Building Technology
Cisco Smart Buildings: The Forgotten Deal Still Relevant in 2026
September 18th, 2026Digital Twin & AI 2026: Startups Trying to Demolish Construction Silos
September 1st, 2026
Technovator Faces a Critical 2026 After 18.7% Revenue Fall
In this Research Note, we examine Technovator, a key player in the Chinese building automation market, based on its 2025 annual report and financial results. We highlight the negative reaction of analysts to their decline in revenues and profitability. This article updates our previous coverage of the company in June 2025. Technovator Profile Founded in […]
SCorp-io: French Scale-Up Providing BMS to Over 300 Medium-Sized Commercial Buildings
This Research Note examines SCorp-io, a French scale-up providing building management systems (BMS) for medium-sized commercial buildings. We highlight the gap in the French market for energy management in medium-sized buildings, comment on deployments and funding raised by SCorp-io, as well as competition in the European market. SCorp-io is one of 169 startups funded in […]
75F Acquisition Examined: 3 Reasons Carrier Made This Deal
This Research Note examines the announcement on 23rd July 2026 that Carrier Global has acquired 75F, a Minnesota-based provider of IoT building management systems. We draw on our previous coverage of 75F in February 2025 and our analysis of Carrier’s digital buildings and AI strategy in our 2026 Startups and AI Reports. Strategic Rationale of […]
aedifion: HVAC Optimization StartUp Grows Revenue 86% in 2025
This Research Note examines aedifion, a German HVAC optimization startup, its growth in 2025/2026, and external funding before highlighting their recent collaboration with two other DACH smart building startups, Optiml and Green Fusion. This article updates our previous coverage of aedifion in April 2025. Aedifion Profile aedifion GmbH is a startup based in Cologne, Germany, […]
JLL Spark: The $445m Venture Arm Shifting to AI & Data Center Infrastructure
This Research Note examines the technology strategy of JLL, the $26.1B global real estate services firm, investing in startups in the smart buildings space. We examine the investments of JLL Spark over the past 18 months and highlight their shift in focus, before commenting on their alignment with broader trends in the sector and how […]
Bosch Targets Small and Mid-Sized Buildings With SkyQ in 2026
This Research Note examines the strategy of Bosch Home Comfort Group in the smart commercial buildings market. We review the development of its light commercial portfolio for small and medium-sized buildings and its partnership with Hitachi for a suite of AI-powered building management solutions, before commenting on the overall offerings of the Bosch group in […]
Honeywell Technologies Sees Strong M&A Upside After 2026 Spin-Off
This Research Note examines the Building Automation business of Honeywell Technologies presented at their Investor Day on 11th June 2026. This article updates our previous commentary on Honeywell’s automation spinoff in October 2025 and their 2025 results in February 2026. Honeywell Technologies Simplified the portfolio into a pure-play automation leader, spinning off Aerospace and Advanced […]
CAREL: Strong Growth to €629M Fuels Pivot Beyond HVAC Components
This Research Note examines Carel Industries SpA, an Italian public company manufacturing control products for HVAC and refrigeration applications. We highlight their latest 2025 financial results, revised strategy and product and service development in 2025. This article updates our previous coverage of the company in July 2023. Carel Group Profile Established in 1973, the Carel […]
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