China
Technovator Reports $36.4m Loss in Challenging 2024 Performance
June 16th, 2025Trade Tensions in 2025: Smart Building Market Fragmenting?
May 21st, 2025
Hikvision’s Strategic AIoT Shift & 2024 Financials Explored
In this Research Note, we examine the Chinese video surveillance giant, Hikvision (Hangzhou Hikvision Digital Technology Co., Ltd), focusing on their strategic repositioning and business organization, before highlighting their 2024 results. This article is based on an IR presentation, October 2024, Hikvision’s 2024 Annual Report, 19 April 2025, associated press release, and Memoori analysis. See […]
SenseTime Transformation: Gen AI Powered 64% of Revenue in 2024
In this Research Note, we examine the Chinese AI company, SenseTime, in the context of the smart buildings sector. We assess the group’s strategic pivot away from smart city business towards generative AI and digital transformation initiatives before highlighting 2024 results by business segment, based on 2023 and 2024 annual report announcements and investor presentations. […]
Trump Tariff Era: How 2025 Policies Could Reshape Smart Building Tech
“I always say ‘tariffs’ is the most beautiful word to me in the dictionary,” said US President Donald Trump on numerous occasions. Barely three months into his second term as president, Trump may have made more tariff changes than any period in modern US history. Today, on “Liberation Day”, Trump is set to make a […]
Signify’s Lighting Business & 2024 Financials Examined
In this Research Note, we examine the lighting business of Signify, based on their 2024 annual results announced on 24th January 2025 including the revised organization of four verticalized businesses, implemented in April 2024 and their guidance for 2025. Signify, headquartered in Eindhoven, the Netherlands, is the global vendor of conventional lighting, LED, and connected […]
Belimo Building Controls Business & 2024 Financials Examined
In this Research Note, we examine the 2024 financial results of Belimo Group, a leading player in the building control products sector. This article is based on their sales development investor presentation of 20th January 2025. Belimo Holding AG, a listed company on the Swiss Stock Exchange, is headquartered in Hinwil, Switzerland with over 2,400 […]
EV Charging is Coming to Commercial Buildings: Are you Ready?
Electric Vehicle (EV) adoption is occurring at a much faster rate than previously anticipated, according to December 2023 research by Jung et al, who estimate battery EV fleet sizes are doubling approximately every 15 months. This growth trajectory means that the majority of passenger vehicles in developed markets could be electric by 2031, demanding rapid […]
Akila Digital Twin Platform Business 2024 Examined
This Research Note examines Akila, an Asian provider of a digital twin data platform that centralizes and visualizes data from one site up to an entire building portfolio for property management and optimization. A Startup Backed by Aden Group Launched in 2021 in Singapore, Akila is backed and incubated by Aden Group, an Asia-based facility-management […]
Maturing VPP Markets Signal Grid Modernization Around the World
Virtual Power Plants (VPPs) have been on the verge of disrupting the power sector for about a decade now, but continued development around the world suggests the technology should emerge as a core element of the global electricity landscape. “VPP technology alleviates electricity grid issues with solutions that include managing load shifting, renewable energy sources, […]
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