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SmartSpace Software Plc is a UK based provider of workplace management software for smart buildings and commercial spaces. The company is listed on the London Stock Exchange’s AIM market. In this Research Note, we examine the business, based on their trading updates and investor presentation of 17 February 2022 and their workplace management strategy. Revenue for the year ended 31 January 2022 increased 15% on the prior year to £5.3 million. The firm reported continued strong momentum of Annual Recurring Revenue (ARR), which increased 64% year on year to £4.9 million. The three operating companies in the group comprise: Space Connect ‐ SaaS meeting room and desk booking vendor, acquired in October 2019, headquartered in Australia.SwipedOn ‐ SaaS visitor management and desk booking vendor, headquartered in Tauranga, New Zealand, founded in 2013 and acquired in October 2018. Anders & Kern ‐ workspace software and hardware distribution and technical support. Since 2018, SmartSpace has revolved around its buy and build activities for its pure play […]
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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 […]
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 […]
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 […]
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