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July 24th, 2025
Unica’s 2025 Strategy: MPL Acquisition Unlocks Advanced Smart Building Platform
This Research Note explores the strategic rationale of the recent acquisition of Dutch firm, MPL by Unica, one of the leading technical service providers in the Netherlands. We examine MPL’s Smart Building Platform as a Service and its integration into it’s Building Intelligence cluster of companies. MPL Acquisition On 20th March 2025, Unica announced the […]
Podcast 37: Software Ate The World… What Will AI Agents Devour?
Are AI agents about to transform how our buildings work? In this conversation with smart building expert Elisa Rönkä, we explore how agentic AI could revolutionize the PropTech ecosystem. This isn’t just another AI hype video — it’s a practical discussion about how the smart building industry might navigate a huge transformation in technology. We […]
Estonian Building Automation Startup Bisly Examined
In this Research Note, we examine the Estonian building automation firm Bisly, Founded in 2018 in Tallinn, Estonia, Bisly is built around the idea of making professional intelligent building technology available to all market segments. They offer a mix of their own hardware as well as market-specific third-party hardware that is delivered through a single […]
Recording: AI as an Interface for Commercial Buildings
Here is the recording and presentation from our live stream with Jonathan McFarlane from PlaceOS discussing how AI Large Language Models (LLMs) will change the way we interact with our buildings. The future of building system user interfaces is not dashboards! Artificial Intelligence, and specifically LLMs, will change commercial building system interactions from “point & […]
Investment in the Smart Buildings Space Declined 26% in 2023
This Research Note highlights our analysis of investment levels raised by smart buildings startups and established players in 2023 from venture capital firms, private equity and strategic investors. We review investment in the smart buildings space in the context of the broader proptech sector, assess funding for startup companies, the role of corporate investors and […]
Mapping the Strategic Direction of Grosvenor Property Group in Smart Buildings
This Research Note examines the emerging strategic priorities of Grosvenor Property Group in the smart commercial buildings space. We have mapped strategic partnerships and investment activity by categorizing the various business relationships by technology and investment type over a 3-year period between January 2021 and July 2023. Grosvenor (GPUK) is the UK’s largest private property […]
Mapping the Strategic Direction of Schneider Electric in Smart Buildings – Part 1
This Research Note examines the emerging strategic priorities of Schneider Electric in the smart commercial buildings space. We have mapped M&A, divestments, strategic partnerships and investment activity to ascertain the growth ambitions of the Buildings business, by categorizing the various business relationships by technology and investment type over a 3-year period. This article, Part 1 of a 2-part analysis, is […]
Is the Failed tado Deal Another Nail in the SPAC Coffin?
Another month and another failed SPAC in the smart buildings industry, this time involving German smart thermostat provider, tado. Each special purpose acquisition company (SPAC) deal offers a different set of reasons for failure, but on the surface, the tado deal with GFJ ESG (the SPAC) appeared to have all the ingredients for success. Tado has […]