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How Tenants & Landlords Can Work Together to Reduce Energy Consumption
November 16th, 2023Unlocking New Use Cases with Integrated Access Control
How have Tech Job Losses Impacted the Smart Buildings Space? Part 2: Workplace Tech
In this Research Note, we examine trends in job losses in the smart buildings startup space. Part 1 of this series covering job losses in the Building IoT and digital twin platforms sector, can be found here. This Part 2 analysis is based on LinkedIn headcount reduction data over the past two years and our own compilation of statistics relating to startups undergoing redundancies, restructuring and downsizing. 10 examples of job losses in the occupancy analytics and workplace experience sector are highlighted. Smart Buildings Job Lossess in Workplace Technology Density Founded in 2014, Density, based in San Francisco, CA, USA provides people counting sensors and an occupancy analytics platform. With total funding of $225 million and a company valuation of $1.05 billion in November 2021, Density was considered as the first Occupancy Analytics unicorn. As of October 2023, Density had 141 employees, a 30% headcount reduction over the last year and an 18% decrease since October 2021. […]
Tracking Cleaning Industry Innovation in Smart Buildings
Few sectors got a bigger boost from the pandemic than the cleaning industry. It felt like one of COVID’s lasting impacts on the world would be an elevated level of hygiene and investment in R&D duly followed by new and established players. Now approaching 2024, we are seeing that investment come to fruition through a range of innovative technologies that have entered the space. In this research note, we track recent potentially disruptive solutions in the cleaning industry. Cleaning Industry: Robotics Building from safety and social distancing foundations, robotics has become a big focus for the cleaning industry. Autonomous robots or collaborative (cobots) mean fewer human workers exposed to fewer infected surfaces, which is a win for employee safety and labor costs. In terms of hygiene, the technology has advanced rapidly in the last few years as investment and demand rose, resulting in a range of new robotic solutions in the cleaning industry. Japan-based Softbank […]
Schneider Electric Capital Markets Day 2023: Key Takeaways for Smart Buildings
Schneider Electric hosted its Annual Capital Markets Day for investors and financial analysts, at the Tottenham Hotspur Stadium in London on 9th November 2023. This Research Note focuses on the French conglomerate’s perspective of its energy management and automation portfolio in the smart commercial buildings market. Key takeaways are highlighted across its offerings and vertical markets. Schneider Electric End Markets Schneider Electric segments its end markets exposure in four verticals: Industry, Buildings, Data Centers and Networks and Infrastructure. The group addresses the Buildings market with a portfolio of products, solutions and services, accounting for 34% of 2022 orders. Schneider Electric is ranked as the number one provider of electrical distribution solutions, present in 1 out of 4 buildings, with primary products such as switchgear, panels and circuit breakers. Note that Residential buildings are included in this end market, with offerings such as the Wiser home automation brand. Schneider Electric Capital Markets Day 2023, Strategy Presentation […]
#Podcast 24: Why Smart Buildings Should Embrace Threat Intelligence!
In our Podcast series “Sh*t You Wish Your Building Did!”, Memoori explores the intersection between technology and commercial real estate through interesting conversations. In Episode #24 of our Podcast, How should professionals responsible for the safety of commercial buildings think about threat intelligence and use it not just to keep people safe but improve operational efficiency? […]
How will Biometric Access Control Impact the Future of Security?
Biometric Access Control has increasingly become a focal point in discussions about secure and efficient identification and authentication. The growing interest has been driven by digital credential trends and the pandemic, as well as ongoing demands for greater security and convenience. Recent advancements in artificial intelligence and machine learning algorithms are raising the accuracy and reliability of all biometric applications, further supporting adoption and market growth. Unlike traditional access control methods that employ smart cards, Radio-Frequency Identification (RFID) devices, or passwords, biometric systems offer a level of security and convenience that is unparalleled in the market. By leveraging our unique biological traits such as fingerprints, facial features, or iris patterns, biometric security essentially transforms your body into the “key” that controls access. You can’t forget your fingerprints at home or leave your face on the train by mistake, making it the ultimate form of access control in many ways. “Biometrics are steadily becoming easier to […]
How have Tech Job Losses Impacted the Smart Buildings Space? Part 1: BIoT Platforms
In this Research Note, we examine trends in job losses in the smart buildings startup space. The analysis is based on LinkedIn headcount reduction data over the past two years and our own compilation of statistics relating to startups undergoing redundancies, restructuring and downsizing. We have highlighted 8 examples of job losses in the BIoT and digital twin platforms sector. Next week, we will cover job losses in Occupancy Analytics and Workplace Experience startups. We have tracked 105 startups, across a representative sample of the diverse businesses operating in the smart buildings space in Europe and North America. Our data relates to a two-year period between October 2021 and October 2023, with an emphasis on headcount reductions in the past year. Smart Buildings Job Losses Summary 37% of companies, (39 startups) tracked have reduced their headcount over the past two years. 16 startups have experienced higher job losses in the past year. Sectors identified as […]
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