Carrier
Major Players Put Their Weight Behind AI in Commercial Buildings
May 17th, 2024The Competitive Landscape for AI in Commercial Buildings 2024
April 15th, 2024
Priva’s Building Automation Business 2024 Examined
In this Research Note, we examine Priva, the Dutch company that develops hardware, software and services in the field of climate control, energy saving and optimal reuse of water. Target markets are horticulture, indoor and city farming, and commercial buildings such as offices, retail, hotels and hospitals. We review the partnerships and investments made by […]
Honeywell Building Technologies Business & Financials 2023 Examined
In this Research Note, we examine the Building Technologies business of Honeywell (HBT) based on their 2023 10K Report, investor presentations and commentary from their Q4 investor call. The strategic rationale for the Carrier Access Solutions acquisition is further discussed and significant investments and partnerships by HBT throughout the year are highlighted. Honeywell Products & […]
10 Notable Physical Security Acquisitions in 2023
This Research Note reviews physical security acquisitions in the commercial smart buildings space over the last 12 months. We highlight significant M&A transactions in video surveillance, access control, electronic locking, alarm monitoring, fire detection & suppression, and life safety systems. 3 major transactions in the physical security sector were completed in 2023 – Carrier divested […]
Carrier Portfolio Transformation: Update on Business Exits and Viessmann Acquisition
This Research Note reviews Carrier’s announcement to divest its commercial refrigeration business to Chinese manufacturer, Haier. This transaction is part of a series of divestments, brought about by the acquisition of Viessmann Climate Solutions. The state of play of Carrier’s portfolio transformation activities is assessed including the exit of the fire and security businesses. Carrier […]
Budderfly Energy Efficiency as a Service Business Examined
In this Research Note, we examine Budderfly, the US Energy Efficiency-as-a-Service (EEaaS) company focused on Small and Medium-sized Enterprises (SMEs) and franchise businesses. This analysis covers their business model, funding, majority ownership, growth and outlook for 2024. Founded in 2007 and headquartered in Shelton, Connecticut, Budderfly implements proprietary energy intelligence software, energy-efficient technology upgrades that […]
Honeywell Strategy Update: Building Automation Business Acquires Carrier’s Global Access Solutions
On 10th October 2023, Honeywell announced plans to realign its business segments around three megatrends: automation, the future of aviation, and energy transition. This Research Note focuses on what this means for the smart buildings market. The US conglomerate’s perspective for organic and inorganic growth was further highlighted on a 1st December webcast, together with […]
Unlocking New Use Cases with Integrated Access Control
Modern technology is increasingly blurring the lines between physical and digital worlds. This shift is most noticeable in the emergence of cyber-physical systems that can interact with both real world and digital realms. In smart buildings, this transformation is represented by the convergence of Information Technology (IT), Operational Technology (OT), and cybersecurity. This triad is […]
Bosch To Sell Security Products Business, Building Technologies to Focus on Systems Integration
In this Research Note, we examine what’s behind the proposed sale of Bosch Security Products and the realignment to focus on systems integration business in the Building Technologies division, announced on 26th October 2023. This article updates our Bosch Energy & Building Technology Business 2022 Examined article and our coverage of the recent acquisition of […]
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