Building Automation
JLL Workplace Management & Technologies Business 2022 Financials Examined
May 24th, 2023Breaking the Shackles: Overcoming Resistance to Change in Smart Buildings
May 23rd, 2023
Net Zero Buildings Explored: Delta Electronics Americas HQ
Delta Electronics Americas regional headquarters has become the first green building in Fremont, CA, and second in the Silicon Valley Bay Area, to achieve the LEED Zero Energy certification from the USGBC. Originally developed as a pioneering ‘green building’ in September 2015, the site has just completed a series of upgrades that have brought it […]
Nordomatic Smart Buildings Business & 2022 Financials Examined
In this Research Note, we examine Nordomatic, the largest independent integrator of open, cloud-based smart building solutions in the Nordic region, based on their 2022 Sustainability & Financial Report, strategic acquisitions and reported goals. This article updates our previous analysis of June 2022. Founded in 1967 and headquartered in Stockholm, Sweden, Nordomatic AB reported 731 […]
Learnd BMS Integration Business, SPAC Listing & Growth Strategy Examined
Learnd, a UK-based systems integrator, has announced the acquisition of Complete Energy Controls, a Scottish firm delivering Building Management Systems (BMS) with a multi-site energy management focus. This Research Note highlights the public listing of Learnd, their “buy and build” business model, recent and forthcoming acquisitions, based on investor presentations, SPAC documents and Memoori analysis. […]
IoT Market in Smart Commercial Buildings Set to Grow at Over 10% to 2028
Our latest analysis indicates that the Internet of Things market in Smart Commercial Buildings (BIoT) grew to $53.5 billion in 2022, representing a 13% rise from 2021. Performance was slightly down from our forecast of 13.8% for the year due to several factors, including a slower-than-anticipated overall economic recovery, a lack of chipsets, and disrupted […]
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, […]
Portfolio Transformation at Carrier with Acquisition of Viessmann & Exit of Fire & Security Businesses
Carrier has announced strategic actions that will transform the Company’s business portfolio and establish Carrier as a pure-play, intelligent climate and energy solutions company. They will acquire Viessmann Climate Solutions in a cash and stock transaction valued at €12 billion. They also plan to exit their Fire & Security and Commercial Refrigeration cabinet businesses. This […]
The Escalating Impact of AI on the Building Internet of Things
In recent years, artificial intelligence (AI) has evolved from being merely a buzzword to presenting definable roles and tangible benefits for smart buildings. The past three years have seen the emergence of genuinely innovative use cases for AI technologies within the IoT for smart buildings (BIoT). While the rise of generative AI, like ChatGPT (developed […]
Net Zero Buildings Explored: National University of Singapore
In January 2019, the National University of Singapore officially opened SDE4, one of the first new-build net zero buildings in Singapore. The 8,500-square-meter, six-storey, multi-disciplinary facility is a new addition to the Design & Environment precinct and part of a larger campus redevelopment. Located near the southern coastline of Singapore, this climate-responsive building has become […]
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