Asia
Azbil’s AI & Data Center Strategy: 3 Key Moves Shaping Its Growth Plan
April 7th, 2026Smart Joules Analysis: India’s Growing Energy Efficiency Startup 2025
August 5th, 2025
Carnot’s Energy Optimization Solutions 2025 Expansion in Asia & Middle East
This Research Note examines Carnot Innovations, a Hong Kong-based smart buildings startup. We explore their AI-powered energy optimization solutions, deployments, funding, and partnerships. Carnot Innovations Profile Founded in 2018, Carnot Innovations has developed a proprietary AI Optimization and Analytics solution to control buildings in real-time, aiming to improve the operational and resource efficiency of buildings […]
WeMaintain Achieves Strong International Growth: 70% Business Outside France
This Research Note examines the French startup, WeMaintain, established as an independent maintenance company to challenge the incumbent elevator and escalator manufacturers with IoT-based monitoring and superior service. This article updates our 2022 Research Notes on the company in July 2022 and October 2023. WeMaintain Profile Founded in 2017, WeMaintain offers tech-enabled predictive maintenance operations […]
Azbil’s Building Automation Profits Surged 26% in 2024
In this Research Note, we examine Azbil, a Japanese public company with a leading position in the domestic building automation market. The financial highlights and FY2025 outlook for the Building Automation business are based on their FY2024 annual results, year ending 31st March 2025, investor presentation, 13th May 2025, Annual Reports, and Memoori analysis. See […]
Kaer Secures $350 Million to Dominate Low-Carbon Cooling Across Asia
This Research Note examines the recent strategic investment by Patrizia and Mitsui in Singapore-based Kaer. We highlight the As-a-Service business model and the strategic investments targeting up to USD 350 million in capital deployment which aim to accelerate the transition to low-carbon cooling in Asia. Kaer Profile Established in 1993 in Singapore, Kaer designs, builds, […]
Indian Innovation: 11 Smart Building Startups Gaining Traction
In this Research Note, we examine the smart building startup market in India. This analysis is part of our Startups in Smart Buildings Report, published in January 2025 in which we examined 30 APAC startups gaining traction. We assess the venture capital fundraising market in India, before highlighting 11 startups founded in India in the […]
Workplace Experience Apps Emerge Across the Global Office Market
Apps have become so integrated into our daily lives over the past 15 years it is easy to forget what life was like before them or underestimate the influence they have today. Apps have quickly moved beyond the games, media, and social purposes that dominated early years to take on critical aspects in our lives, […]
Chinese Startups Addressing Digital Workplace Solutions for Commercial Real Estate
The digital workplace sector is a rapidly evolving market opportunity within commercial real estate. The market is in the early stages of maturity, having seen considerable activity over the past two years accelerated by the COVID-19 pandemic. Our new Digital Workplace report published this year forecasts that the the Asia region will enjoy the most impressive rise in digital […]
Asia-Pacific Continues to Lead the Building Internet of Things Market Through to 2022
The global market for the Building Internet of Things (BIoT) has been growing rapidly over the last decade with North America dominating the sector until recently. The rise of IoT adoption in buildings throughout the Asia-Pacific region in recent times is set to continue for at least the next five years. While the Asia-Pacific regions […]