Building Internet of Things
Startup Acquisitions Surge 60% in Smart Buildings: 10 Big Strategic H1 2025 Deals
July 29th, 2025Smart Building Startups Navigate Shifting Investment Landscape in 2025
July 22nd, 2025Utopi Achieves Strong 2025 Growth in Decarbonizing Student Accommodation
This Research Note examines Utopi, a Scottish IoT device startup that has gained traction in the Purpose-Built Student Accommodation (PBSA) market. We explore the firm’s software and hardware offerings, deployments, funding, and financial highlights. Utopi Profile Founded in 2019 in Lanarkshire, Scotland by Ben Roberts, Falk Bleyl, John Trower, and CEO Jonathan Burridge, Utopi Ltd […]
Paxton Access Delivers Solid 2024 Results Despite Tough Market Conditions
In this Research Note, we examine Paxton Access, the UK-based private company manufacturing electronic IP access control and video door entry solutions. This article is based on their 2024 company accounts and press releases, updating our previous coverage of the company in December 2023. Paxton Company Profile Founded in Brighton, UK in 1985, Paxton has […]
Helvar’s Smart Building Focus Strengthens After 2024 Demerger
In this Research Note, we examine Helvar Oy, the Finnish provider of lighting control and sensing solutions, one of four subsidiaries of Helvar Merca Oy, the ultimate parent company. This article highlights the firm’s main solutions, its latest financial results, company reorganization, and business outlook. This updates our previous analysis of the company from July […]
Axis Communications Reports Strong 7.4% Revenue Growth Despite Headwinds
In this Research Note, we examine the Axis Communications video surveillance business. This analysis is based on Axis Communications 2024 Sustainability Report published in June 2025, Canon 2024 Financial Results Presentation, published 30th January 2025, and Memoori analysis. Founded in 1984 with headquarters in Lund, Sweden, Axis Communications offers products and services for video surveillance […]
IoT Platforms Shift Beyond SaaS? Business Model Changes for 2025 & Beyond
Did you miss our live stream last week? We explored the complex ecosystem of IoT platforms reshaping how commercial buildings operate, from traditional office spaces to data centers. We examined the five technology tiers, analyzed the competitive landscape of unified versus specialized platforms, and investigated how artificial intelligence is fundamentally disrupting traditional software-as-a-service business models […]
Wesco’s $36.5m Deal for entroCIM Powers Shift to Services
In this Research Note, we explore what’s behind the acquisition of entroCIM by Wesco and examine the software business which has become part of Wesco’s Data Center Solutions segment. We also highlight Wesco’s strategy evolving from a distributor to a services provider. Transaction Details Headquartered in Pittsburgh, Pennsylvania, Wesco is a FORTUNE 500 company with […]
Technovator Reports $36.4m Loss in Challenging 2024 Performance
In this Research Note, we examine Technovator, a Chinese building automation firm, based on their 2024 Annual Report and financial results, published on 26th March 2025. This article updates our previous coverage of the company in June 2024. Technovator Profile Founded in Singapore in 2005, Technovator is listed on the Main Board of the Hong […]
Runwise Raises $55m, Claiming “Most Capitalized & Widely Deployed Smart Building Platform in US”
This Research Note examines the recently announced Runwise $55M Series B financing round, led by Menlo Ventures. We also parse their claim to be “the most capitalized and widely deployed smart building platform in the US”. Runwise Profile Runwise was founded in 2010 and was formerly known as Heat Watch. The company has undergone a […]