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The Physical Security Industry has undergone significant structural changes in the last 3 years and this has accelerated in 2012 driven by the need to combat the worst trading conditions for decades. The structure of the business has morphed not just to compensate or accommodate; but also to meet and beat challenges and deliver growth. Does Size Matter? Our 2012 Annual Report (http://memoori.com/physical-security-2012) shows that both the middle strata and smaller companies have increased their share of the market. The minnows are taking on the sharks and winning, both through the development of leading edge products and growth through acquisition and alliances. But the main driver is that they are developing innovative products in alliances with their channel partners to deliver products and systems that are transforming the security industry from a cost centre to a cash generator. The major traditional conglomerates have in the past maintained and/or increased their share through acquisition but in […]
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This Research Note examines 75F, a Minnesota-based provider of IoT building management systems. We highlight their product portfolio, deployments, regional expansion, external funding, and partnerships with established HVAC and building automation firms. 75F Profile Founded by CEO Deepinder Singh in 2012, 75F delivers AI-driven HVAC automation based on sensors and controls. Unlike traditional building management […]
This Research Note examines the announcement of a new Honeywell Automation public company which will be formed from the spinoff of Building Automation (BA) and Industrial Automation (IA) businesses, reported in their Q4-2024 earnings call, on 6th February 2025. We also review the FY 2024 results and outlook for the Building Automation segment, highlighting its […]
In this Research Note, we examine the commercial HVAC business of Trane Technologies. This article is based on the announcement of their Q4 and full-year 2024 results, investor presentation, and transcript of 30th January 2025. We also highlight the progress of Trane’s digital building services through connected buildings and assets, its recent acquisitions, and its […]
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