Building Management Systems
Johnson Controls UK Analysis: 8 Strategic Acquisitions Since 2022 Drive Revenues
October 13th, 2025A SEA of Energy Efficiency Opportunities in 2025!
October 9th, 2025
Delta Electronics Building Automation: Key Insights in 2025
In this Research Note, we examine the building automation business of Delta Electronics, a Taiwanese public company. We review the current brand offerings, financial highlights, a recent significant deployment, and provide a Memoori view of this second-tier player, building on our coverage of their strategy last year. Building Automation Brands The building automation business has […]
learnd’s Strategic €48.5M Management Buyout Signals New Growth Phase
This Research Note examines learnd SE, a Luxembourg public company, which announced on 24th September 2025, that the founders have taken a majority stake and are to take the company private. We explore the transaction details, learnd’s history and buy and build strategy followed by the implications of the organizational change and a Memoori view. […]
Mitsubishi Electric’s $883m Nozomi Networks Acquisition Strengthens OT Security Portfolio
This Research Note examines the acquisition of Nozomi Networks announced by Mitsubishi Electric on 9th September 2025. We explore the transaction details and strategic rationale before assessing their Serendie-related digital services businesses and the acquisition’s impact on the Iconics Digital Solutions subsidiary of Mitsubishi Electric. Tranaction Details On 9th September 2025, Nozomi Networks, a US […]
Automated Logic Powers 2025 Growth With 3 New Strategic Acquisitions
This research note examines the Automated Logic (ALC) business of Carrier Global. It highlights the commercial building control solutions and services offered by the company through field service contractors, recent Automated Logic acquisitions and its vertical market focus on the data center market. Our research is based on Carrier’s 2025 Investor Day Presentation, 19th May […]
Smart Joules Analysis: India’s Growing Energy Efficiency Startup 2025
This Research Note examines Smart Joules, one of 11 Indian smart building startups recognized as gaining traction in our March 2025 Research Note. We explore the company’s solutions and services, external funding, vertical markets, deployments, and competition. Smart Joules Profile Smart Joules claims to be India’s leading energy efficiency company. Founded in 2014 by CEO Arjun […]
Carnot’s Energy Optimization Solutions 2025 Expansion in Asia & Middle East
This Research Note examines Carnot Innovations, a Hong Kong-based smart buildings startup. We explore their AI-powered energy optimization solutions, deployments, funding, and partnerships. Carnot Innovations Profile Founded in 2018, Carnot Innovations has developed a proprietary AI Optimization and Analytics solution to control buildings in real-time, aiming to improve the operational and resource efficiency of buildings […]
Azbil’s Building Automation Profits Surged 26% in 2024
In this Research Note, we examine Azbil, a Japanese public company with a leading position in the domestic building automation market. The financial highlights and FY2025 outlook for the Building Automation business are based on their FY2024 annual results, year ending 31st March 2025, investor presentation, 13th May 2025, Annual Reports, and Memoori analysis. See […]
learnd SE Reports Strong 73% Revenue Growth
In this Research Note, we examine learnd SE, a Luxembourg public company operating in the UK and Ireland as a BMS integrator and energy management service provider. We focus on their 2024 financial results, announced on 30th April 2025, 2024 Annual Report, and Annual Results Presentation. This article updates our previous coverage of learnd’s buy-and-build […]
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