Access Control
Portfolio Transformation at Carrier with Acquisition of Viessmann & Exit of Fire & Security Businesses
April 26th, 2023iLOQ Digital Access Management Business & 2022 Financials Examined
April 24th, 2023
3.25 Billion Connected Devices in Smart Commercial Buildings by 2028
Our new research into connected devices in commercial real estate focuses on the installed base of IoT devices. It provides a completely fresh assessment of the industry based on the latest information. Memoori estimates that the number of IoT connected devices installed in commercial smart buildings reached over 1.5 billion in 2022. This represents around […]

Canon Video Surveillance Business 2022 & Growth Strategy Examined
In this Research Note, we examine the Canon video surveillance businesses, incorporating Canon and Axis Communications network cameras, Milestone video management software, Arcules cloud services and BriefCam video analytics software. This analysis is based on the parent company 2022 financial results, investor presentations, Corporate Strategy conference 6th March 2023, Axis 2022 Sustainability Report, 29th March […]

Bosch Energy & Building Technology Business 2022 Examined
In this Research Note, we examine the Bosch Energy and Building Technology businesses, based on their 2022 annual results, M&A strategy and related activities in energy, building automation and security systems. Bosch Energy and Building Technology (EBT) business, the smallest of four reportable sectors, accounted for €7.0 billion in revenues in 2022, around 8% of […]

Precise Biometrics’ Security Business 2022 Examined
Precise Biometrics, a Sweden-based biometric solutions provider founded in 1997. The company went public on October 3rd, 2000, with its shares listed on the Nasdaq OMX Stockholm. In this research note, we examine the financial performance and business developments achieved by Precise Biometrics over the past year based on their year-end report and ABGSC Investor […]

Motorola Solutions Video Surveillance Business Examined
Motorola Solutions achieved record sales in 2022 in both its product segments and all three technology groups. The firm’s total revenue in 2022 reached $9.1 billion, a 12% increase on 2021 figures. While growth came primarily from its radio communications product lines, its video security business has also grown by around $300 million year-over-year and […]

Overview of the Startup Landscape. Who is Gaining Traction?
We have published a new report that evaluates the Startup Landscape of Smart Buildings in 2023. Of the 1,266 companies founded since 2012 in the management and operations phase of the global smart commercial buildings space, 801 are active and fit our definition of a Startup. This report selects 100 startups for further analysis that […]

Honeywell Building Technologies 2022 Business & Growth Strategy Examined
In this Research Note, we examine the Building Technologies business of Honeywell, based on their 2022 10K Report, investor presentations and building technology-related activities throughout 2022. The growth strategies of the division in sustainability and public safety emergency communications are also highlighted. Honeywell Building Technologies is a global provider of products, software, solutions, and technologies […]

Startup Acquisition Activity Remains Resilient in the Smart Buildings Space
Strategic acquisitions are enabling leading players across the smart buildings market to augment their technology offerings with bolt-on startup acquisitions in several areas and increase their focus on software solutions. This forms part of a 2 pronged strategy to mitigate the risk of market disruption, with leading players (and increasingly private equity firms) taking majority […]