Building Internet of Things
Energisme Energy Performance Software Business & 2022 Financials Examined
May 31st, 2023Simpple IPO & Facilities Management Business Examined
May 30th, 2023Breaking the Shackles: Overcoming Resistance to Change in Smart Buildings
The commercial building industry has been notoriously slow in its adoption of new smart buildings technologies, struggling with a deep-seated inertia that has seen innovation lag other market verticals. Bound by the shackles of long-established practices and the burden of decades-old infrastructure and systems, it remains highly resistant to disruption. Complex supply chains, entrenched ecosystems, […]
Time For PropTech Startups to Demonstrate Their Value!
“We have just lived through a decade of historically low-interest rates, which has now all but come to a stop. While this has broad sweeping impacts for the economy at large, for venture capitalists this has dramatically increased the opportunity cost of capital for general partners,” says Mike McAra, director at Second Century Ventures and […]
How Improved Stakeholder Collaboration Leads to More Effective Smart Buildings
A huge range of different parties have both a stake in and a role to play in the delivery of, successful smart building solutions across the life cycle of a building. Each of these stakeholders comes with its own unique set of priorities, goals, and key performance indicators (KPIs). Achieving successful outcomes as part of […]
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 […]
Another Failed PropTech SPAC: Enocean Terminates Merger Agreement with Parabellum
PropTech SPAC Parabellum Acquisition Corp. (OTC:PRBM) announced last week that energy harvesting IoT specialist, EnOcean GmbH had terminated their merger agreement. This Research Note highlights the company background to this announcement and our overall view of PropTech SPAC companies in the smart buildings market. EnOcean, based in Germany, looked well-positioned to become a successful publicly […]
Buyer’s Market Triggers a Flight-to-Quality in Commercial Real Estate
As the world grapples with the profound impact of the COVID-19 pandemic, the commercial real estate (CRE) sector finds itself at a pivotal moment. The unprecedented shift towards remote and hybrid work has left businesses questioning the traditional office space model, and the CRE market is now compelled to innovate or risk obsolescence. Our new […]