BEMS
Exploring the Role of Telecoms Firms in the Smart Building Market
July 25th, 2024Azbil Building Automation Business & FY2023 Financials Examined
May 21st, 2024
Azbil Building Automation Business and Financials Examined
In this Research Note, we examine Azbil, a Japanese public company with a leading position in the domestic building automation market. Our analysis is based on their FY2022 annual results, year ending 31st March 2023 and investor presentations. The Building Automation (BA) business, the largest of three business units, accounts for 46% of consolidated net […]
ABB Divests Multisite Retail Business & Invests Further in BrainBox AI as a Strategic Partner
Brainbox AI has announced the acquisition of ABB’s multisite retail business and a US$20 million fundraising round led by the Government of Québec as a lead investor for US$10 million, alongside ABB, a returning lead investor and global partner. This Research Note highlights the background to this announcement and the strategic rationale of both companies, […]
Small Commercial Buildings Are a Big Opportunity for Technology Growth
Our image of large cities tends to be dominated by skyscrapers and large office complexes, but the reality is that these big buildings only make up a tiny fraction of total commercial building stock. In fact, 94% of the commercial building in the US are made up of properties with under 50,000 square feet of […]
De-Risking Building Management with Insured Business Outcomes and Predictive Analytics
This article was written by Daphne Tomlinson, Senior Research Associate at Memoori. Alliances between smart building solution providers and Insurance companies are enabling improved building performance through predictive analytics and insurance-backed guarantees. Three examples from early innovators described in this article reduce the risk that a company takes when deploying a new technology and may […]
Ahead of the Curve? Big Telecom to Disrupt the Smart Building Industry in South Korea
The building was once the domain of the operational technology (OT) industry until things started getting smart. As buildings began to generate more and more data, the information technology (IT) industry leveraged their expertise to take its share of the evolving market. Today, OT firms race to develop the data capabilities that will allow them […]
ABB Ramps Up its Mid-Market Commercial Building Automation Business
This article was written by Daphne Tomlinson, Senior Research Associate at Memoori. ABB is targeting a new growth opportunity in the commercial building solutions and services sector, according to its November 2019 Electrification Investor Day in Italy. The group presentation views commercial buildings as a high-growth segment with a $21 billion market size and a […]
Hitachi, Mitsubishi & ENGIE Join Forces to Develop Vehicle to Building & Grid Technology
As much as 75% of CO2 emissions produced today come from buildings and transport combined. So when a new technology innovation arises which promises to promote energy efficiency and the integration of renewable energy within both sectors simultaneously, it is worth exploring. Electronics giant Hitachi, along with Mitsubishi Motors and energy firm ENGIE have come […]
Comfy’s People-Centric Approach to the Office Gains Traction
The Internet of Things (IoT) and smart buildings sectors are realising that when you focus building design and technology on people, you bring about better results. The objective of a smart building is fundamental to this idea; in a smart hospital the IoT can be focused on aiding healthcare professionals and supporting patients to improve […]
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