Artificial Intelligence
Webinar: Tagging with AI to Enable Data-Driven Applications at Scale
July 27th, 2021Massive Funding Rounds Flow into the Video Surveillance Market
July 22nd, 2021
Intelligent Energy Demand Needs Intelligent Energy Supply
Buildings and the electricity grid are inextricably linked. The building sector represents up to 75% of all electricity usage and is also a disproportionately large contributor to peak energy demand, according to our recent report. The electricity grid, including power generation, must serve that demand, and to do so efficiently, it must develop a deep […]
What Type of Smart Building Will Lead AI Adoption?
Artificial intelligence (AI) is the inevitable future for buildings but just like the adoption of smart technology over the last decade, the introduction of AI will be different for each building vertical. Retail, hospitality, healthcare, and office buildings, for example, each discovered their own use cases for smart technology, their varying needs created different drivers […]
Record Funding in Smart Buildings Sector with $5.1 Bn Invested in H1 2021
This article was written by Daphne Tomlinson, Senior Research Associate at Memoori. Funding in the Smart Buildings sector is at an all-time high as H1 2021 deal values of over $5.1B surpassed the previous record by over 5% compared with H2 2018 ($4.9B) and by over 14% in H2 2020 ($4.5B). In terms of the number of transactions, Memoori […]
How Far We Really Are From AI-Enabled Smart Buildings
Artificial intelligence (AI) has been a symbol of futuristic technological development since the mid-1950s but for the vast majority of that time it has been limited to the imaginations and research of academics and science fiction writers. In the last 10-years, however, our increasing computational capabilities have begun to lay the foundations for practical applications […]
Solving the Design-Build-Operate Divide with Ontology-based Digital Twins
“I think it is key that the smart building design and operation phases be better joined up. That’s the most important technical gap in my opinion, which must be addressed to trigger the biggest impact on smart buildings,” Ray D’Urso, building technology consultant, told Memoori. “I agree, there is a significant divide between the design, […]
Raising the Level of Healthcare Building Intelligence Before the Next Pandemic
Our buildings have felt the unprecedented effects of the COVID-19 pandemic. While offices, schools, and retail outlets have seen months of zero occupancies, our residential buildings have played the role of home and workplace as hundreds of millions were locked down for extended periods over the past 14-months. However, perhaps no type of building has […]
Solving the Smart Building Cybersecurity Problem with AI
“The most important and urgent problems of the technology of today are no longer the satisfactions of the primary needs or of archetypal wishes, but the reparation of the evils and damages by the technology of yesterday,” said the late Hungarian-British electrical engineer and Nobel prize-winning physicist, Dennis Gabor, CBE, FRS. In our modern world, […]
New EU Regulations Could Become the Global Standard for AI Development
“Artificial Intelligence (AI) is a means, not an end. It has been around for decades but has reached new capacities fueled by computing power. This offers immense potential in areas as diverse as health, transport, energy, agriculture, tourism or cyber security. It also presents a number of risks,” said Thierry Breton, the EU’s internal market […]