Artificial Intelligence

In our Podcast series “Sh*t You Wish Your Building Did!”, Memoori explores the intersection between technology and commercial real estate through interesting conversations. Using ChatGPT to Augment the Experience of Smart Building system users. Instead of naming their dogs, Bitpool has put ChatGPT to good use, connecting it to their API to create their own Chat […]

In this Research Note, we examine the Smart Buildings business of ABB, based on their 2022 results, Factsheet and building technology-related acquisitions and partnerships throughout 2022. The Smart Buildings division, one of 6 business units of the $14.1 billion Electrification segment of ABB, reported revenues in the range of $2,750 to $3,250 million for 2022. […]

Almost 140 years ago, in 1883, American college professor Warren Johnson became frustrated with his inability to control individual classroom temperatures, so designed and patented a multi-zone pneumatic control system to solve the problem. Two years later, in 1885, he established the Johnson Electric Service Company in Milwaukee, Wisconsin, a firm now known as Johnson […]

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 […]

Our new research discloses the highest-funded startups in the smart buildings space in the last two years. All of these companies each attracted over $220 million in total disclosed funding. Since 2015, total capital invested in startups in the global smart building space amounted to over $31 Billion. In the last 2 years (which are the […]

This Research Note examines the emerging strategic priorities of Schneider Electric in the smart commercial buildings space. We have mapped M&A, divestments, strategic partnerships and investment activity to ascertain the growth ambitions of the Buildings business. We have categorized the various business relationships by technology and investment type over a 3-year period. This article, Part 2 of a 2-part analysis […]

This Research Note highlights our analysis of funding levels raised by smart building established players and startups in 2022 from venture capital firms, private equity and strategic investors. Memoori has seen an 11% decrease in investment values compared to the record level of over $12 billion in 2021. Investment in the smart buildings space in […]