Building Internet of Things
Honeywell Strategy Update: Building Automation Business Acquires Carrier’s Global Access Solutions
December 11th, 2023AI + Memoori = AIM!
December 7th, 2023
Paxton Access Control Business & Financials Examined
In this Research Note, we examine Paxton Access, the UK-based private company manufacturing electronic IP access control and video door entry solutions. This analysis is based on 2022 company accounts, press releases and the latest Memoori market forecasts. Founded in 1985, with headquarters in Brighton, UK, the company reports over 430 employees in 12 countries. […]
Beyond the Hype: Assessing What We Know About the PassiveLogic Ecosystem, So Far
Many startups set out hoping to change the game, to put a “dent in the universe” but the reality is that few get close. The odds of “success” if you are funded by a top VC are something like 0.05%. Even “success” doesn’t mean you change the game. Salt Lake City-based startup PassiveLogic is being […]
Napco Security Business & FY 2023 Financials Examined
In this Research Note, we examine NAPCO Security Technologies, Inc., a building security products manufacturer of alarms & connectivity, locking and access control solutions. This article focuses on NAPCO’s competitive strengths, fiscal 2023 financials, recurring service revenues and their long-term goals. The company has a significant security presence in commercial settings, with around 80% of […]
Siemens Buildings Business & FY 2023 Financials Examined
In this Research Note, we examine the Buildings business of Siemens, which operates within the Smart Infrastructure (SI) division, based on their Q4 earnings release and investor presentations of 16th November 2023. This article focuses on the latest financial results, revenue mix, recent Building X software/Xcelerator platform announcements and the outlook for FY 2024. Siemens […]
Airthings Indoor Air Quality Business & Financials Examined
In this Research Note, we examine Airthings ASA, the Norwegian tech company focused on indoor air quality sensing. This analysis focuses on their 2022 financials and revised strategy for their commercial buildings offering, Airthings for Business, based on their Capital Market Day presentation, 26th October 2023. This article updates our previous article published in January […]
Unlocking New Use Cases with Integrated Access Control
Modern technology is increasingly blurring the lines between physical and digital worlds. This shift is most noticeable in the emergence of cyber-physical systems that can interact with both real world and digital realms. In smart buildings, this transformation is represented by the convergence of Information Technology (IT), Operational Technology (OT), and cybersecurity. This triad is […]
Tracking Cleaning Industry Innovation in Smart Buildings
Few sectors got a bigger boost from the pandemic than the cleaning industry. It felt like one of COVID’s lasting impacts on the world would be an elevated level of hygiene and investment in R&D duly followed by new and established players. Now approaching 2024, we are seeing that investment come to fruition through a […]
How have Tech Job Losses Impacted the Smart Buildings Space? Part 1: BIoT Platforms
In this Research Note, we examine trends in job losses in the smart buildings startup space. The analysis is based on LinkedIn headcount reduction data over the past two years and our own compilation of statistics relating to startups undergoing redundancies, restructuring and downsizing. We have highlighted 8 examples of job losses in the BIoT […]
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