Building Internet of Things

This Research Note examines the digital service offerings of Otis, the world’s leading elevator and escalator manufacturing, installation and service company.  We highlight the group’s strategic initiatives in digitalization, including the ONE IoT platform. This article is based on their Investor Day presentation, 2024 Annual Report, an interview with Judy Marks, CEO, 18th April 2025, […]

This Research Note explores Built Cybernetics plc, a London AIM-quoted PropTech group delivering Smart Buildings and related services. We examine their latest financial highlights, year ending 30 September 2024, announced 24th March 2025 and their strategic focus to augment their architectural businesses with recurring SaaS revenues from smart building services. Built Cybernetics Profile The Group […]

In this Research Note, we examine the recent announcement that Enlighted will wind down operations in 2025. We also reflect on wider market trends for lighting controls and occupancy analytics technology, and highlight previous closures in the space. Enlighted Profile & Closure Headquartered in Santa Clara, California, Enlighted was founded in 2009 by Tanuj Mohan […]

In this Research Note, we examine Spacewell, part of the Manage segment of Nemetschek, which provides software for the management and operations phase in the building lifecycle. This article is based on Nemetschek 2024 annual results, investor presentations and Annual Report, published on 20th March 2025.  We also highlight the appointment of a new CEO, […]

“I always say ‘tariffs’ is the most beautiful word to me in the dictionary,” said US President Donald Trump on numerous occasions. Barely three months into his second term as president, Trump may have made more tariff changes than any period in modern US history. Today, on “Liberation Day”, Trump is set to make a […]

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 […]