Smart Buildings

Startups are Playing a Crucial Role in Smart Building Innovation!

This article was written by Daphne Tomlinson of Tomlinson Business Research. Memoori’s brand new report entitled Startups and Their Impact on Smart Buildings 2017 highlights the critical contribution that Startups are making to the introduction of innovation in the Smart Buildings space. We define a startup as: a private company formed no earlier than 2008 that is focused on the commercial and industrial buildings market, is not a subsidiary or an acquisition of a larger company and is often financed by venture capital or private equity funding. Over the last nine years, a plethora of venture-backed startup companies have targeted commercial and industrial building owners and operators with technology offerings aimed not just at reducing energy costs, but also improving facility management efficiency and real estate operations, increasing the performance of physical security and safety in buildings and offering smart building to smart grid applications. More recently, the Internet of Things is starting to have […]

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