BrainBox AI
Keeping Cool in an Increasingly Hot Data Center HVAC Market
October 29th, 2024The Impact of AI on Energy Management Software for HVAC Optimization
October 15th, 2024
Amazon Accelerator Startups Pilot Energy Efficiency Solutions
Several smart building startups will trial energy efficiency, HVAC optimization, and energy storage technology across Amazon fulfillment centers and warehouses in Europe after winning funding in this year’s Amazon Sustainability Accelerator (ASA). The 2024 ClimateTech Pilot Challenge has welcomed startups that have moved beyond prototype testing and are working towards generating initial revenue and growing […]
The Dashboard is Dead… Long Live the AI Assistant
AI assistants are becoming pervasive across many software applications. It’s easy to forget that the ChatGPT chatbot developed by OpenAI only launched less than two years ago (November 30th 2022). Since then, numerous iterations, developers, and applications have emerged, reimagining how we can interact with information systems. All of a sudden, the popular “Single Pain […]
Mapping the Strategic Direction of ABB Smart Buildings Division 2024
This Research Note examines the emerging strategic priorities of ABB’s Smart Buildings division. We have mapped the acquisitions, strategic partnerships, investment activity, and divestments of the business unit to ascertain their growth ambitions, by categorizing the various relationships and deals by technology and investment type over recent years. This analysis is intended as a non-exhaustive […]
What’s Behind Brainbox AI’s Acquisition of Turntide’s Automation Division?
This Research Note highlights the background to Brainbox AI’s acquisition of the Automation division of Turntide Technologies focusing on the development of both startups and the strategic rationale of the transaction. Brainbox AI BrainBox AI was founded in 2017 with the goal of redefining building automation through artificial intelligence to address the dilemma currently facing […]
Energy Management Startups Dominate Funding in 2023-24
Our new research reveals key data on 284 funding rounds for startups, amounting to around $5.5 billion across the smart buildings sector in the 16 months since January 2023. And, with over $2 billion already invested in the first four months of 2024, we believe that the outlook for investment and alliances with new entrants […]
Major Players Put Their Weight Behind AI in Commercial Buildings
The development of artificial intelligence (AI) in commercial buildings is far-reaching, leading to a broad adoption landscape. The strategic positioning of key players in the AI market for commercial buildings is a critical aspect of understanding the current landscape and the future potential of AI. “Many large building automation firms are at the forefront of […]
ABB Smart Buildings Business 2023 Examined
In this Research Note, we examine the Smart Buildings business of ABB, based on their February 2024 Factsheet and building automation portfolio, acquisitions, divestments and investments throughout 2023. This article updates our 2022 Examined article published in March 2023 and the Capital Markets Day update for Smart Buildings in December 2023. The Smart Buildings division, […]
Funding for AI HVAC Optimization Startups Continues into 2024
Heating and cooling represents over half of building energy consumption. Therefore, the optimization of heating, ventilation, and air conditioning (HVAC) systems has long been a key component of the smart building vision. While there have been significant efficiency gains from smart technology in recent decades, it has become clear that increased optimization of complex and […]
