Asia-Pacific

Our new research shows that funding from venture capital, private equity, and corporate backers for smart building startups reached $6.9 billion in 2024, the 3rd highest year in value since 2015. This funding was spread across 279 funding rounds, a 17% increase on 2023. We identified 1,331 startups founded since 2013 in the management and operations […]

In this Research Note, we examine Urbanise, an ASX-listed facilities management software business headquartered in Australia. We focus on their software offerings, FY2024 financial highlights, and FY2025 outlook. Founded in 2001, Urbanise offers solutions for facilities and strata managers. Their cloud-based Software-as-a-Service (SaaS) platforms, Urbanise Strata and Urbanise FM, service the strata and facilities management […]

This Research Note examines Akila, an Asian provider of a digital twin data platform that centralizes and visualizes data from one site up to an entire building portfolio for property management and optimization. A Startup Backed by Aden Group Launched in 2021 in Singapore, Akila is backed and incubated by Aden Group, an Asia-based facility-management […]

Founded in 2016, in Singapore, Simpple provides solutions for building managers and owners to operate their buildings autonomously through technology. Originally focused on robotic cleaning, the company soon shifted to an integrated software solution that connects IoT devices, robotic solutions, and the workforce, through a single unified platform, enabled by AI. Achieving revenues of $4.8 […]

We have been talking about smart buildings for decades. We have seen smart technology emerge and showcase projects achieve impressive results, however, the vast majority of new and old buildings are still not smart. A new joint white paper by Spaceworx and Memoori asks “why?” and, more importantly, “what can be done about it?” Download […]

In this Research Note, we examine Azbil, a public company with a leading position in the Japanese building automation market.  Our analysis is based on their annual results, year ending 31st March 2022 and investor presentations. The Building Automation (BA) business, the largest of three business units, accounts for 46.4% of consolidated net sales for the Azbil Group, which increased […]

Our new research forecasts that the digital workplace market will grow rapidly at 20% per year between 2021 and 2026, rising from $3.70 billion in 2021, to $9.21 billion in just five years. Market growth will be largely driven by cost-control measures such as space rationalization and reconfigured solutions to help create safe and hybrid workspaces for […]