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This Research Note examines Smartvatten, a Finnish specialist in water efficiency technology in Northern Europe which currently monitors, measures, and analyzes the water consumption of 7,500 companies in more than 20,000 properties and 200,000 apartments in 36 countries. Established in 2013, Smartvatten, formerly known as Envera, has grown from a small Finnish company providing energy certificates to a hardware-enabled SaaS company providing algorithm-based software analysis of water consumption data. They take data from mechanical, digital, and IoT-enabled water meters in a cloud environment to identify consumption patterns and detect leakages. The company has more than 120 employees in 8 countries and offices in Finland, Sweden, Norway, Denmark, the Netherlands, and Germany. Smartvatten at The Squaire, Frankfurt am Main Smartvatten Norvestor Ownership In February 2021, Norvestor, a leading private equity firm focusing on mid-market buyouts in the Nordic region, acquired a 60% majority stake in Smartvatten. Since then; Revenue has grown from EUR 4 million in […]

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 28, we were joined by Zane Mansha from UK Smart Buildings Master System Integrator, Vanti. Zane describes himself as a ‘Realist Technophile’, having a love for technology but grounded in wanting to deliver real-world outcomes. We dig into the benefits of having this perspective on technology in the commercial building industry. Zane shared his thoughts on the current ‘state of technology’ in commercial buildings and the issues around translating complex user requirements into smart building technical designs. Don’t forget you can now Subscribe to ALL our Podcasts on Soundcloud, iTunes, YouTube, and Spotify. Transcript of ‘The Realist Technophile Perspective on Smart Buildings!’ James: Zane welcome to the podcast, really pleased to have you here today. Zane: Hi James yeah nice to be here thanks for the invite yeah. James: Of course um I’m really interested […]

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 […]

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 […]