This Research Note examines the emerging strategic priorities of Johnson Controls (JCI) in the smart buildings space. We have mapped acquisitions, divestments, strategic partnerships, and investment activity to ascertain the growth ambitions of the group, by categorizing the various business relationships by technology and investment type. This article is intended as a non-exhaustive indicator of JCI’s strategic direction between October 2022 and August 2024, updating our September 2022 analysis, Part 1 and Part 2. Strategy Mapping of Johnson Controls Smart Buildings Business We have highlighted below some of the business moves made by JCI, which are displayed on this graphic. BIoT Platforms, Digital Twin, Decarbonization In January 2024, Artisight, a platform developed by a Chicago-based startup founded in 2017, raised $42 million in an oversubscribed Series B funding round, backed by JCI Ventures. Memoori analyzed the Artisight investment in July 2022, which will complement Johnson Controls’ suite of connected solutions for healthcare facilities offered by […]
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