Building Management Systems

Smart Buildings

learnd’s Strategic €48.5M Management Buyout Signals New Growth Phase

September 26th, 2025
Smart Buildings

Mitsubishi Electric’s $883m Nozomi Networks Acquisition Strengthens OT Security Portfolio

September 10th, 2025
Automated Logic Data Centers
Smart Buildings

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 Energy Efficiency 2025
Energy

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 Hong Kong
Energy

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 Japan 2024
Energy

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 cloud BMS 2025
Energy

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 […]

Beckhoff Building Automation 2025
Smart Buildings

Beckhoff Predicts Recovery after Posting 33% Decline in 2024 Revenues

In this Research Note, we examine Beckhoff, a German family-owned industrial automation business, and its reaction to a sharp decline in 2024 revenues, announced on 31st March 2025. We also highlight a recent partnership and deployment in its building automation division. This article updates our previous coverage of the company in October 2024. Beckhoff Automation […]

Samsung Electronics Acquires FläktGroup
Smart Buildings

Samsung Acquires FläktGroup for €1.5Bn in Significant HVAC Deal

This Research Note examines what’s behind the acquisition of FläktGroup, a German HVAC systems provider, by Samsung Electronics, announced on 14th May 2025. We explore the transaction details and strategic rationale before providing our assessment of the respective businesses of both parties, based on recent press releases and Memoori analysis. Transaction Details In May 2025, […]

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