will trial energy efficiency, HVAC optimization, and energy storage technology across Amazon fulfillment centers and warehouses in Europe after winning funding in this year’s Amazon Sustainability Accelerator (ASA). The 2024 ClimateTech Pilot Challenge has welcomed startups that have moved beyond prototype testing and are working towards generating initial revenue and growing operations (Tech Readiness Level 6 and above). Seven startups in the smart buildings space have been awarded the chance to work on a pilot project directly with parts of Amazon’s business. A typical pilot for emerging technologies could earn them from $50,000 to $2 million, depending on duration and scope, according to the initial announcement in March 2024. Amazon Accelerator Startups BrainBox AI (Canada) BrainBox AI has developed an AI-driven solution that optimizes the efficiency of heating, cooling, and ventilation (HVAC) systems in commercial buildings. This technology enables reductions of up to 25% in associated HVAC energy costs, as well […]
What’s Behind Siemens Acquisition of Danfoss Fire Safety?
This Research Note examines what’s behind the acquisition of Danfoss Fire Safety A/S by Siemens Smart Infrastructure announced on 8th October 2024. We review the transaction details, the strategic rationale, the SEM-SAFE fire protection system, and deployments before assessing how this acquisition fits into Siemens fire safety portfolio. Transaction Details Siemens Smart Infrastructure has agreed to acquire Danfoss Fire Safety, formerly Danfoss Semco, for its Buildings Business Unit. The transaction is subject to regulatory approvals, with closing expected by the end of calendar year 2024. Terms of the transaction are not disclosed. Danfoss Fire Safety is a non-core business of Danfoss Group having fallen outside their strategic focus since 2019. The firm, headquartered in Odense, Denmark employing 125 people, will continue to operate as a separate legal entity, under the banner “A Siemens Business”. Strategic Rationale The acquisition is expected to boost growth and accelerate the transition towards offering a sustainable fire safety portfolio with […]
Energy Management Software for HVAC Optimization Market
In today’s complex commercial real estate landscape, energy management has become a critical focus for asset managers, property managers, and facilities managers. As urbanization accelerates, energy demand grows, and the energy market becomes more volatile, optimizing energy use is no longer just about lowering costs, it has become a key factor in achieving sustainability, resource […]
dormakaba Access Solutions Business & FY2023/24 Financials Examined
In this Research Note, we examine one of the top three companies in the global access solutions market, dormakaba. Based on their FY2023/2024 financial results, year ending 30 June 2024 and their latest corporate presentation, this article highlights their solutions portfolio, financial highlights, and the latest results of their two business segments. dormakaba is listed on the SIX Swiss Exchange and is headquartered in Rümlang, near Zurich, Switzerland. Around 15,000 employees worldwide support a growing customer base in more than 130 countries. dormakaba Solutions Portfolio dormakaba has 4 global divisions in its Access Solutions business segment: Access Automation Solutions offers entrance automation and entrance security. Access Hardware Solutions offers door closers, architectural hardware, and mechanical key systems. Access Control Solutions offers electronic access and data, escape and rescue, and lodging systems. Services offering consulting, planning, implementation, commissioning, and maintenance. The Key & Wall Solutions and OEM business segment offers key systems and movable walls, as well […]
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