Building Automation

This Research Note examines the wireless IoT business of LumenRadio AB, a Swedish public company listed on Nasdaq First North Growth market. We focus on the company’s 2024 financial highlights and business segment results, based on their Year-End Report 2024, published 26th February 2025. We previously covered the company IPO in 2022, and 2023 financial […]

Open standards are critical for IoT adoption in modern commercial real estate, by ensuring that diverse devices and systems can work together, open standards lay the foundation for smart building development. Without open standards, devices operate in silos, making integration more complex, but open standards eliminate these barriers by providing a shared framework for communication […]

This Research Note takes an in-depth look at UK/US startup Noda’s filing of their 2023 accounts, released on 24th March 2025, detailing the financial results of Information Grid Ltd. We also comment on subsequent events in 2024 and 2025, including headcount reductions, transaction details of the Buildings IoT acquisition, rebranding and total disclosed funding. This […]

This Research Note explores the building integrated carbon capture business of Soletair Power, a Finnish startup founded in 2016. We examine how their Direct Air Capture (DAC) technology works and highlight their funding, strategic investors, and partnerships before commenting on the competitive landscape. Soletair Power Profile Soletair Power Company Profile, September 2024 Direct air capture […]

In this Research Note, we examine Ameresco’s energy services business based on their Q4 2024 results published on 27th February 2025, presentations, and 10K Report. We highlight their business segments, revenue mix, divestments and acquisitions. Ameresco Profile Founded in 2000, Ameresco, Inc. is a US energy solutions provider dedicated to helping customers reduce costs, enhance […]

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 […]

In this Research Note, we explore JLL Workplace Management business, the reportable business segment providing a facilities management service offering for building occupiers. We focus on its organization within Work Dynamics, financial highlights, and acquisitions, based on their 2024 full-year results, 19th February 2025, and their latest 10K Report. JLL Profile For over 200 years, […]

This presentation discusses our latest research on IoT connectivity in commercial buildings, projecting growth from approximately 2 billion connected devices in 2024 to 4 billion by 2030. Our analysis covers retail, offices, hotels, warehouses, and data centers, examining connectivity types, implementation frameworks, emerging technologies, and security considerations. Commercial Building IoT Technology Stack Our research identifies […]