Building Management Systems
Automated Logic Powers 2025 Growth With 3 New Strategic Acquisitions
August 7th, 2025Smart Joules Analysis: India’s Growing Energy Efficiency Startup 2025
August 5th, 2025
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 […]
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 […]
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 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, […]
Legrand Launch Wattstopper i3 Platform Powered by KODE Labs
In this Research Note, we examine what’s behind the launch of Legrand’s Wattstopper i3 platform, “a next-generation lighting and building intelligence solution” powered by KODE Labs, announced on 5th May 2025. We explore the development of Wattstopper digital solutions, strengthened by the Encelium acquisition, before commenting on the respective partners in this collaboration and the […]
Advancis Secures Private Equity Investment in 2024: PSIM Market Implications
This Research Note examines Advancis Software & Services GmbH, a medium-sized German company providing physical security & identity software solutions. We review their latest company accounts y/e 31st December 2023 released on 4th February 2025, and comment on their private equity minority investment and positioning in the Physical Security Information Management (PSIM) market. Advancis Profile […]
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