Building Technology

Security

Allegion’s Investment Strategy: 20 Startups Expanding Their Technology Horizon

August 4th, 2025
Smart Buildings

IoT Platforms Shift Beyond SaaS? Business Model Changes for 2025 & Beyond

June 26th, 2025
Complimentary Article
Wesco entroCIM Acquisition 2025
Smart Buildings

Wesco’s $36.5m Deal for entroCIM Powers Shift to Services

In this Research Note, we explore what’s behind the acquisition of entroCIM by Wesco and examine the software business which has become part of Wesco’s Data Center Solutions segment. We also highlight Wesco’s strategy evolving from a distributor to a services provider. Transaction Details Headquartered in Pittsburgh, Pennsylvania, Wesco is a FORTUNE 500 company with […]

Technovator Singapore 2025
Smart Buildings

Technovator Reports $36.4m Loss in Challenging 2024 Performance

In this Research Note, we examine Technovator, a Chinese building automation firm, based on their 2024 Annual Report and financial results, published on 26th March 2025. This article updates our previous coverage of the company in June 2024. Technovator Profile Founded in Singapore in 2005, Technovator is listed on the Main Board of the Hong […]

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 […]

bosch building technology
Energy

Bosch Powers Through Difficult 2024 with Big HVAC Expansion

This Research Note examines the Energy and Building Technology (EBT) business sector of the Bosch group, focusing on their 2024 annual results, the Home Comfort and Building Technologies divisions and how forthcoming acquisitions and divestments will impact these businesses in 2025.  This article is based on Bosch’s 2024 results announcement, 31st January 2025, 17th March […]

Flowscape Workplace Management
Smart Buildings

Flowscape Unveils New Market Strategy After 2024 Revenue Decline

In this Research Note, we examine the Swedish workplace management solutions vendor, Flowscape Technology AB, based on their year-end report for 2024, issued on 21st February 2025.  This article updates our previous Research Note from May 2024. Flowscape is a SaaS provider of digital workplace solutions for the hybrid office. The business concept was born […]

MATRYCS big data architecture
Smart Buildings

BIoT Market: The Forces Driving Growth to $101 Billion by 2030

The global market for the Building Internet of Things (BIoT) in commercial buildings is projected to expand from $64.1 billion in 2024 to $101.0 billion in 2030, representing a CAGR of 7.87% over the forecast period under the baseline scenario, according to our latest research. These new forecasts demonstrate the resilience of BIoT development in […]

Legrand Wattstopper KODE Labs
Smart Buildings

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 […]

aedifion bnp paribas
Energy

aedifion’s AI HVAC Optimization Platform Reports Solid Growth in 2024

In this Research Note, we examine aedifion, a German AI HVAC optimization startup which has over 400 buildings under management, accounting for more than 4.2 million square metres. aedifion Profile aedifion GmbH is a startup based in Cologne, Germany, offering an AI-enabled platform for energy optimization in non-residential buildings. The firm was established by Dr.-Ing. […]

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