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In our Podcast series “Sh*t You Wish Your Building Did!”, Memoori explores the intersection between technology and commercial buildings through interesting conversations. For Episode 32, we were joined by Mazen Jamal for an in-depth discussion on the business case for indoor air quality. A whole body of scientific research now shows that CO2 levels impact […]

An industry that has gradually been growing its influence in the smart buildings market is telecoms, or information and communications technology (ICT). As connectivity specialists, many of the world’s major ICT firms have been utilizing their scale and expertise to gain a foothold in burgeoning markets, including smart buildings, cities, and grids. Telecoms player’s potential role in smart building technology was hyped up during the decade between 4G and the eventual release of 5G technology when the potential for 5G to take over the indoor wireless data market was considered. While that did not fully materialize, the telecom industry has still been busy leveraging its connectivity infrastructure to take a share of the smart buildings market. Almost all major ICT firms have a foot in the door to the smart building market, whether that is a comprehensive suite of proptech services, or a portfolio of smart building partnerships. In this article, we take a look […]

This research note examines Honeywell’s emerging strategic priorities in smart buildings. We have mapped the acquisitions, strategic partnerships, investment activity, and divestments of the business to ascertain their growth ambitions, by categorizing the various relationships and deals by technology and investment type over recent years. This analysis is intended as a non-exhaustive indicator of their strategic direction in the smart buildings sector between November 2022 and June 2024, updating our previous Research Note published from November 2022. Strategy Map of Honeywell Smart Buildings Business Access Control, Emergency Response, Gas Detection In December 2023, Honeywell announced plans to enhance and strengthen its building automation capabilities with the acquisition of Carrier Global Corporation’s Global Access Solutions business for $4.95 billion, in an all-cash transaction. See our Research Note examining their strategy update and the transaction. The acquisition brings three established brands to their portfolio: LenelS2, a specialist in commercial and enterprise access solutions; Onity, which offers electronic […]

This Research Note examines what’s behind Bosch Building Technologies’ acquisition of DMS AG, a German systems integrator for building and factory automation. We profile the acquired company and highlight the strategic rationale of the transaction, the growth strategy of Bosch Building Technologies division, and its divestment plans. DMS AG Profile Founded in 1981, DMS Digitale Mess- und Steuersysteme AG, headquartered in Ettlingen, Germany offers manufacturer-neutral systems integration solutions and services in the areas of building, industrial, process, and room automation as well as building energy management. The company offers a range of services, including control cabinet and switchgear construction, electrical installation, and cabling work, right up to complete engineering from a single source.  While most of their projects take place in Europe, their Chinese subsidiary, DMS Automation Technology (Suzhou) Co. Ltd., undertakes projects in China, Thailand and Vietnam. Their latest company accounts for year ending 30 September 2022 report 57 employees and a revenue increase […]